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PUBLISHER: KBV Research | PRODUCT CODE: 1548661
PUBLISHER: KBV Research | PRODUCT CODE: 1548661
LAMEA Automotive Blind Spot Detection System Market Size, Share & Trends Analysis Report By Propulsion Type, By Technology, By Vehicle Type, By Country and Growth Forecast, 2024 - 2031
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The Latin America, Middle East and Africa Automotive Blind Spot Detection System Market would witness market growth of 12.1% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $121.9 Million by 2031. The Argentina market is showcasing a CAGR of 12.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 11.1% during (2024 - 2031).
Several key trends are shaping the automotive blind spot detection system market. BSD systems are increasingly integrating with other ADAS features, such as adaptive cruise control, automatic emergency braking, and lane-keeping assist. This integration provides a more comprehensive safety package and enhances overall vehicle safety. As electric and autonomous vehicles become more prevalent, BSD systems are evolving to meet the unique requirements of these vehicles. For instance, BSD systems in autonomous vehicles are designed to work with self-driving algorithms to enhance situational awareness.
Likewise, artificial intelligence (AI) and machine learning are implemented in BSD systems to enhance precision and mitigate false positives. AI algorithms analyze driving patterns and environmental data to make more intelligent and context-aware decisions about blind spot alerts. The adoption of vehicle-to-everything (V2X) communication is expanding BSD system capabilities. This connectivity allows vehicles to share information and infrastructure, improving the system's ability to detect and respond to potential hazards beyond the immediate vicinity.
Increased investment in Brazil's automotive industry leads to expanding manufacturing facilities. This growth includes producing vehicles with advanced safety features such as BSD systems, boosting their market presence. Investment in the automotive sector encourages the development of local BSD system suppliers and manufacturers in Brazil. This local production helps reduce dependency on imports, lowers costs, and makes BSD systems more accessible. This requirement drives up demand for BSD systems, as automakers must comply with these regulations. As per the Government of UAE, the Traffic and Patrols Directorate in Abu Dhabi introduced a road safety management plan to reduce traffic accident fatalities to 3 percent per 100,000 residents by 2021. This road safety initiative includes a comprehensive framework for accident prevention, incorporating four key elements: enforcement, education, engineering, and emergency medical services. The UAE's road safety regulations may address urban and highway safety concerns. BSD systems, valuable in preventing accidents in both driving environments, have become a key component in addressing these safety concerns. Thus, increasing investment in the automotive industry and rising road safety regulations drive the market's growth.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
LAMEA Automotive Blind Spot Detection System Market Report Segmentation
By Propulsion Type
- ICE
- Electric
By Technology
- Radar
- Camera
- Ultrasonic
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Automotive Blind Spot Detection System Market, by Propulsion Type
- 1.4.2 LAMEA Automotive Blind Spot Detection System Market, by Technology
- 1.4.3 LAMEA Automotive Blind Spot Detection System Market, by Vehicle Type
- 1.4.4 LAMEA 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
- 3.1.1 Overview
- 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. LAMEA Automotive Blind Spot Detection System Market by Propulsion Type
- 5.1 LAMEA ICE Market by Country
- 5.2 LAMEA Electric Market by Country
Chapter 6. LAMEA Automotive Blind Spot Detection System Market by Technology
- 6.1 LAMEA Radar Market by Country
- 6.2 LAMEA Camera Market by Country
- 6.3 LAMEA Ultrasonic Market by Country
Chapter 7. LAMEA Automotive Blind Spot Detection System Market by Vehicle Type
- 7.1 LAMEA Passenger Cars Market by Country
- 7.2 LAMEA Commercial Vehicles Market by Country
Chapter 8. LAMEA Automotive Blind Spot Detection System Market by Country
- 8.1 Brazil Automotive Blind Spot Detection System Market
- 8.1.1 Brazil Automotive Blind Spot Detection System Market by Propulsion Type
- 8.1.2 Brazil Automotive Blind Spot Detection System Market by Technology
- 8.1.3 Brazil Automotive Blind Spot Detection System Market by Vehicle Type
- 8.2 Argentina Automotive Blind Spot Detection System Market
- 8.2.1 Argentina Automotive Blind Spot Detection System Market by Propulsion Type
- 8.2.2 Argentina Automotive Blind Spot Detection System Market by Technology
- 8.2.3 Argentina Automotive Blind Spot Detection System Market by Vehicle Type
- 8.3 UAE Automotive Blind Spot Detection System Market
- 8.3.1 UAE Automotive Blind Spot Detection System Market by Propulsion Type
- 8.3.2 UAE Automotive Blind Spot Detection System Market by Technology
- 8.3.3 UAE Automotive Blind Spot Detection System Market by Vehicle Type
- 8.4 Saudi Arabia Automotive Blind Spot Detection System Market
- 8.4.1 Saudi Arabia Automotive Blind Spot Detection System Market by Propulsion Type
- 8.4.2 Saudi Arabia Automotive Blind Spot Detection System Market by Technology
- 8.4.3 Saudi Arabia Automotive Blind Spot Detection System Market by Vehicle Type
- 8.5 South Africa Automotive Blind Spot Detection System Market
- 8.5.1 South Africa Automotive Blind Spot Detection System Market by Propulsion Type
- 8.5.2 South Africa Automotive Blind Spot Detection System Market by Technology
- 8.5.3 South Africa Automotive Blind Spot Detection System Market by Vehicle Type
- 8.6 Nigeria Automotive Blind Spot Detection System Market
- 8.6.1 Nigeria Automotive Blind Spot Detection System Market by Propulsion Type
- 8.6.2 Nigeria Automotive Blind Spot Detection System Market by Technology
- 8.6.3 Nigeria Automotive Blind Spot Detection System Market by Vehicle Type
- 8.7 Rest of LAMEA Automotive Blind Spot Detection System Market
- 8.7.1 Rest of LAMEA Automotive Blind Spot Detection System Market by Propulsion Type
- 8.7.2 Rest of LAMEA Automotive Blind Spot Detection System Market by Technology
- 8.7.3 Rest of LAMEA 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
LIST OF TABLES
- TABLE 1 LAMEA Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA 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 LAMEA Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 9 LAMEA Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 10 LAMEA ICE Market by Country, 2020 - 2023, USD Million
- TABLE 11 LAMEA ICE Market by Country, 2024 - 2031, USD Million
- TABLE 12 LAMEA Electric Market by Country, 2020 - 2023, USD Million
- TABLE 13 LAMEA Electric Market by Country, 2024 - 2031, USD Million
- TABLE 14 LAMEA Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 15 LAMEA Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 16 LAMEA Radar Market by Country, 2020 - 2023, USD Million
- TABLE 17 LAMEA Radar Market by Country, 2024 - 2031, USD Million
- TABLE 18 LAMEA Camera Market by Country, 2020 - 2023, USD Million
- TABLE 19 LAMEA Camera Market by Country, 2024 - 2031, USD Million
- TABLE 20 LAMEA Ultrasonic Market by Country, 2020 - 2023, USD Million
- TABLE 21 LAMEA Ultrasonic Market by Country, 2024 - 2031, USD Million
- TABLE 22 LAMEA Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 23 LAMEA Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 24 LAMEA Passenger Cars Market by Country, 2020 - 2023, USD Million
- TABLE 25 LAMEA Passenger Cars Market by Country, 2024 - 2031, USD Million
- TABLE 26 LAMEA Commercial Vehicles Market by Country, 2020 - 2023, USD Million
- TABLE 27 LAMEA Commercial Vehicles Market by Country, 2024 - 2031, USD Million
- TABLE 28 LAMEA Automotive Blind Spot Detection System Market by Country, 2020 - 2023, USD Million
- TABLE 29 LAMEA Automotive Blind Spot Detection System Market by Country, 2024 - 2031, USD Million
- TABLE 30 Brazil Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 31 Brazil Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 32 Brazil Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 33 Brazil Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 34 Brazil Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 35 Brazil Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 36 Brazil Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 37 Brazil Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 38 Argentina Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 39 Argentina Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 40 Argentina Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 41 Argentina Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 42 Argentina Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 43 Argentina Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 44 Argentina Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 45 Argentina Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 46 UAE Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 47 UAE Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 48 UAE Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 49 UAE Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 50 UAE Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 51 UAE Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 52 UAE Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 53 UAE Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 54 Saudi Arabia Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 55 Saudi Arabia Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 56 Saudi Arabia Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 57 Saudi Arabia Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 58 Saudi Arabia Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 59 Saudi Arabia Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 60 Saudi Arabia Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 61 Saudi Arabia Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 62 South Africa Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 63 South Africa Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 64 South Africa Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 65 South Africa Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 66 South Africa Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 67 South Africa Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 68 South Africa Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 69 South Africa Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 70 Nigeria Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 71 Nigeria Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 72 Nigeria Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 73 Nigeria Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 74 Nigeria Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 75 Nigeria Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 76 Nigeria Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 77 Nigeria Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 78 Rest of LAMEA Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 79 Rest of LAMEA Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 80 Rest of LAMEA Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 81 Rest of LAMEA Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 82 Rest of LAMEA Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 83 Rest of LAMEA Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 84 Rest of LAMEA Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 85 Rest of LAMEA 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.
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