DUBLIN, September 19, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/wtr9zl/night_vision) has announced the addition of the "Night Vision System (NVS) and Driver Monitoring System (DMS) Market For Passenger Cars - by Geography - Trends and Forecasts 2014 - 2019" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
Active safety systems in passenger cars are becoming an increasingly important consideration for consumers and car manufacturers. Active safety system play a role in preventing accidents. Active safety systems such as, night vision system and driver monitoring system respond at different instances to prevent the car from an accident. This technology is majorly installed in premium or luxury cars.
An automotive night vision system is a system which increases a vehicle driver's perception and seeing distance in darkness or poor weather beyond the reach of the vehicle's headlights thereby preventing accidents at night, whereas a driver monitoring system is vehicle safety system which uses infrared sensors to monitor driver attentiveness. In most of the developed countries, night vision system and driver monitoring system installation is growing and in the developing countries night vision systems and driver monitoring systems are currently available only in luxury cars.
The major factor driving the demand of automotive night vision system and driver monitoring system are, increased safety awareness and sales of luxury car, technological advancement, affordability as well as institutions such as the New Car Assessment Program (NCAP) awarding safety ratings to cars based on safety performance. In the coming years, the increasing demand for premium cars in the European and Asia Pacific regions, mainly China, India and Japan, is expected to drive the market.
The Night vision system and Driver monitoring system market in terms of value is projected to grow at a healthy CAGR of 18.3% and 16.3% respectively from 2014 to 2019.
Automotive safety systems have become advanced, sophisticated, and efficient over a period of time. Today, the automotive industry is more inclined towards the use of advanced technologies to reduce number of accidents and mitigate the impact of accidents on occupants. Automotive safety systems have played an important role in achieving these targets, where these systems have made vehicles safer for the occupants. The recent rise in the attitude of the governments and consumers towards safety attributes of vehicles is one of the major drivers for the automotive safety system market.
Automotive active safety system has evolved from anti-lock braking system, electronic stability control to driver monitoring and other efficient automotive active safety systems. These transitions took place due to several reasons; the increasing concern of consumers towards safety and their increasing willingness to pay for occupant safety, constantly updated rating system of organizations like NCAP and highly competitive market made companies to do extensive R&D work.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Technological Evolution
6 Night Vision System Market (2011-2019)
7 Driver Monitoring System Market (2011-2019)
8 Opportunity & Installation Trend Analysis
9 Competitive Landscape
10 Company Profiles
11 Appendix
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/wtr9zl/night_vision
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
Share this article