Global Automotive Night Vision Systems Market To Grow At Highest Pace

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 The global automotive night vision systems market is expected to witness significant growth over the forecast period. Automotive night vision systems help detect pedestrians, animals, and other obstacles on the road ahead at night or in conditions of poor visibility. They use thermal imaging technology to convert the infrared radiation emitted by all objects into a video image and display it on the instrument cluster. This helps enhance safety by alerting drivers of potential collisions before they occur. The rising demand for advanced driver assistance systems and growing consumer awareness about road safety features are key factors driving the adoption of automotive night vision systems.

The Global automotive night vision systems market is estimated to be valued at US$ 3.82 BN in 2024 and is expected to exhibit a CAGR of 11% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the global automotive night vision systems market are Bosch, Delphi, Visteon, Valeo, Guide Infrared, Omron, Melexis, OmniVision Technologies, Kollsman, HELLA GmbH & Co. KGaA, Autoliv Inc., DENSO CORPORATION., Teledyne FLIR LLC, Continental AG, Magna International Inc, ZF Friedrichshafen AG, Panasonic Corporation. Bosch and Delphi capture major market share owing to their robust product portfolio and widespread geographical presence.

The rising Global Automotive Night Vision Systems Market Size for luxury and high-end vehicles equipped with advanced driver assistance systems is a key factor pushing the adoption of automotive night vision systems. Government regulations mandating safety features are also encouraging OEMs to integrate night vision systems across models.

Technological advancements are helping improve the capabilities of automotive night vision systems. Ongoing research into sensor miniaturization, image processing algorithms, and display technologies is leading to the development of more affordable and higher resolution night vision solutions.

Market Trends

Combination of night vision and driver monitoring systems - Leading automotive suppliers are integrating night vision cameras with interior cabin cameras to develop driver monitoring solutions. These can detect driver drowsiness or distraction and automatically switch on the night vision display.

Advanced imaging solutions - New infrared sensor technologies, use of AI/deep learning models, and adoption of 4K/8K displays are resulting in night visions systems with wider field of view, higher resolution, and enhanced detection capabilities even in total darkness.

Multi-camera solutions - OEMs are introducing night vision solutions using multiple infrared cameras positioned at the front, sides and rear of vehicles. This provides a 360-degree field of vision in low light conditions.

Market Opportunities

Trucks and commercial vehicles - Night vision is increasingly being adopted in trucks, buses and commercial fleet vehicles to enhance safety of drivers and pedestrians especially during night deliveries.

Aftermarket sales - Growing used car market and demand for advanced safety upgrades present an opportunity for aftermarket sales of affordable night vision retrofit/upgrade kits for older vehicles lacking the feature.

Impact of COVID-19 on Global Automotive Night Vision Systems Market

The outbreak of COVID-19 pandemic has significantly impacted the growth of global automotive night vision systems market. The nationwide lockdowns and movement restrictions imposed by various governments globally led to closure of manufacturing facilities and supply chain disruptions. This resulted in massive decline in automotive production volumes across major countries in 2020. With decline in new vehicle sales, the demand for night vision systems also witnessed a downfall during the initial phase of the pandemic. However, with gradual lifting of lockdowns from mid-2020, the automotive production and sales started recovering. The demands were focused more towards personal vehicle ownership owing to concerns regarding shared mobility.

The night vision system manufacturers had to face production delays and supply chain challenges initially during the pandemic. They also had to optimize their production capacities as per demand fluctuations. Over the period, the manufacturers focused on leveraging advanced technologies like AI and machine learning to enhance the features of night vision systems. They also strengthened their distribution channels and aftermarket service capabilities. The shift towards personal vehicles is likely to continue post-pandemic as well, thereby supporting the demand recovery of automotive night vision systems market in long run. The manufacturers need to closely monitor the market trends and strategize accordingly.

Europe accounts for largest share of global automotive night vision systems market in terms of value. Countries like Germany, UK, France have strong presence of leading automakers as well as night vision system manufacturers. The stringent safety norms and growing demand for premium and luxury vehicles drive the market growth in the region. Asia Pacific region is fastest growing market for automotive night vision systems globally. Emerging countries like China and India are witnessing rising disposable incomes and increasing vehicle parc which supports the market expansion. The manufacturers need to focus on tapping opportunities in Asia Pacific through strategic collaborations with local OEMs.

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