Los Angeles, CA -- (SBWIRE) -- 01/30/2019 -- Blind Spot Detection (BSD) system is a sensor based detection system implemented in automobiles that is used for monitoring vehicles at the rear and side of the driver/vehicle. Such systems generate tactile, audible, vibrating or visual form of warnings. They also assist the driver at the parking lots when there are other vehicles approaching from the sides. Blind spots are caused due to various objects such as passengers, headrests and window pillars. Mirrors are generally used to remove the blind spots but the disadvantage being that they leave huge dead on all the sides of the vehicle. BSD systems, with the help of cameras and sensor systems generate information about various objects that are outside the range of driver's vision.
Adaptive cruise control is similar to conventional cruise control in that it maintains the vehicle's pre-set speed. However, unlike conventional cruise control, this new system can automatically adjust speed in order to maintain a proper distance between vehicles in the same lane. This is achieved through a radar headway sensor, digital signal processor and longitudinal controller. If the lead vehicle slows down, or if another object is detected, the system sends a signal to the engine or braking system to decelerate. Then, when the road is clear, the system will re-accelerate the vehicle back to the set speed.

The rising number of accidents due to increase in traffic flow is one of the prime reason that is contributing to the growth of BSD and ACC system market. The implementation of such safety systems by the automobile industry has rapidly increased. BSD and ACC systems ensure safety of the passengers; customers are frequently looking for such advanced safety features and are also willing to pay.

Contributing to the growth of this market is the stiff competition among the automobile manufacturers. The manufacturers are continuously upgrading their models so as to cater to the huge demand of innovative safety features that can be used for various applications. The increasing use of sensors due to the advancements in technology is another factor that is contributing to the growth of this market.

The global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

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This report focuses on Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System volume and value at global level, regional level and company level. From a global perspective, this report represents overall Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Denso

Bosch

Continental

Delphi

TRW

Aisin

Autoliv

Valeo

Hella

GNSD

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Ultrasonic Sensor

Camera

Rador Sensor

Segment by Application

SUV

Roadster

Minivan

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