-- Advancements in technology, have driven the passengers to install adaptive cruise control in their vehicle for improved safety. Automotive Adaptive Cruise Control Market Information Report by Technology (Lidar, Radar, Laser and Ultrasonic), Vehicle Type (Passenger car and Commercial Vehicle), End use (OEM and Aftermarket), and region.
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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. This study provides an overview of the global automotive adaptive cruise control market, tracking three market segments across four geographic regions.
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. 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
Adaptive cruise control is used to control the speed of the car and other vehicle technology. It maintains the speed of the car by either slowing down or speeding up the vehicle, automatically, to keep pace with other cars. Adaptive cruise control (ACC) is a trending technology for intelligent cars. It uses sensors that detect the distance between two cars, which improves driver safety and convenience. They also increase the road capacity by keeping safe distance between the two cars. ACC guides the drivers through the collision warning system installed on-board. It is also attached with pre-crash system and alerts the vehicle by automatically applying brakes.
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.
Table Of Contents: Intended Audience
Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Table Of Content:
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
Continued…
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