Automotive Adaptive Cruise Control Market 2018 Global Analysis By Size, Region, Trends To 2023 - Mando, Magna, Delphi, Autoliv, And Robert Bosch

Automotive Adaptive Cruise Control Market 2018 Global Industry Forecast to 2023 is latest research report on Global Automotive Adaptive Cruise Control Market Size, Share, Key Players, and Growth Outlook to 2023. Global Automotive Adaptive Cruise Control market is expected to be valued at USD 15,457.25 million by 2023 with a CAGR of 8.56%. Automotive Adaptive Cruise Control Market segment analyzed By Technology (Lidar, Radar, Laser and Ultrasonic), Vehicle Type (Passenger car and Commercial Vehicle), End use (OEM and Aftermarket), and region.

Automotive Adaptive Cruise Control Market Prominent players in the global industry that are included in the report 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).

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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. 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 current trend in automotive industry is the shift toward automation. Many manual transmission parts are replaced by automated transmitted components for better efficiency. The adaptive cruise control is the automated technology, which controls the speed of the vehicle by detecting the distance between two vehicles. The control of the speed will reduce the chance of accidents and improve the safety of the passenger. Adaptive cruise control is a trending technology in intelligent cars. The system uses different technology such as lidar, radar, laser and ultrasonic. The most common type of technology used is radar, which detects automatically the distance between the two vehicles. The adaptive cruise control warns the passenger by giving an alarm signal about over-speeding. In some cases, adaptive cruise control automatically applies brake to minimize the chances of accidents.

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

Regional Analysis:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. North America is expected to dominate the adaptive cruise control market during the forecast period due to the increase in vehicle production and stringent government regulations for the safety. The National Highway Traffic Safety Administration have set up various regulations for the passenger safety in cars. Due to the increase in the stringent government regulations, people have adopted adaptive cruise control. This increase in the use of adaptive cruise control is expected to lead to the growth of this region during the forecast period. Europe is expected to be the second largest market that is expected to grow during the forecast period. Asia Pacific is expected to grow with highest CAGR during the forecast period.

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Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

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