Automotive Blind Spot Detection System Market PPT: Demand, Trends and Business Opportunities 2023-28

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Global Automotive Blind Spot Detection System
Market Research and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Automotive Blind Spot Detection System
Market Research Report The latest report by
IMARC, titled Automotive Blind Spot Detection
System Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2023-2028
" the global automotive blind spot detection
system market reached a value of US 4.9 Billion
in 2022. 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. Request Free Sample Report
https//www.imarcgroup.com/automotive-blind-spot-d
etection-system-market/requestsample
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Report Description and Highlights
Report Description

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. On
account of the aforementioned factors, the market
is expanding at a CAGR of 12.1 during
2023-2028 Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Vehicle Type
Passenger Cars Commercial Vehicles Br
eakup by Technology Radar Sensor
Ultrasonic Sensor LIDAR Sensor
Others Breakup by End User Origin
al Equipment Manufacturers (OEM)
Aftermarket Breakup by Region
North America United States
Canada

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Report Description and Highlights
Report Description
Asia Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Europe Germany
France United K
ingdom Italy S
pain Russia Ot
hers Latin America B
razil Mexico
Others Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Autoliv Inc
• Continental Aktiengesellschaft
  Delphi Technologies Plc DENSO Corporation Ficosa I
  nternational S.A. (Panasonic Corporation)
  Magna International Inc. Mando Corporation Preco E
  lectronics Inc. (Sensata Technologies)
  Robert Bosch GmbH Smart Microwave Sensors GmbH ZF
  Friedrichshafen AG (Zeppelin-Stiftung)
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/automotive-blind-spot-d
  etection-system-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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