The global blind spot solutions market, valued at USD 13.39 Billion in 2023, has experienced significant growth, primarily due to its ability to substantially reduce accident risks by enhancing driver visibility, particularly when changing lanes or reversing. The market is expected to expand at a CAGR of 11.00% from 2024 to 2032 to attain a value of USD 34.25 Billion by 2032. This growth is driven by the integration of sensors, cameras, and radar technologies in blind spot solutions, which improve vehicle safety features, provide real-time alerts, and enhance the overall driving experience.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Blind Spot Solutions Market Outlook
*this image is indicative*
The industry is being driven by rapid technological advancements and growing consumer awareness. In semi-autonomous cars, sensors such as radar, ultrasonic, LiDAR, and cameras detect the atmosphere around the vehicle. It is also possible to use blind spot alternatives such as blind-spot detection schemes, surround-view cameras, and digital side-view devices to better sense the environment. The increasing adoption of blind spot solutions is anticipated to fuel the growth of the blind spot solutions market. According to the International Organization of Motor Vehicle Manufacturers, global production of light commercial vehicles has seen a significant rise from 16,990,857 units in 2020 to 21,441,715 units in 2023.
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Growing sales of advanced driver assistance systems (ADAS), rising adoption of electric vehicles (EVs), and increasing awareness about vehicle safety features are driving the market.
The growing sales of advanced driver assistance systems (ADAS) are significantly boosting blind spot solutions demand, as more vehicles are being equipped with technologies that improve driver safety and comfort. Features like lane departure warning, adaptive cruise control, and blind spot monitoring are increasingly being integrated into new models. The United States, one of the largest blind spot solutions markets globally, recorded more than 7 million new car and light truck sales with autonomous driving systems (additional assistance) in 2021, an increase from around 4 million in the previous year. This growth in sales volume is expected to drive the market revenue to new levels.
The rising demand for electric vehicles (EVs), especially those equipped with advanced safety features such as blind spot monitoring, is contributing to the growth of the blind spot solutions market. The integration of such features is driven by the unique design of EVs, which includes larger rear-view mirrors and different window pillars to create more pronounced blind spots. According to the Global EV Outlook 2023, published by the International Energy Association, nearly 14 million new electric cars were registered globally in 2023, bringing their total number of EVs on the roads to 40 million.
Rising consumer awareness of vehicle safety features is driving the demand for the blind spot solutions. Modern drivers are more knowledgeable and selective about the safety technologies in their vehicles. Furthermore, consumers are prioritising vehicles equipped with advanced safety features like blind spot detection systems, either as a standard or optional feature. This growing awareness is leading to demand for blind spot solutions such as wired or wireless monitors, radar sensors, dash cams with blind spot alerts, and smart rearview mirrors.
Technological advancements in sensor technology are playing a critical role in the growth of the blind spot solutions market. Innovations in radar, LiDAR, ultrasonic sensors, and camera systems are improving the accuracy and reliability of detecting vehicles in blind spots, even in difficult conditions such as low visibility or bad weather. As sensor technologies become more affordable, compact, and advanced, their integration into vehicles as blind spot solutions is expected to increase significantly.
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The EMR’s report titled “Global Blind Spot Solutions Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Technology
Market Breakup by End Use
Market Breakup by Electric Vehicle Type
Market Breakup by Vehicle Type
Market Breakup by Region
According to the blind spot solutions market analysis, the market is driven by the increasing integration of blind spot solutions in passenger cars to improve driver awareness and reduce accident risks during lane changes. These systems offer visual and auditory alerts, promoting safer driving, especially in urban and highway environments. In 2023, approximately 70 million passenger cars were produced globally, with a growing proportion featuring blind spot monitoring systems, as reported by the International Organization of Motor Vehicle Manufacturers (OICA).
In light commercial vehicles, blind spot solutions enhance safety for drivers in urban areas and tight spaces by preventing collisions with pedestrians and cyclists. In 2022, around 20 million light commercial vehicles were produced globally, with more incorporating these technologies.
The growth of the blind spot solutions market is also driven by the need for such systems in trucks, which have larger blind spots and higher accident risks. These systems improve driver awareness, contributing to safer freight transport. In 2023, around 3 million trucks were produced globally, with a significant increase in models featuring blind spot detection systems, according to the OICA.
Blind spot solutions are crucial in buses for ensuring passenger and pedestrian safety. They assist bus drivers in monitoring their surroundings, reducing accident risks during turns or lane changes in busy areas. In 2022, approximately 500,000 buses were produced worldwide, with a rising number equipped with advanced blind spot detection technologies to improve safety, as reported by the OICA.
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The blind spot solutions market key players design, develop and manufacture a broad range of products, including automotive systems, assemblies, modules, and components for OEMs (original equipment manufacturers) and the automotive sector. They operate across various automotive domains such as powertrain, body and chassis, lighting, exterior, and electronics. With numerous manufacturing facilities worldwide, these companies are known for their innovation, quality, and advanced technologies, including autonomous driving solutions, electrification, and vehicle safety systems.
Robert Bosch GmbH: Established in 1886 and headquartered in Stuttgart, Germany, Robert Bosch GmbH is a global technology leader. The company excels in the automotive, industrial, and consumer goods sectors. Bosch is renowned for its innovation, particularly in automotive components like sensors for advanced driver assistance systems, including blind spot detection.
Continental AG: Founded in 1871 and headquartered in Hanover, Germany, Continental AG is a major automotive su...
Denso: Established in 1949 and based in Kariya, Japan, is a leader in automotive components and systems. The c...
Valeo: Founded in 1923 and headquartered in Paris, France, Valeo is a global automotive supplier. The company ...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the blind spot solutions market report include Aptiv Inc., Magna International Inc., Autoliv, Ficosa, ZF Friedrichshafen and Gentex, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the blind spot solutions market reached an approximate value of USD 13.39 Billion.
The market is assessed to grow at a CAGR of 11.00% between 2024 and 2032.
The major drivers of the market, such the increasing adoption of smart mirrors in the automotive industry and the growing demand for premium vehicles, are expected to aid the industry growth.
The rising disposable incomes and the changing consumer preferences, particularly in the emerging economies, are expected to define the market growth in the coming years.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.
The leading product type of blind spot solutions in the market are blind spot detection system, backup camera system, park assist system, surround view system, and virtual pillars.
The significant technology segments in the industry are camera-based systems, radar-based systems, and ultrasonic-based systems.
The major end markets in the industry are OE market and aftermarket.
The major electrical vehicle types in the market are BEC, FCEV, HEV, and PHEV.
The leading vehicle types of blind spot solutions in the industry are passenger car, light commercial vehicle (LCV), truck, and bus.
The major players in the market are Robert Bosch GmbH, Continental AG, Denso, Valeo, Aptiv Inc., Magna International Inc., Autoliv, Ficosa, ZF Friedrichshafen, Gentex, Others.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 34.25 Billion by 2032.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Technology |
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| Breakup by End Use |
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| Breakup by Electric Vehicle Type |
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| Breakup by Vehicle Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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