DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automotive Traffic Jam Assist Systems Market 2017-2021" report to their offering.
The global automotive TJA system market to grow at a CAGR of 12.41% during the period 2017-2021.
Global Automotive TJA System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The automotive industry is witnessing a structural shift in terms of demand side behavior. In the late 1970s and the early 1980s, vehicles were perceived as an extension of the personality of the end user. This phenomenon has drastically changed where the next generation of baby boomers, which are the millennials, has shifted to new car ownership models such as carpooling, cab services, and car rentals due to factors such as traffic congestions in urban cities. To adopt to this behavioral change, OEMs are focusing more on technologies that focus on the driverless, autonomous vehicle concept.
According to the report, NHTSA estimated that rear-end collisions accounted for 6% of fatal crashes and 32% of the total crashes in 2014. The main reasons for rear-end collision are speeding, distracted driving, and following the leading vehicle too closely. To reduce human errors during driving, OEMs have been focusing on developing semi-autonomous technologies like ACC and TJA.
Other prominent vendors
- Hyundai Mobis
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by OEM
Part 07: Market segmentation by geography
Part 08: Market drivers
Part 09: Market challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/xjd48j/global_automotive