openPR Logo
Press release

With 7% CAGR, Automotive Hill Descent Control Market Size 3.1 Million Units by 2027

01-11-2023 03:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Automotive Hill Descent Control Market

Automotive Hill Descent Control Market

IMARC Group's latest research report, titled "Automotive Hill Descent Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global automotive hill descent control market size reached 2.1 Million Units in 2021. Looking forward, IMARC Group expects the market to reach 3.1 Million Units by 2027, exhibiting a growth rate (CAGR) of 7% during 2022-2027.

Automotive hill descent control (HDC) represents an assistance system that enables the vehicle to land on a slope at a controlled speed. It is designed as a safety feature to aid in driving through steep terrains using the cruise control system of the vehicle. Automotive HDC operates along with anti-lock braking (ABS) and a traction control mechanism to independently control the speed of the car and maximize the grip on each wheel. Automobile manufacturers are providing this feature with electrical stability control (ESC) systems and ABS to deliver predictive cruise control and improve overall fuel efficiency. Automotive HDC also enables the driver to maintain a pre-determined safe speed and underlines on identifying potential hazards. As a result, this system finds widespread applications in passenger and light and heavy commercial vehicles.

Get Free Sample Copy of Report at - https://www.imarcgroup.com/automotive-hill-descent-control-market/requestsample

Market Growth and Demand:

The escalating usage of global positioning system (GPS)-assisted cruise control with these systems is among the primary factors driving the automotive hill descent control market. Besides this, the integration of autonomous terrain profiling and driving techniques in modern automobiles is further augmenting the market growth. Moreover, various technological advancements, such as the introduction of connected all-terrain driving systems that utilize dedicated short-range communications (DSRC) for vehicle-to-vehicle short or medium-range wireless communications, are also catalyzing the global market. Apart from this, several innovative technologies, including 3D path sensing, overhead clearance assistance, and terrain-based speed adaptation systems, are extensively used in passenger and commercial automobiles, which are acting as significant growth-inducing factors. Furthermore, the inflating expenditure capacities of the masses and the elevating demand for luxury and semi-utility vehicles (SUVs) are anticipated to propel the automotive hill descent control market over the forecasted period.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-hill-descent-control-market

Key Players of the Market:

• Continental AG
• Borg Warner Inc
• Hyundai Mobis, Co., Ltd
• Murata Manufacturing Co., Ltd
• Robert Bosch GmbH
• WABCO Holdings Inc
• ZF Friedrichshafen AG

Key Market Segmentation:

Breakup by Component:

• Sensors
o Wheel Sensors
o Torque Sensors
o Angle Sensors
o Pressure Sensors
• Actuators
• Electronic Control Unit

Breakup by Vehicle Type:

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release With 7% CAGR, Automotive Hill Descent Control Market Size 3.1 Million Units by 2027 here

News-ID: 2879425 • Views:

More Releases from IMARC Group

Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, and Financial Outlook
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, an …
Bamboo fiber is a natural, eco-friendly textile material extracted from bamboo pulp through mechanical or chemical processing. Known for its softness, breathability, and antibacterial properties, it serves as a sustainable alternative to cotton and synthetic fibers. Bamboo fiber is widely used in textiles, home furnishings, hygiene products, and industrial applications. Its natural moisture absorption and biodegradability make it highly desirable for environmentally conscious consumers and industries seeking renewable raw materials
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 2025-2033
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 202 …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The Indonesia coal market size reached

All 5 Releases


More Releases for Automotive

Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030. Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident. In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business. Get Sample Copy of this Report for more Information
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of