Growing safety concerns and developments in automotive technology have encouraged governments around the world to adopt autonomous vehicles. The government stated that the use of ALKS would be limited to highways at speeds of less than 37 miles (60 km/h). Such efforts will propel the adoption of night vision systems in the automotive sector.
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The North America automotive night vision system market is growing on account of the proliferation of premium Battery Electric Vehicles (BEVs) and Plug-in Electric Vehicles (PHEVs) across the U.S. & Canada. Major automotive OEMs and governments are extensively investing in the modernization of existing automotive plants to increase EV production in the region. Several automobile manufacturers are focusing on developing partnerships with head-up display suppliers to increase their market presence.
The controlling unit segment growth is attributed to the increasing integration of automotive electronics in all types of vehicles. The control unit analyzes the data received from cameras and vision or thermal sensors in real-time. It has a built-in alarm system that warns drivers of pedestrians or animals in front of the vehicle and other possible hazards. Several market participants are focusing on developing a series of new products to address the automotive night vision system market demand. Companies are constantly focusing on new…