DUBLIN--(BUSINESS WIRE)--The "Automotive Adaptive Cruise Control - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Automotive Adaptive Cruise Control market worldwide is projected to grow by US$261.6 Million, driven by a compounded growth of 14.4%. RADAR, one of the segments analyzed and sized in this study, displays the potential to grow at over 14.6%.
The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$217.6 Million by the year 2025, RADAR will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 16.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$10.5 Million to the region's size and clout in the next 5 to 6 years. Over US$12.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, RADAR will reach a market size of US$14.5 Million by the close of the analysis period.
As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 14.2% over the next couple of years and add approximately US$46.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Autoliv, Inc.
- Continental AG
- Delphi Technologies
- DENSO Manufacturing Czech s.r.o.
- Hitachi Ltd.
- Magna International, Inc.
- Mando Corporation
- Preco Electronics
- Robert Bosch GmbH
- Valeo Group
- Wabco Holdings Inc.
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ZF Friedrichshafen AG
For more information about this report visit https://www.researchandmarkets.com/r/6u6f99