The Latin America, Middle East and Africa Automotive Night Vision System Market is projected to witness market growth of 12.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Automotive Night Vision System Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $177.6 Million by 2031. The Argentina market is showcasing a CAGR of 13.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 12.3% during (2024 - 2031).
Advanced image processing algorithms and AI technologies are integral to integrating night vision systems with ADAS. These algorithms analyse the thermal and infrared data captured by night vision cameras, identifying and classifying objects, predicting their movements, and providing actionable information to the ADAS.
Additionally, integrating night vision systems with ADAS is also a significant selling point for consumers, particularly in the luxury and high-end vehicle segments. Consumers increasingly seek advanced safety features that offer peace of mind and enhance their driving experience.
The increasing demand for this in various nations in LAMEA is driven by government initiatives, regulatory support, and growing consumer awareness about road safety. Brazil, South Africa, the UAE, and Saudi Arabia are leading the way in adopting these advanced safety systems, supported by their respective efforts to enhance vehicle safety standards and reduce road accidents.
The Brazil market dominated the LAMEA Automotive Night Vision System Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $177.6 Million by 2031. The Argentina market is showcasing a CAGR of 13.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 12.3% during (2024 - 2031).
Advanced image processing algorithms and AI technologies are integral to integrating night vision systems with ADAS. These algorithms analyse the thermal and infrared data captured by night vision cameras, identifying and classifying objects, predicting their movements, and providing actionable information to the ADAS.
Additionally, integrating night vision systems with ADAS is also a significant selling point for consumers, particularly in the luxury and high-end vehicle segments. Consumers increasingly seek advanced safety features that offer peace of mind and enhance their driving experience.
The increasing demand for this in various nations in LAMEA is driven by government initiatives, regulatory support, and growing consumer awareness about road safety. Brazil, South Africa, the UAE, and Saudi Arabia are leading the way in adopting these advanced safety systems, supported by their respective efforts to enhance vehicle safety standards and reduce road accidents.
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
Market Report Segmentation
By Technology- Far Infrared (FIR)
- Near-Infrared (NIR)
- Thermal Imaging Camera
- Night Vision Control Unit
- Sensor System
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Automotive Night Vision System Market by Technology
Chapter 5. LAMEA Automotive Night Vision System Market by Component
Chapter 6. LAMEA Automotive Night Vision System Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- 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
Methodology
LOADING...
