Press release
Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market Analysis and Forecast till 2025 by Denso, Bosch, Continental, Delphi, TRW and Aisin
Blind Spot Detection Market
Blind Spot Detection (BSD) system is a sensor based detection system implemented in automobiles that is used for monitoring vehicles at the rear and side of the driver/vehicle. Such systems generate tactile, audible, vibrating or visual form of warnings. They also assist the driver at the parking lots when there are other vehicles approaching from the sides. Blind spots are caused due to various objects such as passengers, headrests and window pillars. Mirrors are generally used to remove the blind spots but the disadvantage being that they leave huge dead on all the sides of the vehicle. BSD systems, with the help of cameras and sensor systems generate information about various objects that are outside the range of driver’s vision.
Adaptive cruise control is similar to conventional cruise control in that it maintains the vehicle's pre-set speed. However, unlike conventional cruise control, this new system can automatically adjust speed in order to maintain a proper distance between vehicles in the same lane. This is achieved through a radar headway sensor, digital signal processor and longitudinal controller. If the lead vehicle slows down, or if another object is detected, the system sends a signal to the engine or braking system to decelerate. Then, when the road is clear, the system will re-accelerate the vehicle back to the set speed.
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The rising number of accidents due to increase in traffic flow is one of the prime reason that is contributing to the growth of BSD and ACC system market. The implementation of such safety systems by the automobile industry has rapidly increased. BSD and ACC systems ensure safety of the passengers; customers are frequently looking for such advanced safety features and are also willing to pay.
Contributing to the growth of this market is the stiff competition among the automobile manufacturers. The manufacturers are continuously upgrading their models so as to cater to the huge demand of innovative safety features that can be used for various applications. The increasing use of sensors due to the advancements in technology is another factor that is contributing to the growth of this market.
Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System.
This industry study presents the global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System production, revenue and market share by manufacturers, key regions and type;
The consumption of Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Denso, Bosch, etc.
The following manufacturers are covered in this report:
Denso
Bosch
Continental
Delphi
TRW
Aisin
Autoliv
Valeo
Hella
GNSD
Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Breakdown Data by Type
Ultrasonic Sensor
Camera
Rador Sensor
Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Breakdown Data by Application
SUV
Roadster
Minivan
Others
Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025
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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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