According to the latest report by IMARC Group, titled “Automotive Blind Spot Detection System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, . The automotive blind spot detection (BSD) system is a sensor-based solution used for identifying objects in the bumper of the vehicle or periphery of mirrors. It usually comprises of embedded sensors that exhibit electromagnetic waves or computer-processed images through a digital camera. Few commonly used BSD sensors are ultrasonic-, RADAR- and light detection and ranging (LiDAR)-based sensors. Automotive BSD systems produce vibrating, tactile, or visual signals to warn the driver upon identifying a stationary or moving object. As a result, they are widely installed in passenger cars, and light, medium and heavy commercial vehicles.
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The expanding automotive industry and increasing deployment of safety automotive devices to reduce vehicle collisions and accidents are propelling the demand for BSD systems. Furthermore, the growing consumer inclination towards luxury vehicles has also prompted the automobile manufacturers to integrate various advanced safety equipment, including BSD systems. Moreover, the rising adoption of radar-based BSD systems in commercial vehicles for object detection across a varying range also augments the market growth. The incorporation of smart mirrors, multicamera systems, and ultrasonic-based automotive parts have led to the emergence of advanced product variants in the market which are further expected to drive the global market growth. Looking forward, IMARC Group expects the global automotive blind spot detection system market to continue its strong growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive blind spot detection system market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, vehicle type, technology and end user.
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Breakup by Technology:
- Radar Sensor
- Ultrasonic Sensor
- LIDAR Sensor
- Others
Breakup by End User:
- Original Equipment Manufacturers (OEM)
- Aftermarket
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape Key Player:
- Autoliv Inc.
- Continental Aktiengesellschaft
- Delphi Technologies Plc
- DENSO Corporation
- Ficosa International S.A. (Panasonic Corporation)
- Magna International Inc.
- Mando Corporation
- Preco Electronics Inc. (Sensata Technologies)
- Robert Bosch GmbH
- Smart Microwave Sensors GmbH
- ZF Friedrichshafen AG (Zeppelin-Stiftung)
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