Global Automotive Night Vision System - Market Size & Forecast To 2032

GLOBAL AUTOMOTIVE NIGHT VISION SYSTEM - MARKET SIZE & FORECAST TO 2032

The global automotive night vision system market is estimated to be worth of USD 4.74 Billion in 2023 and is growing at a CAGR of 11.07% during the forecast period from 2023 to 2032. Automotive Night Vision Systems (ANVS) are advanced safety features that help drivers to see better in low-light conditions, such as at night or in foggy weather. ANVS typically use infrared cameras or thermal imaging technology to detect objects in the environment and provide real-time images or alerts to the driver. ANVS can detect pedestrians, animals, and other objects at longer distances than the human eye can, giving drivers more time to react to potential hazards on the road. ANVS may also be integrated with other advanced safety features, such as automatic emergency braking systems, to further enhance their effectiveness. ANVS are becoming increasingly common in high-end luxury vehicles and are also being mandated by some governments as a way to improve road safety. The market is driven by the increasing demand for luxury vehicles equipped with advanced driver assistance systems (ADAS) and the rising concern for road safety.

The automotive night vision system uses thermal imaging technology to detect objects and people in the vehicle's path at night or in low light conditions. The system can detect and display objects beyond the range of the headlights, which can help drivers to avoid accidents and improve driving safety. The report also highlights the increasing demand for electric and hybrid vehicles, which are equipped with advanced driver assistance systems, including night vision systems. The growing demand for advanced safety features and increasing government regulations for vehicle safety are also driving the market growth. Regionally, the Asia-Pacific region is expected to witness significant growth during the forecast period due to the increasing demand for luxury vehicles and rising disposable incomes in countries such as China and India. North America and Europe are also expected to contribute significantly to the market growth due to the presence of leading automotive manufacturers and advanced technology.

Overall, the automotive night vision system market is expected to witness significant growth during the forecast period, driven by the increasing demand for advanced safety features in vehicles and the growing adoption of ADAS in luxury and electric vehicles.

Automotive Night Vision System market is segmented into product, technology type, display, and component.

Based on product, the market is segmented into active systems, and passive systems.

Both active and passive systems have their own advantages and disadvantages, and the demand for each system depends on various factors such as the cost, performance, and application.

Active systems, such as infrared cameras and laser scanners, provide better visibility and detection capabilities in complete darkness or low light conditions. These systems emit their own light source and can detect objects up to several hundred meters away, making them suitable for use in high-speed applications. On the other hand, passive systems, such as image intensifiers and thermal imaging cameras, are more cost-effective and can work in a wider range of lighting conditions, including moonlight and starlight. Passive systems do not emit any light, making them less conspicuous and less likely to disturb wildlife or other drivers on the road.Overall, the demand for automotive night vision systems is increasing, driven by the growing concern for road safety and the adoption of advanced driver assistance systems. The choice between active and passive systems will depend on the specific application and the trade-off between cost, performance, and other factors.Based on technology type, the market is segmented into far infrared (FIR), and near infrared (NIR).

The ANVS market is divided into two technology types: far infrared (FIR) and near infrared (NIR) (NIR). Far Infrared (FIR) is expected to held a notable share in the market. Night vision sensor systems are becoming more widespread in automobiles. Infrared images from cameras are supposed to improve the driver's perception in low-light settings. In the literature, many approaches for detecting automobiles in FIR pictures utilizing infrared sensors are proposed. The primary disadvantage of this method is that it cannot display graphics at the appropriate moment to prevent distracting the driver from road traffic.

Based on display, the market is segmented into head-up display, instrument cluster, and navigation display.

The night vision information is projected directly on the windscreen by these HU displays, guaranteeing little distraction. HUD is a safer alternative to seeing information on the remote display. HUDs entered the ANVS market in response to the requirement to decrease the distractions caused by navigation displays in order to exhibit information. The usage of HUDs in premium vehicles will drive the market acceptance of HUDs. As a result, the HUD category is expected to increase rapidly throughout the projection period. The instrument cluster of a vehicle holds the different displays and indications that allow the driver to control the vehicle. The instrument cluster category presently has the biggest market share, however owing to the benefits listed above, the HUD segment will surpass the instrument cluster and exhibit

Based on component, the market is segmented into night vision camera, sensors, and controlling unit.

Sensor technology advancements will play a significant role in affecting the ANVS market. In low-light settings, the sensors aid in the detection of items such as bicycles, pedestrians, driving lanes, and road signs. The sensors' capacity to identify new sorts of indicators, increased sensitivity, and emergency braking will move the industry forward. As a result, while the display unit segment presently has the greatest market share, the sensor sector is expected to have the largest market share and the highest CAGR throughout the projected period.Based on region, the Automotive Night Vision System market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America is expected to held a notable share in the market due to the increased usage of Advanced Driver Assistance Systems (ADAS) for vehicles and the growing concern about road safety. Because of its widespread use in the ADAS system, the North American market for ANVS is well-developed. Because of the existence of technology behemoths, the United States leads this regional market.

 

The Asia-Pacific region is predicted to have the highest CAGR and dominate the industry in the automotive night safety vision market throughout the forecast period. The industry has been steadily growing, fueled by rising middle-class buying power and falling manufacturing costs as a result of commoditization. China is a significant producer and one of the world's largest car marketplaces. In January 2019, Mercedes delivered over 70,000 automobiles in China. As a result, the existence of various manufacturing facilities, notably in China, and the surge in demand for luxury vehicles are important factors contributing to industry growth.

In the future years, Europe is predicted to be the fastest-growing area. The existence of premium vehicle brands and rising technological adoption in Europe's automobile sector will provide enormous development potential. The need for advanced safety systems, or ADAS, has been steadily expanding in Germany. Because of the increasing frequency of car accidents, the necessity of night vision systems and autonomous emergency braking systems has expanded dramatically. Luxury car demand and manufacturing are likely to drive growth in the area.