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Automotive Blind Spot Detection System Market

Automotive Blind Spot Detection System Market

Automotive Blind Spot Detection System Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Component RADAR sensor, ultrasonic sensor
  • By Application Passenger Vehicle, Commercial Vehicle
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 5.64 Billion
Revenue 2028Revenue 2028: 9.25 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 9.40%
Fastest Growing Region 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
Frequently Asked Question
  • 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%%.

  • 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..

  • The market is project to grow at a CAGR of 9.40%% between 2021 and 2028.

  • 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.

  • North America was the leading regional segment of the Automotive Blind Spot Detection System in 2020.