Automotive Night Vision System Market Statistics, Development and Growth 2030

1
Automotive Night Vision System Market Dynamics
Trends, Segmentation, Key Players And Forecast
PSIntelligence.Allrightsreserved 1
2

• The rising prevalence of road accidents,
  especially at night, is encouraging many
  automobile manufacturers to incorporate night
  vision systems in their offerings. According to
  the World Health Organization (WHO), around 1.3
  million deaths are caused every year because of
  road accidents. Furthermore, the organization
  reported that road accidents are leading cause of
  deaths for young adults in the age group of 529
  years and children and these crashes cost
  several countries as much as 3 of their gross
  domestic product (GDP).
• Automotive night vision systems have the ability
  to easily perceive surroundings of the vehicle
  beyond the range of the headlights, thereby
  improving the vision and perception of the
  driver at night or in low visibility conditions.
  Moreover, these systems alert the driver about
  obstacles and probable hazards, that are
  otherwise not visible, thereby improving the
  driving experience and vehicle safety. The
  adoption of these systems is currently very high
  in luxury and premium cars, which are majorly
  sold in China and developed countries such as the
  U.K., the U.S., Spain, Japan, and Germany.
• Because of the increasing integration of these
  systems in automobiles, the booming sales of
  vehicles, especially in the Asia-Pacific (APAC)
  region, are also driving the growth of the
  automotive night vision system market. According
  to the predictions of the market research
  organization, PS Intelligence, the market will
  exhibit huge expansion from 2019 to 2025
  (forecast period). Automotive night vision
  systems are incorporated in both commercial
  vehicles and passenger cars. The adoption of
  these systems in passenger cars is predicted to
  rise significantly in the coming years.
• Thus, owing to the rising incidence of road
  accidents, growing need for greater visibility at
  night and in bad weather, and the burgeoning
  requirement for advanced safety systems in
  vehicles, the demand for automotive night vision
  systems will surge sharply all over the world in
  the coming years.
• This study covers
• Historical and the present size of the Automotive
  Night Vision System Market
• Major factors driving the market and their impact
  during the short, medium, and long terms
• Market restraints and their impact during the
  short, medium, and long terms
• Recent trends and evolving opportunities for the
  market participants
• Historical and the present size of the market
  segments and understand their comparative future
  potential
• Competitive scenario of various market segments
  across key countries in several regions for
  uncovering market opportunities for the
  stakeholders
• Major players operating in the market and their
  service offerings
• Recent strategic developments by the major
  players in the market

PSIntelligence.Allrightsreserved
3
3
Disclaimer PS Intelligence always keeps its
customers interests at the core while carrying
out research activities. PS Intelligence
ensures the reliability and accuracy of
information and data provided in its market
research publications. However, the information
in publications is subject to fluctuations, as
it is based on primary interviews of officials
from various companies or organizations. PS
Intelligence is not responsible for any
incorrect data provided by the key industry
players of the concerned domain. The information
or analysis in PS Intelligence publications
represents opinions based on research and should
not be interpreted as statements of fact.
Information in this report was believed to be
correct at the time of publication, but cannot be
guaranteed. PS Intelligence does not endorse
any product, service, or vendor depicted in its
research publications. All intellectual
properties, including trademarks and copyrights,
belong to their respective owners and may be
protected by copyright. Under no circumstance can
these be reproduced in any form without prior
written agreement of their owners. An order for
market research report is intended for internal
use of the company only and not for disclosure
to third parties or any other publication in
general. No service, report, or part thereof
provided by PS Intelligence can be reproduced,
republished, resold, revealed, distributed,
circulated, or sublicensed in any medium or form
now realized or hereafter become realized,
including but not limited to, all forms of
optical-based media, magnetic, electronic, or
digital, without a written permission from
Prescient Strategic Intelligence Pvt. Ltd.
4
Kindly write to enquiry_at_psmarketresearch.com
B-13, Sector 2, Noida, U.P. 201301,
INDIA Contact No 91 120 4541 337 US/Canada
Toll-Free 1-888-778-7886
4
PSIntelligence.Allrightsreserved