The Global Adaptive Cruise Control (ACC) Market is expected to $11,445 million by 2022, growing at 18.2% CAGR during 2016-2022. Full report: https://kbvresearch.com/global-adaptive-cruise-control-market/
As per the research, the global adaptive cruise control market high is likely to grow from $4,767.0 million in 2016 to $15,290.0 million by 2023. The rapidly growing automotive industry especially in emerging economies of India, China, Brazil is generating significant demand for vehicle fitted with adaptive cruise control. Increasing number of road accident and awareness to safety systems is also driving the market. Vehicle safety regulations and initiatives by various associations and trade unions are backing the increasing installations of adaptive cruise control (ACC) systems in vehicles. Governments and associations across the globe have been increasingly formulating multi-dimensional policies toward vehicle and passenger safety, increasing fuel efficiency and improving overall performance of the vehicle.
According to the latest research report by IMARC Group, The global automotive brake system market size reached US$ 49.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 73.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.47% during 2024-2032. More Info:- https://www.imarcgroup.com/automotive-brake-system-market
According to the latest research report by IMARC Group, The global electronic stability control system market size reached US$ 42.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 80.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.29% during 2024-2032. More Info:- https://www.imarcgroup.com/electronic-stability-control-system-market
According to the latest research report by IMARC Group, The global automotive artificial intelligence market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 31.91% during 2023-2028. More Info:- https://www.imarcgroup.com/automotive-artificial-intelligence-market
According to the latest research report by IMARC Group, The global automotive electronic control unit (ECU) market size reached US$ 79.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 110.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028. More Info:- https://www.imarcgroup.com/automotive-electronic-control-unit-market
ADAS (Advanced Driver Assistance Systems) enables safe driving and informs the driver if the system detects danger from the surrounding objects. The system offers dynamic features such as parking assistance, adaptive cruise control, lane departure warning, blind spot detection drowsiness monitoring, night vision, and tire pressure monitoring.
Goldstein Research analyst forecast the global autonomous vehicles market to expand at a CAGR of +39% during the forecast period 2025-2035. The autonomous vehicles are anticipated to hit the roads by 2020 only, as most of the autonomous vehicle projects are in testing phase are facing many challenges related to government regulations and preset infrastructure. However, after the successful deployment of self-driving cars the automotive industry is likely witness more than 600,000 unit sales of autonomous cars.
The global automotive sensors market size reached US$ 26.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 67.0 Billion by 2032, exhibiting a growth rate (CAGR) of 10.56% during 2024-2032
The global automotive LiDAR market size is expected to reach $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research
The global automotive LiDAR market size is expected to reach $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research
According to the latest research report by IMARC Group, The global automotive actuators market size reached US$ 28.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032. More Info:- https://www.imarcgroup.com/automotive-actuators-market
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Driver Assistance System (DAS) Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Driver Assistance System (DAS) Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner.
The global automotive sensors market size reached US$ 23.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 46.4 Billion by 2028, exhibiting a growth rate (CAGR) of 12.10% during 2023-2028. More info: https://www.imarcgroup.com/automotive-sensors-market
In this report, the global Automotive Driver Assistance Systems market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
Automotive Camera & Camera Module Market report categorizes the global market by Technology (Digital, Thermal, Infrared), Application (LDW, ACC), Vehicle Type (PC, CV), and by Region.
The Global Automotive Camera Market size is expected to reach $5.9 billion by 2024, rising at a market growth of 29.8% CAGR during the forecast period. Full report: https://kbvresearch.com/automotive-camera-market/
The Europe region holds the dominant position in the Automotive Collision Avoidance System Market in 2016 and is projected to retain its dominance throughout the forecast period, followed by North America and Asia Pacific.
Connected truck market is expected to reach $51.5 billion by 2025 at a CAGR of 17.5% during the forecast period 2020-2025. The rise in digitization and increase in value-added integration are likely to boost the growth of the connected trucks market.
Global Instrumented Bearing Market is estimated to reach $165.1 Billion by 2024; growing at a CAGR of 7.5% from 2016 to 2024. A bearing is a machine element that enable machines to move at extremely higher speed and reduces the friction between moving parts.
Global automotive adaptive cruise control market is projected grow by 2023. Anticipated growth in the market can be attributed to growing demand for passenger cars and rising cases of road accidents. http://bit.ly/2GEdEGO
According to the forecast of P&S Intelligence, a market research firm based in India, the market value would grow from $4.8 billion to $15.3 billion from 2016 to 2023. The market is also predicted to exhibit a CAGR of 18.3% between 2017 and 2023.
Advanced driver assistance systems (ADAS) navigation is electronic components installed in vehicles, which helps for an intelligent driving experience to the driver. Modify structures may provide adaptive cruise control, automate lighting incorporate GPS/ traffic warnings, automate braking, alert driver to other cars or dangers, and preserve the driver in the correct lane.
Recent advancements in cockpit electronics market such as emerging systems with better accuracy and functionality is the major factor behind the strong growth of global cockpit electronics market. According to Goldstein Research, “Continuous advancement in cockpit systems is improving the efficiency of vehicles or aircrafts with high safety which is likely to bring new business opportunities for the cockpit electronics suppliers.Situational awareness, easier traffic management, information controls and high efficiency are flourishing the growth of the Global cockpit electronics market for automotive and aviation sectors.”Asia-Pacific is the fastest growing region for global cockpit electronics market.
Connected truck market is expected to reach $51.5 billion by 2025 at a CAGR of 17.5% during the forecast period 2020-2025. The rise in digitization and increase in value-added integration are likely to boost the growth of the connected trucks market.
Global Advanced Driver Assistance Systems (ADAS) Market is estimated to reach $62.7 billion by 2024; growing at a CAGR of 10.8% from 2016 to 2024.Advanced driver assistance systems, or ADAS, are systems to assist the driver in the drivingprocedure.ADAS are developed to automate, adapt, and enhance vehicle systems for safety & improved driving. Safety functions are designed to avoid accidents& collisions by presenting technologies which alert the driver to possible crises, or to avoid accidents by applyingsafeguards,and taking control over the vehicle.
More Information @ http://bit.ly/2F1r0td Automotive Advance Driver Market size is predicted to witness high growth owing to rising demand for advanced safety features in automobile industry.
The Global Collision Avoidance System Market size is expected to reach $24.7 billion by 2023, rising at a market growth of 10% CAGR during the forecast period. Full report: https://kbvresearch.com/collision-avoidance-system-market/
According to the latest research report by IMARC Group, The China luxury car market size reached US$ 168.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 272.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.2% during 2023-2028. More Info:- https://www.imarcgroup.com/china-luxury-car-market
According to the latest research report by IMARC Group, The global machine learning chip market size reached US$ 7.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 35.0 Billion by 2028, exhibiting a growth rate (CAGR) of 25.4% during 2023-2028. More Info:- https://www.imarcgroup.com/machine-learning-chip-market
The study segments Advanced Driver Assistance Systems (ADAS) industry in light of major classification such as product type, potential markets, application, and end-user.
According to Goldstein Research, global autonomous vehicles market is expected to grow at a CAGR of more than 39% during the forecast period 2016-2024. The autonomous vehicles are still in the testing phase but once there is the deployment of autonomous cars (expected by the year 2020), the world autonomous vehicle industry is expecting a sales of more than 600,000 units.
Marketreportsonchina.com presents a report on “Report on Global and China Automotive Radar Industry [2015-2020] ”. http://www.marketreportsonchina.com/industry-mfg-market-research-reports-20420/automotive-radar-global-china.html Compared with cameras and lidars, the more popular millimeter-wave radars are the only sensors not subject to weather and light.
The ADAS Market is forecast to reach $91.8 billion by 2025, by growing at a CAGR of 20.9% during the forecast period 2019-2025. The market is mainly driven by the technological advancements in the sensor technology.
Global advanced driver assistance system (ADAS) market is expected to reach $104,387.1 million by 2022, growing at 27.1% CAGR during 2016-2022. Advanced driver assistance systems (ADAS) are electronic components installed in vehicles, which present an intelligent driving experience to the driver Full report: https://kbvresearch.com/global-advanced-driver-assistance-system-market/
Growing digitization and adoption of advanced technologies like IoT bolstered the growth of connected cars market. In addition, more than 30 million of cars equipped with infotainment and data connectivity solutions, expected to manufacture globally by 2022.
The global electric vehicles market size reached 18.1 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 148.4 Million Units by 2028, exhibiting a growth rate (CAGR) of 41.2% during 2023-2028. More info: https://www.imarcgroup.com/electric-vehicles-market
The on-board diagnostics (OBD) aftermarket share is expected to attain a valuation of USD 12 billion by 2030. Modern tracking solutions are offering new features to facilitate the process of fleet management. Technological advancements based on data sharing are improving the pace of daily operations. With the increasing adoption of autonomous vehicles and mobility-as-a-service (MaaS) mechanisms for remote fleet monitoring.
The global semiconductor assembly and testing services (SATS) market, poised for steady expansion, is navigating a phase of significant transformation. Amid a backdrop of escalating consumer demand for advanced electronic devices and high-end packaging solutions, the SATS market is on track to hit a value of $24.72 billion by the end of 2016. This market's rapid evolution is underpinned by key technological advancements and industry shifts, reshaping the landscape of semiconductor data manufacturing and testing services.
Radar systems are used to determine the presence, range, size, shape, and velocity of objects and can be classified as either imaging or non-imaging radar systems. Imaging radar systems create 2D images of target objects either through continuous wave signal or pulsed signal. The imaging radar system is prevalent in sectors such as industrial, agriculture, and healthcare, as well as environmental and weather monitoring applications. Non-imaging radar systems, also known as scatterometers, are used as speed gauges and radar altimeters.
The titled “Global Virtual Assistant Market 2020” report disclosed by Adroit Market Research will give the Strategic Overview of the industry growth and also predict that it will continue to be driven by Effective presence of key players worldwide.
This out-turned in higher demand for automated warning systems and collision mitigation technologies and become the driving force for the advanced driver assistance system market.
China's demand for automotive electronics has grown at a fast pace in the past decade. In the next five years, both production and demand will continue to grow. This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels and major industry participants. Historical data (2003, 2008 and 2013) and long-term forecasts through 2018 and 2023 are presented. Major producers in China are profiled.
More Information @ https://bit.ly/2tsvZyt Rising traffic safety concerns coupled with favourable regulatory norms regarding installation of these systems will primarily drive the industry growth.
Marked by significant growth, the Collision Avoidance System (CAS) market responds to the heightened demand for safety systems in automotive, industrial, and transportation sectors. CAS technologies strive to prevent collisions by furnishing operators with real-time data and warnings.