Night Vision System (NVS) and Driver Monitoring System (DMS) Market 2021-2027
New Study Reports ” Night Vision System (NVS) and Driver Monitoring System (DMS) Market 2021 Global Opportunities, Challenges, Strategies and Forecasts 2027″ has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Night Vision System (NVS) and Driver Monitoring System (DMS) Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Night Vision System (NVS) and Driver Monitoring System (DMS) Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Night Vision System (NVS) and Driver Monitoring System (DMS) market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
With the increasing vehicles on the road, the demand for safety has been increasing among consumers and government. Passenger cars meet with most of the road accidents every year either due to non-attention of the driver or poor light conditions on the road. To combat this issue passenger car manufacturers have been equipping the high-end new vehicles with night vision system and driver monitoring system.
Together known as active safety systems, night vision system and driver monitoring system are used in passenger cars. Night vision system and driver monitoring systems are mainly installed in premium and luxury cars play an important role in preventing road accidents.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Robert Bosch GmbH, Continental AG, Autoliv Inc., Delphi Automotive PLC, Denso Corporation, Omron Corporation and Magna Electronics and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Night Vision System (NVS) and Driver Monitoring System (DMS).
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Night vision system equips vehicle driver with better vision while driving during night or in dark weather conditions. It also enables the driver to view the path which is beyond the reach of vehicle’s headlight. The driver monitoring system on the other hand, uses infrared sensors to monitor driver’s attentiveness.
Driver Monitoring System includes a charged coupled device (CCD) camera placed on the steering column which tracks eyes of the drivers with infrared LED detectors. The system warns the driver by flashing lights and warning sounds if the driver loses attention on the road and accidental situation is detected. The system applies automatic brakes to the vehicle if the same is not done by the driver in accidental situations.
The developed countries have comparatively greater number of premium and luxury passenger cars as compared to the developing country, due to which they have large market for night vision system and driver monitoring system. However, with the growing demand for luxury cars in the developing countries, the demand for night vision system and driver monitoring system is increasing. Night vision system had a larger market share as compared to the driver monitoring system. High price is major restraint for the night vision system and driver monitoring system market; however the increasing global per capita income is reducing its impact.
The increasing demand for luxury cars and safety awareness are the key market drivers for advanced night vision system and driver monitoring system market. The New Car Assessment Program (NCAP) is a government car safety program which is being implemented in every important country around the globe to evaluate new automobile designs for performance against various safety threats. The program gives rating to the passenger cars based on the safety level offered by them.
The increasing number of countries implementing NCAP is presenting growth opportunities for the global night vision system and driver monitoring system. The U.S. Department of Transportation assesses its vehicle safety programs which is making the safety rules for vehicle manufacturers more stringent. Bharat New Vehicle Safety Assessment Program, a safety assessment program based on NCAP model is expected to be implemented in India by the end of 2014.
Among regions, Europe dominated the global night vision system and driver monitoring system market, followed by North America. The European night vision system and driver monitoring system market is facing challenges due to weak economic conditions, however it is retaining its growth on account of improving economy and regaining of customer confidence.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Night Vision System (NVS) and Driver Monitoring System (DMS) Market Manufacturers
Night Vision System (NVS) and Driver Monitoring System (DMS) Market Distributors/Traders/Wholesalers
Night Vision System (NVS) and Driver Monitoring System (DMS) Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Night Vision System (NVS) and Driver Monitoring System (DMS) Market Report:
- The Night Vision System (NVS) and Driver Monitoring System (DMS) Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Night Vision System (NVS) and Driver Monitoring System (DMS) Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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