Night Vision System And Driver Monitoring System Market was valued at USD 5.67 Billion in 2022 and is projected to reach USD 10.78 Billion by 2030, growing at a CAGR of 8.70% from 2024 to 2030.
The global Night Vision System and Driver Monitoring System market was valued at approximately USD 7.5 billion in 2022, with the Night Vision System segment contributing around USD 4.0 billion and the Driver Monitoring System segment accounting for approximately USD 3.5 billion. The market is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2022 to 2030, driven by the increasing adoption of advanced driver assistance systems (ADAS) and the growing emphasis on vehicle safety and security. The expansion of the automotive sector, along with advancements in infrared and camera technologies, is expected to bolster market growth significantly during this period.
Opportunities within the market include the rising demand for enhanced night driving safety solutions and the integration of artificial intelligence (AI) to improve system accuracy and functionality. Emerging markets in regions such as Asia-Pacific are showing significant growth potential due to increasing vehicle production and demand for safety features. Furthermore, advancements in sensor technology and the development of cost-effective solutions are anticipated to open new avenues for market expansion. The evolving automotive landscape, with a focus on autonomous vehicles and smart transportation systems, presents substantial opportunities for market players to innovate and capture a larger share of the market.
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Aisin Seiki
Valeo
Omron
Magna
Denso
TRW Automotive
Delphi Automotive
Robert Bosch
Continental
Autoliv
Visteon
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Night Vision System And Driver Monitoring System Market
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Others
Based on Types the Market is categorized into Below types that held the largest Night Vision System And Driver Monitoring System market share In 2023.
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Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Night Vision System And Driver Monitoring System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Night Vision System And Driver Monitoring System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Night Vision System And Driver Monitoring System Market, By Type
6. Global Night Vision System And Driver Monitoring System Market, By Application
7. Global Night Vision System And Driver Monitoring System Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Night Vision System And Driver Monitoring System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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