Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market Insights and Forecast to 2027

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 is valued at US$ 3320.9 million in 2019. The market size will reach US$ 5185.8 million by the end of 2026, growing at a CAGR of 6.5% during 2021-2026.

Global Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Scope and Segment
Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System market is segmented 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 production capacity, revenue and forecast 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

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

Production by Region
North America
Europe
China
Japan
South Korea
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions