Automotive Adaptive Cruise Control Market Global Industry Analysis 2018 To 2023Posted by Abhijeet Bendre on October 30th, 2018 Automotive Adaptive Cruise Control Market is segmented by Technology (Lidar, Radar, Laser and Ultrasonic), Vehicle Type (Passenger car and Commercial Vehicle), End use (OEM and Aftermarket), and region. Adaptive cruise control is used to control the speed of the car and other vehicle technology. It maintains the speed of the car by either slowing down or speeding up the vehicle, automatically, to keep pace with other cars. Adaptive cruise control (ACC) is a trending technology for intelligent cars. It uses sensors that detect the distance between two cars, which improves driver safety and convenience. They also increase the road capacity by keeping safe distance between the two cars. ACC guides the drivers through the collision warning system installed on-board. It is also attached with pre-crash system and alerts the vehicle by automatically applying brakes. The factors helping the growth of automotive adaptive cruise control market are advancement in technology, increase in sale of passenger cars in emerging countries, and growing need for passenger safety. Advancements in technology, have driven the passengers to install adaptive cruise control in their vehicle for improved safety. The demand for better passenger safety, have led to growing use of adaptive cruise control in their vehicle. The increased use of ACC have led to growth of the market during the forecast period. The increase in the sale of passenger cars in the emerging nations, have led to the increased use of adaptive cruise control in vehicles. This has also led to the growth of the market. The rising number of accidents have led to increase in installation of adaptive cruise control in vehicles. All the above factors have led to the growth of the market during the forecast period. The market is expected to be valued at USD 15,457.25 million by 2023 with a CAGR of 8.56%. Major Table of Content: 1 Executive Summary 2 Research Methodology 2.1 Scope Of The Study 2.1.1 Definition 2.1.2 Research Objective 2.1.3 Assumptions 2.1.4 Limitations 2.2 Research Proces 2.2.1 Primary Research Continued... Browse more details on this "Automotive Adaptive Cruise Control Market Report 2018" report at: https://www.marketresearchfuture.com/reports/automotive-adaptive-cruise-control-market-4858 About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us: Amanora Chambers, Magarpatta Road, Hadapsar Pune – 411028 Maharashtra, India+1 646 845 9312 Like it? Share it! More by this author |