Automotive Night Vision System Market Size & Share, by Technology (Far Infrared, Near Infrared); Display Type (Navigation System, Instrument Cluster, HUD); Component (Night Vision Camera, Control Unit, Display Unit, Sensor); Vehicle Type (Passenger Cars, Commercial Vehicles); System Type (Passive NVS, Active NVS) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2037

  • Report ID: 5942
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2037

Automotive Night Vision System Market size is expected to reach USD 15.37 billion by the end of 2037, growing at a CAGR of 11.34% during the forecast period i.e., 2024-2037. In the year 2023, the industry size of automotive night vision system was over USD 3.43 billion. Demand for products such as antiglare glasses, advanced headlights, and security features to improve visibility and driver alertness could be stimulated by the increased risk of accidents at night. In addition, market demand can also be supported by the need for legal representation and insurance claims related to accidents at night. In the United States, a total of 35,766 fatal traffic accidents occurred in 2020. Additionally, 1,593,390 crashes took place that injured people and 3,621,681 caused property damage.

The growing global emphasis on road safety, evidenced by increasing government regulations, is a key driver of the market for night vision in cars. A concomitant increase in demand for new automotive technologies is emerging as authorities around the world step up their efforts to reduce traffic accidents and improve driver safety. The market's trajectory is reinforced by the requirement that safety features, including night vision systems, be incorporated into vehicles.


Automotive Night Vision System Market
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Automotive Night Vision System Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Sales of Luxury Cars - The growth of luxury car sales is expected to be the driving force for a worldwide automotive night vision system market that will grow strongly. Luxury car manufacturers are increasingly incorporating cutting edge technologies, such as night vision systems, in order to differentiate their products due to the growing preference of discriminating consumers for advanced safety features. In order to take advantage of this trend and secure a strong position on the growing worldwide automotive night vision market, it is necessary for market operators who wish to capitalise on these trends to prioritise R&D initiatives aimed at meeting evolving expectations from luxury car owners. New vehicle sales in the US registering sale of 1,082,620 units for the month of January represented an increase of 2.2% from one year ago in January 2023. 
  • Integration of ADAS in Vehicles - The global automotive night vision system market is expected to grow during the forecast period due to the integration of advanced driver assistance systems. ADAS synergizes with autonomous night vision technologies, including features such as Adaptive cruise control and lane-keeping assistance. By providing real-time data and predictive insight, this integration improves overall vehicle safety, especially under low-light conditions. The collaboration will ensure a more accurate and effective experience of autonomous driving, fostering consumer confidence and market adoption.

Challenges

  • Limited Detection Range - The development of autonomous driving technologies is likely to be a catalyst for significant growth in the autonomous night vision industry over the forecast period. The need for strong night vision is paramount as vehicles move toward a higher level of autonomy. In order to cope with a wide range of challenging situations, in particular under dim light conditions, automatic vehicles rely on advanced sensors for their ability to detect. Night vision systems, which provide an additional layer of security, play a major role in increasing the range of autonomous vehicles' visibility. In the dark, such systems allow for a more comprehensive detection of obstacles and pedestrians with infrared sensors as well as thermal imaging.
  • The high cost of night vision systems is set to hinder automotive night vision system market growth in the upcoming period
  • Integration complexity is anticipated to hamper the market growth in the projected period

Automotive Night Vision System Market: Key Insights

Base Year

2023

Forecast Year

2024 - 2037

CAGR

11.34%

Base Year Market Size

USD 3.43 billion

Forecast Year Market Size

USD 15.37 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Automotive Night Vision System Segmentation

Vehicle Type (Passenger Cars, Commercial Vehicles)

Based on vehicle type, the passenger car segment is expected to reach USD 12.80 billion by the end of 2037. This system helps improve driver visibility during night driving and enhances safety by detecting objects, pedestrians, or animals on the road in passenger cars. Preventing accidents caused by low visibility conditions is also helpful. This technology is helping to reduce the risks associated with poor visibility when driving commercial vehicles in dark roads. In the future, the growth of this segment will be driven by the expansion of passenger cars with these features. According to industry estimates, in the last calendar year about 4.1 million passenger cars were sold on the local market, an increase of around 8.2% as compared with sales of 3.79 million vehicles in 2022.

Technology (Far Infrared, Near Infrared)

In terms of technology, the far infrared segment is anticipated to surpass USD 9.86 billion by 2037. A more comprehensive layer of perception is provided by the FIR camera. The FIR camera scans the infrared spectrum just beyond visible light to detect objects that may be missed by radar, LiDAR, or cameras. In vehicles, night vision sensors are becoming more common. In the detection of vehicles in infrared images, a variety of methods using infrared sensors are proposed.

Our in-depth analysis of the global market includes the following segments:

          Technology

  • Far Infrared
  • Near Infrared

          Display Type

  • Navigation System
  •  Instrument Cluster
  •  HUD

          Component

  • Night Vision Camera
  •  Control Unit
  • Display Unit
  • Sensor

         Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

          System Type

  • Passive NVS
  • Active NVS

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Automotive Night Vision System Industry- Regional Synopsis

North American Market Forecasts

The automotive night vision system market in the North America region is poised to reach USD 4.64 billion by the end of 2037.One of the main factors contributing to the growth in the market for night vision systems is an increase in consumer awareness about road safety. Initiatives to reduce road accident rates are being taken by governments in different regions. The market is dominated by North America due to the growing concerns about vehicle emissions, security, and safety in this area. Such as around 43,000 fatalities caused by car accidents in the U.S. in 2022.  

European Market Statistics

The automotive night vision system market in the Europe region is set to cross USD 4.24 billion during the anticipated period.Growth can be accounted in view of the growing demand for enhanced safety features in cars. The ongoing investment in R&D by the market's leading players to introduce novel night vision technologies, which is also a major driver of growth. The growth of the market during the forecast period will be driven by increasing demand for luxury and high-end vehicles equipped with advanced safety features and technology in infrared cameras and the development of cost-effective night vision systems.

Research Nester
Automotive Night Vision System Market Size
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Companies Dominating the Automotive Night Vision System Landscape

top-features-companies
    • Robert Bosch LLC
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AUDI AG.
    • Denso Corporation
    • Visteon Corporation.
    • L3Harris Technologies, Inc.
    • TELEDYNE TECHNOLOGIES
    • BAE SYSTEMS Plc
    • Akeeyo Co.Ltd.
    • Lanmodo
    • NEC Corporation

In-the-news

In The News

  • In order to introduce thermal imaging technology into the automobile industry, Valeo and Teledyne FLIR have formed a Strategic Cooperation Agreement. The objective of the collaboration is to achieve the first level of automotive safety integrity for night vision ADAS.
  • Visteon Corporation, a global technology company serving the mobility industry and leader in automotive display solutions introduces an algorithm for image processing that retains and improves picture quality under any ambient light conditions.

Author Credits:  Harshita Srivastava, Saima Khursheed


  • Report ID: 5942
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing sales of luxury cars and integration of ADAS are some of the major factors anticipated to drive the growth of the automotive night vision system market.

The market is anticipated to attain a CAGR of ~11.34% over the forecast period, i.e., 2023-2037.

The major players in the market are of L3Harris Technologies, Inc., TELEDYNE TECHNOLOGIES, BAE SYSTEMS Plc, Akeeyo Co. Ltd., Lanmodo, NEC Corporation, and others.

The passenger car segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Automotive Night Vision System Market Report Scope
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