Automotive Night Vision System Market to hit $4.5bn by 2025: Global Market Insights, Inc.

Major automotive night vision system market players include Autoliv Inc., Denso Corporation, Delphi Technologies, and Robert Bosch GmbH. The manufacturers are focusing on increasing the industry share with the introduction of highly capable night vision systems.


Selbyville, Delaware, June 28, 2019 (GLOBE NEWSWIRE) --

The automotive night vision system market is predicted to hike from over USD 1.6 billion in 2018 to around USD 4.5 billion by 2025, according to a 2019 Global Market Insights, Inc. report.  The market growth is owing to need for vehicle safety features and minimizing accidents occurring particularly due to low light conditions.

The visibility in vehicles having low beam headlights can be extended considerably with the help of night vision systems. The technological advancements in the automotive night vision system market have made the systems highly capable. They can detect objects including children, cyclists, trucks, cars, and traffic signs. Moreover, these systems can also provide information on smoke, fog, and glare of oncoming vehicle headlights.

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The automotive night vision system market mainly consists of near infrared and far infrared technologies for object detection. The near-infrared technology actively illuminates the object through the near-infrared spectrum and captures the radiations reflected from the object. These types of night vision systems provide an advantage to show the objects like their natural images with minimal interpretation required; hence, the information resembles with what is seen through the un-aided eye. The key difference can be a change in the brightness of the object. Near-infrared technologies can be adopted significantly in the automotive night vision system market with mature technology and reasonable costs.

The far infrared technology-based night vision systems detect thermal emissions from road surfaces and objects. An important drawback of these systems is that the images and information provided differs considerably from their original form, making it hard to interpret. The limitations of transmission through glass restrict the camera from being installed behind the windshield creating complexity in the system. However, these systems are not affected due to glares or light sources. The higher costs of these systems will affect their adoption in the automotive night vision system market.

Night vision camera, controllers, and sensors are major components in night vision systems. Thermal night vision cameras are largely used in the automotive night vision system market. BMW has implemented such cameras in its car models consisting of thermal imaging sensor and heated optical element. The sensors are made up of several sensor elements, which generate an electrical signal through heat radiations. Companies, such as Flir, are introducing night vision cameras capable of showing the information up to four times farther than the headlight range.

Browse key industry insights spread across 205 pages with 279 market data tables & 17 figures & charts from the report, “Automotive Night Vision System Market Size By Product (Active Systems, Passive Systems), By Display (Head-Up Display, Instrument Cluster, Navigation Display), By Component (Night Vision Camera, Sensors, Controlling Unit) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Poland, China, India, Japan, South Korea, Taiwan, Thailand, Brazil, Mexico, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/automotive-night-vision-system-market

The North American and European countries are adopting new technologies in automotive such as connected cars, IoT, and autonomous vehicles. The computer vision or machine vision technologies have boosted developments in object detection. Moreover, developed countries have a higher demand for luxury cars. Audi recorded 7.8% growth in sales of cars in the U.S. in 2017. The autonomous vehicle trends will also be an important area of application in the automotive night vision system market. These vehicles will require sophisticated night vision systems to ensure a safe road drive.

ZF Friedrichshafen, Robert Bosch GmbH, and Autoliv are among the top players in the automotive night vision system market. The night vision systems are majorly adopted in premium luxury vehicles by companies such as Mercedes-Benz, BMW, Toyota Lexus, and others. The manufacturers are focusing on increasing the market share with the introduction of highly capable night vision systems. Flir Systems provides thermal night vision systems, which can detect the hazards and objects in complete darkness without needing any light. The new technologies in the market developed by Autoliv and Denso Corporation have features including collision mitigation by emergency braking, which further improves safety. 

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


            

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