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Automotive Night Vision System Market Share

Report ID: GMI2335
Published Date: Nov 2024
Report Format: PDF

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Automotive Night Vision System Market Share

Magna International, Valeo, and Bosch collectively held a substantial market share of 24% in the automotive night vision system industry in 2024. Magna International, Valeo, and Bosch are key competitors in advanced automotive safety solutions, focusing on innovation in night vision systems. Magna leverages its ADAS expertise to integrate night vision with driver-assistance features, while Valeo emphasizes high-performance infrared and thermal imaging solutions. Bosch, known for sensor and camera innovations, advances integration with ADAS for enhanced driver safety.

Valeo, Magna International, and Bosch each pursue distinct approaches in night vision technology. Valeo leads in thermal imaging with applications in luxury vehicles, while Magna’s partnerships focus on comprehensive ADAS integration. Bosch, a pioneer in automotive sensors, emphasizes seamless integration of night vision into broader safety and autonomous systems. Their strategies drive innovation and safety.

Automotive Night Vision System Market Companies

Major players operating in the automotive night vision system industry are:

Bosch
Continental
DENSO Corporation
Magna International
Omnivision
Teledyne Flir
Valeo
Veoneer
Visteon Corporation
ZF Friedrichshafen

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automotive night vision system reached USD 4 billion in 2024 and is set to grow at a 12.1% CAGR from 2025 to 2034, driven by increasing demand for driver safety and advancements in autonomous and electric vehicles.

The active system segment accounted for 58% of the market share in 2024 and is expected to exceed USD 7.3 billion by 2034, led by their ability to provide clear, illuminated images in low-light conditions.

The Asia Pacific market accounted for 39% of the revenue share in 2024 and is expected to exceed USD 4.9 billion by 2034, propelled by strong growth in China due to the rapid expansion in electric and autonomous vehicle adoption.

The key players in the industry include Bosch, Continental, DENSO Corporation, Magna International, Omnivision, Teledyne Flir, Valeo, Veoneer, Visteon Corporation, and ZF Friedrichshafen.