Europe Automotive Night Vision System Market Size, Share & Trends Analysis Report By Technology (Far Infrared (FIR) and Near-Infrared (NIR)), By Component, By Country and Growth Forecast, 2024 - 2031
Europe Automotive Night Vision System Market Size, Share & Trends Analysis Report By Technology (Far Infrared (FIR) and Near-Infrared (NIR)), By Component, By Country and Growth Forecast, 2024 - 2031
The Europe Automotive Night Vision System Market would witness market growth of 10.2% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Automotive Night Vision System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $536.6 Million by 2031. The UK market is exhibiting a CAGR of 9.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.1% during (2024 - 2031).
Technological advancements have been at the heart of the automotive industry's development and proliferation of night vision systems. Early iterations of these systems relied on near-infrared (NIR) technology, which uses an IR light source to illuminate the road ahead, with a camera capturing the reflected light to create an image.
Moreover, NIR systems have limited range and the need for an active IR light source. This has led to the adoption of far-infrared (FIR) technology, which detects the heat emitted by objects rather than relying on reflected light.
Europe is a mature automotive industry with a growing interest in this (ANVS). Germany is home to the leading automotive manufacturers, such as BMW, Mercedes-Benz, and Audi. It is known for its integration of advanced safety technologies into its vehicles. According to the German Association of the Automotive Industry (VDA), Germany remains a leading European automotive producer, producing approximately 3.1 million passenger vehicles in 2023. The German Federal Motor Transport Authority (KBA) has proactively promoted vehicle safety standards, including adopting advanced driver assistance systems (ADAS) such as night vision systems.
Based on Technology, the market is segmented into Far Infrared (FIR) and Near-Infrared (NIR). Based on Component, the market is segmented into Thermal Imaging Camera, Night Vision Control Unit, and Sensor System. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.