Key vendors are taking proactive roles to enhance their vehicle crash avoidance capabilities
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global automotive NVS market in their latest research report. This report also lists 2 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account annual shipment units of luxury and mid-segment cars. In terms of regional market size, regional shipment data have been considered.
This Technavio report, under automotive electronics vertical, is based on the synthesis, analysis, and interpretation of information about the global automotive NVS market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
Competitive vendor landscape
The global automotive NVS market is concentrated due to the presence of few vendors. The market is growing at a fast pace because of the growing safety concerns among consumers, especially related to night time conditions, and increase in road accidents.
“The global automotive NVS market is expected to witness increased demand from countries in APAC such as China and India. The demand from these countries is high due to the rising safety concerns, strong economic conditions, cumulative disposable income of consumers, and rapidly growing demand for automobiles, especially luxury vehicles,” says Siddarth Jaiswal, a lead analyst at Technavio for research on automotive electronics.
Top five vendors in the automotive NVS market space
Autoliv is a provider of automotive safety systems for major automotive manufacturers globally. It engages in the manufacture, development, and marketing of airbags, seatbelts, steering wheels, passive safety electronics, and active safety systems such as radar, night vision, and camera vision systems. The NVS system uses infrared technologies and vehicle motion to detect hazards in the route. It can also detect pedestrian four times better than the normal headlight range, even in dense smoke.
Key products: Night vision fusion systems
Bosch is a global provider of security equipment, video surveillance, intrusion detection systems, and fire detection applications. The company operates in four main segments: automotive technology, consumer goods, industrial technology, and energy and building technology. Bosch Night Vision Plus gives high contrast image of the road ahead. The system also detects the pedestrian and forms an image on the screen, which helps the driver to identify the position and the type of object ahead.
Key products: Night vision plus
Continental is one of the world’s largest automotive manufacturing companies that manufactures, develops, and sells passenger cars, light trucks, industrial tires, and related products. The intelligent headlamp control of NVS helps in enhancing vision for the driver and reducing accidents. The system checks the approaching vehicles and those traveling forward the vehicle and accordingly adjust the headlights giving optimal vision.
Key products: Intelligent headlamp control systems
Delphi is a global vehicle components manufacturer. The company provides electrical and electronic, powertrain, active safety, and thermal technology solutions to the commercial and automotive vehicle markets. The company provides electrical and electronic, powertrain, active safety, and thermal technology solutions to the commercial and automotive vehicle markets.
Key products: Integrated radar and camera systems
ZF TRW products include active and passive safety-related products. The company operates in four segments, namely chassis systems, occupant safety systems, electronics, and automotive components. It provides products for passenger cars, commercial vehicles, and light trucks primarily in Europe, North America, and Asia. The company focuses on products and systems that offer a technological advantage.
Key products: Driver assist systems and Integrated active/passive safety systems
Other prominent vendors in this market include FLIR Systems and Senso Optics.
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