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Automotive Night Vision Sensors Market

Automotive Night Vision Sensors Market

Automotive Night Vision Sensors Market Global Industry Assessment & Forecast

# Pages:

170

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0552

Segments Covered
  • By Technology Type Far Infrared (FIR), Near Infrared (NIR)
  • By Display Type HUD, Navigation System, Instrument Cluster
  • By Component Type Night Vision Camera, Controlling Unit, Display Unit, Sensor, Others
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 3.8 Billion
Revenue 2028Revenue 2028: 6.9 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 10.90%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Automotive Night Vision Sensors market was valued at USD 3.8 Billion in 2020 and is projected to reach USD 6.9 Billion by 2028, growing at a CAGR of 10.90%% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 6.9 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 10.90%%

Definition And Overview

Night vision is primarily a feature in some vehicles that uses thermographic sensors to detect IR waves and determines the distance of objects ahead and also ensures safety of drivers and others. The infrared and thermal sensors are usually mounted in the vehicle’s grille and display images in the screen in the center dashboard.


The global Automotive Night Vision Sensors market is segmented based on by Technology Type, Display Type, Regions, and Countries. This report provides an analysis of the global Automotive Night Vision Sensors market for the historic period of 2016–2019 and forecasts for 2021–2028 while 2020 is considered as a base year for estimations. The report covers exhaustive analysis on the global Automotive Night Vision Sensors industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. The report provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028. 

Yearly Infographics 3.8 Billion 6.9 Billion

COVID-19 Impact Analysis

COVID-19 pandemic led to government of numerous countries across the globe to impose stringent lockdown measures during the primary stages. This led to numerous challenges owing to the supply chain. However, the market witnessed steady growth over the later stages as the governments lifted restrictions on construction activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long-term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

The growing sale of luxury cars is anticipated to augment the growth of the automotive night vision sensors market during the forecast period. This is attributable to the rapid urbanization, rising disposable income of the consumers, and improvement in dynamics. Furthermore, increase in global sales of automobiles has also caused a major inclination towards the adoption of personal vehicles which is in turn expected to support the growth of the automotive night vision sensors market.

The increasing awareness associated with road safety is anticipated to augment the global automotive night vision sensors market in the years to come. The governments as well as automotive manufacturers are being highly focused on several on-road safety measures. The companies are also focussing towards adding numerous features for safety with strong research & development activities. The development of advanced driver assistance systems (ADAS) is also supporting the growth of the global automotive night vision sensors market.

The major factor that is anticipated to hamper the growth of the global automotive night vision sensors market is the high cost of advanced technology used in nigh vision systems such as sensors and the display units are expensive. However, the present inclination towards using new technology for better results will surge the demand for global automotive night vision sensors market during the forecast period.

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Technology Type, Display Type, Component Type
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Raytheon Company, Hella KGaA Hueck & Co., BrightWay Vision, Daimler AG, DENSO Corporation, Autoliv Inc., Visteon Corporation, Delphi Automotive PLC, Magna International Inc., Valeo SA, Aisin Seiki Co Ltd, Robert Bosch GmbH, Audi AG, FLIR Systems Inc., L3 Technologies Inc..
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia Pacific, company market share analysis, and COVID-19 impact analysis

Product Analysis Preview

Technology Type Analysis: Preview

On the basis of Technology Type, the market is segmented into Far Infrared (FIR), Near Infrared (NIR). Far Infrared (FIR) held the highest share in the global Automotive Night Vision Sensors market and is projected to witness the same trend during the forecast period. Companies in this sector are opting to advanced technologies in their supply chain to cater the end user requirements effectively.

Display Type Analysis: Preview

Based on Display Type, the market is segmented into HUD, Navigation System, Instrument Cluster. HUD accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Automotive Night Vision Sensors Market: Technology Type Segment Analysis

    • Far Infrared (FIR)
    • Near Infrared (NIR)

Global Automotive Night Vision Sensors Market: Display Type Segment Analysis

    • HUD
    • Navigation System
    • Instrument Cluster

Global Automotive Night Vision Sensors Market: Component Type Segment Analysis

    • Night Vision Camera
    • Controlling Unit
    • Display Unit
    • Sensor
    • Others

Regional Analysis Preview

Based on region, the global Automotive Night Vision Sensors market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region led the market with the largest share in 2020. Some of the key countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. Developing economies in the Asia Pacific region such as China and India are expected to make notable contributions in the growth over the coming years. Thus, it is expected that the Automotive Night Vision Sensors market is anticipated to rise over the forecast timespan.

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Automotive Night Vision Sensors Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Automotive Night Vision Sensors market are Raytheon Company, Hella KGaA Hueck & Co., BrightWay Vision, Daimler AG, DENSO Corporation, Autoliv Inc., Visteon Corporation, Delphi Automotive PLC, Magna International Inc., Valeo SA, Aisin Seiki Co Ltd, Robert Bosch GmbH, Audi AG, FLIR Systems Inc., L3 Technologies Inc... The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

Global Automotive Night Vision Sensors Market: Key Highlights

  • The global Automotive Night Vision Sensors market was valued at USD 3.8 Billion in 2020
  • The global Automotive Night Vision Sensors Market is projected to reach USD 6.9 Billion by 2028
  • Asia Pacific held the highest share of the Automotive Night Vision Sensors market in 2020
  • Some of the major companies operating in the Automotive Night Vision Sensors market are Raytheon Company, Hella KGaA Hueck & Co., BrightWay Vision, Daimler AG, DENSO Corporation, Autoliv Inc., Visteon Corporation, Delphi Automotive PLC, Magna International Inc., Valeo SA, Aisin Seiki Co Ltd, Robert Bosch GmbH, Audi AG, FLIR Systems Inc., L3 Technologies Inc..

FAQ
Frequently Asked Question
  • The global Automotive Night Vision Sensors valued at 3.8 Billion in 2020 and is expected to reach 6.9 Billion in 2028 growing at a CAGR of 10.90%%.

  • The prominent players in the market are Raytheon Company, Hella KGaA Hueck & Co., BrightWay Vision, Daimler AG, DENSO Corporation, Autoliv Inc., Visteon Corporation, Delphi Automotive PLC, Magna International Inc., Valeo SA, Aisin Seiki Co Ltd, Robert Bosch GmbH, Audi AG, FLIR Systems Inc., L3 Technologies Inc...

  • The market is project to grow at a CAGR of 10.90%% between 2021 and 2028.

  • The driving factors of the Automotive Night Vision Sensors include

    • The growing sale of luxury cars is anticipated to augment the growth of the automotive night vision sensors market during the forecast period. This is attributable to the rapid urbanization, rising disposable income of the consumers, and improvement in dynamics. Furthermore, increase in global sales of automobiles has also caused a major inclination towards the adoption of personal vehicles which is in turn expected to support the growth of the automotive night vision sensors market.
    • The increasing awareness associated with road safety is anticipated to augment the global automotive night vision sensors market in the years to come. The governments as well as automotive manufacturers are being highly focused on several on-road safety measures. The companies are also focussing towards adding numerous features for safety with strong research & development activities. The development of advanced driver assistance systems (ADAS) is also supporting the growth of the global automotive night vision sensors market.

  • Asia Pacific was the leading regional segment of the Automotive Night Vision Sensors in 2020.