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
As per the research, the global adaptive cruise control market high is likely to grow from $4,767.0 million in 2016 to $15,290.0 million by 2023. The rapidly growing automotive industry especially in emerging economies of India, China, Brazil is generating significant demand for vehicle fitted with adaptive cruise control. Increasing number of road accident and awareness to safety systems is also driving the market. Vehicle safety regulations and initiatives by various associations and trade unions are backing the increasing installations of adaptive cruise control (ACC) systems in vehicles. Governments and associations across the globe have been increasingly formulating multi-dimensional policies toward vehicle and passenger safety, increasing fuel efficiency and improving overall performance of the vehicle.
HEV is estimated to hold the largest share of the ADAS market, by electric vehicle. Stringent emission norms, environment safety, vehicle electrification, and government regulations are expected to boost the market for ADAS in HEV segment.
Global automotive adaptive cruise control market is projected grow by 2023. Anticipated growth in the market can be attributed to growing demand for passenger cars and rising cases of road accidents. http://bit.ly/2GEdEGO
The report on adaptive cruise control market includes an analysis of the value chain, Porters’ five forces analysis, PESTLE analysis, the competitive landscape, and company profiles where, 22 key players in the market have also been profiled.
[357 Pages Report] Driver Assistance Systems Market By Technology [Ultrasonic, Image, RADAR, LIDAR, Infrared (IR)], By Types [Adaptive Cruise Control (ACC), Lane Departure Warning (LDWS), Park Assist, Drowsiness Monitor, Blind Spot Detection (BSD), Night Vision, Tire Pressure Monitoring (TPMS), Adaptive Front Lighting] & by Geography. The report defines and segments the global Adaptive Cruise Control Market with analysis and forecasting of the global volume and revenue.
The global automotive sensors market size reached US$ 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.
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
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.
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$ 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
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.
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 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.
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.
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 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 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.
Global pre-collision technology market size is expected to reach $80.52 billion in 2028 at a rate of 9.2%, segmented as by product, parking assistance, lane departure warning system (ldws)
The global automotive LiDAR market size is expected to reach $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research
According to the latest research report by IMARC Group, The global automotive brake system market size reached US$ 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 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.
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
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
Cruise control is an idiosyncratic feature in the vehicle that regulates the speed of the car automatically. With this great feature, a motorist can maintain a constant speed during the ride without his interference. Because of the high rate of adoption of the cruise control, an operative can stay safe while driving during the forecast period. Its ability to offer comfortable rides and better fuel-economy makes it able to stay on demand across the global 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 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
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
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.
TBRC global automotive microcontrollers market report includes vehicle to vehicle (V2V) connectivity, vehicle to infrastructure (V2I) connectivity, vehicle to cloud (V2C) connectivity
Get your sample copy of Vehicle Intelligence Systems Market Research Reports @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=615142 . Vehicle Intelligence Systems Market: View report synopsis @ http://goo.gl/jNfhlj . Advanced driver assistance and driver monitoring systems constitute the largest segment of the vehicle intelligence systems market. This segment includes systems such as adaptive cruise control, blind spot detection, park assist, traffic jam assist, and drowsiness warning/alertness sensing.
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
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 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.
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
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.
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.
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.
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.
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.