According to the recent study the automotive vision system market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 10% to 12% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for luxurious cars, rising safety concerns among customers, and growing usage of advanced technology.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive vision system market by product (active systems and passive systems), technology ((far infrared (FIR) and near infrared (NIR)), display type (instrument cluster, navigation display, and head-up display (HUD)), component (night vision camera, sensors, display unit, controlling unit, and others), vehicle type (passenger cars and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Active systems market is expected to remain the largest segment during the forecast period.”

Based on product, the automotive vision system market is segmented into active systems and passive systems. Lucintel forecasts that the active systems market is expected to remain the largest segment due to its low price and presenting of sharper images.

“Within the automotive vision system market, the passenger cars segment is expected to remain the largest vehicle type”

Based on vehicle type the passenger cars segment is expected to witness the highest growth over the forecast period due to the increasing equipment of passenger cars with night vision systems for enhanced driving experience through increased visibility that reduces the chances of road accidents, and enhanced driving experience.

“Asia pacific will dominate the automotive vision system market in near future”

APAC will remain the largest region due to the presence of a large number of manufacturing plants, increasing demand for high-performance cars, and growing demand for luxury vehicles in the region.

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Major players of automotive vision system market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Continental AG, Robert Bosch GmbH, NXP Semiconductors, Delphi Technologies, ZF Friedrichshafen AG, Autoliv Inc, Stemmer Imaging Ltd, SMR Deutschland GmbH, and Omron Corporation are among the major automotive vision system providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-vision-system-market.aspx  or [email protected]