Night Vision Cameras Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)


Posted May 8, 2021 by statzyreports

The night vision cameras market has anticipated to register a CAGR of 8.5.8% over the forecast period 2021 - 2026.

 
A spherical camera which can be rolled around the home remotely via smartphone removes the need for multiple cameras in various rooms. It features an HD camera with thermal imaging and night vision capabilities, with several sensors, including a smoke detector, temperature/humidity sensor, flashlight, and IR transmitter, among others.

- The rising need for advanced surveillance technology is driving the market studied. It is designed to assist security personnel, by providing reliable real-time alerts in the night. During night time and in poorly lit areas, infrared or thermal cameras are used, which give black and white images. PTZ (Pan-tilt-zoom) camera is highly used for security purposes, as it is remote directional and capable of zoom control.

- Automotive night vision applications are driving the market due to rising public awareness toward road safety and increased sales of luxury cars. A huge number of road accidents occur during times of low visibility at night. Major automobile manufacturers, like BMW, Mercedes, and Audi, have incorporated night vision cameras with animal detection and pedestrian marking lights features, in order to avoid potential accidents.

- Targetting through transparent obstacles, such as window glass, is a major restraint in this market, as the infrared imager in a camera is imaged by temperature difference. Due to transparent obstacles, like window glass, the infrared thermal imager cannot detect the temperature difference of the object behind it, and the target cannot be seen through the transparent obstacle.

For sample report please visit : https://www.statzyreports.com/report/sr498220/night-vision-cameras-market

Key Market Trends

Night Vision System of ADAS Component in Automobile to Account for a Significant Share

- Night vision systems use a thermographic camera to increase a driver’s perception and seeing distance in darkness or poor weather beyond the reach of the vehicle’s headlights, with the help of near and far IR (infrared). This provides an opportunity to increase the growth in the night vision cameras market.

- Night vision car cameras are being increasingly used in automobiles, especially in autonomous self-driving cars for navigation applications. Like a normal human driver, hardware components in autonomous vehicles also face trouble spotting road signs, pedestrians, animals, road markings, and other items on the road at night. With the help of night vision, autonomous cars would be able to see twice the distance ahead, than the current visible distance.

- FLIR produces only automotive-qualified thermal camera that is in cars today. Through Tier 1 automotive supplier Veoneer, more than 500,000 cars have reliable night vision with pedestrian and animal detection, they provide the ability to reliably classify objects in the day and night, both, including smoke, sun glare, fog, etc.

- The latest camera generation MFC500 from Continental is a crucial part of camera platform and provides solutions ranging from ADAS function to highly automated driving (HAD). It features excellent night vision, high image resolution of up to eight megapixel and wide field of view up to 125 degrees, and enables cross-traffic objects (vehicles, bicycles, pedestrians etc.) to be detected even earlier. In addition, it includes leading-edge technologies, such as machine learning and neural networks, to come to a real scene understanding, which is likely to enhance the market growth.

North America is Accounted to Hold Highest Market Share

- North America is expected to be the dominant market, with the United States accounting for maximum consumption, owing to its large army and military requirements. DVS’s (defense vision systems) night vision and surveillance system applications have been installed in armored and airborne vehicles supported by defense forces in the United States, with properties having high-resolution intensified camera using third-generation intensifier coupled to a 1.4MP sensor.

- According to the National Highway Traffic Safety Administration, around one-fourth of driving in the United States is done at night and more than half of all traffic deaths occur at this time. Therefore, the use of night vision cameras in the automobile sector is highly demanded, which increases the growth of the market.

- Autoliv’s mono-vision systems have enabled their customers to achieve a 5-Star NCAP safety rating in North America. It provides general object detection (including pedestrians, children and cyclists, cars, and trucks), lane markings, worldwide traffic signs detection and road edges, which gives an opportunity for high demand of this system.

Competitive Landscape

The night vision cameras market is fragmented with a large number of companies operating in the market. Leading players are currently focusing on providing technologically advanced products to customers. Increasing demand for night vision cameras with their cost decreasing in the long run is expected to encourage investors to invest in this technology in the next few years, which is likely to create more competition in the market. Key players are Intevac Inc., Photonis USA Inc., Elbit Systems Ltd, etc. Recent developments in the market are -

- December 2018 - Intevac Inc. received a USD 28.6 million contract award for the development and production of digital night vision cameras to support the U.S. Army’s IVAS (Integrated Visual Augmentation System) program.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

For sample report please visit : https://www.statzyreports.com/report/sr498220/night-vision-cameras-market

Contact Us:
Poojan Dogra
Public Relations Manager
Email : [email protected]
Email : [email protected]
(IN) - +918484035727
(US) - +1415-871-0483
Website : www.statzyreports.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Statzy Market Research
Country India
Categories Technology
Tags night vision cameras market , night vision cameras market forecast , night vision cameras market share , night vision cameras market size
Last Updated May 8, 2021