Automotive Night Vision System Market - Growth, Trends, and Forecast (2020 - 2025)

The Market is Segmented by Technology Type (Far Infrared (FIR), Near Infrared (NIR)), Display Type (Navigation System, Instrument Cluster, HUD), Component Type (Night Vision Camera, Controlling Unit, Display Unit, Sensor, Other Components), and Geography.

Market Snapshot

Study Period:

2019-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

CAGR:

Greater Than 16.5 %

Major Players:

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Market Overview

The automotive night vision system market is anticipated to register a CAGR of over 16.5% during the forecast period (2020 - 2025).

  • Some of the key factors driving the market are: the growing public awareness toward road safety, increased sales of luxury cars, and the inclination of automobile manufacturers to develop more advanced technologies so as to prevent accidents (due to the enactment of stringent regulations by governments and safety organizations).
  • Though currently, night vision systems (NVSs) are available only for luxury cars, they are expected to be available in the mass mid-car segments by the end of 2023. However, the high prices of night vision systems pose a major threat, as the technologies used in such systems, like sensors and the display units, are expensive.
  • Some of the major players dominating the market are Denso Corp, Autoliv, and Magna International.

Scope of the Report

Automotive night vision systems aids in alerting the drivers regarding the presence of potential hazards before they become visible, through the usage of either a thermal camera or infrared light sources. These systems help in preventing accidents.

The automotive night vision system market has been segmented by technology, display type, and by component.

Technology Type
Far Infrared (FIR)
Near Infrared (NIR)
Display Type
Navigation System
Instrument Cluster
HUD
Component Type
Night Vision Camera
Controlling Unit
Display Unit
Sensor
Other Components
Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Italy
Norway
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Brazil
South Africa
Argentina
Other Countries

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Key Market Trends

Far Infrared Expected to Register High Demand in Future

The far infrared (FIR or IR) technology dominated the market in 2018 and is expected to witness the same trend in the coming years. The segment is expected to register the highest CAGR of around 18%, during the forecast period.

Night vision sensor systems are becoming more common in vehicles. Different methods using infrared sensors have been suggested in the literature, in order to detect vehicles in far infrared (FIR) images. However, these systems still have low vehicle detection rates and their performances may be enhanced. Images from cameras with infrared are expected to improve the perception of the driver under low-light conditions. The main drawback of this system is that it cannot display the images at the right time, so as to avoid distracting the driver from road traffic.

Currently, a huge number of road accidents occur during times of low visibility, such as at night time. However, most existing automobile algorithms and detection systems are focused on daylight vehicle detection with visible spectrum cameras. Studies are going on regarding night-time vehicle detection, along with vehicle lamp detection, but these detections are generally affected by different factors, like rain, low illumination, and camera exposure time.

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Geography Trends

Asia-Pacific dominated the market and is expected to witness the same trend in the coming years, followed by Europe and North America. China is the leader of the automotive industry, in every aspect, whether it is the sale of vehicles or the production of vehicles. The growing demand for luxury vehicles in the country is contributing significantly to the night vision system market. The Chinese market for the electric vehicle is swiftly growing, and China holds more than half of the electric vehicle market share, globally. In 2017, the country sold 777,000 electric vehicle units, which is 53% more than total electric vehicle units sold, in 2016. The demand for more ADAS functions in electric cars, such as night vision systems, is also growing, with the electric car market.

In Germany, the demand for advanced safety systems i.e., ADAS has been continually increasing. The importance of night vision systems and automatic emergency braking systems have grown significantly, due to the growing number of vehicle accidents. The installation of new plants, by OEM suppliers in the country, is expected to positively impact the growth of the market in the coming years.

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Competitive Landscape

The market is highly consolidated by major players, like DENSO Corporation, Autoliv Inc., Audi AG, Daimler AG, and Hella. DENSO Corporation has dominated the market. Denso manufacturers vision sensors that detect pedestrians at night. Vision sensors are included under the information and safety systems segment, which accounted for USD 6 billion, in 2017. Millimeter-wave radar and display units are other categories under this segment, which occupies more than 70% of the company’s share, in 2017. The electronics division of Autoliv grew by 5%, in 2017, compared to its previous year, to USD 2.3 billion. The sales growth was due to an organic increase in the sales from the active safety division, of which night vision cameras had a significant share

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Technology Type

      1. 5.1.1 Far Infrared (FIR)

      2. 5.1.2 Near Infrared (NIR)

    2. 5.2 Display Type

      1. 5.2.1 Navigation System

      2. 5.2.2 Instrument Cluster

      3. 5.2.3 HUD

    3. 5.3 Component Type

      1. 5.3.1 Night Vision Camera

      2. 5.3.2 Controlling Unit

      3. 5.3.3 Display Unit

      4. 5.3.4 Sensor

      5. 5.3.5 Other Components

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Norway

        6. 5.4.2.6 Netherlands

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Rest of Asia-Pacific

      4. 5.4.4 Rest of the World

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Argentina

        4. 5.4.4.4 Other Countries

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Robert Bosch GmbH

      2. 6.2.2 DENSO Corporation

      3. 6.2.3 Audi AG

      4. 6.2.4 Daimler AG

      5. 6.2.5 Autoliv Inc.

      6. 6.2.6 Visteon Corporation

      7. 6.2.7 Magna International Inc.

      8. 6.2.8 L3 Technologies Inc.

      9. 6.2.9 Raytheon Company

      10. 6.2.10 Aisin Seiki Co Ltd.

      11. 6.2.11 Delphi Automotive PLC

      12. 6.2.12 Valeo SA

      13. 6.2.13 Hella KGaA Hueck & Co.

      14. 6.2.14 FLIR Systems, Inc.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. DISCLAIMER

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