The global blind spot solutions market stood at a value of nearly USD 9.79 billion in 2019. The industry is expected to grow at a CAGR of 11% during the forecast period of 2020-2025. The industry is being driven by the rapid technological advancements and growing consumer awareness. In semi-autonomous cars, sensors such as radar, ultrasonic, LiDAR, and cameras detect the atmosphere around the vehicle. It is also possible to use blind spot alternatives such as blind-spot detection schemes, surround-view cameras, and digital side view devices to better sense the environment. The growing adoption of these blind spot solutions is expected to drive the growth of the market.
Properties and Applications
A blind spot refers to an area in our vision-range that is not properly or clearly visible to us, but which a person should technically be able to see, like, while driving a car, the area just behind our shoulders can be considered a blind spot. The global blind spot solutions industry can be divided based on segments like product type, technology, end-market, vehicle type, and electric vehicle type.
Based on its product type, the industry is segmented into:
Based on its technology, the industry is divided into camera-based systems, radar-based systems, and ultrasonic-based systems. Based on its end-market, the industry is divided into the OE market and aftermarket. Based on electrical vehicle type, the industry is categorised as BEV, FCEV, HEV, and PHEV. Based on vehicle type, the industry is categorised as passenger car, light commercial vehicle (LCV), truck, and bus.
The EMR report looks into the regional markets of blind spot solutions like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The introduction of stringent government programmes about vehicle safety, increasing consumer demand for active safety systems, the increasing adoption of smart mirrors in the automotive industry, and the growing demand for premium vehicles are driving the growth of the blind spot solutions industry globally. Further, the rising disposable incomes and the changing consumer preferences, particularly in the emerging economies, are expected to aid the industry over the forecast period.
The report presents a detailed analysis of the following key players in the global blind spot solutions industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Blind Spot Solutions Market Analysis
6.1 Global Blind Spot Solutions Market (2015-2019) & Forecast (2020-2025)
6.2 Global Blind Spot Solutions Market Breakup by Product Type
6.2.1 Blind Spot Detection System
6.2.2 Backup Camera System
6.2.3 Park Assist System
6.2.4 Surround View System
6.2.5 Virtual Pillars
6.3 Global Blind Spot Solutions Market Breakup by Product Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Blind Spot Detection System
6.3.2 Backup Camera System
6.3.3 Park Assist System
6.3.4 Surround View System
6.3.5 Virtual Pillars
6.4 Global Blind Spot Solutions Market Breakup by Technology
6.4.1 Camera-Based Systems
6.4.2 Radar-Based Systems
6.4.3 Ultrasonic-Based Systems
6.5 Global Blind Spot Solutions Market Breakup by Technology: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Camera-Based Systems
6.5.2 Radar-Based Systems
6.5.3 Ultrasonic-Based Systems
6.6 Global Blind Spot Solutions Market Breakup by End Market
6.6.1 OE Market
6.7 Global Blind Spot Solutions Market Breakup by End Market: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 OE Market
6.8 Global Blind Spot Solutions Market Breakup by Electric Vehicle Type
6.9 Global Blind Spot Solutions Market Breakup by Electric Vehicle Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.10 Global Blind Spot Solutions Market Breakup by Vehicle Type
6.10.1 Passenger Car
6.10.2 Light Commercial Vehicle (LCV)
6.11 Global Blind Spot Solutions Market Breakup by Vehicle Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.11.1 Passenger Car
6.11.2 Light Commercial Vehicle (LCV)
6.12 Global Blind Spot Solutions Market Breakup by Region
6.12.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.12.3 Asia Pacific
6.12.4 Latin America
6.12.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
6.13 Global Blind Spot Solutions Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.13.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.13.3 Asia Pacific
6.13.4 Latin America
6.13.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Continental [CON (ETR)]
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Denso [6902 (TYO)]
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Valeo [FR (EPA)]
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Aptiv [APTV (NYSE)]
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Magna [MGA (NYSE)]
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Autoliv [ALV (NYSE)]
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 ZF Friedrichshafen
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10 Gentex [GNTX (NASDAQ]
9.10.1 Company Overview
9.10.2 Financial Analysis
10 Events and Development
Additional Customization Available:
11 Procurement Strategy
11.1 Value Chain Analysis
11.2 Contract Terms
11.3 Buying and Sourcing Trends
11.4 Storage and Warehousing
11.5 Certifications and Regulations
11.6 Risk Factors
12 Trade Data Analysis
12.1 Major Exporting Countries: By Value and Volume
12.2 Major Importing Countries: By Value and Volume
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Cost Analysis and Project Economics
14.1 Land, Location and Site Development
14.3 Plant Machinery
14.4 Cost of Raw Material
14.9 Other Capital Investment
15 Production Cost Analysis
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