North America Automotive Night Vision System Market

North America 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-23369 Publication Date: July-2024 Number of Pages: 103
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Market Report Description

The North America Automotive Night Vision System Market would witness market growth of 10.7% CAGR during the forecast period (2024-2031).

The US market dominated the North America 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 $1,512.7 Million by 2031 The Canada market is experiencing a CAGR of 13.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.1% during (2024 - 2031).

North America Automotive Night Vision System Market

The integration of night vision systems into vehicles has been driven by the broader trend towards advanced driver assistance systems (ADAS). ADAS is a collection of technologies that are intended to improve the safety of vehicles and the convenience of the driver.

Additionally, night vision systems complement these technologies by providing critical visual information that helps drivers make informed decisions in low-light conditions. This integration is particularly valuable for autonomous and semi-autonomous vehicles, where comprehensive sensor data is essential for safe and reliable operation.

North America is a leading (ANVS) market region. The U.S. has a high rate of nighttime traffic fatalities. According to the National Highway Traffic Safety Administration (NHTSA), nearly half of all fatal crashes in 2022 occurred at night (43% for restrained and 57% for unrestrained), despite fewer vehicles being on the road during those hours. ANVS offers a potential solution by improving driver visibility and reaction time in low-light conditions. Additionally, the U.S. government offers various incentives to encourage the adoption of ADAS technologies, including potential tax credits for car purchases with advanced safety features.

Free Valuable Insights: The Automotive Night Vision System Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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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

North America 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

  • US
  • Canada
  • Mexico
  • Rest of North America
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