Latin America Automotive Night Vision System Market Size & Outlook
The automotive night vision system market in Latin America is expected to reach a projected revenue of US$ 540.2 million by 2030. A compound annual growth rate of 10.7% is expected of Latin America automotive night vision system market from 2024 to 2030.
Revenue, 2023 (US$M)
$265.2
Forecast, 2030 (US$M)
$540.2
CAGR, 2024 - 2030
10.7%
Report Coverage
Latin America
Latin America automotive night vision system market, 2018-2030 (US$M)
Latin America automotive night vision system market highlights
- The Latin America automotive night vision system market generated a revenue of USD 265.2 million in 2023.
- The market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, far infrared (fir) was the largest revenue generating technology in 2023.
- Far Infrared (FIR) is the most lucrative technology segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 265.2 million |
| Market revenue in 2030 | USD 540.2 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Far infrared (fir) |
| Fastest growing segment | Far Infrared (FIR) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Far Infrared (FIR) |
| Key market players worldwide | Robert Bosch Engineering & Business Solutions, Valeo SA, OmniVision Technologies, Teledyne Technologies Inc, Teledyne FLIR, Continental AG, HUDWAY, Autoliv Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global automotive night vision system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,943.1 million by 2030.
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Automotive Night Vision System Market Scope
Automotive night vision system market segmentation & scope
Component
Night Vision Camera
Controlling Unit
Display Unit
Sensor
Others
Vehicle
Passenger Vehicles
Commercial Vehicles
Countries
U.S.
Canada
Mexico
UK
France
Italy
Spain
Sweden
Norway
Denmark
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
Saudi Arabia
South Africa
UAE
Kuwait
Automotive Night Vision System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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