According to a new report published by Reports Monitor titled, “Adaptive Cruise Control Market By Technology, Vehicle Type & End-use: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the adaptive cruise control market is projected to grow rapidly from 2017 to 2025.
The growth of the global adaptive cruise control system market is highly depending on the rising number of accidents due to increase in traffic. With upgrading technology, people likely to adopt ACC system for safety purpose and willing to pay more for installation which could be the major growth factor for adaptive cruise control market. Moreover, increasing disposable incomes and greater sales of premium and luxury vehicles could be one of the growth factor to drive the market. Government initiatives to improve fuel efficiencies and safety attributes of vehicles are motivating the manufacturers to apply such integrated systems to ensure safety as well as to comply with the government regulations.
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However, the regions with higher intensity of fog, traffic, rain and snowfalls are pushing away buyers to adopt the ACC system which could hinder the adaptive cruise control market growth. Furthermore, many manufacturers implementing high end safety sensors in producing vehicle which make buyers confused to choose exact product from number of options.
This report presents a detailed evaluation of adaptive cruise control, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach.
Continuous investment in research and development of automotive sector and rising demands of premium and luxury cars is expected to drive the North American market which is followed by Europe. The Asia Pacific region includes the emerging markets like Thailand, India and China.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global adaptive cruise control market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
View Full Report Description with TOC- https://goo.gl/ZP4RQS
The major companies profiled in the report include- Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, DENSO CORPORATION, Delphi Automotive LLP, Preco Electronics, Autoliv Inc., Valeo, Magna International, WABCO, Hitachi Ltd., and Mando Corp.
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
Some Points from TOC-
1. Introduction
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
4. Technology Overview
4.1. Introduction
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. LIDAR
4.2.2. RADAR
4.2.3. LASER
4.2.4. Ultrasonic
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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