Blind spot detection and adaptive cruise control systems markets forecast to 2019

The MarketsandMarkets report, Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market for Passenger Cars; by Geography - Trends and Forecasts 2014 - 2019, indicates that the BSD market will be worth US$2.8 billion and the ADCC market worth US$6.1 million by 2019. The report classifies and defines the automotive BSD and ACC systems market in terms of volume and value. It report highlights potential growth opportunities in the coming years as well as covers review of the market dr
August 15, 2014 Read time: 3 mins

The 6418 MarketsandMarkets report, Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market for Passenger Cars; by Geography - Trends and Forecasts 2014 - 2019, indicates that the BSD market will be worth US$2.8 billion and the ADCC market worth US$6.1 million by 2019.

The report classifies and defines the automotive BSD and ACC systems market in terms of volume and value. It report highlights potential growth opportunities in the coming years as well as covers review of the market drivers, restrains, growth indicators, challenges, legislation trends, market dynamics, competitive landscape, and other key aspects of the automotive active safety systems market.

The Asia-Pacific region includes developing countries such as China, India, and Thailand. Factors such as rising market penetration of premium cars, increasing vehicle sales and safety installations per vehicles are accelerating the demand of BSD and ACC systems. Suppliers such as Robert 311 Bosch, Germany, 260 Continental, Germany, 7207 Delphi Automotive, UK and 4306 Denso Corporation of Japan are the dominant players in this region that are anticipated to drive the demand for the BSD and ACC systems.

In 2009, Europe experienced an economic downturn that affected many industries within the region and is currently in its recovery phase. However, the BSD and ACC systems market is projected to show a stable growth rate for the period under study. Europe is the major market for automotive BSD and ACC Systems and home to a number of automotive safety system suppliers such as Robert Bosch and Continental.

The Americas region, comprising the US, Mexico, Brazil, Canada, and others shows healthy growth rate. Mexico and Brazil are the emerging economies in this segment.

The United States New Car Assessment Program (US NCAP) is a flagship consumer information program of the U.S. Department of Transportation's 834 National Highway Traffic Safety Administration (NHTSA). In the coming years, US NCAP will adjust its rating system to reflect the improvements in the safety features of US vehicles. This will make it more stringent for a vehicle to achieve top ratings, thus encouraging manufacturers to produce vehicles exceeding the minimum federal safety requirements. This is expected to positively affect the BSD and ACC systems market. Automotive safety systems suppliers such as Robert Bosch, Continental, Delphi Automotive and Denso Corporation have a major presence in the Americas region.

Location Based Systems

Related Content

  • Autonomous driving and emissions regulations fuelling 48v power-net
    February 17, 2017
    The launch of autonomous vehicles and a host of electronic components render the current 12-volts (v) battery nearly unusable, says a new report by Frost & Sullivan, Strategic Analysis of the Global 48v Power-net Market. To meet stringent global emissions regulations and offer a basic semi-autonomous system, original equipment manufacturers (OEMs) must electrify components while offering a bigger source of power. Therefore, OEMs plan to migrate to a 48v power-net and use two voltages. Heavy-duty, power-h
    Read More
  • Monitoring, detection and control systems inside tunnels can do much to improve traveller safety
    August 6, 2013
    ITS technology can do a great deal to improve tunnel safety, as Colin Sowman discovers. It was back in April 2004 that the European Parliament adopted the EU Directive which lays down the Minimum Safety Requirements for Tunnels in the Trans-European Road Network (2004/54/EC). This was the first unitary legislation setting minimum safety standards for European road tunnels and was designed to harmonise the management of tunnel safety at a national level. Operators of existing tunnels have until 30 April 201
    Read More
  • New FIA Region I policy position on road infrastructure and tunnel safety
    February 17, 2017
    FIA Region I has welcomed the European Commission’s plan to revise and merge the road infrastructure safety management directive and the directive on minimum safety requirements for tunnels since many of the problems that road users face today are linked with poor maintenance of road infrastructure. FIA Region I believes that road management authorities should be obliged by the EU and member states to ensure a minimum level of road maintenance. A well-developed and maintained road network enables safe, e
    Read More
  • Visteon completes sale of automotive lighting business
    August 3, 2012
    Visteon Corporation has completed the sale of its automotive lighting business to Varroc Group, based in Aurangabad, India and a global provider of automotive parts, for $72 million in cash, subject to price adjustments. The two companies announced plans for the sale on March 12.
    Read More

Highlighted Content