FACTS AT A GLANCE
Edition: 15; Released: April 2021
Executive Pool: 5117
Companies: 30 – Players covered include Autoliv Inc.; Continental Automotive GmbH; Delphi Automotive PLC; Denso Corporation; FLIR Systems Inc.; Magna International Inc.; Melexis NV.; OmniVision Technologies, Inc.; Protruly Electronics Co., Limited; Robert Bosch GmbH and Others.
Coverage: All major geographies and key segments
Segments: System (Passive, Active); Technology (Far Infrared, Near Infrared); Vehicle Type (Passenger Cars, Commercial Vehicles); Segment (Automotive Night Vision Systems (ANVS))
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Automotive Night Vision Systems (ANVS) Market to Reach $3.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Automotive Night Vision Systems (ANVS) estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$3.1 Billion by 2026, growing at a CAGR of 13.6% over the analysis period. Passive, one of the segments analyzed in the report, is projected to record a 13.3% CAGR and reach US$2.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Active segment is readjusted to a revised 14.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $503.6 Million in 2021, While China is Forecast to Reach $539.1 Million by 2026
The Automotive Night Vision Systems (ANVS) market in the U.S. is estimated at US$503.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$539.1 Million by the year 2026 trailing a CAGR of 12.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.5% and 11.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11% CAGR. More
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