The night vision cameras market is expected to register a CAGR of 18.3%, during the forecast period, 2019 – 2024. The smart-home camera that rolls around the house with SensorSphere is a new trend for the market. A spherical camera which can be rolled around the home remotely via smartphone removes the need for multiple cameras in various rooms. It features a HD camera with thermal imaging and night vision capabilities with several sensors which include a smoke detector, temperature/humidity sensor, flashlight and IR transmitter among others.
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– Rising need for advanced surveillance technology is driving the market. It is designed to assist security personnels by providing reliable real-time alerts in the night. During night time and in poorly lit areas infrared or thermal cameras are used that gives black and white images. PTZ (Pan-tilt-zoom) camera is highly used for security purpose which is capable of remote directional and zoom control.
– Automotive night vision applications is driving the market due to growing 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 to avoid potential accidents.
– Targetting through transparent obstacles, such as window glass is a major restraint to the market . Because the infrared imager in a camera is imaged by temperature difference, and due to transparent obstacle like window glass, the infrared thermal imager can not detect the temperature difference of the object behind it, so the target cannot be seen through the transparent obstacle.
Scope of the Report
The night vision cameras are the cameras which are used to intensify human sight under very low light conditions. The market is segmented on the basis of technology and enhancing the safety and security across different industries such as in manufacturing, services, transportation, and military & defense and automobile sectors.
Key Market Trends
Night Vision System of ADAS Component in Automobile to Account for a Significant Share
– Night vision systems uses 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), which is giving an opportunity to increase the market growth in night vision cameras market.
– Night vision car cameras are being increasingly used in automobiles, especially in autonomous self-driving cars particularly for navigation applications. Just like humans, hardware components on autonomous vehicles have 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 as far ahead as they can now.
– FLIR produces the 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.
– 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 of up to 125 degrees, enabling 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 will enhance the growth of the market.
North America is Accounted to Hold Highest Market Share
– North America is expected to be the dominant market, with United States accounting for maximum consumption, owing to its large army and military requirements. DVS’s (Defence Vision Systems) night vision and surveillance system applications have been installed in armoured and airborne vehicles supported by defence forces in 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 all US driving is done at night and more than half of all traffic deaths occur at this time, so the use of night vision camera in automobile sector is higly demanded which increases the growth of the market.
– Autoliv’s mono vision systems have enabled their customers achieve 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.
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 will 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.
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Table of Contents
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Rising Need for Advanced Surveillance Technology
4.3.2 Automotive Night Vision Applications
4.4 Market Restraints
4.4.1 Targetting Through Transparent Obstacles
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Wired Night Vision Cameras
5.1.2 Wireless Night Vision Cameras
5.2 By End User
5.2.1 Military & Defense
5.2.3 Public & Residential Infrastructure
5.2.6 Other End Users
5.3.1 North America
5.3.4 Rest of the World
184.108.40.206 Latin America
220.127.116.11 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Intevac, Inc.
6.1.3 Elbit Systems Ltd.
6.1.4 Rockwell Collins, Inc.
6.1.5 FLIR Systems, Inc.
6.1.6 Panasonic Corporation
6.1.7 BAE Systems PLC
6.1.8 TAK Technologies Private Limited
6.1.9 Harris Corporation
6.1.10 Tactical Night Vision Company, Inc.
6.1.11 General Dynamics Global Imaging Technologies, Inc.
6.1.12 Nivisys, LLC
6.1.13 Sony Corporation
6.1.14 Sharp Corporation
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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