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The World Market for Blind Spot Solutions to 2027: Focus on BSD, Park Assist, Backup Camera, Surround View & Virtual PillarDUBLIN, June 19, 2019 /PRNewswire/ -- The "Blind Spot Solutions Market by Product Type (BSD, Park Assist, Backup Camera, Surround View & Virtual Pillar), Technology (Camera, radar & Ultrasonic), End Market (OE & Aftermarket), Electric Vehicle, Vehicle Type & Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. Global Blind Spot Solutions Market is Projected to Grow at a CAGR of 13.2% Advent of autonomous vehicles and increasing demand for semi-autonomous vehicle The demand for semi-autonomous vehicles has increased significantly in the last few years, which has accelerated the growth of the blind spot solutions market. Semi-autonomous vehicles are self-driven vehicles with the ability to sense their environment and navigate to the destination with partial human-based physical input or voice commands. The main reason for the increasing adoption of semi-autonomous and autonomous vehicles is increased safety. Therefore, a large number of safety features will be integrated into such vehicles. In semi-autonomous vehicles, the environment around the vehicle is detected through sensors such as radar, ultrasonic, LiDAR, and cameras. Blind spot solutions such as blind spot detection system, surround view camera, and digital side view systems can also be used to sense the environment better. Hence, increasing adoption of semi-autonomous and autonomous vehicles will boost the blind spot solutions market. The R&D activities on autonomous vehicles are continuously growing in the region. China and Japan are the leading countries from the technology perspective. Japan is planning to start truck platooning tests in 2018 and aims to commercialize autonomous trucks by 2022. This will boost the growth of blind spot solutions market in the Asia Oceania region. Passenger car is expected to be the largest vehicle type segment in the blind spot solutions market Governments around the world are planning to mandate active safety systems in passenger cars. In the US and Canada, backup cameras are mandated for cars manufactured from May 2018 onward. These mandates are likely to drive the blind spot solutions market for passenger cars. The increasing demand for luxury vehicles in developing countries is another driving factor for the growth of blind spot solutions market. Key Topics Covered 1 Introduction 1.3.2 Years Considered in the Study 1.4 Currency & Pricing 1.5 Package Size 1.6 Limitations 1.7 Stakeholders 2 Research Methodology 2.1 Research Data 2.2 Secondary Data 2.2.1 Key Secondary Sources 2.2.2 Key Data From Secondary Sources 2.3 Primary Data 2.3.1 Sampling Techniques & Data Collection Methods 2.3.2 Primary Participants 2.4 Market Size Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Data Triangulation 2.6 Assumptions 3 Executive Summary 4 Premium Insights 4.1 Attractive Opportunities in the Blind Spot Solutions Market 4.2 Blind Spot Solutions Market: Major Countries 4.3 Blind Spot Solutions Market in Europe, By Product Type and Country 4.4 Blind Spot Solutions Market, By Technology Type 4.5 Blind Spot Solutions Market, By End Market 4.6 Blind Spot Solutions Market, By Electric Vehicle Type 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Introduction of Stringent Government Programs Pertaining to Vehicle Safety 5.2.1.2 Increasing Consumer Demand for Active Safety Systems 5.2.1.3 Increasing Adoption of Smart Mirrors in Automotive Industry 5.2.1.4 Increasing Demand for Premium Vehicles 5.2.2 Restrains 5.2.2.1 Regulations Pertaining to Mirror-less Vehicles 5.2.2.2 Usage of Radar Detectors Considered Illegal in Some Countries 5.2.3 Opportunities 5.2.3.1 Advent of Autonomous Vehicles and Increasing Demand for Semi-Autonomous Vehicle 5.2.3.2 High Growth Potential of Multi-camera Systems in Emerging Markets 5.2.4 Challenges 5.2.4.1 Constraints in Real-Time Image Processing in Surround View Systems 5.2.4.2 Threat of Security and Environmental Constraints 6 Industry Trends 6.1 Value Chain Analysis 6.2 Impact of Semi-Autonomous and Autonomous Vehicles on Blind Spot Solutions Market 6.3 Marco Indicator Analysis 6.3.1 Introduction 6.3.2 Macro Indicators Influencing the Automotive Blind Spot Solutions Market for Top 3 Countries 6.3.2.1 United States 6.3.2.2 Germany 6.3.2.3 Japan 6.4 Porter's 5 Forces 7 Blind Spot Solutions Market, By Product Type 7.1 Introduction 7.2 Research Methodology 7.3 Blind Spot Detection System 7.3.1 Presence of Many Luxury Vehicle Manufacturer in the Europe is Expected to Drive the Market 7.4 Backup Camera System 7.4.1 The Mandate for Backup Camera System in US and Canada Will Propel the North American Market. 7.5 Park Assist System 7.5.1 OEMs are Offering Park Assist System as A Standard Feature in European Region 7.6 Surround View System 7.6.1 Increasing Acceptance of Semi-Autonomous Vehicle Across Globe to Drive Surround View System Market 7.7 Virtual Pillars 7.7.1 Demand for Safety Features to Drive the Virtual Pillar Market 7.8 Key Industry Insights 8 Blind Spot Solutions Market, By Technology Type 8.1 Introduction 8.2 Research Methodology 8.3 Camera-Based Systems 8.3.1 Fast Paced Development of Camera Technology in Automotive Industry to Drive the Camera Based System Market 8.4 Radar-Based Systems 8.4.1 High Accuracy and Efficiency of Radars to Drive Radar Based Blind Spot Solutions Market 8.5 Ultrasonic-Based Systems 8.5.1 Rising Adoption of Park Assist System to Propel Ultrasonic Based System Market 8.6 Industry Insights 9 Blind Spot Solutions Market, By End Market 9.1 Introduction 9.2 Research Methodology 9.3 OE Market 9.3.1 Government Mandates to Drive the OE Blind Spot Solutions Market 9.4 Aftermarket 9.4.1 Asia Oceania is Estimated to Lead the Blind Spot Solutions Aftermarket 9.5 Key Industry Insights 10 Blind Spot Solutions Market, By Electric Vehicle Type 10.1 Introduction 10.2 Research Methodology 10.3 BEV 10.3.1 Rising Concern About Automotive Emission to Drive BEV Market 10.4 FCEV 10.4.1 North America to Lead FCEV Blind Spot Solutions Market 10.5 HEV 10.5.1 Asia Oceania to Lead the HEV Blind Spot Solutions Market 10.6 PHEV 10.6.1 North America to Lead PHEV Blind Spot Solutions Market 10.7 Key Industry Insights 11 Blind Spot Solutions Market, By Vehicle Type 11.1 Introduction 11.2 Research Methodology 11.3 Passenger Car 11.3.1 Europe to Lead Passenger Car Blind Spot Solutions Market 11.4 Light Commercial Vehicle (LCV) 11.4.1 High Demand of LCVs in US to Drive North American Blind Spot Market for LCV 11.5 Truck 11.5.1 Blind Spot Solutions Market for Truck Segment is Projected to Grow the Fastest 11.6 Bus 11.6.1 High Demand for Public Transportation to Drive Bus Blind Spot Solutions Market 11.7 Key Industry Insights 12 Blind Spot Solutions Market, By Region 12.1 Introduction 12.2 Asia Oceania 12.2.1 China 12.2.1.1 Growing Vehicle Production in China is Expected to Drive the Blind Spot Solutions Market in the Country 12.2.2 India 12.2.2.1 Increasing Government Focus on Vehicle Safety to Drive the Indian Blind Spot Solutions Market 12.2.3 Japan 12.2.3.1 Rising Adoption of Advance Technology in Vehicles in Japan to Drive the Market 12.2.4 South Korea 12.2.4.1 OEMs Focus on Safety Related System in South Korea to Drive the Market 12.2.5 Thailand 12.2.5.1 Backup Camera System to Lead Thailand Market 12.2.6 Rest of Asia Oceania 12.2.6.1 Backup Camera System to Lead Rest of Asia Oceania Market 12.3 Europe 12.3.1 France 12.3.1.1 Increasing Demand for Premium Segment Vehicles to Drive Blind Spot Solutions Market in France 12.3.2 Germany 12.3.2.1 The Presence of Major Automobile Manufacturers and Its Focus on the Development of Advanced Technology to Drive German Blind Spot Solutions Market 12.3.3 Russia 12.3.3.1 Increasing Focus of OEMs to Cater to the Demand in the Russian Market has Propelled the Russian Automotive Industry 12.3.4 Spain 12.3.4.1 Backup Camera System Market in Terms of Volume to Lead Spain Market 12.3.5 Turkey 12.3.5.1 Increasing Per Capita Income Will Increase the Purchasing Power 12.3.6 UK 12.3.6.1 Increased Production of Vehicles Equipped With Advanced Electronic Components to Drive UK Market 12.3.7 Rest of Europe 12.3.7.1 Significant Vehicle Production and Technologically Advanced Automotive Industry to Drive Rest of Europe Market 12.4 North America 12.4.1 Canada 12.4.1.1 Canadian Backup Camera System Market is Driven By the Mandate the System 12.4.2 Mexico 12.4.2.1 Growing Vehicle Production and Rising Vehicle Export is Expected to Drive Mexican Market 12.4.3 US 12.4.3.1 Fast Pace Development of Semi-Autonomous and Autonomous Vehicle to Drive US Market 12.5 Rest of the World (RoW) 12.5.1 Brazil 12.5.1.1 Surround View System Market is Projected to Be the Fastest Growing 12.5.2 Iran 12.5.2.1 Backup Camera System Market is Estimated to Be the Largest 12.5.3 Rest of RoW 12.5.3.1 Park Assist Market is Estimated to Be Second Largest 13 Competitive Landscape 13.1 Overview 13.2 Market Ranking Analysis 13.3 Competitive Scenario 13.3.1 New Product Developments 13.3.2 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements 13.3.3 Expansions 13.3.4 Mergers & Acquisitions 13.4 Competitive Leadership Mapping 13.4.1 Visionary Leaders 13.4.2 Innovators 13.4.3 Dynamic Differentiators 13.4.4 Emerging Companies 14 Company Profiles 14.1 Bosch 14.2 Continental 14.3 Denso 14.4 Valeo 14.5 Aptiv 14.6 Magna 14.7 Autoliv 14.8 Ficosa 14.9 ZF Friedrichshafen 14.10 Gentex 14.11 Samvardhana Motherson 14.12 Other Key Players 14.12.1 Asia Oceania 14.12.1.1 Murakami Corporation 14.12.1.2 Renesas 14.12.1.3 Hyundai Mobis 14.12.1.4 Samsung Electro Mechanics 14.12.1.5 Sl Corporation 14.12.1.6 Stonkam 14.12.2 Europe 14.12.2.1 Wabco 14.12.2.2 Hella 14.12.3 North America 14.12.3.1 Ambarella Inc. 14.12.3.2 Harman 14.12.3.3 Muth Mirror Systems 14.12.3.4 Voxx International 14.12.4 Rest of the World 14.12.4.1 Mobileye 14.12.4.2 Logigo Automotive For more information about this report visit https://www.researchandmarkets.com/r/8yj23c Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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