Skip to main content

Automotive Adaptive Cruise Control Market: Recent Industry Developments and Growth Strategies Adopted by Players

According to a new market report published by Transparency Market Research “Automotive Adaptive Cruise Control Market: (By Technology: RADAR, LIDAR; By Mode of Operation: Normal Adaptive Cruise Control and Connected Adaptive Cruise Control; By Vehicle: Passenger Vehicle, Commercial Vehicle; By Region: North America, Europe, Latin America, Asia Pacific, and Middle East and Africa) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025”, the global automotive adaptive cruise control market was valued at US$ 6.60 Bn in 2016 and is expected to propagate at a CAGR of 14.27% during the forecast period from 2017 to 2025 to reach US$ 22.1 Bn in 2025.

Automotive adaptive cruise control market across the globe primarily features RADAR sensors owing to its better efficiency even in adverse weather conditions. Owing to the advantages and the higher range of detection, the RADAR sensor is expected to be more preferable option than LIDAR sensors. The growing adoption of automotive adaptive cruise control systems in the vehicles is witnessed chiefly due to increased incidences of road accidents and growing concerns towards road safety awareness.

This is also likely to be amplified by government stringent policies towards the road safety. Globally, rise in younger population is also being considered as one of the major factor that is likely to boost the demand for automotive adaptive cruise control as aged population is more susceptible to retinal breaks and require effective care. Although aged population across the globe shall be more benefitted with such assistive technology with the aid to drive efficiently.

Request Brochure  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=37937

In terms of technology, the adaptive cruise control system market is segmented based on RADAR and LIDAR sensors. RADAR sensors are dominant market share holder of the adaptive cruise control system market, which accounts for about 83.12% share of the total revenue in 2016.

In terms of mode of operation, the adaptive cruise control system market is segregated as, normal adaptive cruise control system and connected adaptive cruise control system. Normal adaptive cruise control system segment holds largest share of 97.51% of the total adaptive cruise control system market. The connected adaptive cruise control system segment is likely to boost in the market with the increased demand for the autonomous vehicles.

Get Table Of Content  https://www.transparencymarketresearch.com/report-toc/37937

The automotive adaptive cruise control industry is highly fragmented with the presence of small and medium sized manufacturers. Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, DENSO CORPORATION, Delphi Automotive LLP, Preco Electronics, Autoliv Inc., Valeo, Magna International, WABCO, Hitachi Ltd., and Mando Corp. are major players operating in the market of adaptive cruise control system.

 

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...
Post a Comment
Read more

Washer System for Vehicle Market: Key Players and Production Information analysis

The washer system used in vehicles is a vital convenience and safety feature. The washer system removes the dirt and water and improves the visibility to aid driver. The washer system consist of a water tank, water pump, wiper arms, motor and other components. Technological advancements has led to development of headlight washer technologies with the conventional windshield washer system. The windshield washer system is mandatory across all the regions, with differences in wiping area. The demand for optimal visibility has led to rise in wiper blade trends and evolution of beam blade and hybrid blade. Luxury vehicles such as Mercedes has started using integrated blades with water jets. The use of this technology allows saving space and light weighting of the vehicle as it consumes less water and permits vehicle to have a smaller washer tank. The washer system with integrated jets cleanse the windshield without any smudge and obtains better visibility. Read Comprehensive Overview of R...
Post a Comment
Read more

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

  The growing popularity of digital currency has played an integral role in driving sales across the global  cryptocurrency market.  The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...
Post a Comment
Read more