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.
The Global Adaptive Cruise Control (ACC) Market is expected to $11,445 million by 2022, growing at 18.2% CAGR during 2016-2022. Full report: https://kbvresearch.com/global-adaptive-cruise-control-market/
TechSci Research's report titled "Automotive Machine Vision Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027" predicts that the global market for automotive machine vision will experience significant growth during the forecast period of 2023-2027.
The global automotive sensors market size reached US$ 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.
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
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
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/
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.
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.
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 3D Map System Market size will reach USD 12.8 billion by 2032. The growing focus on vehicle safety and efficiency is a significant driver in the market. According to WHO, the number of annual road traffic deaths has seen a slight decrease, now standing at 1.19 million. As governments and regulatory bodies worldwide implement stricter safety standards, automakers are increasingly incorporating advanced 3D mapping technologies to enhance vehicle safety features. These systems provide real-time, precise mapping data that supports various safety functions, such as lane departure warnings, collision avoidance systems, and adaptive cruise control. Additionally, the push for greater fuel efficiency and reduced emissions is driving the adoption of 3D map systems, as they enable optimized route planning and efficient navigation, helping to minimize fuel consumption and reduce overall vehicle wear and tear.
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 rising demand for autonomous driving technologies and advanced driver assistance systems is one of the major factors driving market trends. The surge in the adoption of ADAS features, such as adaptive cruise control, lane departure warning, and collision avoidance systems, has fueled the demand for automotive hypervisors.
The global automotive camera market size was valued at USD 8.81 billion in 2023. The market is projected to grow USD 22.46 billion by 2032, exhibiting a CAGR of 11.1% over the forecast period.
The global automotive LiDAR market size is expected to reach $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research
The rising trend of electric cars is a major factor driving the market growth. In recent years, EVs are increasingly requiring a variety of semiconductors for power electronics, motor control, battery management systems, and charging infrastructure. To that end, the rise in EV usage internationally has led to the higher need for automotive semiconductors. Furthermore, the advent of V2X communication will offer multiple growth prospects for the industry growth. However, the dearth of semiconductor components mainly across the automotive sector may hinder the industry growth.
According to the latest research report by IMARC Group, The global automotive brake system market size reached US$ 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 $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research
The automotive microcontrollers market consists of sales of automotive microcontrollers by entities (organizations, sole traders, and partnerships) that refer to self-contained systems consisting of processors, memory, and peripherals, and used as an embedded system. The system uses an integrated chip that is used to control the functions in automobiles. Microcontrollers are used in a system that is small and consists of the least number of components. The systems used in automobiles are remote control systems, operating systems, and automobile audio systems.
According to the latest research report by IMARC Group, The global automotive actuators market size reached US$ 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
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 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
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
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
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
Automotive RADAR Market by Range Type (Long Range RADAR and Short & Medium Range RADAR), Application (ACC, AEB, FCWS, BSD, and Intelligent Parking Assistance), Frequency (2X-GHz and 7X-GHz), Vehicle Type, and Region - Global Forecast to 2021
Automotive safety systems have played an important role in achieving these targets, where these systems have made vehicles safer for the occupants. The automotive airbag market in terms of value is projected to grow $23.6 Billion and automotive seat belt market to grow $9.0 Billion by 2019 at a healthy CAGR of 9.7% and 8.4% respectively from 2014 to 2019.
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.
Motorcycle adaptive cruise control mechanisms are electronic components that monitor motorcycle speed by controlling engine RPM to maintain a constant set speed. The adaptive cruise control is made up of three main components: servo unit, throttle cable, and the associated wiring. An adaptive cruise control uses the speed signal from vehicle speed sensor in case of electronic speedometers, or monitor engine RPM through electrical connections made to the ignition coil. When adaptive cruise control is engaged by pressing the “set” button at a desired speed, it will set that speed such that the motorcycle will travel at the set speed consistently, until the adaptive cruise control mechanism is disengaged. The analysts forecast global motorcycle adaptive cruise control market to grow at a CAGR of 9.31% during the period 2016-2020.Complete report available at http://www.sandlerresearch.org/global-motorcycle-adaptive-cruise-control-market-2016-2020.html.
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.
Automotive Shielding Market by Shielding (Heat, EMI), Heat Application (Engine, Exhaust, Turbocharger), EMI Application (ACC, ECU, IPA, LDE, FCW, Electric Motor), Material Type, EV (BEV, HEV), Vehicle (PC, LCV, HCV), and Region - Global Forecast to 2025
Automotive Shielding Market by Shielding (Heat, EMI), Heat Application (Engine, Exhaust, Turbocharger), EMI Application (ACC, ECU, IPA, LDE, FCW, Electric Motor), Material Type, EV (BEV, HEV), Vehicle (PC, LCV, HCV), and Region - Global Forecast to 2025
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.
According to a P&S Intelligence report, the global automotive LiDAR market generated a revenue of $289.3 million in 2019 and is predicted reach a value of $14,754.7 million by 2030, advancing at a 26.1% CAGR during the forecast period (2020–2030).
The prevention of vehicular road accidents is a top priority for all the countries. Every year, a substantial amount of lives are lost due to road accidents. Against this backdrop, the adoption of ADAS sensors has become a top priority.
(Einstein,1999) Areas of strongest annual growth in automotive electronics systems are predicted to be adaptive airbags, adaptive cruise control, and smart card entry.
Global Driver Assistance System Market by Type (Adaptive Cruise Control (ACC), Lane Departure Warning System (LDWS), Intelligent Park Assist System (IPAS), Driver Drowsiness System, Blind Spot Detection (BSD) System, Night Vision, Tire Pressure Monitoring System (TPMS), Adaptive Front Lighting, Global Positioning System and Others), by Technology (Ultrasonic Sensor, Image Sensor, Radar Sensor and Other Sensors (Lidar Sensors and IR Sensors)) and by Region - Forecast 2027
Advanced driver-assistance systems Market by Type (Adaptive Cruise Control (ACC), Lane Departure Warning System (LDWS), Intelligent Park Assist System (IPAS), Driver Drowsiness System, Blind Spot Detection (BSD) System, Night Vision, Tire Pressure Monitoring System (TPMS), Adaptive Front Lighting, Global Positioning System and Others), by Technology (Ultrasonic Sensor, Image Sensor, Radar Sensor and Other Sensors (Lidar Sensors and IR Sensors)) and by Region - Forecast 2027