Showing posts with label Vehicle Night Vision System Market Report. Show all posts
Showing posts with label Vehicle Night Vision System Market Report. Show all posts

Increasing Incidence of Road Accidents Driving Sales of Automotive Night Vision Systems

The rising prevalence of road accidents, especially at night, is encouraging many automobile manufacturers to incorporate night vision systems in their offerings. According to the World Health Organization (WHO), around 1.3 million deaths are caused every year because of road accidents. Furthermore, the organization reported that road accidents are leading cause of deaths for young adults in the age group of 5–29 years and children and these crashes cost several countries as much as 3% of their gross domestic product (GDP).

Automotive night vision systems have the ability to easily perceive surroundings of the vehicle beyond the range of the headlights, thereby improving the vision and perception of the driver at night or in low visibility conditions. Moreover, these systems alert the driver about obstacles and probable hazards, that are otherwise not visible, thereby improving the driving experience and vehicle safety. The adoption of these systems is currently very high in luxury and premium cars, which are majorly sold in China and developed countries such as the U.K., the U.S., Spain, Japan, and Germany. 

Because of the increasing integration of these systems in automobiles, the booming sales of vehicles, especially in the Asia-Pacific (APAC) region, are also driving the growth of the automotive night vision system market. According to the predictions of the market research organization, P&S Intelligence, the market will exhibit huge expansion from 2019 to 2025 (forecast period). Automotive night vision systems are incorporated in both commercial vehicles and passenger cars. The adoption of these systems in passenger cars is predicted to rise significantly in the coming years. 

Thus, owing to the rising incidence of road accidents, growing need for greater visibility at night and in bad weather, and the burgeoning requirement for advanced safety systems in vehicles, the demand for automotive night vision systems will surge sharply all over the world in the coming years. 
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