As per the research, the global adaptive cruise control market high is likely to grow from $4,767.0 million in 2016 to $15,290.0 million by 2023. The rapidly growing automotive industry especially in emerging economies of India, China, Brazil is generating significant demand for vehicle fitted with adaptive cruise control. Increasing number of road accident and awareness to safety systems is also driving the market. Vehicle safety regulations and initiatives by various associations and trade unions are backing the increasing installations of adaptive cruise control (ACC) systems in vehicles. Governments and associations across the globe have been increasingly formulating multi-dimensional policies toward vehicle and passenger safety, increasing fuel efficiency and improving overall performance of the vehicle.
This report studies Adaptive Cruise Control ACC in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
HEV is estimated to hold the largest share of the ADAS market, by electric vehicle. Stringent emission norms, environment safety, vehicle electrification, and government regulations are expected to boost the market for ADAS in HEV segment.
Global automotive adaptive cruise control market is projected grow by 2023. Anticipated growth in the market can be attributed to growing demand for passenger cars and rising cases of road accidents. http://bit.ly/2GEdEGO
The global automotive sensors market size reached US$ 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 automotive radar market was valued at US$ 5,019.01 million in 2019 and is projected to reach US$ 11,640.77 million by 2027; it is expected to grow at a CAGR of 14.9% during 2020–2027.
TBRC global automotive microcontrollers market report includes vehicle to vehicle (V2V) connectivity, vehicle to infrastructure (V2I) connectivity, vehicle to cloud (V2C) connectivity
TechSci Research's report titled "Automotive Machine Vision Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027" predicts that the global market for automotive machine vision will experience significant growth during the forecast period of 2023-2027.
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
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.
The global automotive LiDAR market size is expected to reach $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research
The rising trend of electric cars is a major factor driving the market growth. In recent years, EVs are increasingly requiring a variety of semiconductors for power electronics, motor control, battery management systems, and charging infrastructure. To that end, the rise in EV usage internationally has led to the higher need for automotive semiconductors. Furthermore, the advent of V2X communication will offer multiple growth prospects for the industry growth. However, the dearth of semiconductor components mainly across the automotive sector may hinder the industry growth.
Automotive camera is a camera installed at front side, rear side, or inside a vehicle for safety purposes. Camera modules contain image sensors that are coupled with electronic components in vehicles. The factors propelling the growth of the market are growing influence of new car assessment program (NCAP), increasing demand for luxury vehicles, and demand for safety measures.
According to the latest research report by IMARC Group, The global automotive brake system market size reached US$ 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
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 automotive microcontrollers market consists of sales of automotive microcontrollers by entities (organizations, sole traders, and partnerships) that refer to self-contained systems consisting of processors, memory, and peripherals, and used as an embedded system. The system uses an integrated chip that is used to control the functions in automobiles. Microcontrollers are used in a system that is small and consists of the least number of components. The systems used in automobiles are remote control systems, operating systems, and automobile audio systems.
As per the recent Fortune Business Insights™ report, titled “Global Automotive Camera Market Size, Share & Industry Analysis, By Technology Type (Stereo, Monocular), By Application Type (Park Assist System, Lane Departure Warning System, Blind Spot Detection, Lane Keep Assist, Road Sign Assistance, Adaptive Cruise Control (ACC), Intelligent Headlight Control, Others), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts, 2019-2026”, the market size stood at USD 3.5 billion in 2018. The report additionally contains:
Automotive Simulation Market is proliferating during the forecast period propelled by stringent norms imposed by governments related to vehicle safety. OEMs are focusing on using the IoT for connected vehicles to assist drivers and improve passenger safety. For instance, the percentage of cars with internet connectivity is anticipated to rise from 13% in 2015 to 75% in 2020. Connected cars is expected to increase to 22% by 2020 from 10% in 2015. AI technologies such as machine learning and deep learning technologies are expected to further enhance applications such as ADAS, and adaptive cruise control, among others to drive the market growth over the forecast period.
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
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 electronic stability control system market size reached US$ 39.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 63.8 Billion by 2028, exhibiting a growth rate (CAGR) of 8.10% during 2023-2028. More Info:- https://www.imarcgroup.com/electronic-stability-control-system-market
In the midst of a transformative shift towards sustainability in the automotive industry, energy recovery systems have become instrumental. These systems contribute to capturing and repurposing energy lost during braking and deceleration, aligning with the industry's commitment to eco-friendly solutions.
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
Advanced driver assistance systems (ADAS) facilitates safe driving and warns the driver if the system detects risks from the surrounding objects. Deployment of ADAS in vehicles to enhance comfort and ensure safety on road has emerged as one of the major trends. The system provides dynamic features such as adaptive cruise control, parking assistance, blind spot detection, lane departure warning, drowsiness monitoring, tire pressure monitoring and night vision. The developments in the automotive industry are not only limited to the enhancement in the design or engine but also cover the safety of a vehicle, passenger as well as pedestrian. The growth of the market is driven by increasing focus of consumers on safety, the impending demand for comfort in driving along with a rise in government regulations for ensuring safety. Browse Full Report with TOC at: https://www.alliedmarketresearch.com/ADAS-market
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
An embedded system is a computer or electronic system designed to access and control data in electronics-based systems. Read more about Automotive Embedded System.
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.
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 connected truck market is projected to grow at a CAGR of 15.14% during the forecast period, to reach USD 37.64 Billion by 2022 from an estimated USD 18.60 Billion in 2017.
ADAS are systems that support, complement, or substitute the driver of a vehicle. They use radar and cameras to assist the drivers by providing real-time information about the surroundings. These systems help drivers to avoid collisions and accidents. OEMs are focusing on adopting advanced safety features such as ADAS because of growing government regulations focused on the safety of passengers and drivers. Read the Complete Report @ http://www.researchbeam.com/global-adas-2015-2019-market As per the Report, Global ADAS market to grow at a CAGR of 24.97 percent over the period 2014-2019.
By technology type, the digital camera market, in terms of value, is estimated to dominate the global vehicle camera market in 2015. Digital cameras are commonly used in the application of ADAS systems such as LDW, ACC, PDS, RSR, PAS, and BDS. The global digital camera market in terms of value is projected to grow at a CAGR of almost 10% from 2015 to 2020. However, the infrared camera market, in terms of value, is projected to grow at the highest during the forecast period.
Worldwide markets are poised to achieve significant growth as robot cars and trucks permit users to implement automated driving. Fleet vehicles from Uber, Google and similar users are likely to be the early adopter groups.
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 report covers the analysis of global as well as regional markets of Advanced Driver Assistance System. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run.
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.
The robot car designs amalgamate a group of features to represent an automated process solution. These include the hardware, the software middleware, the steering system, adaptive cruise control, numerous software applications, an integrated systems approach, and related services. Significant investments in research and development are necessary as the emerging robot cars and trucks industry builds on incremental technology roll outs.
Adaptive cruise control (ACC) is an ADAS feature that uses radar to sense the vehicles in front and adjusts the speed of the vehicle according to the distance between the trucks in platooning. ACC is also called active cruise control, autonomous cruise control, intelligent cruise control, or radar-based cruise control. ACC is an essential system for enabling truck platooning. The cost of this system is on the higher side as it requires expensive sensors such as Radar and LiDAR. As a result, ACC is projected to be the largest market, by system, in the global truck platooning market.
Global ADAS Aftermarket by System Type - Adaptive Cruise Control | Adaptive Front Light | Automatic Emergency Braking | Blind Spot Detection | Driver Monitoring Systems | Forward Collision Warning | Lane Departure Warning / Lane Keep Assist | Park Assist | Tire Pressure Monitoring Systems | Night Vision Systems
Big Market Research, Robot Cars Trucks Market Size, Share, Strategies, Trends, Forecast, Industry Analysis, Research, Report 2015-2021. Robot cars and trucks market shipments forecasts indicate that markets beginning to develop in 2015 will rise to $868 million by 2021. Worldwide markets are poised to achieve significant growth as robot cars and trucks permit users to implement automated driving. Fleet vehicles from Uber, Google and similar users are likely to be the early adopter groups. The market for robot car and truck vehicles is anticipated to expand in parallel with the deployment of appropriate roadway controls funded by government programs.
Big Market Research, Robot Cars and Trucks Market Size, Share, Strategies, Trends, Application, Forecast, Demand, Analysis, Research, Report, Opportunities. Big Market Research added a new research report " Robot Cars and Trucks: Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019". Robot car and truck commercial autonomous car market shipments forecasts indicate that markets beginning to develop in 2014 will rise to $3.6 billion by 2019. IBM and Google are sure to be a significant software vendors for all the robot car and truck market participants. As automated process hits the auto industry as a disruptive force, it parallels the automated piloting of the airline industry that saw significant labor savings implementation. Robot cars and trucks incrementally add automated process to driving. As software is added to cars and trucks it is done in concert with modification to the steering, breaking, and other automotive systems.
The sales of automotive camera modules are rising rapidly, which is, in turn, driving the advancement of the global automotive camera module market. According to the estimates of the market research firm, P&S Intelligence, the market would register huge expansion from 2020 to 2030.
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.
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.