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Automotive Night Vision System Market by Technology and Geography - Forecast and Geography 2022-2026

  • Published: Sep 2022
  • Pages: 146
  • SKU: IRTNTR74230
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The automotive night vision system (ANVS) market share is expected to increase by 1839.23 thousand units from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.19%.

This automotive night vision system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automotive night vision system market segmentation by technology (passive night vision systems and active night vision systems) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The automotive night vision system (ANVS) market report also offers information on several market vendors, including Aptiv Plc, Autoliv Inc., Continental AG, Denso Corp., Hanwha Corp., HELLA GmbH and Co. KG, IRay Technology Co. Ltd., Lanmodo, Magna International Inc., Mercedes Benz Group AG, OMRON Corp., Raytheon Technologies Corp., Robert Bosch GmbH, Stellantis NV, Teledyne Technologies Inc., Valeo SA, Veoneer Inc., Visteon Corp., Volkswagen AG, and ZF Friedrichshafen AG among others.

What will the Automotive Night Vision System Market Size be During the Forecast Period?

Automotive Night Vision System Market Size

Download Report Sample to Unlock the Automotive Night Vision System Market Size for the Forecast Period and Other Important Statistics

 

Automotive Night Vision System Market: Key Drivers, Trends, and Challenges

The technological developments to drive the value of machine vision in ADAS is notably driving the automotive night vision system market growth, although factors such as high production costs of automotive night vision systems may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on an automotive night vision system industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Night Vision System Market Driver

  • The technological developments to drive the value of machine vision in ADAS is one of the factors driving the ANVS market growth. 
  • Vehicle manufacturers are progressively developing autonomous vehicles, which eliminate partly or fully any driver assistance in driving. These vehicles require a complex integration of technology and connectivity wherein machine vision plays a major role in determining the effectiveness of the autonomous driving system. 
  • Automotive night vision systems play an integral role in determining the effectiveness of machine vision in ADAS, especially during nighttime.
  • Vehicle makers are partnering with technology companies to develop active driver assistance systems, including active automotive night vision systems, for developing accurate machine vision for autonomous cars. 
  • Various startups are developing automotive machine vision by complementing the current sensors and by replacing thermographic illumination with far infrared technology. This, in turn, will drive market growth during the forecast period.

Key Automotive Night Vision System Market Trend

  • The development of 3D-assisted automotive night vision systems is one of the key ANVS market trends fueling the market growth.
  • Vehicle manufacturers have been developing active night vision systems that have increased effectiveness and accuracy in gauging the distance between vehicles, vehicle locations, distance from obstacles, and road conditions. 
  • Light detection and ranging (LIDAR) based vision systems are being developed for autonomous vehicles.
  • Automotive night vision systems are expected to be designed according to LIDAR-based vision systems. LIDAR technology essentially creates a 3D image of the surrounding by using laser pulses. Thus, autonomous vehicles will require extensive usage of 3D vision technologies to effectively take control of vehicles. 

Key Automotive Night Vision System Market Challenge

  • High production costs of automotive night vision systems is one of the factors limiting the ANVS market growth. 
  • Automotive night vision system proves to be a boon to drivers while driving at night. The night vision allows drivers to see farther than the illumination range of the vehicle headlamps.
  • The majority of the production cost lies in the integration of the relay system of the display with the output from the infrared sensors. 
  • The display of the night vision system is usually located in the information screen or instrument cluster. The thermographic sensors form an image resolution of 320 pixels wide by 240 high.
  • Vehicle makers have been developing a head-up display for integrating the feed from automotive night vision. This further increases the cost as it requires expensive technology that has a higher refresh rate of 60 times per second. Such factors will limit the market growth in the forecasted period.

This automotive night vision system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global automotive night vision system (ANVS) market as a part of the global auto parts and equipment market within the global auto components market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive night vision system market during the forecast period.

Who are the Major Automotive Night Vision System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Aptiv Plc
  • Autoliv Inc.
  • Continental AG
  • Denso Corp.
  • Hanwha Corp.
  • HELLA GmbH and Co. KG
  • IRay Technology Co. Ltd.
  • Lanmodo
  • Magna International Inc.
  • Mercedes Benz Group AG
  • OMRON Corp.
  • Raytheon Technologies Corp.
  • Robert Bosch GmbH
  • Stellantis NV
  • Teledyne Technologies Inc.
  • Valeo SA
  • Veoneer Inc.
  • Visteon Corp.
  • Volkswagen AG
  • ZF Friedrichshafen AG

 

This statistical study of the ANVS market encompasses successful business strategies deployed by the key vendors. The ANVS market is fragmented and the vendors are deploying growth strategies such as price, quality, innovation, reputation, brand identity, and distribution to compete in the market.

Product Insights and News

  • bosch.com - The company offers an automotive night vision system namely DAS 3000.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automotive night vision system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Automotive Night Vision System Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the ANVS market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Automotive Night Vision System Market?

Automotive Night Vision System Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

37% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea are the key markets for the automotive night vision system market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising penetration of intelligent ADASs will facilitate the automotive night vision system market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 adversely affected the growth of the regional market. However, the initiation of vaccination drives in the second half of 2020 led to the lifting of lockdowns and the resumption of operations in the transportation and logistics sector. Thus, the regional market is expected to grow during the forecast period.

What are the Revenue-generating Technology Segments in the Automotive Night Vision System Market?

Automotive Night Vision System Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The automotive night vision system market (ANVS) share growth by the passive night vision systems segment will be significant during the forecast period. Passive night vision systems are more commonly used in vehicles as it is more economical to be installed than active night vision systems. It basically uses a thermographic sensor that captures the infrared spectrum above visual light and inputs it to the vehicle dashboard display. Passive night vision systems are mostly used for informational purposes wherein a few vehicle makers would integrate audio alarms to warn the drivers about any obstacles within a certain distance in front of the vehicle. Such factors of this segment will boost the market growth in the forecasted period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive night vision system market size and actionable market insights on post COVID-19 impact on each segment.

 

Automotive Night Vision System Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.19%

Market growth 2022-2026

1839.23 thousand units

Market structure

Fragmented

YoY growth (%)

8.77

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 37%

Key consumer countries

US, China, Japan, South Korea, Germany, and Italy

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Aptiv Plc, Autoliv Inc., Continental AG, Denso Corp., Hanwha Corp., HELLA GmbH and Co. KG, IRay Technology Co. Ltd., Lanmodo, Magna International Inc., Mercedes Benz Group AG, OMRON Corp., Raytheon Technologies Corp., Robert Bosch GmbH, Stellantis NV, Teledyne Technologies Inc., Valeo SA, Veoneer Inc., Visteon Corp., Volkswagen AG, and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Automotive Night Vision System Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive automotive night vision system market growth during the next five years
  • Precise estimation of the automotive night vision system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive night vision system industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive night vision system market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Technology

    • 5.1 Market segments
      • Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)
    • 5.2 Comparison by Technology
      • Exhibit 26: Chart on Comparison by Technology
      • Exhibit 27: Data Table on Comparison by Technology
    • 5.3 Passive night vision systems - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Passive night vision systems - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 29: Data Table on Passive night vision systems - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 30: Chart on Passive night vision systems - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Passive night vision systems - Year-over-year growth 2021-2026 (%)
    • 5.4 Active night vision systems - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Active night vision systems - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 33: Data Table on Active night vision systems - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 34: Chart on Active night vision systems - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Active night vision systems - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Technology
      • Exhibit 36: Market opportunity by Technology (thousand units)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 South Korea - Market size and forecast 2021-2026
      • Exhibit 78: Chart on South Korea - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 79: Data Table on South Korea - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 80: Chart on South Korea - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
    • 7.13 Italy - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Italy - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 83: Data Table on Italy - Market size and forecast 2021-2026 (thousand units)
      • Exhibit 84: Chart on Italy - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Italy - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography (thousand units)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Autoliv Inc.
              • Exhibit 93: Autoliv Inc. - Overview
              • Exhibit 94: Autoliv Inc. - Business segments
              • Exhibit 95: Autoliv Inc. - Key news
              • Exhibit 96: Autoliv Inc. - Key offerings
              • Exhibit 97: Autoliv Inc. - Segment focus
            • 10.4 Denso Corp.
              • Exhibit 98: Denso Corp. - Overview
              • Exhibit 99: Denso Corp. - Business segments
              • Exhibit 100: Denso Corp. - Key news
              • Exhibit 101: Denso Corp. - Key offerings
              • Exhibit 102: Denso Corp. - Segment focus
            • 10.5 Hanwha Corp.
              • Exhibit 103: Hanwha Corp. - Overview
              • Exhibit 104: Hanwha Corp. - Product / Service
              • Exhibit 105: Hanwha Corp. - Key news
              • Exhibit 106: Hanwha Corp. - Key offerings
            • 10.6 Mercedes Benz Group AG
              • Exhibit 107: Mercedes Benz Group AG - Overview
              • Exhibit 108: Mercedes Benz Group AG - Business segments
              • Exhibit 109: Mercedes Benz Group AG - Key offerings
              • Exhibit 110: Mercedes Benz Group AG - Segment focus
            • 10.7 Robert Bosch GmbH
              • Exhibit 111: Robert Bosch GmbH - Overview
              • Exhibit 112: Robert Bosch GmbH - Business segments
              • Exhibit 113: Robert Bosch GmbH - Key news
              • Exhibit 114: Robert Bosch GmbH - Key offerings
              • Exhibit 115: Robert Bosch GmbH - Segment focus
            • 10.8 Teledyne Technologies Inc.
              • Exhibit 116: Teledyne Technologies Inc. - Overview
              • Exhibit 117: Teledyne Technologies Inc. - Business segments
              • Exhibit 118: Teledyne Technologies Inc. - Key news
              • Exhibit 119: Teledyne Technologies Inc. - Key offerings
              • Exhibit 120: Teledyne Technologies Inc. - Segment focus
            • 10.9 Veoneer Inc.
              • Exhibit 121: Veoneer Inc. - Overview
              • Exhibit 122: Veoneer Inc. - Business segments
              • Exhibit 123: Veoneer Inc. - Key offerings
              • Exhibit 124: Veoneer Inc. - Segment focus
            • 10.10 Visteon Corp.
              • Exhibit 125: Visteon Corp. - Overview
              • Exhibit 126: Visteon Corp. - Product / Service
              • Exhibit 127: Visteon Corp. - Key news
              • Exhibit 128: Visteon Corp. - Key offerings
            • 10.11 Volkswagen AG
              • Exhibit 129: Volkswagen AG - Overview
              • Exhibit 130: Volkswagen AG - Business segments
              • Exhibit 131: Volkswagen AG - Key offerings
              • Exhibit 132: Volkswagen AG - Segment focus
            • 10.12 ZF Friedrichshafen AG
              • Exhibit 133: ZF Friedrichshafen AG - Overview
              • Exhibit 134: ZF Friedrichshafen AG - Business segments
              • Exhibit 135: ZF Friedrichshafen AG - Key news
              • Exhibit 136: ZF Friedrichshafen AG - Key offerings
              • Exhibit 137: ZF Friedrichshafen AG - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 138: Inclusions checklist
                • Exhibit 139: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 140: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 141: Research methodology
                • Exhibit 142: Validation techniques employed for market sizing
                • Exhibit 143: Information sources
              • 11.5 List of abbreviations
                • Exhibit 144: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Automotive Night Vision System market growth will increase by $1839.23 thousand units during 2022-2026.
              The automotive night vision system market is expected to grow at a CAGR of 9.19% during 2022-2026.
              Technavio has segmented the automotive night vision system market by technology (Passive night vision systems and Active night vision systems) and geographic (APAC, Europe, North America, South America, and Middle East and Africa).
              Aptiv Plc, Autoliv Inc., Continental AG, Denso Corp., Hanwha Corp., HELLA GmbH and Co. KG, IRay Technology Co. Ltd., Lanmodo, Magna International Inc., Mercedes Benz Group AG, OMRON Corp., Raytheon Technologies Corp., Robert Bosch GmbH, Stellantis NV, Teledyne Technologies Inc., Valeo SA, Veoneer Inc., Visteon Corp., Volkswagen AG, ZF Friedrichshafen AG are a few of the key vendors in the automotive night vision system market.
              APAC will register the highest growth rate of 36.84% among the other regions. Therefore, the automotive night vision system market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • China
              • Japan
              • South Korea
              • Germany
              • Italy
              The key factors driving the automotive night vision system market growth are:
              • Technological developments to drive value of machine vision in ADAS
              • Development of 3D-assisted automotive night vision systems
              The automotive night vision system market vendors should focus on grabbing business opportunities from the passive night vision systems segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the factors influencing the growth of the parent market?
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