Blind Spot Monitor Market

Blind Spot Monitor Market Size and Share Forecast Outlook From 2024 to 2034

The global Blind Spot Monitor Market is estimated to reach a valuation of USD 21.2 billion in 2024 and is projected to be worth USD 65.8 billion by 2034, reflecting a CAGR of 12% over the assessment period.

Blind Spot Monitor Market Trends and Highlights

• Cluster of factors like constant demand for premium vehicles, rising government investments, and increasing integration of automation and active safety systems in vehicles.
• An increase in concerns regarding road safety, accelerating deployment of sensor technology, and rising development of multi-camera systems are projected to raise sales of blind spot detection systems.
• Leading automakers are installing advanced prototypes of blind spot monitors in self-driving vehicles.

Attributes	Key Insights
Estimated Global Blind Spot Monitor Market Size (2024E)	USD 21.2 billion
Projected Blind Spot Monitor Market Value (2034F)	USD 65.8 billion
Value-based CAGR (2024 to 2034)	12%

Emerging Opportunities in the Blind Spot Monitor Market

• Growing preference for connected vehicle technology, which offers real-time information about nearby vehicles to avoid blind spot accidents, is improving the blind spot monitoring system.
• Strict government laws to ensure vehicle safety have been increasing the uptake of blind spot monitors.
• Increasing consumer demand for vehicles equipped with blind spot monitors in Asia Pacific and other regions.

Strategic Insights from Adjacent Markets

This segment presents a gist of different safety-centered markets in the automotive sector that are vying for consumer attention. As governments tighten their laws for effective traffic control and safety, companies offering blind spot monitors, automotive active safety systems, automotive ADAS (advanced driver assistance system), and others are experiencing significant sales.

The purchase rate of automotive ADAS is comparatively higher than the other two markets, i.e., 12.7% CAGR, which are listed in the following table. This indicates manufacturers of automotive ADAS are continuously increasing their efforts in system innovation to maintain its relevancy through the forecast period.

Blind Spot Monitor Market:

Attributes	Blind Spot Monitor Market
CAGR (2024 to 2034)	12%
Growth Factor	Increasing government regulations that mandate the use of safety features in automobiles
Opportunity	Premium vehicles emerging as a lucrative segment for blind spot monitor makers
Key Trends	Rising government investments in the automotive sector

Automotive Active Safety System Market:

Attributes	Automotive Active Safety System Market
CAGR (2024 to 2034)	11.2%
Growth Factor	Increasing sales of electric vehicles (EVs) is increasing the application scope of automotive active safety systems
Opportunity	Growing focus on the integration of safer and smarter safety systems into vehicles
Key Trends	Surging technological advancements

Automotive ADAS (Advanced Driver Assistance System) Market:

Attributes	Automotive ADAS (Advanced Driver Assistance System) Market
CAGR (2024 to 2034)	12.7%
Growth Factor	ADAS solutions are gaining traction among automobile manufacturers owing to their adaptive light control
Opportunity	Increasing government mandates on the use of ADAS systems on newly manufactured vehicles
Key Trends	Advancements in artificial intelligence (AI) and machine learning (ML) resulting in the development of advanced driver-assistance systems

Analysis of Top Countries Advancing Blind Spot Monitor Adoption

Companies offering blind spot monitor systems are observing growth opportunities in every other country. For instance, the United States exhibits a 12.30% CAGR at the lower end, and South Korea displays an estimated growth of 14% CAGR at the higher end.

With a slight difference in growth rate in the top 5 countries, investments in blind spot monitors in the top consuming markets appear to be a profitable venture.

Countries	Forecasted CAGR (2024 to 2034)
The United States	12.30%
The United Kingdom	13.30%
China	12.50%
Japan	13.50%
South Korea	14.00%

Manufacturers are Thriving in the United States as Government Initiatives Encourage Road Safety

Revenue generation from the sales of blind spot monitors in the United States is forecasted to be worth USD 11.9 billion by 2034. Throughout this period, the market is expected to exhibit a growth rate of 12.3% CAGR. Given below are the market dynamics that are catapulting sales of blind spot monitors in the country:

• Surging focus of foreign companies operating in the United States on acquisitions, mergers, partnerships, and collaborations with start-ups to co-develop future-forward ADAS technology.
• Increasing government focus on enforcing strict policies that ensure better road safety and traffic management.
• Mounting annual sales of vehicles, especially premium vehicles, as well as rising demand for safety features per vehicle, are catalyzing significant demand for blind spot monitor systems.
• The market is also increasing in size, thanks to the established United States New Car Assessment Program (US NCAP), which encourages manufacturers to develop safer vehicles.

All these factors point to a bright scope for manufacturers who are willing to go the extra mile to develop blind spot monitors with up-to-date technology.

Manufacturers Position Themselves for Success in the United Kingdom

The blind spot monitor system installations in the United Kingdom are increasing at a pace of 13.3% CAGR through 2034. By 2034 end, the country is slated to achieve USD 2.7 billion. Key factors that are motivating such dynamics are:

• Running trend of integrating safety features in the vehicle.
• Leading automakers are investing a portion of their turnover in research and development activities to introduce advanced safety features in their latest models or offerings.
• Advanced infrastructure within the country provides a conducive environment for the growth of blind spot monitor manufacturers.
• Growing consumer awareness about vehicle safety is playing a key role in the demand for such systems.

China’s Focus on Vehicle Electrification to Attract Blind Spot Monitor Industry Players

The recent analysis revealed that the industry in China is estimated to account for USD 10.2 billion by 2034. Throughout this course, the market is projected to record an impressive CAGR of 12.5%.

• The emerging trend of vehicle electrification is giving a boost to the sales of blind spot monitors.
• The expanding automotive industry and dropping sensor prices are making automotive ADAS products pocket-friendly. Thus increasing its purchase rate.
• The government is on the same page with leading market players that installing and mandating smart driving can result in better traffic safety.

Japan Leaves Behind Leading Markets With Respect To Growth

The market share of blind spot monitors in Japan is anticipated to attain USD 7.2 billion by 2034. The demand for blind spot monitors is set to expand at a CAGR of 13.5% through 2034.

• Growing demand for feature-rich vehicles and more efficient safety and technology systems are projected to propel product sales.
• Expansion in safety-conscious consumers is also a vital factor that is complementing market growth.
• The concentration of leading automotive companies in Japan, like Toyota and Honda, is also benefitting the blind spot monitor market.

Profitable Prospects in South Korea Attracting Manufacturers

The sales of blind spot monitors in South Korea are projected to accumulate USD 4.2 billion by 2034. The market is anticipated to register a CAGR of 14% through 2034.

• The rising density of blind spot monitor manufacturers in South Korea.
• Increasing advancements in blind spot monitors with the help of advanced technologies.
• Market players are also strategizing to increase their sales by making collaborative efforts with OEMs and other ADAS manufacturers.

Blind Spot Monitor Industry Analysis by Top Investment Segments

Passenger Cars is the Top Performer in the Vehicle Type Category

Attributes	Details
Top Vehicle Type	Passenger Cars
Market Share in 2024	11.6%

The passenger cars segment holds a prominent share of the blind spot monitor market. Key factors that favor such a growth are:

• Stringent laws have been introduced by several governments to outfit vehicles with driver assistance systems to increase vehicle safety.
• Surging passenger car production and demand is also raising the segment size.
• Rising investments in research and development and constant technological advancements by automakers have been instrumental in making automotive blind spot detection systems more cost-effective and convenient to use in different vehicle models.

Ultrasonic to Record a Stellar Growth Rate

Attributes	Details
Top Component Type	Ultrasonic
Market Share in 2024	11.8%

The ultrasonic segment is estimated to register a CAGR of 11.8% through 2034, declining from its earlier staggering CAGR of 17.6% from 2019 to 2023. Key factors that are driving the segment growth are:

• The higher cost-effectiveness of ultrasonic components than the other components like cameras and RADAR is increasing its appeal among manufacturers.
• Growing demand for durable automotive components like ultrasonic that work well even in changing weather conditions, like fog, snow, and rain.
• Easy integration of ultrasonic in the existing vehicle systems is also a key factor that is compelling its sales.

Leading Suppliers in the Blind Spot Monitor Sector

The blind spot monitor market is significantly competitive. Established giants are wielding their recognition power, which has been built over many years. Entrants can be seen trying different techniques to raise the sales of blind spot monitors. Given below are some strategic ideas to gain hold of more market space:

• Market players can partner with leading automakers to gain contracts worth significant amounts and achieve extensive OEM adoption of their blind spot monitors.
• Industry participants can collaborate with tech firms on AI algorithms, sensor fusion, and data analytics to increase system performance and build next-generation solutions.
• Active companies can present aftermarket blind spot monitor kits to serve the present vehicles and gain a wider customer base.
• Key players can highlight the role of blind spot monitors in lowering the accident rate and increasing road safety to capture safety-conscious consumers.
• Industry contenders can focus their marketing efforts on high-growth segments like SUVs, luxury vehicles, and fleets, where demand for superior safety features is substantial.

Strategic Updates from Leading Blind Spot Monitor Companies

• Porsche revealed in May 2023 that it is partnering with Mobileye, an Israel-based company, for the integration of advanced driver assistance technology. Under the agreement, Porsche is expected to include Mobileye’s latest SuperVision driver assistance system in its future models.
• In February 2023, Tata Motors announced the new dark version of the compact SUV called Safari and Harrier for sale in the Indian market. The Safari and Harrier dark editions are equipped with ADAS. The system consists of features like forward collision warning, blind spot detection, etc.
• NXP Semiconductors launched a complex automotive 28nm RFCMOS radar-on-chip family in January 2023. This launch is going to be used in next-generation autonomous driving systems. The radar facilitates safety-critical ADAS applications like blind spot detection and automatic emergency braking.
• GILLIG LLC and RR.AI signed an agreement in January 2022 to build SAE Level 4 Autonomous Vehicle (AV) and ADAS technology to be used in GILLIG transit buses in North America. These companies decided to develop and test safety features like blind spot monitors, automatic emergency braking, and pedestrian avoidance.
• MG launched an advanced 2022 MG ZS EV in the United Kingdom in three trim levels in November 2021. All the variants contain ADAS features like blind spot detection and cross-traffic alert.

Notable Players in the Business Landscape

• Continental AG
• ZF Friedrichshafen AG
• DENSO Corporation
• Mobileye
• Aptiv Plc
• Veoneer Inc.
• Autoliv Inc.
• Valeo SA
• Magna International
• Aisin Seiki Co. Ltd.
• NVIDIA Corporation
• Others

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Component Type
  • 5.1. Ultrasonic
  • 5.2. RADAR
  • 5.3. Camera
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vehicle Type
  • 6.1. Passenger Cars
  • 6.2. Commercial Vehicle
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
  • 7.1. OEM
  • 7.2. Aftermarket
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 8.1. North America
  • 8.2. Latin America
  • 8.3. Europe
  • 8.4. East Asia
  • 8.5. South Asia
  • 8.6. Oceania
  • 8.7. MEA
• 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Key Countries Market Analysis
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. Robert Bosch GmbH
  • 18.2. Continental AG
  • 18.3. Denso Corporation
  • 18.4. Aptiv
  • 18.5. Autoliv Inc.
  • 18.6. Veoneer
  • 18.7. Valeo SA
  • 18.8. NXP Semiconductors NV
  • 18.9. Texas Instruments Incorporated
  • 18.10. ZF Friedrichshafen AG
• 19. Assumptions & Acronyms Used
• 20. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 7: Global Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 8: Global Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 10: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 13: North America Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 14: North America Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 15: North America Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 16: North America Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 18: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 19: Latin America Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 20: Latin America Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 21: Latin America Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 22: Latin America Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 23: Latin America Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 24: Latin America Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

Table 25: Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 27: Europe Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 28: Europe Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 29: Europe Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 30: Europe Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 31: Europe Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 32: Europe Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

Table 33: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 34: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 35: East Asia Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 36: East Asia Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 37: East Asia Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 38: East Asia Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 39: East Asia Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 40: East Asia Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

Table 41: South Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 42: South Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 43: South Asia Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 44: South Asia Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 45: South Asia Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 46: South Asia Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 47: South Asia Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 48: South Asia Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

Table 49: Oceania Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 50: Oceania Market Volume (Units) Forecast by Country, 2019 to 2034

Table 51: Oceania Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 52: Oceania Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 53: Oceania Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 54: Oceania Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 55: Oceania Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 56: Oceania Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

Table 57: MEA Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 58: MEA Market Volume (Units) Forecast by Country, 2019 to 2034

Table 59: MEA Market Value (US$ Million) Forecast by Component Type, 2019 to 2034

Table 60: MEA Market Volume (Units) Forecast by Component Type, 2019 to 2034

Table 61: MEA Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 62: MEA Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 63: MEA Market Value (US$ Million) Forecast by Sales Channel, 2019 to 2034

Table 64: MEA Market Volume (Units) Forecast by Sales Channel, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 6: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 9: Global Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 10: Global Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 11: Global Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 12: Global Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 13: Global Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 14: Global Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 15: Global Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 16: Global Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 17: Global Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 18: Global Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 19: Global Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 20: Global Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 21: Global Market Attractiveness by Component Type, 2024 to 2034

Figure 22: Global Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 23: Global Market Attractiveness by Sales Channel, 2024 to 2034

Figure 24: Global Market Attractiveness by Region, 2024 to 2034

Figure 25: North America Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 26: North America Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 27: North America Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 28: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 29: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 30: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 33: North America Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 34: North America Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 35: North America Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 36: North America Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 37: North America Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 38: North America Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 39: North America Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 40: North America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 41: North America Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 42: North America Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 43: North America Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 44: North America Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 45: North America Market Attractiveness by Component Type, 2024 to 2034

Figure 46: North America Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 47: North America Market Attractiveness by Sales Channel, 2024 to 2034

Figure 48: North America Market Attractiveness by Country, 2024 to 2034

Figure 49: Latin America Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 50: Latin America Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 51: Latin America Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 52: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 54: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 57: Latin America Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 58: Latin America Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 61: Latin America Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 62: Latin America Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 65: Latin America Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 66: Latin America Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 67: Latin America Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 69: Latin America Market Attractiveness by Component Type, 2024 to 2034

Figure 70: Latin America Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 71: Latin America Market Attractiveness by Sales Channel, 2024 to 2034

Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 73: Europe Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 74: Europe Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 75: Europe Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 76: Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 78: Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 81: Europe Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 82: Europe Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 83: Europe Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 84: Europe Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 85: Europe Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 86: Europe Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 87: Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 88: Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 89: Europe Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 90: Europe Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 91: Europe Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 92: Europe Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 93: Europe Market Attractiveness by Component Type, 2024 to 2034

Figure 94: Europe Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 95: Europe Market Attractiveness by Sales Channel, 2024 to 2034

Figure 96: Europe Market Attractiveness by Country, 2024 to 2034

Figure 97: East Asia Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 98: East Asia Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 99: East Asia Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 100: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 101: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 102: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 105: East Asia Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 106: East Asia Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 107: East Asia Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 109: East Asia Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 110: East Asia Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 111: East Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 113: East Asia Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 114: East Asia Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 115: East Asia Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 117: East Asia Market Attractiveness by Component Type, 2024 to 2034

Figure 118: East Asia Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 119: East Asia Market Attractiveness by Sales Channel, 2024 to 2034

Figure 120: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 121: South Asia Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 122: South Asia Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 123: South Asia Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 124: South Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 125: South Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 126: South Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 127: South Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 128: South Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 129: South Asia Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 130: South Asia Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 131: South Asia Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 132: South Asia Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 133: South Asia Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 134: South Asia Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 135: South Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 136: South Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 137: South Asia Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 138: South Asia Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 139: South Asia Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 140: South Asia Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 141: South Asia Market Attractiveness by Component Type, 2024 to 2034

Figure 142: South Asia Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 143: South Asia Market Attractiveness by Sales Channel, 2024 to 2034

Figure 144: South Asia Market Attractiveness by Country, 2024 to 2034

Figure 145: Oceania Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 146: Oceania Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 147: Oceania Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 148: Oceania Market Value (US$ Million) by Country, 2024 to 2034

Figure 149: Oceania Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 150: Oceania Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 151: Oceania Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 152: Oceania Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 153: Oceania Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 154: Oceania Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 155: Oceania Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 156: Oceania Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 157: Oceania Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 158: Oceania Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 159: Oceania Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 160: Oceania Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 161: Oceania Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 162: Oceania Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 163: Oceania Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 164: Oceania Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 165: Oceania Market Attractiveness by Component Type, 2024 to 2034

Figure 166: Oceania Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 167: Oceania Market Attractiveness by Sales Channel, 2024 to 2034

Figure 168: Oceania Market Attractiveness by Country, 2024 to 2034

Figure 169: MEA Market Value (US$ Million) by Component Type, 2024 to 2034

Figure 170: MEA Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 171: MEA Market Value (US$ Million) by Sales Channel, 2024 to 2034

Figure 172: MEA Market Value (US$ Million) by Country, 2024 to 2034

Figure 173: MEA Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 174: MEA Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 175: MEA Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 176: MEA Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 177: MEA Market Value (US$ Million) Analysis by Component Type, 2019 to 2034

Figure 178: MEA Market Volume (Units) Analysis by Component Type, 2019 to 2034

Figure 179: MEA Market Value Share (%) and BPS Analysis by Component Type, 2024 to 2034

Figure 180: MEA Market Y-o-Y Growth (%) Projections by Component Type, 2024 to 2034

Figure 181: MEA Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 182: MEA Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 183: MEA Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 184: MEA Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 185: MEA Market Value (US$ Million) Analysis by Sales Channel, 2019 to 2034

Figure 186: MEA Market Volume (Units) Analysis by Sales Channel, 2019 to 2034

Figure 187: MEA Market Value Share (%) and BPS Analysis by Sales Channel, 2024 to 2034

Figure 188: MEA Market Y-o-Y Growth (%) Projections by Sales Channel, 2024 to 2034

Figure 189: MEA Market Attractiveness by Component Type, 2024 to 2034

Figure 190: MEA Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 191: MEA Market Attractiveness by Sales Channel, 2024 to 2034

Figure 192: MEA Market Attractiveness by Country, 2024 to 2034