The global Adaptive Cruise Control Market is forecasted to be worth USD 62.36 Billion by 2027, according to a current analysis by Emergen Research. The adaptive cruise control market is forecasted to grow substantially throughout the forecast period due to the increasing demand for advanced technology to avoid rear-end collisions and rising preference for automated vehicles to eases the other activities while driving. Besides, the increasing government initiatives for implementing low emission and energy-efficient vehicles is expected to boost market growth shortly. 

The report performs an insightful analysis of various fundamental market aspects, including SWOT analysis, CAGR during the projected period, recent developments, new product launches, technology upgradation, product offerings, application landscape, end-users, and geographical footprint of the leading companies. The market estimations carried out by our team of industry experts are based on various research methodologies and validated information on the present market scenario.

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Key Highlights From The Report

• In July 2019, Velodyne Lidar, Inc. acquired Mapper.ai. This acquisition will enhance the capabilities of Velodyne for adaptive cruise control and advanced driver assistance systems.
• The passenger car segment is forecasted to hold the largest market throughout the forecast period, with a CAGR of 21.2% owing to the growing demand for fuel-efficient cars.
• Due to the rising concern for road safety among professional drivers and logistics organizations, the commercial vehicle segment is anticipated to grow substantially over the forecast period.
• Key participants include DENSO Corporation, Robert Bosch GmbH, Continental AG, Velodyne Lidar, Inc., Delphi Automotive LLP, Magna International Inc, Autoliv Inc., Valeo SA, ZF Friedrichshafen AG, and Mando Corporation, among others.

Market Segmentation:

Emergen Research has segmented the global Adaptive Cruise Control Market on the basis of vehicle, type, technology, and region:

• Vehicle Outlook (Revenue, USD Billion; 2017-2027)
  • Commercial Vehicle
  • Passenger Car
• Type Outlook (Revenue, USD Billion; 2017-2027)
  • Assisting Systems
  • Multi-Sensor Systems
  • Predictive Systems
• Technology Outlook (Revenue, USD Billion; 2017-2027)
  • LiDAR
  • Image
  • Ultrasonic
  • Radar

Regional Analysis:

The global Adaptive Cruise Control market consists of various significant regional segments. Under this section of the report, the product demand, output, and estimated revenue share of each region have been ascertained. The most prominent regions dictating the global market include: 

• North America (U.S., Canada, Mexico)
• South America (Brazil, Argentina, Ecuador, Chile)
• Europe (U.K., Germany, France, Italy)
• Asia Pacific (China, Japan, India, Korea)
• Middle East &Africa (Egypt, Turkey, Saudi Arabia, Iran)

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Key highlights of the report:

1. Report Coverage: In this section of the report, significant information about the leading manufacturers, market segments, estimated timeline, and the most reliable products offered in this industry has been entailed.
2. Executive Summary:This section extensively assesses the competitive landscape, previous research studies, key market drivers, opportunities, restraints, challenges, trends, anticipated CAGR, and a study of micro- and macro-economic factors.
3. Regional Analysis: The report offers vital information related to the production capacity, demand and supply ratios, import &export status, and key players of the regional segments of the global Adaptive Cruise Control market.
4. Company Profiles: The key market players have been profiled in the report based on their market value, volume, production capacity, product portfolios, and various other aspects.

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Adaptive Cruise Control Market Segmentation & Impact Analysis
    4.1. Adaptive Cruise Control Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. The rising cases of road accidents
                    4.2.2.2. The increasing demand for safety features
                    4.2.2.3. The increasing government initiatives for implementing autonomous vehicles
          4.2.3. Market restraints analysis
                    4.2.3.1. Adverse weather conditions
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Adaptive Cruise Control Market By Vehicle Insights & Trends, Revenue (USD Billion)
    5.1. Vehicle Dynamics & Market Share, 2019 & 2027
          5.1.1. Commercial Vehicle
          5.1.2. Passenger Car

Chapter 6. Adaptive Cruise Control Market By Type Insights & Trends Revenue (USD Billion)
    6.1. Type Dynamics & Market Share, 2019 & 2027
          6.1.1. Assisting Systems
          6.1.2. Multi-Sensor Systems
          6.1.3. Predictive Systems

Continued…!

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