Automotive Blind Spot Detection System Market

1. Presents a Research Report on Automotive Blind Spot Detection System Market Global Automotive Blind Spot Detection System Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Duty Commercial Vehicle), by Technology Type (Radar, Ultrasonic, LIDAR and Other Sensors), by End-User Type (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017- 2022 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Automotive Blind Spot Detection System Market Growth and Forecast Highlights & Drivers Global blind spot detection system market is projected to witness an impressive double digit CAGR of 12.4% over the next five years and reach US$ 3.0 billion in 2022. • Increased demand for safety solutions, the introduction of more stringent government programs, advancement in technology, and increasing production of luxury vehicles are the key factors that are directly contributing to the increasing demand for blind spot detection system in the automotive industry. • Europe and North America are the biggest markets of automotive blind spot detection system as both are the homes of major blind spot detection system manufacturers and manufacturing capitals of luxury cars. • Additionally, the introduction of more stringent programs, such as The United States New Car Assessment Program (US NCAP) is supporting the demand for advanced safety features in the automobiles including blind spot detection. • Asia-Pacific is projected to witness the fastest growth during the forecast period, driven by Japan, China, and India. • Increasing production of luxury vehicles and improving safety standards and measures taken by the government to mitigate road accidents would continue driving the demand for blind spot detection in the region. • www.stratviewresearch.com 2

3. Market Insights By Vehicle Type • The passenger car segment is expected to remain the largest blind spot detection market over the next five years. • The vehicle type is also projected to witness the fastest growth in the same period. Increasing demand for active safety systems including blind spot detection in the luxury cars is driving the vehicle segment. By Technology Type • The radar sensor is expected to remain the perennial choice of the sensor in the global automotive blind spot detection system during the forecast period and is also projected to witness the fastest growth in the same period. • Radar provides 360-degree coverage around the car, hence, making it the most effective sensor for the blind spot detection system. By End User Type • OEM is expected to remain the largest end-user type in the global automotive blind spot detection system market over the next five years. • OEM is expected to remain act as a growth engine of the global automotive blind spot detection market, driven by high demand for BSD systems in the luxury vehicles. www.stratviewresearch.com 3

4. Market Insights By Region • Europe and North America are the biggest markets of automotive blind spot detection system as both are the homes of major blind spot detection system manufacturers and manufacturing capitals of luxury cars. • Additionally, the introduction of more stringent programs, such as The United States New Car Assessment Program (US NCAP) is supporting the demand for advanced safety features in the automobiles including blind spot detection. • Asia-Pacific is projected to witness the fastest growth during the forecast period, driven by Japan, China, and India. • Increasing production of luxury vehicles and improving safety standards and measures taken by the government to mitigate road accidents would continue driving the demand for blind spot detection in the region. www.stratviewresearch.com 4

5. Competitive Insights Development of lightweight and more-efficient pedals and formation of strategic alliances with OEMs and material suppliers are the key strategies adopted by the major players to gain a competitive edge in the market. Key Companies Analysed • Autoliv Inc. • Continental AG • Ficosa International • Denso Corporation • Delphi Automotive Plc • Preco Electronics • Robert Bosch GmbH • Valeo S.A. • Xiamen Autostar Electronics Co., Ltd. • ZF TRW www.stratviewresearch.com 5

6. Research Methodology Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. Stratview Research Internal Knowledgebase Secondary Research Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others Data Analysis (Top Down and Bottom Up Approach) Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) www.stratviewresearch.com 6

7. Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: Market structure: Overview, industry life cycle analysis, supply chain analysis. • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors. • www.stratviewresearch.com 7

8. Market Segmentation By Vehicle Type • Passenger Car • Light-Duty Commercial Vehicle • Medium- & Heavy-Duty Commercial Vehicle By Technology Type • Radar Sensor • Ultrasonic Sensor • LIDAR Sensor • Other Sensor By End User Type • OE • Aftermarket www.stratviewresearch.com 8

9. Market Segmentation By Region • North America (Country Analysis: The USA, Canada, and Mexico) • Europe (Country Analysis: Germany, France, The UK, Italy, Russia, and Rest of the Europe) • Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Brazil, Argentina, and Others) www.stratviewresearch.com 9

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