The global market for Automotive Night Vision Systems (ANVS) is estimated at US$3.1 Billion in 2023 and is projected to reach US$8.8 Billion by 2030, growing at a CAGR of 16.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth of automotive night vision systems is driven by several key factors. Enhanced sensor technology continuously improves infrared and thermal imaging sensors, increasing the effectiveness of night vision systems. Integration with advanced driver assistance systems (ADAS) like automatic emergency braking and lane departure warning enhances overall vehicle safety. The use of artificial intelligence (AI) and machine learning enhances object detection and classification, making night vision systems more reliable and efficient. The incorporation of ANVS in luxury and high-end vehicles sets a precedent for safety and innovation, driving interest and adoption in other vehicle segments. Additionally, ANVS are becoming popular in commercial and fleet vehicles for improving driver safety during nighttime operations, reducing accident rates and associated costs. The adoption of ANVS in military and special-purpose vehicles underscores their importance in mission-critical operations, influencing broader market adoption. Increased consumer demand for safety features, growing awareness of nighttime driving risks, and a preference for technological innovation are further propelling the adoption of ANVS. Stricter government safety regulations, incentives for advanced safety technologies, and support for autonomous vehicle development also promote the inclusion of ANVS in new vehicle models. The decreasing costs of technology, collaborations between automakers and technology companies, continuous R&D investment, and development of multi-functional systems enhance the value proposition of ANVS, ensuring their continuous growth and adoption in the automotive industry.
The growth of automotive night vision systems is driven by several key factors. Enhanced sensor technology continuously improves infrared and thermal imaging sensors, increasing the effectiveness of night vision systems. Integration with advanced driver assistance systems (ADAS) like automatic emergency braking and lane departure warning enhances overall vehicle safety. The use of artificial intelligence (AI) and machine learning enhances object detection and classification, making night vision systems more reliable and efficient. The incorporation of ANVS in luxury and high-end vehicles sets a precedent for safety and innovation, driving interest and adoption in other vehicle segments. Additionally, ANVS are becoming popular in commercial and fleet vehicles for improving driver safety during nighttime operations, reducing accident rates and associated costs. The adoption of ANVS in military and special-purpose vehicles underscores their importance in mission-critical operations, influencing broader market adoption. Increased consumer demand for safety features, growing awareness of nighttime driving risks, and a preference for technological innovation are further propelling the adoption of ANVS. Stricter government safety regulations, incentives for advanced safety technologies, and support for autonomous vehicle development also promote the inclusion of ANVS in new vehicle models. The decreasing costs of technology, collaborations between automakers and technology companies, continuous R&D investment, and development of multi-functional systems enhance the value proposition of ANVS, ensuring their continuous growth and adoption in the automotive industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Passive ANVS segment, which is expected to reach US$3.9 Billion by 2030 with a CAGR of a 10.4%. The Active ANVS segment is also set to grow at 22.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $824.7 Million in 2023, and China, forecasted to grow at an impressive 15.0% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automotive Night Vision Systems (ANVS) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Night Vision Systems (ANVS) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automotive Night Vision Systems (ANVS) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Autoliv Inc., Continental Automotive GmbH, Delphi Automotive PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 32 Featured):
- Autoliv Inc.
- Continental Automotive GmbH
- Delphi Automotive PLC
- Denso Corporation
- FLIR Systems Inc.
- Magna International Inc.
- Melexis NV.
- OmniVision Technologies, Inc.
- Protruly Electronics Co., Limited
- Robert Bosch GmbH
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Autoliv Inc.
- Continental Automotive GmbH
- Delphi Automotive PLC
- Denso Corporation
- FLIR Systems Inc.
- Magna International Inc.
- Melexis NV.
- OmniVision Technologies, Inc.
- Protruly Electronics Co., Limited
- Robert Bosch GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 188 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 3.1 Billion |
| Forecasted Market Value ( USD | $ 8.8 Billion |
| Compound Annual Growth Rate | 16.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
