DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Adaptive Cruise Control (ACC) Market (2016-2022)" report to their offering.
The global adaptive cruise control market is bifurcated based on technology, by geography, by type of end user, and by product sales. Ultrasonic, image, radar and LIDAR are the major types of technologies available for the adaptive cruise control industry. In 2015, laser technology dominated the global adaptive cruise control market with maximum share in terms of revenue. Based on estimation, the segment would account for 34.65% share in 2015. LIDAR technology on the other hand would register fastest growth during the forecast period (2016-2022).
Increasing number of road accidents, rising disposable income in developing economies and advancement in research and technology is driving the growth for these systems.
Furthermore, on the bases of product sales, the market is segmented into OEM and aftermarket. In 2015, OEM dominated the adaptive cruise control market and is further slated to dominate the market. Based on estimation, in 2015 alone OEM segment had more than 95% product sales.
On the basis of customer types, the global adaptive cruise control market is segmented into consumer and commercial vehicles. In 2015, consumer vehicles are estimated to dominate the market in terms of revenue. This segment would register fastest growth during the forecast period (2016-2022).
Based on estimation, North America would account for revenue share of 37% in 2015.
The report covers the analysis of key stake holders of the ACC market. Key companies profiled in the report include Autoliv Inc., Robert Bosch GmbH, Delphi Automotive Plc., Denso Corporation, Valeo S.A, Continental AG, Magna International Inc., Mando Corporation and Hyundai Mobis Co., Ltd.
Key Topics Covered:
1. Market Scope & Methodology
2. Executive Summary
3. Market Overview
4. Global Adaptive Cruise Control Market
5. Global Adaptive Cruise Control Market By Technology
6. Global ACC Market by Product Sales
7. Global Adaptive Cruise Control Market By End User
8. Adaptive Cruise Control Market by Geography
9. Company Profiles
- Autoliv Inc.
- Robert Bosch GmbH
- Delphi Automotive Plc.
- Denso Corporation
- Valeo S.A
- Continental AG
- Magna International Inc.
- Mando Corporation
- Hyundai Mobis Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/j2g8s6/global_adaptive
