Adaptive Cruise Control Market 2018 Global Industry Size, Share, Statistics, Growth Factors, Key Players Analysis With Forecast To 2023

Adaptive Cruise Control Market Research Report 2018 expands Global Adaptive Cruise Control Market by Size, Share, Growth Drivers, Restraints, Key Players, and Upcoming Opportunities with Regional Outlook to 2023.  Report segments Adaptive Cruise Control Market by Technology (Lidar, Radar, Laser and Ultrasonic), Vehicle Type (Passenger car and Commercial Vehicle), End use (OEM and Aftermarket), and region.

Adaptive Cruise Control Companies Reviewed Are: The key players in automotive adaptive cruise control market are Autoliv Inc. (Sweden), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Robert Bosch GmbH (Germany), Valeo SA (France), Hyundai Mobis (South Korea), ZF Friedrichshafen AG (Germany), Magna International Inc (Canada), and Mando Corporation (South Korea).

Adaptive Cruise Control Global Market Highlights:

The factors helping the growth of automotive adaptive cruise control market are advancement in technology, increase in sale of passenger cars in emerging countries, and growing need for passenger safety. Advancements in technology, have driven the passengers to install adaptive cruise control in their vehicle for improved safety. The demand for better passenger safety, have led to growing use of adaptive cruise control in their vehicle. The increased use of ACC have led to growth of the market during the forecast period.

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The increase in the sale of passenger cars in the emerging nations, have led to the increased use of adaptive cruise control in vehicles. This has also led to the growth of the market. The rising number of accidents have led to increase in installation of adaptive cruise control in vehicles. All the above factors have led to the growth of the market during the forecast period. The market is expected to be valued at USD 15,457.25 million by 2023 with a CAGR of 8.56%.

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. North America region is expected to dominate the adaptive cruise control market during the forecast period due to the increase in production of vehicles, and stringent government regulations. The increased use of adaptive cruise control in vehicles, has also led to the growth of the region. Different government administration such as The National Highway Traffic Safety Administration have adopted some safety regulations in cars. These stringent regulations have led to the increased use of adaptive cruise control in the vehicle.  Europe is expected to be the second largest market during the forecast period due to the increase in the sale of passenger and commercial vehicles. The increase in the sale of passenger and commercial vehicles have led to the growth of this market. Asia Pacific is expected to grow at the highest CAGR during the forecast period due to rise in the number of electric vehicles in China. The growing electric vehicle is expected to lead to increase in use of adaptive cruise control, which will ultimately result in the growth of the market during the forecast period.

Scope of the Report:

This study provides an overview of the global automotive adaptive cruise control market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive Adaptive Cruise Controls market by its technology, vehicle type, end-use, and region

The report for Global Automotive Adaptive Cruise Control Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Intended Audience:

Manufacturers of Adaptive Cruise Control

Raw material suppliers for Adaptive Cruise Control

Government and research organization

Investment bankers and M&A Consultants

Table of Contents:

1 Executive Summary

2 Scope Of The Report

Market Definition

Scope Of The Study

Definition                     

Research Objective

Assumptions

Limitations

Research Process

Primary Research

Secondary Research

Market Size Estimation

Forecast Model

3 Market Landscape

Porter’s Five Forces Analysis

Threat Of New Entrants

Bargaining Power Of Buyers

Threat Of Substitutes

Segment Rivalry

Bargaining Power Of Buyers

Value Chain/Supply Chain Analysis

4 Market Dynamics

Introduction

Market Drivers

Market Restraints

Market Opportunities

Market Trends

Continued…

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