Automotive and Transportation Automotive Night Vision System Market Report | Page 3

Automotive Night Vision System Market Geographically, Asia-Pacific led the automotive night vision system market in 2018, followed by Europe and North America. The presence of a large vehicle manufacturing base, especially in China, and the growing demand for advanced safety features in vehicles are some of the key factors contributing to the market growth in the region. Market Dynamics Drivers The demand for automotive night vision systems is rising across the world, primarily because of the benefits offered by these systems in terms of driver safety and accident prevention. Increasing concerns over road accidents, particularly at night, have propelled the demand for these systems globally. Due to its ability to perceive surroundings beyond the headlights of a vehicle, a night vision system helps in improving the perception of the driver in low visibility conditions. Opportunities Advancements in 3D-supported automotive night vision systems can be viewed as a key opportunity for the players in the market. Light detection and ranging (LiDAR)-based night vision systems create a 3D image of the surroundings with the use of laser pulses. Automotive manufacturers are currently working on this technology for its further incorporation in vehicles. P&S Intelligence