LONDON--(BUSINESS WIRE)--Aug 29, 2018--According to the latest market research report released by Technavio, the global automotive night vision system market is expected to register a CAGR of over 15% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.
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Technavio has published a new market research report on the global automotive night vision system market from 2018-2022. (Graphic: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global automotive night vision system market into the following technologies:Passive night vision system Active night vision system
In 2017, the passive night vision system segment accounted for 95% of the global market and is expected to decline to 69% by 2022, exhibiting almost 26% decrease in market share.
Global automotive night vision system market: Top emerging trend
Development of 3D assisted automotive night vision system is an emerging trend in the automotive night vision space. Vehicle manufacturers have been developing active night vision systems that have increased effectiveness and accuracy in gauging the distance between vehicles, vehicle locations, distance from obstacles, and road conditions. Night vision systems will be benefited by the subsequent development of autonomous vehicles by 2022. Light detection and ranging (LIDAR) based vision systems are being developed for autonomous vehicles. Automotive night vision systems are expected to be designed according to LIDAR-based vision systems. LIDAR technology essentially creates a 3D image of the surrounding by using laser pulses.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Automotive Night Vision System Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by technology (passive night vision system and active night vision system)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Autoliv, Bosch, Continental, Delphi, FLIR, and OMRON)
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SOURCE: Technavio Research
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