Global Blind Spot Object Detection System Market Is Predicted To Grow At A CAGR Of 13% By 2030

Pune, India, December 01, 2017 /MRFR Press Release/- Market Research Future published a half cooked research report on global blind spot object detection system market. The blind spot object detection system market is expected to grow at ~ 13% CAGR during the period 2022 to 2030.

Market Highlights

The global blind spot object detection system market is constantly evolving. It is expected to witness significant growth over the forecast period.  The global market has experienced that the users have now become more concerned about driving safety as the number of car crashes have increased. As a result, the demand for blind spot object detection system, among users, has increased.

The blind spot object detection system market is benefiting by the rise in concerns about car safety and comfortability. Also, upon experiencing high demand, several manufacturers have implemented this technology in both, passenger and commercial vehicles. Moreover, the increasing number of accidents, and growing awareness about road safety, are driving the demand for blind spot object detection system in the global market. Furthermore, the government regulatory policies regarding road safety, are also expected to boost the demand. In spite of these factors, the higher cost of technology, and availability of the system in luxury vehicles alone, are expected to hinder the market growth. The global blind spot object detection system market is expected to grow at ~13% CAGR during forecast period.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Blind Spot Object Detection System Market Research Report

Market Drivers:

Market Research Analysis:

Based on regions, the global blind spot object detection system market has been segmented as North America, Europe, Asia Pacific and Rest of the World. Europe has accounted for the largest market share, in 2016, followed by North America and Asia Pacific. In Europe, there has been rise in the sales of luxury vehicles, which has augmented the demand for blind spot object detection systems.. Germany, UK and France are the leading countries in Europe, which have fuelled the growth of the market. North America and Asia Pacific are the second and third leading regions, in terms of revenue.

Scope of the Report:

This study provides an overview of the global blind spot object detection system market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global blind spot object detection system market by technology, by functioning, by vehicle type, and by regions.

By Technology

• Radar Sensor


• Camera

By Functioning

• Automatic


• Manual

By Vehicle Type

• Passenger Vehicles


• Commercial Vehicles

By Regions

• North America 


• Asia Pacific 


• Europe


• Rest of the World  

Key Players:

The prominent players in the blind spot object detection system market include Robert Bosch (Germany), Denso Corporation (Japan), Continental AG (Germany), Autoliv Inc (Sweden), Delphi (UK), Magna International (Canada), Mercedes (Germany), Nissan (Japan), Hitachi Automotive Systems (Japan), Mobileye (Israel) and ZF Friedrichshafen AG (Germany).