The global nighttime pedestrian detection system market is prophesied to increase growth with support gained from the escalating adoption of automotive collision avoidance system (ACAS). Automobile manufacturers encouraged to integrate safety technologies as a result of the implementation of stringent regulations could help players to cement their standing in the market. Another factor that could help with growth is the execution of new car assessment programs (NCAPs). At the 2018 New York Auto Show, the Lexus UX mini crossover made its debut with standard versions of nighttime pedestrian detection system in its UX 200 and UX 250h editions.
The global nighttime pedestrian detection system market is expected to see a classification according to vehicle type and sensing technology. Commercial and passenger vehicles could be among primary segments of the market by vehicle type.
The report presented herewith is a comprehensive evaluation of the global nighttime pedestrian detection system market with special focus on market dynamics including market drivers, restraints, and trends and opportunities. It also provides regional and other segmentation study of the market based on accurate facts and figures.
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The world nighttime pedestrian detection system market is predicted to attain growth with the rising demand for premium vehicles and government regulations implemented for vehicle safety. Increasing concerns regarding the safety of pedestrians could also help the market to attain growth in the near future. Incidence of road accidents is expected to gain momentum with more people driving vehicles around the world. Improvement of night vision systems is anticipated to be highly focused upon with increasing research and development activities in the automobile industry.
Development of advanced driving assistance system (ADAS) is projected to augur well for the rise of the world nighttime pedestrian detection system market. However, market growth could be hampered with the expensiveness of nighttime pedestrian detection system. Nonetheless, new opportunities are forecasted to show face as the number of autonomous cars increases and leading ADAS providers find low penetration in emerging markets.
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