The global Adaptive Cruise Control Market is forecasted to be worth USD 62.36 Billion by 2027, according to a current analysis by Emergen Research. The adaptive cruise control market is forecasted to grow substantially throughout the forecast period due to the increasing demand for advanced technology to avoid rear-end collisions and rising preference for automated vehicles to eases the other activities while driving. Besides, the increasing government initiatives for implementing low emission and energy-efficient vehicles is expected to boost market growth shortly. 

The report on the Global Adaptive Cruise Control Market is an investigative study that offers insights into the trends and opportunities in the Adaptive Cruise Control industry. Additionally, the report sheds light on various industry verticals such as company profiles, competitive landscape, product portfolio, geographical scope, recent developments, market share and size, and revenue analysis, among others. The report also offers an in-depth analysis of the global market, market segmentation, revenue growth estimations, and market scope in the key geographical regions of the world.

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Key Highlights From The Report

  • In July 2019, Velodyne Lidar, Inc. acquired Mapper.ai. This acquisition will enhance the capabilities of Velodyne for adaptive cruise control and advanced driver assistance systems.
  • The passenger car segment is forecasted to hold the largest market throughout the forecast period, with a CAGR of 21.2% owing to the growing demand for fuel-efficient cars.
  • Due to the presence of key market leaders like Robert Bosch GmbH, ZF Friedrichshafen AG, Valeo SA, and Continental AG, the European region is expected to dominate the market over the forecast period.
  • North America region is accounted for the second-largest market and is expected to grow significantly with a CAGR of 20.9% during the forecast period due to the government initiatives to implement energy-efficient vehicles.
  • Key participants include DENSO Corporation, Robert Bosch GmbH, Continental AG, Velodyne Lidar, Inc., Delphi Automotive LLP, Magna International Inc, Autoliv Inc., Valeo SA, ZF Friedrichshafen AG, and Mando Corporation, among others.

Market Segmentation:

Emergen Research has segmented the global Adaptive Cruise Control Market on the basis of vehicle, type, technology, and region:

  • Vehicle Outlook (Revenue, USD Billion; 2017-2027)
    • Commercial Vehicle
    • Passenger Car
  • Type Outlook (Revenue, USD Billion; 2017-2027)
    • Assisting Systems
    • Multi-Sensor Systems
    • Predictive Systems
  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    • LiDAR
    • Image
    • Ultrasonic
    • Radar

Regional Analysis:

The research study also offers insights into various regulatory frameworks and evaluates the growth of the industry in each key region of the world. The report also provides an assessment of the micro and macro-economic factors influencing the growth of the market in the mentioned regions. The global Adaptive Cruise Control market is segmented into the following based on the key regions of the world:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of the Global Adaptive Cruise Control Market Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast estimation and assessment of the Global Adaptive Cruise Control Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global Adaptive Cruise Control Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global Adaptive Cruise Control Market

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Adaptive Cruise Control Market Segmentation & Impact Analysis
    4.1. Adaptive Cruise Control Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. The rising cases of road accidents
                    4.2.2.2. The increasing demand for safety features
                    4.2.2.3. The increasing government initiatives for implementing autonomous vehicles
          4.2.3. Market restraints analysis
                    4.2.3.1. Adverse weather conditions
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkdIn | Twitter | Blogs