Automotive adaptive cruise control market is expected to rise with a healthy CAGR of 14.45% in the forecast period of 2019-2026. Increasing road accidents and increasing demand for luxury cars is driving the growth of this market.
Automotive adaptive cruise control or autonomous cruise control is a technology which controls and maintains the speed of the vehicles. They usually use electronic brake system and powertrain so that they can adjust the speed. These system uses technologies like RADAR, laser, LIDAR and ultrasonic. Assisting systems, multi- sensors systems and predictive systems are three of the common type of the automotive adaptive cruise control system.
Market Drivers and Restraints:
Rising demand of automotive adaptive cruise control in vehicles is driving the growth of this market
Increasing awareness about passenger safety among population is driving the market
Rising disposable income will enhance the market growth
Increasing prevalence for luxury and premium cars among population is also driving the market growth
Inefficiency of automotive adaptive cruise control in fog, rainfalls and snowfalls is restraining the market growth
High sensitivity of the sensor is another factor restraining the growth of this market.
The major players covered in the Automotive Adaptive Cruise Control Market
Few of the major competitors currently working in the global automotive adaptive cruise control market are Continental AG, Delphi Technologies, DENSO CORPORATION, Autoliv Inc, Magna International Inc., WABCO, Robert Bosch GmbH, ZF Friedrichshafen AG, Knorr-Bremse AG, Mobileye., Mando-Hella Electronics Corp., Valeo, HYUNDAI MOBIS, Delphi Technologies, Hitachi, Ltd., PRECO Electronics.
Major TOC Of The Report
Chapter One: Automotive Adaptive Cruise Control Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Automotive Adaptive Cruise Control Market Competition, by Players
Chapter Four: Global Automotive Adaptive Cruise Control Market Size by Regions
Chapter Five: North America Automotive Adaptive Cruise Control Market Revenue by Countries
Chapter Six: Europe Automotive Adaptive Cruise Control Market Revenue by Countries
Chapter Seven: Asia-Pacific Automotive Adaptive Cruise Control Market Revenue by Countries
Chapter Eight: South America Automotive Adaptive Cruise Control Market Revenue by Countries
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Automotive Adaptive Cruise Control Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Automotive Adaptive Cruise Control Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Automotive Adaptive Cruise Control Market
A roadmap of growth opportunities available in the global Automotive Adaptive Cruise Control Market with the identification of key factors
The exhaustive analysis of various trends of the global Automotive Adaptive Cruise Control Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Automotive Adaptive Cruise Control Market?
What will the Automotive Adaptive Cruise Control Market Demand and what will be Growth?
What are the latest opportunities for Automotive Adaptive Cruise Control Market in the future?
What are the strengths of the key players?
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