The Asia Pacific Automotive Blind Spot Detection System Market would witness market growth of 10.8% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Automotive Blind Spot Detection System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $669.8 Million by 2031. The Japan market is registering a CAGR of 10.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 11.5% during (2024 - 2031).
Automakers are partnering with specialized technology providers and suppliers to develop and integrate BSD systems. These collaborations drive innovation and accelerate the adoption of BSD systems by leveraging the expertise of technology companies. In addition, government regulations and safety standards encourage the adoption of BSD systems. Regulatory mandates in regions with stringent safety requirements drive automakers to include BSD systems in their vehicles to comply with safety regulations.
Moreover, commercial fleet operators are adopting BSD systems to enhance safety and reduce operational risks. Using BSD systems in fleet vehicles helps mitigate blind spot-related accidents and lowers insurance costs, making it a valuable investment for fleet managers. Increasing awareness among consumers about the benefits of BSD systems is driving adoption. Educational campaigns and marketing efforts highlight the advantages of these systems in preventing accidents and improving road safety.
The development of autonomous vehicles in China drives demand for advanced sensor technologies, including those used in BSD systems. Autonomous vehicles require highly accurate detection systems to ensure safety, boosting the market for sophisticated BSD solutions. According to the International Trade Administration (ITA), by 2025, partial and conditional automation vehicles are expected to account for over 50% of new vehicle sales in China. The Chinese government has also set certain goals for the ICV industry by 2030. As China advances its autonomous vehicle industry, new regulations and standards are introduced to ensure vehicle safety. These regulations often mandate the inclusion of BSD systems in autonomous vehicles, driving their adoption in the market. The rise in road accidents has prompted the Indian government to implement stricter road safety measures and initiatives. This includes pushing for adopting advanced safety technologies like BSD systems to reduce accident rates and enhance vehicle safety. These accidents resulted in 1,68,491 fatalities and 4,43,366 injuries. This represents an 11.9% increase in accidents, a 9.4% increase in fatalities, and a 15.3% increase in injuries compared with the previous year. In conclusion, the rising autonomous vehicle industry and increasing road accidents in the region drive the market’s growth.
Free Valuable Insights: The Global Automotive Blind Spot Detection System Market is Predict to reach USD 6.6 Billion by 2031, at a CAGR of 10.3%
Based on Propulsion Type, the market is segmented into ICE, and Electric. Based on Technology, the market is segmented into Radar, Camera, and Ultrasonic. Based on Vehicle Type, the market is segmented into Passenger Cars, and Commercial Vehicles. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- ZF Friedrichshafen AG
- Valeo SA
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Mercedes-Benz Group AG
- Magna International, Inc.
- Intel Corporation
- Forvia SE
- Aptiv PLC
- Autoliv, Inc.
Asia Pacific Automotive Blind Spot Detection System Market Report Segmentation
By Propulsion Type
By Technology
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Automotive Blind Spot Detection System Market, by Propulsion Type
1.4.2 Asia Pacific Automotive Blind Spot Detection System Market, by Technology
1.4.3 Asia Pacific Automotive Blind Spot Detection System Market, by Vehicle Type
1.4.4 Asia Pacific Automotive Blind Spot Detection System Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.2.5 Trials and Approvals
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Dec – 2024, Mar) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Asia Pacific Automotive Blind Spot Detection System Market by Propulsion Type
5.1 Asia Pacific ICE Market by Country
5.2 Asia Pacific Electric Market by Country
Chapter 6. Asia Pacific Automotive Blind Spot Detection System Market by Technology
6.1 Asia Pacific Radar Market by Country
6.2 Asia Pacific Camera Market by Country
6.3 Asia Pacific Ultrasonic Market by Country
Chapter 7. Asia Pacific Automotive Blind Spot Detection System Market by Vehicle Type
7.1 Asia Pacific Passenger Cars Market by Country
7.2 Asia Pacific Commercial Vehicles Market by Country
Chapter 8. Asia Pacific Automotive Blind Spot Detection System Market by Country
8.1 China Automotive Blind Spot Detection System Market
8.1.1 China Automotive Blind Spot Detection System Market by Propulsion Type
8.1.2 China Automotive Blind Spot Detection System Market by Technology
8.1.3 China Automotive Blind Spot Detection System Market by Vehicle Type
8.2 Japan Automotive Blind Spot Detection System Market
8.2.1 Japan Automotive Blind Spot Detection System Market by Propulsion Type
8.2.2 Japan Automotive Blind Spot Detection System Market by Technology
8.2.3 Japan Automotive Blind Spot Detection System Market by Vehicle Type
8.3 India Automotive Blind Spot Detection System Market
8.3.1 India Automotive Blind Spot Detection System Market by Propulsion Type
8.3.2 India Automotive Blind Spot Detection System Market by Technology
8.3.3 India Automotive Blind Spot Detection System Market by Vehicle Type
8.4 South Korea Automotive Blind Spot Detection System Market
8.4.1 South Korea Automotive Blind Spot Detection System Market by Propulsion Type
8.4.2 South Korea Automotive Blind Spot Detection System Market by Technology
8.4.3 South Korea Automotive Blind Spot Detection System Market by Vehicle Type
8.5 Singapore Automotive Blind Spot Detection System Market
8.5.1 Singapore Automotive Blind Spot Detection System Market by Propulsion Type
8.5.2 Singapore Automotive Blind Spot Detection System Market by Technology
8.5.3 Singapore Automotive Blind Spot Detection System Market by Vehicle Type
8.6 Malaysia Automotive Blind Spot Detection System Market
8.6.1 Malaysia Automotive Blind Spot Detection System Market by Propulsion Type
8.6.2 Malaysia Automotive Blind Spot Detection System Market by Technology
8.6.3 Malaysia Automotive Blind Spot Detection System Market by Vehicle Type
8.7 Rest of Asia Pacific Automotive Blind Spot Detection System Market
8.7.1 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Propulsion Type
8.7.2 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Technology
8.7.3 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Vehicle Type
Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Continental AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Denso Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 ZF Friedrichshafen AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Valeo SA
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Geographical Expansions:
9.5.6 SWOT Analysis
9.6 Infineon Technologies AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 NXP Semiconductors N.V.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Magna International, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Forvia SE
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 SWOT Analysis
9.10. Mercedes-Benz Group AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Trials and Approvals:
9.10.6 SWOT Analysis
9.11 Intel Corporation
9.11.1 Company Overview
9.11.2 Financial Analysis
9.11.3 Segmental and Regional Analysis
9.11.4 Research & Development Expenses
9.11.5 Recent strategies and developments:
9.11.5.1 Mergers and Acquisitions:
9.11.6 SWOT Analysis
9.12 Aptiv PLC
9.12.1 Company Overview
9.12.2 Financial Analysis
9.12.3 Segmental and Regional Analysis
9.12.4 Research & Development Expense
9.12.5 SWOT Analysis
9.13 Autoliv, Inc.
9.13.1 Company Overview
9.13.2 Financial Analysis
9.13.3 Regional Analysis
9.13.4 Research & Development Expense
9.13.5 SWOT Analysis
TABLE 1 Asia Pacific Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Blind Spot Detection System Market
TABLE 4 Product Launches And Product Expansions– Automotive Blind Spot Detection System Market
TABLE 5 Acquisition and Mergers– Automotive Blind Spot Detection System Market
TABLE 6 Geographical Expansions - Automotive Blind Spot Detection System Market
TABLE 7 Trials and Approvals- Automotive Blind Spot Detection System Market
TABLE 8 Asia Pacific Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 9 Asia Pacific Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 10 Asia Pacific ICE Market by Country, 2020 - 2023, USD Million
TABLE 11 Asia Pacific ICE Market by Country, 2024 - 2031, USD Million
TABLE 12 Asia Pacific Electric Market by Country, 2020 - 2023, USD Million
TABLE 13 Asia Pacific Electric Market by Country, 2024 - 2031, USD Million
TABLE 14 Asia Pacific Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 15 Asia Pacific Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 16 Asia Pacific Radar Market by Country, 2020 - 2023, USD Million
TABLE 17 Asia Pacific Radar Market by Country, 2024 - 2031, USD Million
TABLE 18 Asia Pacific Camera Market by Country, 2020 - 2023, USD Million
TABLE 19 Asia Pacific Camera Market by Country, 2024 - 2031, USD Million
TABLE 20 Asia Pacific Ultrasonic Market by Country, 2020 - 2023, USD Million
TABLE 21 Asia Pacific Ultrasonic Market by Country, 2024 - 2031, USD Million
TABLE 22 Asia Pacific Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 23 Asia Pacific Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 24 Asia Pacific Passenger Cars Market by Country, 2020 - 2023, USD Million
TABLE 25 Asia Pacific Passenger Cars Market by Country, 2024 - 2031, USD Million
TABLE 26 Asia Pacific Commercial Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 27 Asia Pacific Commercial Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 28 Asia Pacific Automotive Blind Spot Detection System Market by Country, 2020 - 2023, USD Million
TABLE 29 Asia Pacific Automotive Blind Spot Detection System Market by Country, 2024 - 2031, USD Million
TABLE 30 China Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 31 China Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 32 China Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 33 China Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 34 China Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 35 China Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 36 China Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 37 China Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 38 Japan Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 39 Japan Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 40 Japan Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 41 Japan Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 42 Japan Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 43 Japan Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 44 Japan Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 45 Japan Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 46 India Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 47 India Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 48 India Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 49 India Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 50 India Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 51 India Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 52 India Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 53 India Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 54 South Korea Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 55 South Korea Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 56 South Korea Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 57 South Korea Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 58 South Korea Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 59 South Korea Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 60 South Korea Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 61 South Korea Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 62 Singapore Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 63 Singapore Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 64 Singapore Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 65 Singapore Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 66 Singapore Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 67 Singapore Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 68 Singapore Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 69 Singapore Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 70 Malaysia Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 71 Malaysia Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 72 Malaysia Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 73 Malaysia Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 74 Malaysia Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 75 Malaysia Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 76 Malaysia Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 77 Malaysia Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 78 Rest of Asia Pacific Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
TABLE 79 Rest of Asia Pacific Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
TABLE 80 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
TABLE 81 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
TABLE 82 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
TABLE 83 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
TABLE 84 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
TABLE 85 Rest of Asia Pacific Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
TABLE 86 Key Information – Robert Bosch GmbH
TABLE 87 Key Information – Continental AG
TABLE 88 Key Information – Denso Corporation
TABLE 89 Key Information – ZF Friedrichshafen AG
TABLE 90 Key Information – Valeo SA
TABLE 91 Key Information – Infineon Technologies AG
TABLE 92 Key Information – NXP Semiconductors N.V.
TABLE 93 Key Information – Magna International, Inc.
TABLE 94 Key Information – Forvia SE
TABLE 95 key information – Mercedes-Benz Group AG
TABLE 96 Key Information – Intel Corporation
TABLE 97 Key Information – Aptiv PLC
TABLE 98 Key Information – Autoliv, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Automotive Blind Spot Detection System Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Automotive Blind Spot Detection System Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2020, Dec – 2024, Mar) Leading Players
FIG 8 Porter’s Five Forces Analysis – Automotive Blind Spot Detection System Market
FIG 9 Asia Pacific Automotive Blind Spot Detection System Market share by Propulsion Type, 2023
FIG 10 Asia Pacific Automotive Blind Spot Detection System Market share by Propulsion Type, 2031
FIG 11 Asia Pacific Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2031, USD Million
FIG 12 Asia Pacific Automotive Blind Spot Detection System Market share by Technology, 2023
FIG 13 Asia Pacific Automotive Blind Spot Detection System Market share by Technology, 2031
FIG 14 Asia Pacific Automotive Blind Spot Detection System Market by Technology, 2020 - 2031, USD Million
FIG 15 Asia Pacific Automotive Blind Spot Detection System Market share by Vehicle Type, 2023
FIG 16 Asia Pacific Automotive Blind Spot Detection System Market share by Vehicle Type, 2031
FIG 17 Asia Pacific Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2031, USD Million
FIG 18 Asia Pacific Automotive Blind Spot Detection System Market share by Country, 2023
FIG 19 Asia Pacific Automotive Blind Spot Detection System Market share by Country, 2031
FIG 20 Asia Pacific Automotive Blind Spot Detection System Market by Country, 2020 - 2031, USD Million
FIG 21 SWOT Analysis: Robert Bosch GmbH
FIG 22 SWOT Analysis: Continental AG
FIG 23 SWOT Analysis: Denso Corporation
FIG 24 Swot Analysis: ZF Friedrichshafen AG
FIG 25 Recent strategies and developments: Valeo SA
FIG 26 SWOT Analysis: Valeo SA
FIG 27 SWOT Analysis: Infineon Technologies AG
FIG 28 SWOT Analysis: NXP Semiconductors N.V.
FIG 29 SWOT Analysis: Magna International, Inc.
FIG 30 SWOT Analysis: Forvia SE
FIG 31 SWOT Analysis: Mercedes-Benz Group AG
FIG 32 SWOT Analysis: Intel corporation
FIG 33 SWOT Analysis: Aptiv PLC
FIG 34 Swot Analysis: Autoliv, Inc.