Safety concerns in luxury vehicles encourage the NVS and DMS market

Automotive - Mohit Shah - Sep 21,2017

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safety concerns in luxury vehicles encourage the nvs and dms market

With the rising count of automobiles, especially general and luxury passenger cars, the market for night vision system and driver monitoring system is advancing on the global scale.

The current requirement for night vision and driver monitoring system for different vehicles is based on the grounds of safe navigation. A number of popular automobile brands have taken the initiative to implement these systems successfully into their produced vehicles.

According to recent statistics, the demand for NVS and DMS is momentous across general and luxury passenger cars. Also, to highlight interesting facts about the market for these efficient systems, a fresh report focusing on the growth of the night vision and driver monitoring system market is available; it reveals amazing double-digit CAGR growth in the coming years until 2022.  

With growing technological advancements and customer awareness towards safety measures, the market for night vision and driver monitoring system is gaining popularity across numerous regions around the globe. The geographical spread for the NVS and DMS sector is quite prosperous in prime regions such as China, the United States, Taiwan, Japan, Korea and Europe. Each of these regional spaces is expected to contribute impressively to the upward growth movement during the period 2016 to 2022.

The different players operating in the NVS and DMS market have been working relentlessly to offer amazing results. Their efforts have been acknowledged and recorded by new entrants who are planning to enter this sector. The different op manufacturers/players who have majorly impacted the market growth include Robert Bosch GmbH, Continental AG, Autoliv Inc., Denso Corporation, Omron Corporation, Delphi Automotive PLC and Magna Electronics.

 

For more information on this report visit- http://www.marketresearchhub.com/report/global-night-vision-system-nvs-and-driver-monitoring-system-dms-sales-market-report-2017-report.html