Global Automotive Blind Spot Detection Market Trends and Forecast Report Up to 2020: Radiant Insights, Inc

Global Automotive Blind Spot Detection Market Size, Analysis

and Forecasts 2019 by Radiant Insights

Market outlook of the global automotive blind spot detection market

Technavios research analysts predict a market growth rate of over 21% from 2015 to 2019. Recent advances in

technology in the global automobile market have augmented the position and importance of safety systems in the

market.

Analysts expect the demand for automotive blind spot detection to grow considerably during the forecast period.

This market is driven by an increasing emphasis on safety solutions with automakers stressing on differentiating

themselves in the auto market.

Also, enactment of stern regulations by government and transport authorities, owing to an increase in accidents

caused by the abrupt shifting of lanes without noticing and analyzing the rear-view and blind spot, and

necessitates its adoption.

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Segmentation of global automotive blind spot detection by end-market

Aftermarket

OEM

In terms of revenue, OEMs accounted for close to 92% of the global revenue generated from the sale of BSD

system in 2014. Owing to the increasing safety concerns among the consumers, the demand for BSD systems is

expected to increase further in the coming years.

Geographical segmentation of the global automotive blind spot detection market

APAC

Americas

EMEA

Global automotive BSD market is geographically well diversified across the Americas, EMEA, and APAC. The

Americas accounted for a more than 45% share of the market in 2014.

Leading vendors analyzed by this report

Auto-i

Continental

Valeo

Xiamen Autostar Electronics

ZF TRW

The other prominent vendors of this market include Delphi Automotive, Bosch, Ford Motor, Preco, Delphi, DENSO,

Autoliv, and Ficosa.

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