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Global Automotive Night Vision System Market to Grow at a CAGR of 16.11% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Automotive Night Vision System Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 01/06/2017 -- Report forecast the global automotive night vision system market to grow at a CAGR of 16.11% during the period 2016-2020.

NVS are a part of the advanced safety systems and a type of active safety system. These systems help in improving the driver's ability to see at night and in adverse weather conditions. They contribute in improving the perception of the driver, which is beyond the reach of standard headlights of vehicles. The increasing safety concerns of the driver have cast a positive impact on the market growth.

The report covers the present scenario and the growth prospects of the global automotive night vision system market for 2016-2020. To calculate the market size, the report considers the annual shipment units of luxury and mid-segment cars. In terms of regional market size, regional shipment data have been considered.

The market is divided into the following segments based on geography:
- Americas

According to the report, one of the major drivers for this market is voluntary safety initiatives. The risk in traffic is high during the night than in the day. The main aim of the NVS is to improve the driver's range of vision and provide protection to the driver and people walking on the roads. Vehicle manufacturers are also taking proactive roles to enhance their vehicle crash avoidance capabilities.

Further, the report states that one of the major factors hindering the growth of this market is high price of NVS. NVS are expensive because of the high costs involved with related technologies such as sensitivity, resolution, and complex image analysis algorithms. Auto OEMs are subject to heavy cost pressures every day due to the dynamism in the regulatory environment and demanding consumer base. Environment and safety standards have pressurized OEMs to find means to comply with regulations, while not transmitting additional costs to the consumer. Controlling emissions are bound to increase the vehicle cost.

Global Automotive Night Vision System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automotive night vision system market: Autoliv, Bosch, Continental, Delphi, and ZF TRW.

Other Prominent Vendors in the market are: FLIR Systems and Senso Optics.

Market driver
- Voluntary safety initiatives
- For a full, detailed list, view our report

Market challenge
- High price of NVS
- For a full, detailed list, view our report

Market trend
- Increase in NVS demand from emerging markets
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 58 pages and 34 Exhibits "Global Automotive Night Vision System Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by technology, Geographical segmentation, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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