Automotive Blind Spot Detection System Market by Component Type (Ultrasonic, RADAR, Camera), by Vehicle Type (Passenger Cars, Commercial Vehicles), by By Geography (North America), by Europe (U.K., Germany, France, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Rest of Asia Pacific), by Rest of the World Forecast 2024-2032
The Automotive Blind Spot Detection System Market size was valued at USD 6.02 USD Billion in 2023 and is projected to reach USD 19.99 USD Billion by 2032, exhibiting a CAGR of 18.7 % during the forecast period. An Automotive Blind Spot Detection System is an advanced driver assistance system (ADAS) designed to enhance safety by detecting and alerting drivers to the presence of vehicles or objects in their blind spots. They are used for the detection of vehicles in blind spots, lane change assistance, parking assistance, and more. They have several components, such as a switch to activate or deactivate the system and two radar sensors located in the rear wings of the vehicle, behind the bumper, or integrated into it. Some manufacturers, instead of these radars, use ultrasonic sensors arranged around the bumpers, control unit, warning indicator (visual, audible, or a combination of the two), and braking system. The overall growth of the automotive industry and increasing vehicle sales worldwide contribute to the expansion of the blind spot detection system market. As more vehicles are equipped with blind spot detection systems, either as standard features or optional upgrades, the market naturally experiences growth.
Component Type
Vehicle Type
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 18.7% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 18.7% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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