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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.
Download Report Sample to Unlock the Automotive Night Vision System Market Size for the Forecast Period and Other Important Statistics
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 the 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
Key Automotive Night Vision System Market Trend
Key Automotive Night Vision System Market Challenge
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.
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.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
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.
To make the most of the opportunities and recover from the 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.
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.
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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.
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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 in 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 the post-COVID-19 impact on each segment.
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Automotive Night Vision System Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.19% |
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Market growth 2022-2026 |
1839.23 thousand units |
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Market structure |
Fragmented |
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YoY growth (%) |
8.77 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 37% |
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Key consumer countries |
US, China, Japan, South Korea, Germany, and Italy |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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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 |
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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. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Technology
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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