Global Automotive Blind Spot Detection System Market Size & Outlook
The automotive blind spot detection system industry worldwide is expected to reach a projected revenue of US$ 6,556.5 million by 2030. A compound annual growth rate of 10.3% is expected of the worldwide automotive blind spot detection system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,298.0
Forecast, 2030 (US$M)
$6,556.5
CAGR, 2024 - 2030
10.3%
Report Coverage
Worldwide
Global automotive blind spot detection system market, 2018-2030 (US$M)
Related Markets
Global automotive blind spot detection system market highlights
- The global automotive blind spot detection system market generated a revenue of USD 3,298.0 million in 2023 and is expected to reach USD 6,556.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.3% by 2030.
- In terms of segment, radar accounted for a revenue of USD 3,298.0 million in 2023.
- Radar is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 3,298.0 million |
| Market revenue in 2030 | USD 6,556.5 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Radar |
| Fastest growing segment | Radar |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radar |
Other key industry trends
- In terms of revenue, the North America accounted for 28.5% of the global automotive blind spot detection system market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automotive Blind Spot Detection System Market Scope
Automotive blind spot detection system market segmentation & scope
Vehicle Type
Passenger Cars
Commercial Vehicles
Propulsion Type
ICE
Electric
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Spain
Sweden
Canada
Mexico
U.S.
Kuwait
UAE
Saudi Arabia
South Africa
Australia
China
India
Japan
South Korea
Singapore
Automotive Blind Spot Detection System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive blind spot detection system market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
