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

  • Deaths of US pedestrians rise sharply, says GHSA report
    April 2, 2019
    Pedestrian deaths across the US have risen to their highest number in nearly 30 years. Many factors are responsible - including the rise and rise of SUVs - according to a worrying new GHSA report ore pedestrians died on US roads last year than in any year since 1990. The Governors Highway Safety Association (GHSA) suggests that 6,227 pedestrians were killed in 2018 – a 4% increase on 2017. Pedestrian deaths as a percentage of total motor vehicle crash deaths increased from 12% in 2008 to 16% in 2017, whi
    Read More
  • Video developments in automatic incident detection
    May 22, 2012
    David Crawford reviews technological progress with automatic incident detection Highway safety problems are likely to intensify given recent predictions of future traffic growth across the world. In the United States, the National Highway Traffic Safety Administration (NHTSA) reports that currently over 30,000 deaths and 1.5 million injuries occur as the result of accidents on the nation’s roads each year. These figures will increase with the number of kilometres travelled each year in the US expected to gr
    Read More
  • Positive outlook for Q-Free
    August 15, 2013
    Q-Free reported revenue of US$25 million for the second quarter 2013, an increase of 29 per cent from the same quarter last year. Operating profit (EBIT) improved to a positive US$51,000 from an operating loss of US$3.8 million in the same period last year. Loss before tax was reduced to US$391,000 from a loss of US$3.9 in the second quarter 2012. The improved earnings mainly reflect changes in the revenue composition, with higher product and service and maintenance revenue.
    Read More
  • ITS America applauds US DOT decision to accelerate automated and connected vehicle projects
    January 15, 2016
    The Intelligent Transportation Society of America’s (ITS America) President and CEO Regina Hopper has applauded the announcement by US Transportation Secretary Anthony Foxx that the Obama Administration has proposed US$4 billion over 10 years for automated and connected vehicle pilot projects that accelerate vehicle safety technologies. Secretary Foxx also announced that the US DOT is removing potential roadblocks to the integration of innovative, transformational automotive technology that can signific
    Read More

Highlighted Content