LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global automotive night vision system market is expected to register a CAGR of over 15% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.
This research report titled ‘Global Automotive Night Vision System Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
The market research analysis categorizes the global automotive night vision system market into the following technologies:
- Passive night vision system
- Active night vision system
In 2017, the passive night vision system segment accounted for 95% of the global market and is expected to decline to 69% by 2022, exhibiting almost 26% decrease in market share.
Global automotive night vision system market: Top emerging trend
Development of 3D assisted automotive night vision system is an emerging trend in the automotive night vision space. Vehicle manufacturers have been developing active night vision systems that have increased effectiveness and accuracy in gauging the distance between vehicles, vehicle locations, distance from obstacles, and road conditions. Night vision systems will be benefited by the subsequent development of autonomous vehicles by 2022. Light detection and ranging (LIDAR) based vision systems are being developed for autonomous vehicles. Automotive night vision systems are expected to be designed according to LIDAR-based vision systems. LIDAR technology essentially creates a 3D image of the surrounding by using laser pulses.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Automotive Night Vision System Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by technology (passive night vision system and active night vision system)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Autoliv, Bosch, Continental, Delphi, FLIR, and OMRON)
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
