LAMEA Automotive Night Vision System Market

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

Report Id: KBV-23368 Publication Date: July-2024 Number of Pages: 106
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Market Report Description

The Latin America, Middle East and Africa Automotive Night Vision System Market would witness market growth of 12.6% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Automotive Night Vision System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $177.6 Million by 2031. The Argentina market is showcasing a CAGR of 13.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 12.3% during (2024 - 2031).

LAMEA Automotive Night Vision System Market

Advanced image processing algorithms and AI technologies are integral to integrating night vision systems with ADAS. These algorithms analyse the thermal and infrared data captured by night vision cameras, identifying and classifying objects, predicting their movements, and providing actionable information to the ADAS.

Additionally, integrating night vision systems with ADAS is also a significant selling point for consumers, particularly in the luxury and high-end vehicle segments. Consumers increasingly seek advanced safety features that offer peace of mind and enhance their driving experience.

The increasing demand for this in various nations in LAMEA is driven by government initiatives, regulatory support, and growing consumer awareness about road safety. Brazil, South Africa, the UAE, and Saudi Arabia are leading the way in adopting these advanced safety systems, supported by their respective efforts to enhance vehicle safety standards and reduce road accidents.

Free Valuable Insights: The Worldwide Automotive Night Vision System Market is Projected to reach USD 8.8 Billion by 2031, at a CAGR of 10.9%

Based on Technology, the market is segmented into Far Infrared (FIR) and Near-Infrared (NIR). Based on Component, the market is segmented into Thermal Imaging Camera, Night Vision Control Unit, and Sensor System. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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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

LAMEA 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 Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


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