In 2032, it is anticipated that the Europe Automotive Night Vision System Market Share will generate US$604.8 Mn. Automotive night vision systems are in high demand due to increased concerns about nighttime traffic, road safety, and accident prevention.
According to FMI, the market for automotive night vision systems in Europe is expected to reach US$ 151.7 million in 2022 and grow at a CAGR of 14.8% from 2022 to 2032.
Automotive night vision systems have a significant impact on reducing traffic accidents caused by rush hour. The use of night vision systems in passenger automobiles and other light or heavy vehicles is currently regarded as a critical component of overall safety. Night vision systems serve different purposes than any other type of car illumination. They are capable of spotting any object that unexpectedly appears in front of the car and alerting the driver to prevent a collision. NVS improves low-visibility weather situations and a driver’s perception in the dark. An automotive night vision system is becoming more and more in demand in the automotive sector as a result of its advanced capability.
- Robert Bosch GmbH,
- Autoliv Inc.,
- TRW Automotive,
- Omron Corporation,
- L-3 Communications Holdings,
- DENSO Corporation,
- OmniVision Technologies, Inc.,
- Continental AG.