According to the latest report by IMARC Group, titled "Automotive Blind Spot Detection System Market Report by Vehicle Type (Passenger Cars, Commercial Vehicles), Technology (Radar Sensor, Ultrasonic Sensor, LIDAR Sensor, and Others), End User (Original Equipment Manufacturers (OEM), Aftermarket), and Region 2025-2033," the global automotive blind spot detection system market reached a value of USD 6.1 Billion in 2024. The automotive blind spot detection (BSD) system is a sensor-based active safety system that is designed for passenger safety. It is widely employed in automobiles to identify objects in the periphery of the vehicles with the help of embedded sensors and digital cameras that utilize electromagnetic waves or computer-processed images to determine the presence of objects. These systems utilize tactile, audible, vibrating or visual signals to alert the driver regarding the presence of the objects or vehicles that are present at the blind spot areas of adjacent lanes of traffic. As a result, they are widely being equipped in passenger and commercial vehicles to avoid road accidents.
Global Automotive Blind Spot Detection System Market Trends:
The market is primarily driven by the increasing safety concerns among the users regarding vehicle safety. Coupled with the thriving automotive industry on the global level, there has been a rising demand for advanced safety technologies to be integrated with numerous automobiles. There has also been a considerable rise in the number of road accidents. This has led to the growing awareness regarding road safety among the masses, which, in turn, has impelled the demand for BSD systems in automobiles. This is also being supported by the numerous measures undertaken by the government to spread awareness regarding the importance of road safety. The market is further driven by the increasing preference for luxury vehicles that are equipped with advanced and innovative technologies, supported by the inflating disposable income levels of the masses. Moreover, numerous players are now integrating commercial vehicles with radar-based BSD systems for long, medium and short-range object detection, which is providing a thrust to the market growth. In addition to this, they are also introducing innovative products, such as smart mirrors and multicamera systems that are extensively being integrated with the blind spot detection systems in an attempt to offer improved convenience and enhanced safety to the users. Looking forward, the market value is projected to reach USD 15.3 Billion by 2033, expanding at a CAGR of 10.2% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Vehicle Type, Technology, End User, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Autoliv Inc., Continental Aktiengesellschaft, Delphi Technologies Plc, DENSO Corporation, Ficosa International S.A. (Panasonic Corporation), Magna International Inc., Mando Corporation, Preco Electronics Inc. (Sensata Technologies), Robert Bosch GmbH, Smart Microwave Sensors GmbH and ZF Friedrichshafen AG (Zeppelin-Stiftung) |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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