Global Automotive Blind Spot Detection (BSD) System Market Size study & Forecast, by Component Type (Ultrasonic, RADAR, Cameras) by Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Analysis, 2022-2029

Description

List of Tables

Global Automotive Blind Spot Detection (BSD) System Market is valued at approximately USD 3.9 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.7% over the forecast period 2022-2029. The automotive sector has witnessed a rise in the adoption of smart technologies, one of which is blind spot detection (BSD). It is a sort of advanced driver assistance system that uses unique sensors to detect items in a blind spot. Image sensors are typically used to communicate an image to the monitor to deliver critical information to the driver. When these sensors detect the presence of an object in the blind spot, they sound an alarm. Additionally, different automotive manufacturers use different names for the BSD system, such as blind-spot monitoring and blind-spot information system. The Automotive Blind Spot Detection (BSD) System Market is expanding because of factors such as strict safety standards and increasing consumer preference for safety solutions.

According to the WHO, approximately 1.25 million people die in traffic accidents each year. To combat escalating traffic accidents, governments have set severe regulations on automotive manufacturers to adopt modern safety measures that assist save the lives of drivers and passengers. In Georgia, approximately 121 people per 1,000,000 people died as a result of traffic accidents in 202so0. Despite having left-hand traffic, the country imports a considerable number of right-hand drive vehicles. Georgia appears to lack strong rear passenger restraint rules as well. The number of traffic deaths in the United States remained high in 2019, however, they were marginally lower than the previous year. Distracted driving appears to reduce the benefits of higher restraint use and improved safety aid systems for motor vehicles. Also, automobile manufacturers must get safety ratings from organizations such as the Insurance Institute of Highway Safety (IIHS), the New Car Assessment Program (NCAP), and the International Centre for Automotive Technology (ICAT) to obtain market access for their vehicles. Thus, all of the government's safety rules and regulations are predicted to promote the growth of the blind spot detection system market in the future years. Also, technological advancements and rising demand for driving comfort will provide lucrative growth opportunities for the market during the forecast period. However, unfavorable weather conditions hamper market growth during the forecast period of 2022-2029.

The key regions considered for the Global Automotive Blind Spot Detection (BSD) System Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the easy availability of raw materials and the mass manufacture of BSD system technology at lesser rates are driving Asia Pacific's growth in this market. Consumers' purchasing preferences for vehicles have shifted from entry-level to mid-level versions as their disposable income has increased. North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as the ruling organizations in this region that have enhanced the vehicle rating system, forcing manufacturers to build automobiles that fulfil the government's safety standards.

Major market players included in this report are:

Robert Bosch GmbH
Delphi Automotive LLP
Continental AG
Preco Electronics
ZF Friedrichafen AG
Autoliv
Denso Corporation
Valeo
Velodyne Lidar Inc.
Ficosa Internacional SA

Recent Developments in the Market:

In November 2020, Velodyne Lidar Inc. had launched its solid state Velarray H800 sensor. This new sensor is intended for use in ADAS and autonomous mobility applications for safe navigation and collision avoidance.

Global Automotive Blind Spot Detection (BSD) System Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component Type, Vehicle Type, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component Type offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component Type:

Ultrasonic
RADAR
Cameras

By Vehicle Type:

Passenger Cars
Commercial Vehicles

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Automotive Blind Spot Detection (BSD) System Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Automotive Blind Spot Detection (BSD) System Market, by Component Type, 2019-2029 (USD Billion)
- 1.2.3. Automotive Blind Spot Detection (BSD) System Market, by Vehicle Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Automotive Blind Spot Detection (BSD) System Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Automotive Blind Spot Detection (BSD) System Market Dynamics

3.1. Automotive Blind Spot Detection (BSD) System Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Strict Safety Standards
  - 3.1.1.2. Increasing Consumer Preference for Safety Solutions
- 3.1.2. Market Challenges
  - 3.1.2.1. Unfavourable Weather Conditions
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancements
  - 3.1.3.2. Rising demand for driver comfort

Chapter 4. Global Automotive Blind Spot Detection (BSD) System Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Automotive Blind Spot Detection (BSD) System Market, by Component Type

6.1. Market Snapshot
6.2. Global Automotive Blind Spot Detection (BSD) System Market by Component Type, Performance - Potential Analysis
6.3. Global Automotive Blind Spot Detection (BSD) System Market Estimates & Forecasts by Component Type 2019-2029 (USD Billion)
6.4. Automotive Blind Spot Detection (BSD) System Market, Sub Segment Analysis
- 6.4.1. Ultrasonic
- 6.4.2. RADAR
- 6.4.3. Cameras

Chapter 7. Global Automotive Blind Spot Detection (BSD) System Market, by Vehicle Type

7.1. Market Snapshot
7.2. Global Automotive Blind Spot Detection (BSD) System Market by Vehicle Type, Performance - Potential Analysis
7.3. Global Automotive Blind Spot Detection (BSD) System Market Estimates & Forecasts by Vehicle Type 2019-2029 (USD Billion)
7.4. Automotive Blind Spot Detection (BSD) System Market, Sub Segment Analysis
- 7.4.1. Passenger Cars
- 7.4.2. Commercial Vehicles

Global Automotive Blind Spot Detection (BSD) System Market, Regional Analysis

7.5. Automotive Blind Spot Detection (BSD) System Market, Regional Market Snapshot
7.6. North America Automotive Blind Spot Detection (BSD) System Market
- 7.6.1. U.S. Automotive Blind Spot Detection (BSD) System Market
  - 7.6.1.1. Component Type breakdown estimates & forecasts, 2019-2029
  - 7.6.1.2. Vehicle Type breakdown estimates & forecasts, 2019-2029
- 7.6.2. Canada Automotive Blind Spot Detection (BSD) System Market
7.7. Europe Automotive Blind Spot Detection (BSD) System Market Snapshot
- 7.7.1. U.K. Automotive Blind Spot Detection (BSD) System Market
- 7.7.2. Germany Automotive Blind Spot Detection (BSD) System Market
- 7.7.3. France Automotive Blind Spot Detection (BSD) System Market
- 7.7.4. Spain Automotive Blind Spot Detection (BSD) System Market
- 7.7.5. Italy Automotive Blind Spot Detection (BSD) System Market
- 7.7.6. Rest of Europe Automotive Blind Spot Detection (BSD) System Market
7.8. Asia-Pacific Automotive Blind Spot Detection (BSD) System Market Snapshot
- 7.8.1. China Automotive Blind Spot Detection (BSD) System Market
- 7.8.2. India Automotive Blind Spot Detection (BSD) System Market
- 7.8.3. Japan Automotive Blind Spot Detection (BSD) System Market
- 7.8.4. Australia Automotive Blind Spot Detection (BSD) System Market
- 7.8.5. South Korea Automotive Blind Spot Detection (BSD) System Market
- 7.8.6. Rest of Asia Pacific Automotive Blind Spot Detection (BSD) System Market
7.9. Latin America Automotive Blind Spot Detection (BSD) System Market Snapshot
- 7.9.1. Brazil Automotive Blind Spot Detection (BSD) System Market
- 7.9.2. Mexico Automotive Blind Spot Detection (BSD) System Market
7.10. Rest of The World Automotive Blind Spot Detection (BSD) System Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Company Profiles
- 8.2.1. Robert Bosch GmbH
  - 8.2.1.1. Key Information
  - 8.2.1.2. Overview
  - 8.2.1.3. Financial (Subject to Data Availability)
  - 8.2.1.4. Component Type Summary
  - 8.2.1.5. Recent Developments
- 8.2.2. Delphi Automotive LLP
- 8.2.3. Continental AG
- 8.2.4. Preco Electronics
- 8.2.5. ZF Friedrichafen AG
- 8.2.6. Autoliv
- 8.2.7. Denso Corporation
- 8.2.8. Valeo
- 8.2.9. Ficosa Internacional SA
- 8.2.10. Velodyne Lidar Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Automotive Blind Spot Detection (BSD) System Market, report scope
TABLE 2. Global Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by Component Type 2019-2029 (USD Billion)
TABLE 4. Global Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by Vehicle Type 2019-2029 (USD Billion)
TABLE 5. Global Automotive Blind Spot Detection (BSD) System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Automotive Blind Spot Detection (BSD) System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Automotive Blind Spot Detection (BSD) System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Automotive Blind Spot Detection (BSD) System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Automotive Blind Spot Detection (BSD) System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Automotive Blind Spot Detection (BSD) System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Automotive Blind Spot Detection (BSD) System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Automotive Blind Spot Detection (BSD) System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Automotive Blind Spot Detection (BSD) System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Automotive Blind Spot Detection (BSD) System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Automotive Blind Spot Detection (BSD) System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Automotive Blind Spot Detection (BSD) System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Automotive Blind Spot Detection (BSD) System Market
TABLE 70. List of primary sources, used in the study of global Automotive Blind Spot Detection (BSD) System Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Automotive Blind Spot Detection (BSD) System Market, research methodology
FIG 2. Global Automotive Blind Spot Detection (BSD) System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Automotive Blind Spot Detection (BSD) System Market, key trends 2021
FIG 5. Global Automotive Blind Spot Detection (BSD) System Market, growth prospects 2022-2029
FIG 6. Global Automotive Blind Spot Detection (BSD) System Market, porters 5 force model
FIG 7. Global Automotive Blind Spot Detection (BSD) System Market, pest analysis
FIG 8. Global Automotive Blind Spot Detection (BSD) System Market, value chain analysis
FIG 9. Global Automotive Blind Spot Detection (BSD) System Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Automotive Blind Spot Detection (BSD) System Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Automotive Blind Spot Detection (BSD) System Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Automotive Blind Spot Detection (BSD) System Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Automotive Blind Spot Detection (BSD) System Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Automotive Blind Spot Detection (BSD) System Market, regional snapshot 2019 & 2029
FIG 15. North America Automotive Blind Spot Detection (BSD) System Market 2019 & 2029 (USD Billion)
FIG 16. Europe Automotive Blind Spot Detection (BSD) System Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Automotive Blind Spot Detection (BSD) System Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Automotive Blind Spot Detection (BSD) System Market 2019 & 2029 (USD Billion)
FIG 19. Global Automotive Blind Spot Detection (BSD) System Market, company Market share analysis (2021)