Automotive Night Vision System Market Worth $2.5 Billion and Automotive Driver Monitoring System Market Worth $4.9 Billion by 2019
DALLAS, August 13, 2014 /PRNewswire/ --
The report "Night Vision System (NVS) and Driver Monitoring System (DMS) Market for Passenger Cars - By Geography - Trends and Forecasts 2014-2019" by MarketsandMarkets, classifies and defines the automotive night vision system and driver monitoring system market in terms of volume and value. The report highlights potential growth opportunities in the coming years as well as covers review of the - market drivers, restrains, growth indicators, challenges, legislation trends, market dynamics, competitive landscape, and other key aspects W.RT. Automotive Active Safety Systems Market.
Browse 83 market tables and 134 figures spread through 240 pages and in-depth TOC on "Night Vision System (NVS) and Driver Monitoring System (DMS) Market - Trends and Forecasts 2014-2019"
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Asia-Pacific: Growing market for night vision system and driver monitoring system
The Asia-Pacific region includes developing countries such as China, India, and Thailand. Factors such as increasing market penetration of premium cars and safety installations per vehicles are accelerating the demand of automotive night vision system and driver monitoring systems. Omron Corporation (Japan) is the dominant player in this region which is anticipated to drive the demand for the Automotive Night Vision System and Driver Monitoring System. Apart from these, the global players such as Robert Bosch (Germany), Autoliv Inc. (Sweden), and TRW Automotive (U.S.) have their presence in the Asia-Pacific region, which is also expected to influence the market demand for Automotive Night Vision System and Driver Monitoring System.
Europe: Growing market for Automotive Night Vision System and Driver Monitoring System
In 2009, Europe experienced an economic downturn that affected many industries within the region and is currently in its recovery phase. As such, the automotive night vision system and driver monitoring system market is projected to show a stable growth rate for the period under study. Europe is the major market for night vision system and driver monitoring system and home to a number of automotive safety system suppliers such as Robert Bosch (Germany), Autoliv Inc. (Sweden), and TRW Automotive (U.S.).
The Americas: Automotive Night Vision System and Driver Monitoring System Market shows healthy growth rate
The Americas region comprises the U.S., Mexico, Brazil, Canada, and others. Mexico and Brazil are the emerging economies in this segment. The United States New Car Assessment Program (US NCAP) is a flagship consumer information program of the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA). In the coming years, US NCAP will adjust its rating system to reflect the improvements in the safety features of U.S. vehicles. This will make it more stringent for a vehicle to achieve top ratings, thus encouraging manufacturers to produce vehicles exceeding the minimum federal safety requirements. This is expected to positively affect the Night Vision System and Driver Monitoring System Market. Automotive safety systems suppliers such as, Robert Bosch (Germany), Autoliv Inc. (Sweden), TRW Automotive (U.S.), and Omron Corporation (Japan) have a major presence in the Americas region.
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The report covers the Automotive Night Vision System and Driver Monitoring System Market in terms of volume and value. The market size, from 2011 to 2019 with regards to volume, is provided in terms of thousand units, whereas the value is provided in terms of USD million. The Automotive Night Vision System and Driver Monitoring System Market is broadly classified by geography (Asia-Pacific, Europe, North America and ROW), focusing on key countries in each region.
The report classifies and defines the Automotive Night Vision System and Driver Monitoring System Market in terms of volume and value and provides qualitative and quantitative insights on the Night Vision System and Driver Monitoring System. The report also gives a comprehensive review of the market drivers, restraints, opportunities, challenges and key issues in the Automotive Night Vision System and Driver Monitoring System Market. The key players in this market have also been identified and profiled.
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