Automotive Night Vision System Market

Global Automotive Night Vision System Market Size, Share & Trends Analysis Report By Technology (Far Infrared (FIR) and Near-Infrared (NIR)), By Component, By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-23364 Publication Date: July-2024 Number of Pages: 183
USD 3.9 Billion
USD 8.8 Billion
Historical Data
2020 to 2022

Market Report Description

The Global Automotive Night Vision System Market size is expected to reach $8.8 billion by 2031, rising at a market growth of 10.9% CAGR during the forecast period.

Many urban areas in Asia-Pacific experience heavy traffic congestion, especially during nighttime hours. Automotive night vision systems enhance driver visibility in low-light conditions, improving safety and reducing accidents. Thus, the Asia Pacific region acquired 41.6% revenue share in the market 2023. Also, rapid infrastructure development in Asia-Pacific has led to increased road networks, including highways and urban roads. Night vision systems help drivers navigate these complex environments more effectively, especially in poorly lit or rural areas.

Automotive Night Vision System Market Size - Global Opportunities and Trends Analysis Report 2020-2031

Due to the fact that road safety has become a major priority for both customers and regulatory agencies, there has been a surge in the need for advanced safety systems, such as automobile night vision systems (ANVS), throughout the course of the many years that have passed.

Additionally, one of the most notable advancements is in sensor technology, particularly the development of high-resolution microbolometer detectors. This type of detector is a thermal sensor that converts infrared radiation emitted by objects into an electronic signal. Thus, these advancements will aid in the expansion of the market.

However, the key components of night vision systems—such as advanced sensors, thermal imaging cameras, and sophisticated processing units—are expensive to produce. These components are critical for the system's ability to detect and process infrared radiation, providing drivers with clear visibility in low-light conditions. Thus, as these technologies evolve and become more accessible, they will further impact the demand for night vision systems in the automotive industry.

Driving and Restraining Factors
Automotive Night Vision System Market
  • Increasing road safety awareness
  • Advancements in sensor technology and image processing algorithms
  • Growing demand for luxury and premium vehicles
  • High cost associated with advanced night vision technologies
  • Stiff competition from a range of other advanced technologies
  • Rising adoption of autonomous vehicles
  • Aftermarket demand for night vision systems
  • Substantial maintenance and durability issues
  • Limited awareness and consumer understanding

Component Outlook

On the basis of component, the market is classified into thermal imaging camera, night vision control unit, and sensor system.  The thermal imaging camera segment acquired 42.7% revenue share in the market in 2023. Thermal imaging cameras are essential for night vision systems as they detect infrared radiation emitted by objects and convert it into electronic signals to create detailed thermal images.

Automotive Night Vision System Market Share and Industry Analysis Report 2023

Technology Outlook

Based on technology, the market is bifurcated into far infrared (FIR) and near-infrared (NIR). The near-infrared (NIR) segment procured 41.3% revenue share in the market in 2023. NIR technology emits near-infrared light and captures the reflected light from objects to create an image.

Free Valuable Insights: Global Automotive Night Vision System Market size to reach USD 8.8 Billion by 2031

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment garnered 27.9% revenue share in the market in 2023. The region is home to several premium automotive manufacturers, such as BMW, Mercedes-Benz, and Audi, pioneers in incorporating advanced safety features, including night vision systems, into their vehicles.

Automotive Night Vision System Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 3.9 Billion
Market size forecast in 2031 USD 8.8 Billion
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 10.9% from 2024 to 2031
Number of Pages 183
Number of Tables 250
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Technology, Component, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Autoliv, Inc., Teledyne FLIR LLC (Teledyne Technologies Incorporated), Omron Corporation, Robert Bosch GmbH, Magna International, Inc., Continental AG, Aptiv PLC, Texas Instruments, Inc., Bendix Commercial Vehicles Systems (Knorr-Bremse Group) and Denso Corporation
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List of Key Companies Profiled

  • Autoliv, Inc.
  • Teledyne FLIR LLC (Teledyne Technologies Incorporated)
  • Omron Corporation
  • Robert Bosch GmbH
  • Magna International, Inc.
  • Continental AG
  • Aptiv PLC
  • Texas Instruments, Inc.
  • Bendix Commercial Vehicles Systems (Knorr-Bremse Group)
  • Denso Corporation

Automotive Night Vision System Market Report Segmentation

By Technology

  • Far Infrared (FIR)
  • Near-Infrared (NIR)

By Component

  • Thermal Imaging Camera
  • Night Vision Control Unit
  • Sensor System

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA


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