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Automotive Adaptive Cruise Control Market Size & Share, by Technology (Laser Sensors, Image Sensors, Infrared Sensors, Radar Sensors, Ultrasonic Sensors); Vehicle Type (Passenger Vehicles, Commercial Vehicles) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4600
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Companies Dominating the Automotive Adaptive Cruise Control Landscape

top-features-companies

    • Denso Corporation

      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Hyundai Motor Company
    • ZF Friedrichshafen AG
    • Magna International Inc.
    • Robert Bosch GmBH
    • Aptiv Global Operations Limited
    • Continental AG
    • HL Mando Co., Ltd.
    • Valeo
    • Autoliv Inc.
Browse Key Market Insights with Data Illustration:

In the News

  •  Denso Corporation developed Global Safety Package 3*1. It is an active safety system that is designed to improve the safety of vehicles by providing them with high sensing capability of their surroundings.

  •  Hyundai Motor Company developed a machine learning based on Smart Cruise Control technology that creates a customized self-driving experience by recognizing and analyzing driving patterns to apply to Smart Cruise Control.


Author Credits:  Harshita Srivastava, Saima Khursheed


  • Report ID: 4600
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing incidences of road crashes as well as the rising number of vehicles along with an upsurge in the demand for autonomous cars with sensor technologies are some of the major factors anticipated to drive the growth of the market.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2033.

High expenditure requirement for customization & installations as well as complex in-built functions of ACC are some of the factors estimated to hamper the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Denso Corporation, Hyundai Motor Company, ZF Friedrichshafen AG, Magna International Inc., Aptiv Global Operations Limited, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by technology, vehicle type, and by region.

The passenger vehicles segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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