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Blind Spot Solutions Market

Global Blind Spot Solutions Market Size, Share, Forecast: By Product Type: Blind Spot Detection System, Backup Camera System, Park Assist System, Surround View System, Virtual Pillars; By Technology; By End Use; By Electric Vehicle Type; By Vehicle Type; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Blind Spot Solutions Market Outlook

The global blind spot solutions market stood at a value of nearly USD 13.39 billion in 2023. The industry is expected to grow at a CAGR of 11% during the forecast period of 2024-2032.

 

Blind Spot Solutions Market

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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.

 

Blind Spot Solutions Market By Segments

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Based on its product type, the industry is segmented into:

  • Blind Spot Detection System 
  • Backup Camera System 
  • Park Assist System 
  • Surround View System    
  • Virtual Pillars

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.

 

Market Analysis

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.

 

Blind Spot Solutions Market By Region

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Competitive Landscape

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:

  • Robert Bosch GmbH
  • Continental AG
  • Denso
  • Valeo
  • Aptiv Inc.
  • Magna International Inc.
  • Autoliv
  • Ficosa
  • ZF Friedrichshafen
  • Gentex
  • Others

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 Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Technology
  • End Use
  • Electric Vehicle Type
  • Vehicle Type
  • Region
Breakup by Product Type
  • Blind Spot Detection System
  • Backup Camera System
  • Park Assist System
  • Surround View System
  • Virtual Pillars
Breakup by Technology
  • Camera-Based Systems
  • Radar-Based Systems
  • Ultrasonic-Based Systems
Breakup by End Use
  • OE Market
  • Aftermarket
Breakup by Electric Vehicle Type
  • BEC
  • FCEV
  • HEV
  • PHEV
Breakup by Vehicle Type
  • Passenger Car
  • Light Commercial Vehicle
  • Truck
  • Bus
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Robert Bosch GmbH
  • Continental AG
  • Denso
  • Valeo
  • Aptiv Inc.
  • Magna International Inc.
  • Autoliv
  • Ficosa
  • ZF Friedrichshafen
  • Gentex
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Blind Spot Solutions Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Blind Spot Solutions Historical Market (2018-2023) 
    8.3    Global Blind Spot Solutions Market Forecast (2024-2032)
    8.4    Global Blind Spot Solutions Market by Product Type
        8.4.1    Blind Spot Detection System
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Backup Camera System
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Park Assist System
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Surround View System
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Virtual Pillars
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
    8.5    Global Blind Spot Solutions Market by Technology
        8.5.1    Camera-Based Systems
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Radar-Based Systems
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Ultrasonic-Based Systems
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Blind Spot Solutions Market by End Use
        8.6.1    OE Market 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Aftermarket
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Blind Spot Solutions Market by Electric Vehicle Type
        8.7.1    BEC
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    FCEV
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    HEV
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    PHEV
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
    8.8    Global Blind Spot Solutions Market by Vehicle Type
        8.8.1    Passenger Car
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Light Commercial Vehicle
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Truck
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Bus
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
    8.9    Global Blind Spot Solutions Market by Region       
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.8    Middle East and Africa
            8.9.8.1    Historical Trend (2018-2023) 
            8.9.8.2    Forecast Trend (2024-2032) 
9    North America Blind Spot Solutions Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Blind Spot Solutions Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Blind Spot Solutions Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Blind Spot Solutions Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Blind Spot Solutions Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Robert Bosch GmbH
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Continental AG
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3     Denso
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Valeo
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Aptiv Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Magna International Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Autoliv
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Ficosa 
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    ZF Friedrichshafen 
            16.2.9.1    Company     Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Gentex 
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Blind Spot Solutions Market: Key Industry Highlights, 2018 and 2032
2.    Global Blind Spot Solutions Historical Market: Breakup by Product Type (USD Million), 2018-2023
3.    Global Blind Spot Solutions Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4.    Global Blind Spot Solutions Historical Market: Breakup by Technology (USD Million), 2018-2023
5.    Global Blind Spot Solutions Market Forecast: Breakup by Technology (USD Million), 2024-2032
6.    Global Blind Spot Solutions Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Blind Spot Solutions Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Blind Spot Solutions Historical Market: Breakup by Electric Vehicle Type (USD Million), 2018-2023
9.    Global Blind Spot Solutions Market Forecast: Breakup by Electric Vehicle Type (USD Million), 2024-2032
10.    Global Blind Spot Solutions Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
11.    Global Blind Spot Solutions Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
12.    Global Blind Spot Solutions Historical Market: Breakup by Region (USD Million), 2018-2023
13.    Global Blind Spot Solutions Market Forecast: Breakup by Region (USD Million), 2024-2032
14.    North America Blind Spot Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
15.    North America Blind Spot Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Europe Blind Spot Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Europe Blind Spot Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Asia Pacific Blind Spot Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Asia Pacific Blind Spot Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Latin America Blind Spot Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Latin America Blind Spot Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Middle East and Africa Blind Spot Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
23.    Middle East and Africa Blind Spot Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
24.    Global Blind Spot Solutions Market Structure

Key Questions Answered in the Report

The global blind spot solutions market reached a value of nearly USD 13.39 billion in 2023.

In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 11%.

The major drivers of the market, such the increasing adoption of smart mirrors in the automotive industry and the growing demand for premium vehicles, are expected to aid the industry growth.

The rising disposable incomes and the changing consumer preferences, particularly in the emerging economies, are expected to define the market growth in the coming years.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.

The leading product type of blind spot solutions in the market are blind spot detection system, backup camera system, park assist system, surround view system, and virtual pillars.

The significant technology segments in the industry are camera-based systems, radar-based systems, and ultrasonic-based systems.

The major end markets in the industry are OE market and aftermarket.

The major electrical vehicle types in the market are BEC, FCEV, HEV, and PHEV.

The leading vehicle types of blind spot solutions in the industry are passenger car, light commercial vehicle (LCV), truck, and bus.

The major players in the market are Robert Bosch GmbH, Continental AG, Denso, Valeo, Aptiv Inc., Magna International Inc., Autoliv, Ficosa, ZF Friedrichshafen, Gentex, Others.

Analyst Review

The global blind spot solutions market attained a value of nearly USD 13.39 billion in 2023, driven by the increasing adoption of smart mirrors in the automotive industry, and the growing demand for premium vehicles. Aided by the growing adoption of rising disposable incomes and the changing consumer preferences, particularly in the emerging economies, the market is expected to further grow at CAGR of 11% in the forecast period of 2024-2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of product type, the market is segmented into blind spot solutions are blind spot detection system, backup camera system, park assist system, surround view system, and virtual pillars. Based on technology, the industry is divided into camera-based systems, radar-based systems, and ultrasonic-based systems. By End Use, the market is segmented into OE market and aftermarket. On the basis of electrical vehicle type, the market is segmented into BEC, FCEV, HEV, and PHEV. Based on the vehicle type, the industry is categorised as passenger car, light commercial vehicle (LCV), truck, and bus. The major regional markets for the product are North America, Latin America, Europe, the Asia Pacific, and the Middle East and Africa. The key players in the above industry include Robert Bosch GmbH, Continental AG, Denso, Valeo, Aptiv Inc., Magna International Inc., Autoliv, Ficosa, ZF Friedrichshafen, Gentex, Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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