The Global Adaptive Cruise Control Market report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
The rising rate of road accidents and increasing government initiatives for implementing autonomous vehicles are driving the demand for the market.
The increasing rate of road mishaps worldwide due to augmented traffic and lack of safety measures, the incorporation of collision avoidance and advanced braking systems in present-day automobiles, stringent government regulations concerning road and passenger safety, and manufacturers’ rising focus on introducing advanced automotive safety features complying with regulatory norms are some other vital parameters contributing to the global adaptive cruise control market growth.For instance, President Moon Jae-in of South Korea has announced a plan to commercialize fully autonomous vehicles by 2027 and to become the world's first country to have completely self-driving cars on South Korea roads.
Claim Your FREE Sample Copy with Table of content@ https://www.emergenresearch.com/request-sample/188
Adaptive cruise control (AAC), also known as autonomous cruise control, is an advanced driver-assistance system equipped with laser sensors and cameras that enable the vehicle to detect other vehicles ahead and automatically adjust its speed to avoid collisions. It is a safety feature that efficiently controls the braking and acceleration of a vehicle. The ACC technology is considered an intelligent feature for cars of future generations. It has proven efficient in maintaining a safe distance between road vehicles and reducing accident risks.
Key Highlights of the Report:
The global adaptive cruise control market is segmented into assisting systems, predictive systems, and multi-sensor systems based on type. The assisting systems segment is expected to lead the global market over the forecast timeline in terms of revenue, exhibiting a robust 21.1% CAGR. The highly efficient features of assisting systems, such as lane centering, proximity alerts, and brake assistance, have fueled their demand worldwide.
The leading industry participants include Robert Bosch GmbH, ZF Friedrichshafen AG, DENSO Corporation, Continental AG, Valeo SA, Autoliv Inc., Mando Corporation, Delphi Automotive LLP, Velodyne Lidar, Inc., Magna International Inc., Hyundai Mobis Co. Ltd., and Delphi Automotive PLC.
Check Our Prices@ https://www.emergenresearch.com/select-license/188
For the purpose of this report, the global adaptive cruise control market has been segmented on the basis of type, vehicle, technology, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Vehicle Outlook (Revenue, USD Billion; 2017-2027)
Technology Outlook (Revenue, USD Billion; 2017-2027)
Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/adaptive-cruise-control-market
By Region (Revenue: USD Billion; 2017-2027)
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East & Africa
Rest of Middle East & Africa
Explore more Emergen Research Reports @
in-vehicle infotainment market
automotive aftermarket market
automotive intelligent lighting market
electric vehicle ecu market
automotive regenerative braking systems market
battery recycling market
autonomous vehicle market
electric vehicle fast charging system market
About us :
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
Visit for More Insights: https://www.emergenresearch.com/insights