LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global automotive night vision system market 2018-2022 to grow at a CAGR of more than 15% during the forecast period, according to their latest report.
This market research report segments the global automotive night vision system market based on technology such as passive night vision system and active night vision system. The report also provides an analysis of the market’s growth across regions such as the Americas, APAC, and EMEA.
Inquire about this report: View market snapshot before purchasing
Register for a My Technavio account and get 10% off your first purchase! View all Technavio’s current offers
Technological developments to drive value of machine vision in ADAS
Vehicle manufacturers are progressively developing autonomous vehicles, which eliminate partly or fully any driver assistance in driving. These vehicles require a complex integration of technology and connectivity wherein machine vision plays a major role in determining the effectiveness of the autonomous driving system. Automotive night vision systems play an integral role in determining the effectiveness of machine vision in ADAS, especially during night time. Moreover, the thermal sensors used in night vision systems can also be engaged in the daytime to verify and increase the accuracy of machine vision.
According to a senior analyst at Technavio for automotive electronics research, “Various startups are developing automotive machine vision by complementing the current sensors and by replacing thermographic illumination with far infrared technology. For instance, AdaSky is an Israeli technology startup that has developed Viper, a far infrared technology for automotive vision. This is expected to enter mass production by 2020. Development of far infrared technology will drive the growth of automotive night vision system by 2022.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Global automotive night vision system market segmentation by region
EMEA was the leading region for the global automotive night vision system market in 2017, accounting for a market share of 38%. However, by 2022, APAC is expected to surpass EMEA to become the leading region, with a 7% increase in its market share. Both EMEA and the Americas will witness a decrease in their market share over the forecast period, amounting to approximately 5% and 2% respectively.
|
Big savings with Technavio this February! Get 20% OFF on all Education Technology reports. This offer is valid only till the 28th of this month. OR Celebrate winter sports with 23% OFF all reports in our Outdoor Gear library (Offer valid from Feb 9-25). |
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
