Automotive Night Vision System Market Expected to Expand at a Steady Cagr Through 2020
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- Date Submitted: 12/20/2015 10:42 PM
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Automotive night vision systems play a major role in preventing accidents. Globally, they are currently becoming an important feature in passenger cars. Due to its ability to the reach beyond the vehicle’s headlights, an automotive night vision system is used to enhance a driver’s perception in darkness and poor visibility weather conditions. The night vision system warns the driver if an animal or a pedestrian is present in the danger zone by projecting a red image in front of the vehicle. The length and width of the danger zone depends on the speed of the vehicle. Automotive night vision systems are also deployed in military ground transport vehicles such as tanks, trucks, humvees, and armoured personnel carriers. According to the changing end user needs, different technologies have evolved in automotive night vision systems.
Increasing concern over accidents during night drives has been fuelling the growth of automotive night vision systems across the globe. In addition, increasing deployment of these systems in military vehicles to improve driving in darkness has been boosting this market. The penetration rate of night vision systems is high in luxury and premium cars, which are sold mostly in developed economies like North America and Europe. On account of these factors, the global market for automotive night vision systems is expected to double in the next six years.
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Europe dominates the global automotive night vision market, followed by North America and Asia Pacific. Factors like the increasing demand for premium and luxury cars, increasing disposable income, government regulations for vehicular safety systems, and improving economic conditions are driving the growth of the Europe night vision system market. The market is expected to experience twofold growth from 2014 to 2020.In addition to this, the Europe night vision systems market is expected to...
Increasing concern over accidents during night drives has been fuelling the growth of automotive night vision systems across the globe. In addition, increasing deployment of these systems in military vehicles to improve driving in darkness has been boosting this market. The penetration rate of night vision systems is high in luxury and premium cars, which are sold mostly in developed economies like North America and Europe. On account of these factors, the global market for automotive night vision systems is expected to double in the next six years.
Ask for Free Sample Report@
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Europe dominates the global automotive night vision market, followed by North America and Asia Pacific. Factors like the increasing demand for premium and luxury cars, increasing disposable income, government regulations for vehicular safety systems, and improving economic conditions are driving the growth of the Europe night vision system market. The market is expected to experience twofold growth from 2014 to 2020.In addition to this, the Europe night vision systems market is expected to...