January 27, 2023 10:00 ET | Source: Allied Market Research Allied Market Research

Portland, OR, Jan. 27, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global car night vision system market garnered $3.4 billion in 2021, and is estimated to generate $9.5 billion by 2031, manifesting a CAGR of 11.0% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.  

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The research provides detailed segmentation of the global car night vision system market based on Technology, Component, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.  

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Based on technology, the Far Infrared (FIR) segment held the highest share in 2021, accounting for nearly three-fifths of the global car night vision system market, and is expected to continue its leadership status during the forecast period. However, the Near-Infrared (NIR) segment is expected to register the highest CAGR of 11.7% from 2022 to 2031.  

Based on component, the thermal imaging camera segment accounted for the highest share in 2021, contributing to more than two-fifths of the global car night vision system market, and is expected to maintain its lead in terms of revenue during the forecast period. This segment is expected to manifest the highest CAGR of 12.0% from 2022 to 2031. 

Based on region, Asia-Pacific held the largest share in 2021, contributing to more than two-fifths of the global car night vision system market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the same region is expected to manifest the fastest CAGR of 11.7% during the forecast period.  

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Leading market players of the global car night vision system market analyzed in the research include Robert Bosch GmbH, FLIR Systems, Inc., Continental AG, Denso Corporation, OMRON Corporation, Bendix Commercial Vehicle Systems, Delphi Technologies, Magna International, Inc., AUDI AG, Auto Liv.  

The report provides a detailed analysis of these key players of the global car night vision system market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.  

Car Night Vision System Market Key Segments: 

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