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Automotive ACC System Market, Global Outlook and Forecast 2024-2031

Automotive ACC System Market, Global Outlook and Forecast 2024-2031

  • Published on : 06 January 2024
  • Pages :68
  • Report Code:SMR-7875724

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Report overview

Active Cruise Control system (the Adaptive Cruise Control, ACC) similar to the traditional Cruise Control, also known as Adaptive Cruise Control system, the system includes a radar sensor, a digital signal processor and a Control module.
This report aims to provide a comprehensive presentation of the global market for Automotive ACC System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive ACC System. This report contains market size and forecasts of Automotive ACC System in global, including the following market information:
Global Automotive ACC System Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Automotive ACC System market was valued at US$ 3469.6 million in 2023 and is projected to reach US$ 8218.9 million by 2029, at a CAGR of 13.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major drivers of growth for this market are increasing luxury and premium vehicle production, rising number of accidents, government initiatives to improve fuel efficiency and safety attributes, and consumer willingness to pay for comfort and safety.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive ACC System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive ACC System Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Automotive ACC System Market Segment Percentages, by Type, 2023 (%)
Radar
LIDAR
Sensor Fusion
Global Automotive ACC System Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Automotive ACC System Market Segment Percentages, by Application, 2023 (%)
Passenger Car
Commercial Vehicle
Global Automotive ACC System Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Automotive ACC System Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive ACC System revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Automotive ACC System revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF TRW Automotive Holdings
Delphi Automotive
Continental
Robert Bosch GmbH
Denso
Magna International
Autoliv
Valeo
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive ACC System, market overview.
Chapter 2: Global Automotive ACC System market size in revenue.
Chapter 3: Detailed analysis of Automotive ACC System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive ACC System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.