Automotive Night Vision System Market to Grow at Robust Rate During 2022-2028

Global automotive night vision system industry is growing at a healthy pace, thanks to the adoption of safety systems such as Automotive Radar and Advanced Driver Assistance Systems (ADAS). These technologies are gaining widespread adoption worldwide as they play a preventive role in mitigating potential accidents.

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Poor visibility during night driving is a major cause of accidents. A study in the U.S. found that an alarming 75% of pedestrian fatalities have occurred in the dark. To reduce these risks, auto manufacturers began experimenting with automotive night vision systems since the 2000s. Since then, the technology has grown multifold, strengthening the industry outlook.

With the growing importance of ADAS functions & self-driving cars, the global automotive night vision system market size is projected to exceed an annual valuation of $6 billion by 2028. Discussed below are the four trends likely to take the industry to newer heights over 2022-2028:

Innovative automotive night vision systems in cars

Leading automotive night vision companies, including Delphi Automotive, Omron Corporation, OmniVision Technologies Inc., and ZF Friedrichshafen have been active in the market with fresh product offerings to stay relevant in an increasingly competitive market.

Launched in January 2022, the new Opel Grandland is loaded with cutting-edge innovations that make driving more comfortable and safer for passengers. The new SUV flagship is the first Opel car to include the night vision technology, which is also available as a powerful and economical plug-in hybrid. The system can detect up to 100 meters of infrared vision.

Serving crucial needs in the defense sector

Growing need for national and international security and surveillance during both day and night, limited visibility conditions, and adverse weather has led to an increased demand for night vision systems in the aerospace and defense industry. The number of military equipment and vehicles equipped with vision systems has grown dramatically in recent years.

To serve growing demands, in February 2022, Senop Oy collaborated with Patria to deliver night-vision systems. The systems will be integrated with the company’s armored personnel carriers (APCs) and 6×6 common armored vehicle system (CAVS).

Senop’s night-vision systems will help in enhancing situational awareness in the battlefield. The deal will also enable the supply of night-vision systems to other potential countries participating in the company’s 6×6 vehicle program.

Introduction of night vison cameras

The National Safety Council website states that the most dangerous time to drive is at night. Thanks to infrared (IR) car cameras, it is possible to drive at night with the benefit of peace of mind. In 2021, FLIR Boson-based thermal camera, made its debut in the new Cadillac Escalade in Veoneer’s fourth generation Night Vision System.

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The new thermal-vision system has a broader field of view and four times the resolution of the previous generation, increasing road coverage and enhancing situational awareness. The thermal camera hardware is also 50% lighter and 50% smaller than the previous iteration.

According to the EU, about 22,756 people lost their lives to road accidents in 2019. To combat this situation, the government revised the European New Automobile Assessment Program, a car safety performance evaluation program that was established in 1996. The Euro NCAP offers development and direction to the automobile industry as well as other stakeholders in the ecosystem. The program’s 2025 roadmap depicts the many safety features that will be implemented in the future years to make driving safer. Similar initiatives worldwide will augment automotive night vision system industry forecast.

Partial Chapter of the Table of Content

Chapter 4   Competitive Landscape

4.1    Introduction

4.2    Company market share, 2021

4.3    Major market players, 2021

4.3.1    Veoneer Inc.

4.3.2    Visteon Corporation

4.3.3    DENSO Corporation

4.3.4    Robert Bosch GmbH

4.3.5    ZF Friedrichshafen AG

4.4    Prominent players, 2021

4.4.1    Continental

4.4.2    FLIR Systems Inc.

4.4.3    Magna International Inc.

4.4.4    OMNIVISION

4.4.5    Valeo SA.

4.5    Vendor adoption matrix

Chapter 5   Automotive Night Vision System Market, By Product

5.1    Key trends, by product

5.2    Active systems

5.2.1    Market estimates and forecast, 2018 – 2028

5.3    Passive systems

5.3.1    Market estimates and forecast, 2018 – 2028

Chapter 6   Automotive Night Vision System Market, By Display

6.1    Key trends, by display

6.2    Head up display

6.2.1    Market estimates and forecast, 2018 – 2028

6.3    Instrument cluster

6.3.1    Market estimates and forecast, 2018 – 2028

6.4    Navigation display

6.4.1    Market estimates and forecast, 2018 – 2028

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automotive-night-vision-system-market

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