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  • 8 November 2019 17:37

Blind Spot Monitoring (BSM) System Market Growing Demands

Growing demand for automated automobiles are expected to provide future opportunities for growth of this market.

The factors expected to boost the growth of this market comprise growing industrialization in the emerging regions with increasing government investments, advanced technologies, low-cost labor, and growing disposable incomes. In addition, the government policies which favor the BSM (blind spot monitoring) system market, substitute sources for the automobile production, and growing demand for automated automobiles are expected to provide future opportunities for growth of this market.

Market Classification

The market can be bifurcated on the basis of type, application and geography. By type, BSM (blind spot monitoring) system market can be segmented into commercial vehicles and passenger vehicles. Based on application, BSM (blind spot monitoring) system market can be segmented into OEM and aftermarket. On the basis of geography, the BSM (blind spot monitoring) system market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

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Report Coverage

Analysis Period - 2015 – 2026

Historic Data - 2015 – 2016

Base Year - 2018

Forecast Data - 2019 – 2026

Market Stratification - Type, Application, Geography

Regional Scope - North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage: Market - Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

Market Participants

Some of the major players involved in BSM (blind spot monitoring) system market include Denso, Continental AG, Robert Bosch GmbH, TRW Automotive, Delphi, Autoliv Inc. and Aisin Seiki among others.

Market Segmentation

By Type: Commercial Vehicles, Passenger Vehicles

By Application: OEM, Aftermarket

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