Global Adaptive Cruise Control Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Adaptive Cruise Control Market is presumed to reach the market size of nearly USD 11.78 Billion by 2032 from USD 4.76 Billion in 2023 with a CAGR of 10.59% under the study period 2024-2032.

Adaptive cruise control (ACC) is a device that helps drivers keep a safe following distance and stay under the speed limit on the road. This method adjusts the speed of a car without the need for the driver to do so. Sensory technology installed in automobiles, including cameras, lasers, and radar equipment, allows ACC to calculate the distance between two cars or other objects on the road. As a result, ACC is the foundation for future car intelligence. The driver selects the maximum speed, and the car automatically accelerates and decelerates based on the vehicles surrounding it in an adaptive cruise control system. Electronic sensors are used to make this happen. The radar sensors detect any approaching cars or potential impediments and adjust the speed accordingly. There may be an audible warning as well. Driving has been made easier on highways and in congested areas because of advancements in adaptive cruise control systems.

MARKET DYNAMICS

Adaptive cruise control (ACC) system market growth has been aided by significant R&D investment. Furthermore, the sector is expanding due to an increase in the use of ACC by automakers. Again, rising customer demand for safety and advanced driver aid systems could fuel Adaptive cruise control (ACC) system market expansion. People's living standards have improved in industrialized economies. This has resulted in a rise in luxury automobile sales and manufacturing. Because ACC is now standard in the majority of luxury vehicles, the market for ACC has expanded at the same time. Other important factors driving the global adaptive cruise control market include an increase in road accidents due to increased traffic and a lack of safety measures, the incorporation of collision avoidance and advanced braking systems in modern automobiles, stringent government regulations concerning road and passenger safety, and manufacturers' increasing focus on introducing advanced automotive safety features that comply with regulatory norms. However, sensor failure in adaptive cruise control systems may limit market expansion.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Adaptive Cruise Control. The growth and trends of Adaptive Cruise Control industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Adaptive Cruise Control market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Standalone ACC Systems
Integrated ACC Systems

By Technology

Ultrasonic Sensor
Lidar Sensor
Radar Sensor
Camera Sensor
Infrared Sensor
Pressure Sensor

By Vehicle Type

Passenger Cars (Hatchbacks, Sedans, Suvs)
Commercial Vehicles (Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Buses, Trucks)

By End-User

OEMs (Original Equipment Manufacturers)
Aftermarket

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Adaptive Cruise Control market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Adaptive Cruise Control market include Bosch, Continental AG, Denso Corporation, Magna International Inc., Valeo SA, ZF Friedrichshafen AG, Autoliv Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11217085

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. ADAPTIVE CRUISE CONTROL - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Technology
- 3.7.3 Market Attractiveness Analysis By Vehicle Type
- 3.7.4 Market Attractiveness Analysis By End-User
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL ADAPTIVE CRUISE CONTROL MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data Analysis By Type
5.3. Standalone ACC Systems Historic and Forecast Sales By Regions
5.4. Integrated ACC Systems Historic and Forecast Sales By Regions

6. GLOBAL ADAPTIVE CRUISE CONTROL MARKET ANALYSIS BY TECHNOLOGY

6.1. Overview By Technology
6.2. Historical and Forecast Data Analysis By Technology
6.3. Ultrasonic Sensor Historic and Forecast Sales By Regions
6.4. Lidar Sensor Historic and Forecast Sales By Regions
6.5. Radar Sensor Historic and Forecast Sales By Regions
6.6. Camera Sensor Historic and Forecast Sales By Regions
6.7. Infrared Sensor Historic and Forecast Sales By Regions
6.8. Pressure Sensor Historic and Forecast Sales By Regions

7. GLOBAL ADAPTIVE CRUISE CONTROL MARKET ANALYSIS BY VEHICLE TYPE

7.1. Overview By Vehicle Type
7.2. Historical and Forecast Data Analysis By Vehicle Type
7.3. Passenger Cars (Hatchbacks, Sedans, Suvs) Historic and Forecast Sales By Regions
7.4. Commercial Vehicles (Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Buses, Trucks) Historic and Forecast Sales By Regions

8. GLOBAL ADAPTIVE CRUISE CONTROL MARKET ANALYSIS BY END-USER

8.1. Overview By End-User
8.2. Historical and Forecast Data Analysis By End-User
8.3. OEMs (Original Equipment Manufacturers) Historic and Forecast Sales By Regions
8.4. Aftermarket Historic and Forecast Sales By Regions

9. GLOBAL ADAPTIVE CRUISE CONTROL MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE ADAPTIVE CRUISE CONTROL COMPANIES

10.1. Adaptive Cruise Control Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF ADAPTIVE CRUISE CONTROL INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Bosch
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. Continental AG
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Denso Corporation
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. Magna International Inc.
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. Valeo SA
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. ZF Friedrichshafen AG
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. Autoliv Inc
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies