Adaptive Cruise Control Market to 2019 | Investment Analysis, Market Overview and Industry Insights | By StraitsResearch.com

Adaptive Cruise Control Market

Global adaptive cruise control market is expected to grow at a CAGR of 13.2 % during the forecast period, 2019–2026.

Adaptive cruise control system is also known as traffic-aware cruise control which are optional cruise control in cars used to detect the distance between the two vehicles and maintain the safe distance between two vehicles. Adaptive cruise control is based on the control sensors components like laser, and radar. These components setup allow vehicle to lower the speed when it detects the car approaching another vehicle and then accelerate when traffic is cleared. Adaptive cruise control systems considered as a key component for future generation of intelligent cars. Adaptive cruise control system is similar like conventional cruise control system maintains the vehicle pre-set cars speed however, the adaptive cruise control systems automatically adjusts the distance between vehicles in same lane. 

Growing demand for passenger cars and commercial vehicles globally is increasing the growth of adaptive cruise control market. Growing disposable income, standard of living and growing infrastructure is some of factors responsible for growth of adaptive cruise control market. According to OICA, the sales of passenger grew by 7.89 percent as on April-March 2018 over the same as last year period. 

Increasing number of accidents is one of the major drivers responsible for growth of adaptive cruise control market. Road accidents are causing deaths across various regions around the globe. Thus, there has been continuously demand for increasing safety features to be installed during manufacturing of vehicles. Adaptive cruise control system will help to control the speed of vehicles and maintain the safe distance between two vehicles. According to WHO, approximately 1.35 million people died each year due to road accidents. More than half of the death are among the road users like pedestrians, cyclist, and motorcyclist.

Adaptive cruise control market is segmented based on vehicles types into passenger car and commercial vehicles. Adaptive cruise control is used in passenger and commercial cars in order to reduce the road accidents and provide more safety. Government regulations are taking initiatives to strengthen rules to adapt the adaptive cruise control systems to increase the safety. 

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The Major Prominent Players Covered in this Report:
Autoliv Inc. (Sweden), Continental AG (Germany), DENSO CORPORATION (Japan), Delphi Automotive PLC (U.K), Robert Bosch GmbH (Germany), HYUNDAI MOBIS (South Korea), ZF Friedrichshafen (Germany), Magna International Inc., (Canada), and Mando Corporation (South Korea).

By Technology, Lidar, Laser, Radar, Ultrasonic
By Vehicle Type, Passenger car, Commercial vehicle
By end use, OEMs, Aftermarket & More.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Adaptive Cruise Control Market Trends:
- The report identifies, determines, and forecasts the Global Adaptive Cruise Control Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Adaptive Cruise Control Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studied the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Adaptive Cruise Control Market.

Key Questions Answered in The Report:
What will the Adaptive Cruise Control market growth rate?
What are the key factors driving the global Adaptive Cruise Control market?
Who are the key manufacturers in the Adaptive Cruise Control market space?
What are the market opportunities, market risk, and market overview of the Adaptive Cruise Control market?
What are sales, revenue, and price analysis of top manufacturers of the Adaptive Cruise Control market?
Who are the distributors, traders, and dealers of the Adaptive Cruise Control market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Adaptive Cruise Control Industry?
What are sales, revenue, and price analysis by regions of Adaptive Cruise Control industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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