North America 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 North America Automotive Night Vision System Market would witness market growth of 10.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America 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 $1,512.7 Million by 2031 The Canada market is experiencing a CAGR of 13.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.1% during (2024 - 2031).
The integration of night vision systems into vehicles has been driven by the broader trend towards advanced driver assistance systems (ADAS). ADAS is a collection of technologies that are intended to improve the safety of vehicles and the convenience of the driver.
Additionally, night vision systems complement these technologies by providing critical visual information that helps drivers make informed decisions in low-light conditions. This integration is particularly valuable for autonomous and semi-autonomous vehicles, where comprehensive sensor data is essential for safe and reliable operation.
North America is a leading (ANVS) market region. The U.S. has a high rate of nighttime traffic fatalities. According to the National Highway Traffic Safety Administration (NHTSA), nearly half of all fatal crashes in 2022 occurred at night (43% for restrained and 57% for unrestrained), despite fewer vehicles being on the road during those hours. ANVS offers a potential solution by improving driver visibility and reaction time in low-light conditions. Additionally, the U.S. government offers various incentives to encourage the adoption of ADAS technologies, including potential tax credits for car purchases with advanced safety features.
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 U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Autoliv, Inc.
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- Omron Corporation
- Robert Bosch GmbH
- Magna International, Inc.
- Continental AG
- Aptiv PLC
- Texas Instruments, Inc.
- Bendix Commercial Vehicles Systems (Knorr-Bremse Group)
- Denso Corporation
By Technology
- Far Infrared (FIR)
- Near-Infrared (NIR)
- Thermal Imaging Camera
- Night Vision Control Unit
- Sensor System
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Automotive Night Vision System Market, by Technology
- 1.4.2 North America Automotive Night Vision System Market, by Component
- 1.4.3 North America Automotive Night Vision System Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. North America Automotive Night Vision System Market by Technology
- 4.1 North America Far Infrared (FIR) Market by Region
- 4.2 North America Near-Infrared (NIR) Market by Region
- Chapter 5. North America Automotive Night Vision System Market by Component
- 5.1 North America Thermal Imaging Camera Market by Country
- 5.2 North America Night Vision Control Unit Market by Country
- 5.3 North America Sensor System Market by Country
- Chapter 6. North America Automotive Night Vision System Market by Country
- 6.1 US Automotive Night Vision System Market
- 6.1.1 US Automotive Night Vision System Market by Technology
- 6.1.2 US Automotive Night Vision System Market by Component
- 6.2 Canada Automotive Night Vision System Market
- 6.2.1 Canada Automotive Night Vision System Market by Technology
- 6.2.2 Canada Automotive Night Vision System Market by Component
- 6.3 Mexico Automotive Night Vision System Market
- 6.3.1 Mexico Automotive Night Vision System Market by Technology
- 6.3.2 Mexico Automotive Night Vision System Market by Component
- 6.4 Rest of North America Automotive Night Vision System Market
- 6.4.1 Rest of North America Automotive Night Vision System Market by Technology
- 6.4.2 Rest of North America Automotive Night Vision System Market by Component
- Chapter 7. Company Profiles
- 7.1 Autoliv, Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.6 SWOT Analysis
- 7.2 Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 SWOT Analysis
- 7.3 Omron Corporation
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Robert Bosch GmbH
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Product Launches and Product Expansions:
- 7.4.6 SWOT Analysis
- 7.5 Magna International, Inc.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
- 7.6 Continental AG
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 Recent strategies and developments:
- 7.6.5.1 Partnerships, Collaborations, and Agreements:
- 7.6.6 SWOT Analysis
- 7.7 Aptiv PLC
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
- 7.8 Texas Instruments, Inc.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 SWOT Analysis
- 7.9 Bendix Commercial Vehicles Systems LLC (Knorr-Bremse Group)
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.10. Denso Corporation
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Regional Analysis
- 7.10.4 SWOT Analysis
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