Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Adaptive Cruise Control And Blind Spot Detection Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Adaptive Cruise Control And Blind Spot Detection Market Grow Between 2024 and 2025?
The market size for adaptive cruise control and blind spot detection has seen swift expansion in previous years. The market size is projected to escalate from $3.79 billion in 2024 to $4.28 billion in 2025, with a compound annual growth rate (CAGR) of 13.0%.
How Much Will the Adaptive Cruise Control And Blind Spot Detection Market Be Worth in 2029?
The Adaptive Cruise Control And Blind Spot Detection Global Market is projected to reach a value of $6.84 billion in 2029, growing at a compound annual growth rate (CAGR) of 12.4%.
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Which Adaptive Cruise Control And Blind Spot Detection Market Drivers Are Linked to Revenue Growth?
The key drivers in the adaptive cruise control and blind spot detection market are:
• Growth of Electric Vehicles (EVs)
• Incorporation of Advanced Driver Assistance Systems (ADAS)
• Increasing focus on fuel efficiency
• Development and implementation of AI and machine learning in system operations
Which Segments Are Expected to Grow in the Adaptive Cruise Control And Blind Spot Detection Market?
The adaptive cruise control and blind spot detection market covered in this report is segmented –
1) By Type: Adaptive Cruise Control (ACC), Blind Spot Detection (BSD)
2) By Vehicle Type: Passenger Cars, Commercial Vehicles
3) By Technology: Infrared, Radar, Image, Other Technologies
4) By Sales Channel: Original Equipment Manufacturer, After market
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What Are The Key Trends Impacting Growth In The Global Adaptive Cruise Control And Blind Spot Detection Market?
The key trends in the adaptive cruise control and blind spot detection market are:
• The market trends indicate a shift towards integrating adaptive cruise control and blind spot detection systems with advanced driver assistance systems (ADAS).
• The market is witnessing the development of a multi-sensor fusion system for these technologies.
• There is an observed trend in the evolution of user interfaces for these systems.
• Enhanced sensor technologies, integration of AI and machine learning are key trends shaping the future of the market.
Who Are the Key Competitors in the Global Adaptive Cruise Control And Blind Spot Detection Market?
Major players in the adaptive cruise control and blind spot detection market are:
• Honda Motor Co. Ltd.
• Robert Bosch GmbH
• Panasonic Corporation
• Denso Corporation
• ZF Friedrichshafen AG
• Continental AG
• Hyundai Mobis
• Magna International Inc.
• Valeo SA
• Lear Corporation
• Texas Instruments Incorporated
• Aptiv PLC
• Infineon Technologies AG
• NXP Semiconductors
• BorgWarner Inc.
• Renesas Electronics Corporation
• Autoliv Inc.
• Hella KGaA Hueck & Co.
• Garmin Ltd.
• Visteon Corporation
• Mobileye Global Inc.
• TomTom N.V.
Where Is the Adaptive Cruise Control And Blind Spot Detection Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the adaptive cruise control and blind spot detection market in 2024
