Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Sales Market Report 2021

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.

Market Analysis and Insights: Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market
The global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market was valued at US$ 3785 in 2020 and will reach US$ 5522.9 million by the end of 2027, growing at a CAGR of 6.5% during 2022-2027.

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Scope and Market Size
The global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Ultrasonic Sensor
Camera
Rador Sensor

Segment by Application
SUV
Roadster
Minivan
Others

The Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market is analysed and market size information is provided by regions (countries). Segment by Application, the Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Denso
Bosch
Continental
Delphi
TRW
Aisin
Autoliv
Valeo
Hella
GNSD