Global Blind Spot Object Detection System Market Information Report, By Technology (Radar Sensor and Camera), By Functioning (Automatic and Manual), by Vehicle Type (Passenger Vehicles and Commercial Vehicles and By Region - Forecast To 2023.
Pune, India -- (SBWIRE) -- 06/22/2018 -- Blind Spot Object Detection Systems Market 2018 - Global Automotive Industry Forecast to 2023 research report published by "Market Research Future", Blind Spot Object Detection Systems Market is growing at CAGR Of 17.5% by 2023, this growth is boosted by factors such as rise in concerns about car safety and comfort ability. Also, upon experiencing high demand, several manufacturers have implemented this technology in both, passenger and commercial vehicles. Moreover, the increasing number of accidents, and growing awareness about road safety, are driving the demand for blind spot object detection system in the global market. Furthermore, the government regulatory policies regarding road safety, are also expected to boost the demand.
Global Blind Spot Object Detection Systems Market Highlights:
Robert Bosch (Germany), Denso Corporation (Japan), Continental AG (Germany), Autoliv Inc (Sweden), Delphi (UK), Magna International (Canada), Mercedes (Germany), Nissan (Japan), Hitachi Automotive Systems (Japan), Mobileye (Israel) and ZF Friedrichshafen AG (Germany).
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For this study, the global blind spot object detection system market has been divided, based on technology, functioning, vehicle types, and regions. On the basis of technology, the market has been segmented as radar sensors and camera. Among these, radar sensors are likely to cover the higher market share during the forecast period. The functioning segment has further been segmented as automatic and manual. On the basis of vehicle type, the market has been segmented as passenger vehicles and commercial vehicles. Among vehicle types, passenger vehicles has accounted the highest market share, in 2016, in terms of revenue.
Based on regions, the global blind spot object detection system market has been segmented as North America, Europe, Asia Pacific and Rest of the World. Europe has accounted for the largest market share, in 2016, followed by North America and Asia Pacific. In Europe, there has been rise in the sales of luxury vehicles, which has augmented the demand for blind spot object detection systems.. Germany, UK and France are the leading countries in Europe, which have fuelled the growth of the market. North America and Asia Pacific are the second and third leading regions, in terms of revenue.
Research Institute / Education Institute
Scope of the Report:
This study provides an overview of the global blind spot object detection system market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global blind spot object detection system market by technology, by functioning, by vehicle type, and by regions.
The report for Global Blind Spot Object Detection Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Major Table of Content:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.2 RESEARCH OBJECTIVE
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER'S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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