DUBLIN--(BUSINESS WIRE)--The "Global Adaptive Cruise Control (ACC) And Blind Spot Detection (BSD) Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The market is poised to grow at a CAGR of 17.3% during the forecast period.
Both BSD and ACC have great potential to keep passengers safe and increase driver's convenience, but there are issues that have to be worked on in regards to performance. In addition, drivers are required to be well informed to fully utilize the potential of these systems. Furthermore, ACC is assisted with a pre-crash system that alerts the driver, making the system considerably expensive. BSD systems face difficulty in detecting fast-moving vehicles, especially on busy streets and highways.
The Asia-Pacific region is expected to contribute significantly to the growth of both BSD and ACC markets. Factors such as increasing vehicle sales, especially premium vehicles, along with the increase in safety installations per vehicle, will contribute to the growing demand for BSD and ACC systems. However, the bulk market share is captured by North America, occupying around 32% of the total market as of 2016. The United States New Car Assessment Program (US NCAP) by National Highway Traffic Safety Administration (NHTSA) has brought to focus many increased concerns for consumers and drivers installing these systems.
- Continental AG
- Delphi Automotive PLC
- Denso Corporation
- Hyundai Mobis
- Magna International
- Mando Corporation
- Robert Bosch
- TRW Automotive
Key Topics Covered:
2. Executive Summary
3. Market Overview and Technology Trends
4. Market Dynamics
5. Adaptive Cruise Control and Blind Spot Detection Market, By Type
6. Adaptive Cruise Control and Blind Spot Detection Market, By Vehicle Type
7. Adaptive Cruise Control and Blind Spot Detection Market, By End Consumers
8. Adaptive Cruise Control and Blind Spot Detection Market, By Sensor Type
9. Adaptive Cruise Control and Blind Spot Detection Market, By Geography
10. Competitive Landscape
11. Company Profiles
12. Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/r3knwl/global_adaptive?w=4