Analysts expect the demand for automotive blind spot detection to grow considerably during the forecast period. This market is driven by an increasing emphasis on safety solutions with automakers stressing on differentiating themselves in the auto market.
Pune, Maharashtra -- (SBWIRE) -- 01/18/2017 -- Automotive Blind Spot Detection Market Research analysis identifies the increased adoption of automotive safety systems by carmakers as one of the primary growth factors for the blind spot detection system market. With the introduction of stringent regulations that have made passenger safety one of the major concerns, there will be an increased adoption of active safety systems by automotive manufacturers to prevent vehicle accidents and protect passengers from injury.
The Global Automotive Blind Spot Detection Market will grow steadily during the next four years and post an impressive CAGR of more than 24% by 2020.
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Though the market is currently dominated by the Americas, the presence of a number of automotive safety system suppliers in the region such as Bosch and Continental, the growth of the automotive industry, and the introduction of policies by the European Commission to encourage healthy competitiveness among the players in the automotive industry, will bolster the market's growth prospects in EMEA in the coming years.
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Leading Vendors analyzed by this report
- Xiamen Autostar Electronics
- ZF TRW
The report covers the present scenario and the growth prospects of the global automotive blind spot detection market for 2016-2020. To calculate the market size, the report considers a combination of top down and bottom up approaches, wherein our in-house databases have been used to arrive at the global BSD market.
Report also presents Geographical Segmentation analysis of Automotive Blind Spot Detection Market of Americas, APAC, EMEA region.
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Key questions answered in Automotive Blind Spot Detection Market report:
- What will the Automotive Blind Spot Detection Market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Automotive Blind Spot Detection Market?
- What are the challenges to Automotive Blind Spot Detection Market growth?
- Who are the key vendors in Automotive Blind Spot Detection Market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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List of Exhibits in Electric Vehicle Transmission Market report:
- Exhibit 01: Product offerings
- Exhibit 02: Impact of drivers
- Exhibit 03: Impact of drivers and challenges
- Exhibit 04: Key countries in each region
- Exhibit 05: Global Automotive Blind Spot Detection Market shares by geographies 2015
- Exhibit 06: Global Automotive Blind Spot Detection Market shares by geographies 2020
- Exhibit 07: Geographical segmentation by revenue 2015
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