Global Automotive Night Vision Sensors Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Active systems and Passive systems.

By Vehicle Type;

Passenger cars, Compact, Mid-Size, Luxury, Premium, SUV, Light Commercial Vehicles(LCV) and Heavy Commercial Vehicles(HCV).

By Sales Channel;

Original Equipment Manufacturer (OEM) and Aftermarket.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn041569203 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Automotive Night Vision Sensors Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Night Vision Sensors Market was valued at USD 3,016.05 million. The size of this market is expected to increase to USD 7,974.05 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 14.9%.

The global automotive industry has been evolving rapidly, integrating cutting-edge technologies to enhance safety features and driving experiences. Among these innovations, night vision sensors have emerged as a crucial component in augmenting driving safety, especially in low-light conditions. These sensors employ infrared technology to detect objects, pedestrians, and animals on the road, providing drivers with improved visibility and early warnings to potential hazards.

In recent years, the automotive night vision sensors market has witnessed significant growth, fueled by increasing concerns about road safety and a growing demand for advanced driver assistance systems (ADAS). Governments and regulatory bodies worldwide have been actively promoting the adoption of safety technologies, thereby encouraging automotive manufacturers to integrate night vision sensors into their vehicles. Additionally, rising consumer awareness regarding the benefits of these systems has further propelled market expansion.

One of the key drivers stimulating market growth is the continuous advancements in sensor technology, leading to more sophisticated and cost-effective solutions. Automotive manufacturers are investing heavily in research and development to enhance the performance and affordability of night vision sensors, making them accessible across a broader range of vehicle segments. Moreover, the integration of artificial intelligence (AI) and machine learning algorithms into these systems is enabling real-time object recognition and more accurate threat assessment, thereby bolstering their effectiveness in preventing accidents.

The increasing penetration of electric and autonomous vehicles is expected to create lucrative opportunities for the automotive night vision sensors market. As the automotive industry transitions towards electric mobility and autonomous driving, there is a growing emphasis on developing comprehensive safety suites that encompass advanced sensor technologies. Night vision sensors play a vital role in enhancing the perception capabilities of autonomous vehicles, enabling them to navigate safely in diverse lighting conditions. With ongoing technological advancements and the growing emphasis on road safety, the global automotive night vision sensors market is poised for continued expansion in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Automotive Night Vision Sensors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Safety
        2. Advanced technology
        3. Regulatory requirements
        4. Demand for autonomous vehicles
        5. Increasing awareness
      2. Restraints
        1. High cost
        2. Limited consumer awareness
        3. Integration challenges
        4. Technical limitations
        5. Privacy concerns
      3. Opportunities
        1. Growing market penetration
        2. Innovation in sensor technology
        3. Emerging economies
        4. Collaborations and partnerships
        5. Enhanced product features
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Night Vision Sensors Market, By Type, 2020 - 2030 (USD Million)
      1. Active systems
      2. Passive systems
    2. Global Automotive Night Vision Sensors Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Passenger cars
      2. Compact
      3. Mid-Size
      4. Luxury
      5. Premium
      6. SUV
      7. Light Commercial Vehicles(LCV)
      8. Heavy Commercial Vehicles(HCV)
    3. Global Automotive Night Vision Sensors Market, By Sales Channel, 2020- 2030 (USD Million)
      1. Original Equipment Manufacturer (OEM)
      2. Aftermarket
    4. Global Automotive Night Vision Sensors Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. FLIR Systems, Inc
      2. Autoliv Inc
      3. Veoneer, Inc
      4. Continental AG
      5. Bosch GmbH
      6. Delphi Technologies
      7. Hella GmbH & Co. KGaA
      8. DENSO Corporation
      9. Magna International Inc
      10. Robert Bosch GmbH
  7. Analyst Views
  8. Future Outlook of the Market