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

  • Eurosmart: nearly one billion contactless smartcards shipped in 2013
    November 18, 2013
    The global desire for solutions which combine convenience and security shows absolutely no sign of stopping, according to Eurosmart, the acknowledged voice of the smart security industry Revealing some dramatic figures at the opening of CARTES 2013 today, Eurosmart estimates that 7.2 billion Smart Secure Devices will be shipped by the end of this year, with that number growing by 7% to more 7.7 billion units in 2014.
    Read More
  • When weather warnings get hyperlocal
    August 24, 2016
    David Crawford looks at new technologies to cope with the age-old problem of driving in bad weather. On the 10-year average, between 2005 and 2014 bad weather contributed to more than 1.5 million vehicle crashes in the US each year, resulting in more than 800,000 injuries and 7,400 deaths. These were the findings of analysis by Booz Allen Hamilton of NHTSA data which concluded that the loss of life, hospital treatment and damage to assets costs an annual average of $42bn.
    Read More
  • Arup’s vision of urban mobility in 2050
    May 6, 2015
    Arup’s vision of the Future of Highways considers a wide range of factors that will impact on mobility towards the middle of the century. In its consideration of the Future of Highways through to 2050, international consultants Arup has taken a broad and pragmatic view of where society is heading and the effects that will have on the transport requirements. In terms of major drivers it not only cites
    Read More
  • ITS America 2016 demos feature V2I technology, truck cruise control, ADAS and more
    June 3, 2016
    ITS America 2016 San Jose, a new show representing this transformative moment in intelligent transportation, is centred on the theme “Integrated Mobility. Transportation Redefined.” Some of the intelligent systems redefining transportation will be on display – running, operating, waiting for close-up inspection and hands-on participation as part of “#THISisITS Exhibits and Demonstrations,” Monday, June 13, through Wednesday, June 15. For full information and registration options, visit www.itsamerica2016.or
    Read More

Highlighted Content