Blind Spot Solutions Market 2020 Is Estimated to Reach USD 25.92 billion By 2027 with Global Players Like - Robert Bosch GmbH; Continental AG; DENSO CORPORATION; Valeo
Global blind spot solutions market is expected to rise to an estimated value of USD 25.92 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rising incidences of accidents caused with heavy commercial vehicles due to their inability to view the vehicle’s blind spots along with increasing utilization of these systems in premium vehicles.
Market Definition: Global Blind Spot Solutions Market
Blind spot solutions are the collection of components, software, that are combined to provide better visualization of the vehicle’s blind spots whether they be on its side or the rear. These solutions combine all of the components to provide drivers better prevention measures informing them of any obstacles, vehicles, pedestrians or motorbikes in their blind vision. These solutions are provided with a combination of information generated from radar sensors, infrared sensors, cameras, and various other components.
• Rising strictness regarding the regulations of vehicle and driver safety requiring advanced technologies and solutions; this factor is expected to drive the growth of the market
• Rising usage of advanced mirrors which result in better visualization of the rear and side of the vehicle; this factor is expected to drive the growth of the market
• Rising demand from the consumers for effective vehicle safety offerings; this factor is expected to drive the growth of the market
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The Blind Spot Solutions Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new Blind Spot Solutions Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to Blind Spot Solutions Market.
Major Market Manufacturers Covered In The Blind Spot Solutions Market Are:
Few of the major competitors currently working in the global blind spot solutions market are Robert Bosch GmbH; Continental AG; DENSO CORPORATION; Valeo; Aptiv; Magna International Inc.; Ficosa Internacional SA; Autoliv Inc.; ZF Friedrichshafen AG; Gentex Corporation; Samvardhana Motherson Group; Murakami Corporation; Renesas Electronics Corporation; HYUNDAI MOBIS; SAMSUNG ELECTRO-MECHANICS; SL Corporation; STONKAM CO.,LTD.; WABCO; HELLA GmbH & Co. KGaA; Ambarella Inc.; HARMAN International; Muth Mirror Systems, LLC; VOXX Electronics Corp. and Mobileye among others.
Key Developments in the Market:
• In January 2019, HARMAN International announced the launch of a new set of technologies and systems specially designed for ADAS applications in vehicles at the CES 2019, held in Las Vegas, Nevada, United States from January 8-11, 2019. The company is focusing on developing more advanced technologies in collaboration with various other established technological leaders to provide a collection of sensing solutions
• In December 2018, Ambarella Inc. announced the launch of their “CV22AQ automotive camera System-on-Chip (SoC), which will be combined with their CVflow computer vision architecture for effective DNN processing. The offering will be applied for in ADAS camera, in mirrors for BSD, interior cameras, and also with Monitors for park assist. The product is designed to meet NCAP requirements for lane keeping, AEB, headlight control and also speed assistance
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How will this Market Intelligence Report Benefit You?
1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
2. Exclusive insight into the key trends affecting the Blind Spot Solutions’ industry, although key threats, opportunities and disruptive technologies that could shape the Global Blind Spot Solutions’ market supply and demand.
3. The report tracks the leading Market players that will shape and impact the Global Blind Spot Solutions’ Market most.
4. The data analysis present in the Blind Spot Solutions’ Market report is based on the combination of both primary and secondary resources.
5. The report helps you to understand the real effects of key Market drivers or retainers on Blind Spot Solutions’ Market business.
Global Blind Spot Solutions Market Scope and Market Size
Blind Spot Solutions market is segmented on the basis of component, vehicle type, form factor, By Product Type
• Blind Spot Detection (BSD) System
• Backup Camera System
• Park Assist System
• Surround View System
• Virtual Pillars
By Technology Type
By Distribution Channel
• Original Equipment Manufacturers (OEMs)
By Electric Vehicle (EV) Type
• Battery Electric Vehicle (BEV)
• Full-Cell Electric Vehicle (FCEV)
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
By Internal Combustion Engine (ICE) Vehicle Type
• Passenger Cars (PC)
• Light Commercial Vehicles (LCV)
Based on regions, the Blind Spot Solutions Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report covers major aspects:
• Various economic factors that are significant in determining the Blind Spot Solutions Market trend, buying decisions and Market attractiveness are being analysed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the Blind Spot Solutions Market growth.
Strategic Points Covered in Table of Content of Global Blind Spot Solutions Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Blind Spot Solutions Market
Chapter 2: Exclusive Summary – the basic information of Blind Spot Solutions Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting Blind Spot Solutions Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of Blind Spot Solutions Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Customization of the Report:
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