Automotive Blind Spot Detection System Market
Automotive Blind Spot Detection System Market Global Industry Assessment & Forecast
#
Pages:
170
2021
Nov - 2021
VMR-2021-0763
Segments Covered
By
Component RADAR sensor, ultrasonic sensor
-
By
Application Passenger Vehicle, Commercial Vehicle
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
5.64 Billion |
 Revenue 2028:
|
9.25 Billion |
 Revenue CAGR
(2021 - 2028): |
9.40% |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Automotive Blind Spot Detection System in terms of revenue?
-
The global Automotive Blind Spot Detection System valued at 5.64 Billion in 2020 and is expected to reach 9.25 Billion in 2028 growing at a CAGR of 9.40%%.
Which are the prominent players in the market?
-
The prominent players in the market are Robert Bosch GmbH, Continental AG, Xiamen Autostar Electronics Co. Ltd., Denso Corporation, Valeo S.A., Preco Electronics, Autoliv Inc., Ficosa International, ZF TRW, Delphi Automotive Plc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.40%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automotive Blind Spot Detection System include
- The governments are implementing stringent regulations for vehicles to be installed with advanced safety systems to decrease accident rates and resulting injuries and deaths in countries across the globe. Furthermore, obligatory installation of blind spot detection system in both developed and emerging countries is augmenting the market growth. The deployment of ADAS systems in other car models is further supporting the growth of the automotive blind spot detection system market. Various manufacturers in automotive industry are investing in ADAS in order to differentiate their automobiles from other manufacturers in the industry which in turn is augmenting the automotive blind spot detection system market are factors driving the market
- The rising vehicle sale across the globe is anticipated to augment the growth of the automotive blind spot detection system market during the forecast period. This is owing to the rapid urbanization, rising disposable income of the consumers, and increasing developments in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles and its production by the manufacturers which in turn is expected to support the growth of the automotive blind spot detection system market in the forecast period.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Automotive Blind Spot Detection System in 2020.
