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

  • Mercedes auto-braking gets first class rating
    September 25, 2014
    Thatcham, Britain’s leading insurance-related automotive research centre, has given top marks to the self-braking system on Mercedes latest C-Class car saying it will provide major benefits to road safety and motorists’ insurance premiums. During testing for the Euro NCAP rating, the braking system on the latest avoided collisions at speeds of up to 40km/h (25mph) by detecting an object in its path and bringing the vehicle to a halt without any driver input. To date many autonomous emergency braking (AEB)
    Read More
  • Connected vehicles, connected systems equals next generation ITS
    July 17, 2012
    Iteris has been awarded a new contract to lead a team working to update and support the United States’ National ITS Architecture. Pete Goldin reports on this latest initiative to help all US agencies’ development and application of ITS systems The United States Department of Transportation has a set of standards safeguarded for ITS for the US, with a vision for the future of transportation technology called the National ITS Architecture. This may sound like a secret plan kept in a vault somewhere, but the
    Read More
  • New technology revolution in urban traffic control?
    January 26, 2012
    Urban traffic control is a well-defined and practised art. Nevertheless, there are technologies here and on the horizon with the potential to revolutionise how we do things. By Gavin Jackman and Andrew Kirkham, TRL, and Jason Barnes. Distributed monitoring and control of urban traffic networks and flows is nothing new. PC-based Urban Traffic Control (UTC) is now well established and operating in many locations around the world. However, it is worth considering the effects of the huge growth in the use of sm
    Read More
  • Moxa receives Aon Hewitt's Best Employer 2016 Award
    September 20, 2016
    Industrial automation solutions provider Moxa has been awarded the Aon Hewitt Best Employer 2016 Award-Asia Pacific 2016, where it scored higher than average performance in the four categories, Employee Engagement, Compelling Employer Brand, Effective Leadership, and High-Performance Culture. Louis Yen, managing director of Aon Hewitt Taiwan, said he was impressed by the efforts Moxa has made to achieve a high level of employee engagement. I feel that the company's unique corporate culture helps Moxa win
    Read More

Highlighted Content