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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Blind Spot Detection (bsd) System Market
Request Now !The automotive industry has come a long way with technological advancements in improving the safety of the vehicle. Amidst the safety features like seat belts, mirrors, turn signals, and airbags, blind spot detection system has gained significant importance in upgrading the safety level of the vehicle. Blind spot detection system, as the name implies, assist the driver by detecting the vehicles in the blind spot area while changing lanes. Blind spot monitoring system uses electronic devices and sensors for its operation. Radar sensor located at the rear bumper detects a vehicle in adjacent lane and sends this information to driver via electronic devices. Similarly, a BSD warns a driver by flashing a light (often on a rear-view mirror) or by making audible sounds to warn the driver.
COVID-19 scenario analysis:
Digitization in the automotive sector has enriched the experience of the passengers in vehicles. Increase in use of advanced driver assistance system in vehicles is proliferating the blind spot detection system market. Rise in demand from the consumers for advanced vehicle safety is the major driving factor of the market. Increase in number of accidents caused due to the driver’s inability to judge certain conditions and make the right decisions could increase the sales of blind spot monitoring system. However, the use of radar being illegal in some countries may decrease the sales. Also, slow adoption rate of blind spot monitoring system could hinder its market growth. With investment in R&D for new innovations and changing customer demand is expected to drive the market in the coming years.
The blind spot detection (BSD) system market trends are as follows:
With heavy investment on development of safety features by automakers, the blind spot detection system is evolving. The new intelligent blind spot detection system features real-time display instead of warning lights or buzzing alarm. Moreover, it uses a system of cameras to display a live camera feed of either the left or right blind spot in the central digital portion of the gauge cluster when the turn signal is activated. Recently, Kia Motors has unveiled its intelligent blind spot detection system in 2020 Kia Telluride.
As the blind spots are more in commercial vehicle, Blind spot detection system is of greater use in such applications. Blind spot detection system in commercial vehicle is radar-based system that alerts drivers of the presence of a moving object in a vehicle’s blind spot and mitigates rearward collision to reduce the risk of accidents. Lately, WABCO company has launched its product viz. TailGUARD and OnSide for blind spot detection in commercial vehicles and trailers.
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Questions answered in the Blind Spot Detection (BSD) System Market research report:
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