Blind Spot Detection System and Adaptive Cruise Control System 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.

Blind Spot Detection System and Adaptive Cruise Control System Market contains market size and forecasts of Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System in global, including the following market information:

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System companies in 2021 (%)

The global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market was valued at 3894.6 million in 2021 and is projected to reach US$ 5941.8 million by 2028, at a CAGR of 6.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Ultrasonic Sensor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System include Denso, Bosch, Continental, Delphi, TRW, Aisin, Autoliv, Valeo and Hella and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market Segment Percentages, by Type, 2021 (%)

Ultrasonic Sensor

Camera

Rador Sensor

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market Segment Percentages, by Application, 2021 (%)

SUV

Roadster

Minivan

Others

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System revenues share in global market, 2021 (%)

Key companies Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Denso

Bosch

Continental

Delphi

TRW

Aisin

Autoliv

Valeo

Hella

GNSD