Europe Automotive Night Vision System Market Size & Outlook
The automotive night vision system market in Europe is expected to reach a projected revenue of US$ 2,242.1 million by 2030. A compound annual growth rate of 11.3% is expected of Europe automotive night vision system market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,070.3
Forecast, 2030 (US$M)
$2,242.1
CAGR, 2024 - 2030
11.3%
Report Coverage
Europe
Europe automotive night vision system market highlights
- The Europe automotive night vision system market generated a revenue of USD 1,070.3 million in 2023.
- The market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, far infrared (fir) was the largest revenue generating technology in 2023.
- Far Infrared (FIR) is the most lucrative technology segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 1,070.3 million |
| Market revenue in 2030 | USD 2,242.1 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Far infrared (fir) |
| Fastest growing segment | Far Infrared (FIR) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Far Infrared (FIR) |
| Key market players worldwide | Robert Bosch Engineering & Business Solutions, Valeo SA, OmniVision Technologies, Teledyne Technologies Inc, Teledyne FLIR, Continental AG, HUDWAY, Autoliv Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.2% of the global automotive night vision system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,943.1 million by 2030.
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Automotive Night Vision System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| InfiRay | View profile | 1001-5000 | Yantai, Liaoning, China, Asia | https://www.infiray.com |
| HUDWAY | View profile | 11-50 | Marina Del Rey, California, United States, North America | https://hudway.co/ |
| Teledyne FLIR | View profile | 1001-5000 | Wilsonville, Oregon, United States, North America | http://www.flir.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| Autoliv Inc | View profile | 70100 | Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, Sweden, SE-107 24 | https://www.autoliv.com |
| Valeo SA | View profile | 112740 | 100, rue de Courcelles, Cedex 17, Paris, France, 75017 | https://www.valeo.com |
| OmniVision Technologies | View profile | 1001-5000 | Santa Clara, California, United States, North America | http://www.ovt.com |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
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