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Global Commercial Vehicle Blind Spot Detection System Market 2018-2022

Global Commercial Vehicle Blind Spot Detection System Market 2018-2022

About Commercial Vehicle Blind Spot Detection System

Commercial Vehicle Blind Spot Detection System is a vehicle-based sensor device, which helps in locating vehicles in driver’s side and rear side. It helps in warning driver through the audible, visual, vibrating, or tactical source of warning.

Technavio’s analysts forecast the global commercial vehicle blind spot detection system market to grow at a CAGR of 12.34% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle blind spot detection system market for 2018-2022. To calculate the market size, the report considers the revenue generated from the commercial vehicle blind spot detection system.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Vehicle Blind Spot Detection System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Continental
  • Delphi
  • Robert Bosch
  • Vale
  • WABCO
Market driver
  • Insurance companies supporting the demand for advanced safety systems
  • For a full, detailed list, view our report
Market challenge
  • Practice of using various mirror combinations as an alternative to BSD systems
  • For a full, detailed list, view our report
Market trend
  • Increasing use of vision-based blind spot detection using optical flow techniques as the backend technology in BSD systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Blind Spot Detection System Market 2018-2022

Technavio recognizes the following companies as the key players in the global commercial vehicle blind spot detection system market: Continental, Delphi, Robert Bosch, Valeo, WABCO

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing use of vision-based blind spot detection using optical flow techniques as the backend technology in BSD systems. Camera module-based BSD systems have been in the market for so long that the underlying technology used therein has become outdated. In recent years (since the late 2000s), vision-based BSD systems, which use optical flow techniques to detect objects on the road, have taken hold.”

According to the report, one of the major drivers for this market is Insurance companies supporting the demand for advanced safety systems. Automotive safety systems have proven to reduce major road fatalities globally. These have proven beneficial for auto insurance companies too. As a result of these advanced safety systems, auto insurance companies can expect a reduction of claims in the long run. Industry experts believe that using these technologies would reduce insurance claims by 40%.

Further, the report states that one of the major factors hindering the growth of this market is Practice of using various mirror combinations as an alternative to BSD systems. Hard facts suggest that BSD systems may be a redundancy, which have been created out of sheer ignorance. While some cars, especially the larger SUVs and off-roading vehicles, have large-sized C pillars, rising beltlines, and squashed rear windows blocking the drivers' line of sights, blind spots on most average vehicles can be eliminated by proper adjustment of mirrors.



Companies Mentioned

Continental, Delphi, Robert Bosch, Valeo, WABCO

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Collison avoidance systems
    • BSD systems for commercial vehicles
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global automotive advanced driver assistance system (ADAS) market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global commercial vehicle BSD system market - Market size and forecast 2017-2022 (mn units)
      • Table Global commercial vehicle BSD system market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • LCVs - Market size and forecast 2017-2022
      • Table LCVs - Market size and forecast 2017-2022 (mn units)
      • Table LCVs - Year-over-year growth 2018-2022 (%)
    • M&HCVs - Market size and forecast 2017-2022
      • Table M&HCVs - Market size and forecast 2017-2022 (mn units)
      • Table M&HCVs - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (mn units)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (mn units)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (mn units)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Major government mandates for various countries
    • Market challenges
  • Market trends
    • Increasing use of complementary metal-oxide semiconductor imaging in camera-based ADAS
    • Increasing use of vision-based blind spot detection using optical flow techniques as the backend technology in BSD systems
    • Accelerated use of wide-angle camera technology in BSD systems
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Continental
      • Table Vendor overview
      • Table Continental - Business segments
      • Table Continental - Organizational developments
      • Table Continental - Geographic focus
      • Table Continental - Segment focus
      • Table Continental - Key offerings
    • Delphi
      • Table Vendor overview
      • Table Delphi - Business segments
      • Table Delphi - Organizational developments
      • Table Delphi - Geographic focus
      • Table Delphi - Segment focus
      • Table Delphi - Key offerings
    • Robert Bosch
      • Table Vendor overview
      • Table Robert Bosch - Business segments
      • Table Robert Bosch - Organizational developments
      • Table Robert Bosch - Geographic focus
      • Table Robert Bosch - Segment focus
      • Table Robert Bosch - Key offerings
    • Valeo
      • Table Vendor overview
      • Table Valeo - Business segments
      • Table Valeo - Organizational developments
      • Table Valeo - Geographic focus
      • Table Valeo - Segment focus
      • Table Valeo - Key offerings
    • WABCO
      • Table Vendor overview
      • Table WABCO - Business segments
      • Table WABCO - Organizational developments
      • Table WABCO - Geographic focus
      • Table WABCO - Segment focus
      • Table WABCO - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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