1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Automotive Night Vision System Market to surpass $4.5 Bn by 2025: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Automotive Night Vision System Market USD 4.5 billion by 2025; according to a new research report by Global Market Insights, Inc. The worldwide industry unit shipments are expected to grow at CAGR of over 17% by 2019 to 2025. The automotive night vision system market has witnessed lucrative growth owing to the need for vehicle safety features and minimizing accidents occurring particularly due to low light conditions. Automotive Night Vision System Market  The automotive night vision system market comprises passive and active systems. Active night vision system is growing at a CAGR of over 17% over the forecast period. These systems make use of the integrated infrared light source for visibility in the dark. The major automotive manufacturers offering active night vision systems are Mercedes-Benz, Toyota’s Lexus, and others  The automotive night vision system market has emerged for improving the visibility of drivers in varied conditions such as darkness and poor weather. Safety of pedestrians and animals has become an important concern particularly in the night with nearly 50% of the accidents taking place at night according to the European Commission. Industry Overview

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Night vision camera, controllers, and sensors are major components in night vision systems. Thermal night vision cameras are largely used in the automotive night vision system market. BMW has implemented such cameras in its car models consisting of thermal imaging sensor and heated optical element. The sensors are made up of several sensor elements, which generate an electrical signal through heat radiations. Companies, such as Flir, are introducing night vision cameras capable of showing the information up to four times farther than the headlight range.  The North American and European countries are adopting new technologies in automotive such as connected cars, IoT, and autonomous vehicles. The computer vision or machine vision technologies have boosted developments in object detection. Moreover, developed countries have a higher demand for luxury cars. Audi recorded 7.8% growth in sales of cars in the U.S. in 2017. The autonomous vehicle trends will also be an important area of application in the automotive night vision system market. These vehicles will require sophisticated night vision systems to ensure a safe road drive.  The automotive night vision system market can face some challenges, which can hinder its growth. Costs will be a key concern for implementing these systems in the economy cars or mid-range cars. Currently, luxury cars will contribute to a higher share in the market. Continue…

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5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Germany automotive night vision system market size, by display, 2018 & 2025 (USD Million)

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7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Autoliv Inc., Denso Corporation, Delphi Technologies, and Robert Bosch GmbH are among the major companies in the automotive night vision system market. The companies are inclined toward developing vehicle-specific systems directly by partnering with automotive manufacturers.  The automotive night vision systems industry mainly emerged with the need for improving vehicle safety in low-light situations. These systems found their way in automobiles after General Motors started offering thermal night vision systems implemented in Cadillac series of vehicles in 2000. Other automakers, such as Mercedes-Benz, Toyota Lexus, and BMW, started to adopt night vision systems in their car models.  The market saw a significant boost with the advancements in sensor technologies. Companies have been offering systems with different displays such as center stack and head-up display. Increase in premium car buyers and steps toward increasing road safety. Continue…

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