Automotive Night Vision Sensors Market
Automotive Night Vision Sensors Market Global Industry Assessment & Forecast
#
Pages:
170
2021
Nov - 2021
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
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
3.8 Billion |
 Revenue 2028:
|
6.9 Billion |
 Revenue CAGR
(2021 - 2028): |
10.90% |
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
Research Methodology: Automotive Night Vision Sensors Market - Global Market Assessment, 2021 - 2028
The global Automotive Night Vision Sensorsmarket research study is based on a comprehensive research methodology that is used to arrive at the market estimations and forecasts. This methodology aid analysts and to learn and understanding market facts and insights from the innermost levels of the market. The whole research process involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Out of the total primary respondents, 24% were from North America, 29% were from Europe, 31% were from the Asia Pacific, and the rest of the respondents were from Latin America and MEA.
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Automotive Night Vision Sensors supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Automotive Night Vision Sensors market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Automotive Night Vision Sensors supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Automotive Night Vision Sensors market.
FAQ
Frequently Asked Question
What is the global demand for Automotive Night Vision Sensors in terms of revenue?
-
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%%.
Which are the prominent players in the market?
-
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...
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 10.90%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
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.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automotive Night Vision Sensors in 2020.
