Adaptive Cruise Control Market Scope and Size by 2031
The automotive industry players are constantly capitalizing on development of advanced technologies in order to enhance the safety of the passengers and vehicles. The electronic industry players have also facilitated the automotive industry to flourish and nurture various different technologies. The demand for technologically enhanced braking systems and collision avoidance system has led to the development of adaptive cruise control system. With the development of this system, the developers have witnessed significant adoption of the same, which resulted in growth in adaptive cruise control market.
MARKET DYNAMICS
The trend of integrating sophisticated technologies on the passenger cars as well as commercial vehicle is catalyzing the growth of adaptive cruise control market. The automotive market players are increasingly partnering with technology and electronics industry players to innovate and develop advanced systems for their vehicles. This factor is a key propellant for adaptive cruise control market. The adaptive cruise control market is anticipated to soar in the coming years, owing to the increasing interest for the technology from the end user in the developing countries.
MARKET SCOPE
The "Global Adaptive Cruise Control Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of adaptive cruise control market with detailed market segmentation by technology, vehicle type and geography. The global adaptive cruise control market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading adaptive cruise control market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global adaptive cruise control market is segmented on the basis of technology, vehicle type. Based on technology, the market is segmented as LiDAR, laser, and radar. Based on vehicle type, the market is segmented into passenger cars and commercial vehicles.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global adaptive cruise control market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The adaptive cruise control market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting adaptive cruise control market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the adaptive cruise control market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global adaptive cruise control market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The adaptive cruise control market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting adaptive cruise control market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the adaptive cruise control market in these regions.
MARKET PLAYERS
The reports cover key developments in the adaptive cruise control market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from adaptive cruise control market are anticipated to lucrative growth opportunities in the future with the rising demand for adaptive cruise control in the global market. Below mentioned is the list of few companies engaged in the adaptive cruise control market.
The report also includes the profiles of key adaptive cruise control companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AUTOLIV INC.
- CONTINENTAL AG
- DELPHI AUTOMOTIVE PLC
- DENSO CORPORATION
- FORD MOTOR COMPANY
- HYUNDAI MOBIS
- MAGNA INTERNATIONAL INC.
- ROBERT BOSCH GMBH
- WABCO
- ZF FRIEDRICHSHAFEN
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Adaptive Cruise Control Market - By Technology
1.3.2 Adaptive Cruise Control Market - By Vehicle Type
1.3.3 Adaptive Cruise Control Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ADAPTIVE CRUISE CONTROL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ADAPTIVE CRUISE CONTROL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ADAPTIVE CRUISE CONTROL MARKET - GLOBAL MARKET ANALYSIS
6.1. ADAPTIVE CRUISE CONTROL - GLOBAL MARKET OVERVIEW
6.2. ADAPTIVE CRUISE CONTROL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ADAPTIVE CRUISE CONTROL MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. LIDAR
7.3.1. Overview
7.3.2. LiDAR Market Forecast and Analysis
7.4. LASER
7.4.1. Overview
7.4.2. Laser Market Forecast and Analysis
7.5. RADAR
7.5.1. Overview
7.5.2. Radar Market Forecast and Analysis
8. ADAPTIVE CRUISE CONTROL MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Commercial Vehicles Market Forecast and Analysis
9. ADAPTIVE CRUISE CONTROL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Adaptive Cruise Control Market Overview
9.1.2 North America Adaptive Cruise Control Market Forecasts and Analysis
9.1.3 North America Adaptive Cruise Control Market Forecasts and Analysis - By Technology
9.1.4 North America Adaptive Cruise Control Market Forecasts and Analysis - By Vehicle Type
9.1.5 North America Adaptive Cruise Control Market Forecasts and Analysis - By Countries
9.1.5.1 United States Adaptive Cruise Control Market
9.1.5.1.1 United States Adaptive Cruise Control Market by Technology
9.1.5.1.2 United States Adaptive Cruise Control Market by Vehicle Type
9.1.5.2 Canada Adaptive Cruise Control Market
9.1.5.2.1 Canada Adaptive Cruise Control Market by Technology
9.1.5.2.2 Canada Adaptive Cruise Control Market by Vehicle Type
9.1.5.3 Mexico Adaptive Cruise Control Market
9.1.5.3.1 Mexico Adaptive Cruise Control Market by Technology
9.1.5.3.2 Mexico Adaptive Cruise Control Market by Vehicle Type
9.2. EUROPE
9.2.1 Europe Adaptive Cruise Control Market Overview
9.2.2 Europe Adaptive Cruise Control Market Forecasts and Analysis
9.2.3 Europe Adaptive Cruise Control Market Forecasts and Analysis - By Technology
9.2.4 Europe Adaptive Cruise Control Market Forecasts and Analysis - By Vehicle Type
9.2.5 Europe Adaptive Cruise Control Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Adaptive Cruise Control Market
9.2.5.1.1 Germany Adaptive Cruise Control Market by Technology
9.2.5.1.2 Germany Adaptive Cruise Control Market by Vehicle Type
9.2.5.2 France Adaptive Cruise Control Market
9.2.5.2.1 France Adaptive Cruise Control Market by Technology
9.2.5.2.2 France Adaptive Cruise Control Market by Vehicle Type
9.2.5.3 Italy Adaptive Cruise Control Market
9.2.5.3.1 Italy Adaptive Cruise Control Market by Technology
9.2.5.3.2 Italy Adaptive Cruise Control Market by Vehicle Type
9.2.5.4 United Kingdom Adaptive Cruise Control Market
9.2.5.4.1 United Kingdom Adaptive Cruise Control Market by Technology
9.2.5.4.2 United Kingdom Adaptive Cruise Control Market by Vehicle Type
9.2.5.5 Russia Adaptive Cruise Control Market
9.2.5.5.1 Russia Adaptive Cruise Control Market by Technology
9.2.5.5.2 Russia Adaptive Cruise Control Market by Vehicle Type
9.2.5.6 Rest of Europe Adaptive Cruise Control Market
9.2.5.6.1 Rest of Europe Adaptive Cruise Control Market by Technology
9.2.5.6.2 Rest of Europe Adaptive Cruise Control Market by Vehicle Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Adaptive Cruise Control Market Overview
9.3.2 Asia-Pacific Adaptive Cruise Control Market Forecasts and Analysis
9.3.3 Asia-Pacific Adaptive Cruise Control Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Adaptive Cruise Control Market Forecasts and Analysis - By Vehicle Type
9.3.5 Asia-Pacific Adaptive Cruise Control Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Adaptive Cruise Control Market
9.3.5.1.1 Australia Adaptive Cruise Control Market by Technology
9.3.5.1.2 Australia Adaptive Cruise Control Market by Vehicle Type
9.3.5.2 China Adaptive Cruise Control Market
9.3.5.2.1 China Adaptive Cruise Control Market by Technology
9.3.5.2.2 China Adaptive Cruise Control Market by Vehicle Type
9.3.5.3 India Adaptive Cruise Control Market
9.3.5.3.1 India Adaptive Cruise Control Market by Technology
9.3.5.3.2 India Adaptive Cruise Control Market by Vehicle Type
9.3.5.4 Japan Adaptive Cruise Control Market
9.3.5.4.1 Japan Adaptive Cruise Control Market by Technology
9.3.5.4.2 Japan Adaptive Cruise Control Market by Vehicle Type
9.3.5.5 South Korea Adaptive Cruise Control Market
9.3.5.5.1 South Korea Adaptive Cruise Control Market by Technology
9.3.5.5.2 South Korea Adaptive Cruise Control Market by Vehicle Type
9.3.5.6 Rest of Asia-Pacific Adaptive Cruise Control Market
9.3.5.6.1 Rest of Asia-Pacific Adaptive Cruise Control Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Adaptive Cruise Control Market by Vehicle Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Adaptive Cruise Control Market Overview
9.4.2 Middle East and Africa Adaptive Cruise Control Market Forecasts and Analysis
9.4.3 Middle East and Africa Adaptive Cruise Control Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Adaptive Cruise Control Market Forecasts and Analysis - By Vehicle Type
9.4.5 Middle East and Africa Adaptive Cruise Control Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Adaptive Cruise Control Market
9.4.5.1.1 South Africa Adaptive Cruise Control Market by Technology
9.4.5.1.2 South Africa Adaptive Cruise Control Market by Vehicle Type
9.4.5.2 Saudi Arabia Adaptive Cruise Control Market
9.4.5.2.1 Saudi Arabia Adaptive Cruise Control Market by Technology
9.4.5.2.2 Saudi Arabia Adaptive Cruise Control Market by Vehicle Type
9.4.5.3 U.A.E Adaptive Cruise Control Market
9.4.5.3.1 U.A.E Adaptive Cruise Control Market by Technology
9.4.5.3.2 U.A.E Adaptive Cruise Control Market by Vehicle Type
9.4.5.4 Rest of Middle East and Africa Adaptive Cruise Control Market
9.4.5.4.1 Rest of Middle East and Africa Adaptive Cruise Control Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Adaptive Cruise Control Market by Vehicle Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Adaptive Cruise Control Market Overview
9.5.2 South and Central America Adaptive Cruise Control Market Forecasts and Analysis
9.5.3 South and Central America Adaptive Cruise Control Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Adaptive Cruise Control Market Forecasts and Analysis - By Vehicle Type
9.5.5 South and Central America Adaptive Cruise Control Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Adaptive Cruise Control Market
9.5.5.1.1 Brazil Adaptive Cruise Control Market by Technology
9.5.5.1.2 Brazil Adaptive Cruise Control Market by Vehicle Type
9.5.5.2 Argentina Adaptive Cruise Control Market
9.5.5.2.1 Argentina Adaptive Cruise Control Market by Technology
9.5.5.2.2 Argentina Adaptive Cruise Control Market by Vehicle Type
9.5.5.3 Rest of South and Central America Adaptive Cruise Control Market
9.5.5.3.1 Rest of South and Central America Adaptive Cruise Control Market by Technology
9.5.5.3.2 Rest of South and Central America Adaptive Cruise Control Market by Vehicle Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ADAPTIVE CRUISE CONTROL MARKET, KEY COMPANY PROFILES
11.1. AUTOLIV INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CONTINENTAL AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DELPHI AUTOMOTIVE PLC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DENSO CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FORD MOTOR COMPANY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HYUNDAI MOBIS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MAGNA INTERNATIONAL INC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ROBERT BOSCH GMBH
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WABCO
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZF FRIEDRICHSHAFEN
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.AUTOLIV INC.
2.CONTINENTAL AG
3.DELPHI AUTOMOTIVE PLC
4.DENSO CORPORATION
5.FORD MOTOR COMPANY
6.HYUNDAI MOBIS
7.MAGNA INTERNATIONAL INC
8.ROBERT BOSCH GMBH
9.WABCO
10.ZF FRIEDRICHSHAFEN
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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