Automotive Adaptive Cruise Control Global Market Expected To Reach $37.98 Billion By 2029
The Business Research Company
The Business Research Company's Automotive Adaptive Cruise Control Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UNITED KINGDOM, June 5, 2025 /EINPresswire.com/ -- The automotive adaptive cruise control market size has seen swift acceleration in recent years. The market expanded from $22.87 billion in 2024 to an expected $25.32 billion in 2025, reflecting a compound annual growth rate CAGR of 10.7%. Regulatory mandates, a surge in passenger car sales, positive economic growth, and government support have all been critical contributors to the market’s growth during this historical period.
What Growth Is Expected In The Automotive Adaptive Cruise Control Market In The Upcoming Years?
In the near future, the automotive adaptive cruise control market is expected to continue its rapid ascent. It is projected to expand to $37.98 billion in 2029, with a CAGR of 10.7% over the next few years. The forecast period's growth can be attributed to an increasing emphasis on vehicle safety and rising sales of vehicles and connected vehicles. Other contributing factors include urbanization and higher disposable incomes, all fostering the market’s advancement. Enhanced sensor fusion, the integration of machine learning and AI, driver monitoring systems, long-range radar, and cooperative adaptive cruise control cacc are major trends expected during the forecast period.
Get Your Free Sample Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7384&type=smp
What Is Driving The Growth Of The Automotive Adaptive Cruise Control Market?
The number of road accidents globally is one factor that is expected to fuel the growth of the automotive adaptive cruise control market. Road accidents are incidents on roads that lead to injury, mostly through crashes that originate from, finish with, or involve a vehicle partially or wholly on a public road. Automotive adaptive cruise control systems reduce road accidents by automatically adjusting the speed of vehicles based on the traffic ahead. In 2022, for instance, there was a reported total of 3.66K road accidents in states and union territories, according to an India-based Ministry of Road Transport and Highway. These accidents led to the loss of 13.17K lives and left 3.48K individuals injured. As such, the frequent occurrence of road accidents is a key driving force for the automotive adaptive cruise control market.
Who Are The Key Players In The Automotive Adaptive Cruise Control Market?
Several major companies have been instrumental in developing and shaping the automotive adaptive cruise control market. These include Magna International Inc, Continental AG, Denso Corporation, Hitachi Automotive Systems Ltd., Robert Bosch GmbH, Valeo SA, Hyundai Motor Company, ZF Friedrichshafen AG, Mando Corporation, Nidec Elesys America Corporation.
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/automotive-adaptive-cruise-control-global-market-report
What Are The Emerging Trends In The Automotive Adaptive Cruise Control Market?
Technological advancements are one key trend gaining momentum in the automotive adaptive cruise control market. Companies are focused on creating novel technological solutions to enhance their market position. Notably, in October 2023, Renesas, a Japan-based semiconductor company, launched its induction motor position sensing technology to accurately detect rotor position in induction motors. This technology optimizes performance in various applications, including electric vehicles and industrial automation, leading to improved torque output, reduced energy consumption, and system reliability.
How Is The Automotive Adaptive Cruise Control Market Segmented?
The automotive adaptive cruise control market is multifaceted, with various segments and subsegments:
1 By Component: LIN, CAN, ECU, MCU, Wire harness
2 By Technology: RADAR Sensor, LIDAR Sensor
3 By Mode Of Operation: Normal Adaptive Cruise Control System, Connected Adaptive Cruise Control System
4 By Vehicle: Passenger Vehicle, Commercial Vehicle
5 By Distribution Channel: OEM, After market
Furthermore, subsegments based on key components include:
1 By LIN Local Interconnect Network: LIN Transceivers, LIN Controllers
2 By CAN Controller Area Network: CAN Transceivers, CAN Controllers
3 By ECU Electronic Control Unit: Adaptive Cruise Control ECUs, Centralized ECUs
4 By MCU Microcontroller Unit: 8-bit MCUs, 16-bit MCUs, 32-bit MCUs
5 By Wire Harness: Adaptive Cruise Control Wire Harnesses, Connector Assemblies for Wire Harnesses
How Is The Automotive Adaptive Cruise Control Market Distributed Globally?
North America claimed the top spot as the largest region in the automotive adaptive cruise control market in 2024. Other regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, South America, and the Middle East and Africa.
Browse More Similar Reports -
Automotive 4D Imaging Radar Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-4d-imaging-radar-global-market-report
Automotive AC Compressor Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-ac-compressor-global-market-report
Automotive Active Health Monitoring System Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-active-health-monitoring-system-global-market-report
About The Business Research Company
The Business Research Company, with over 15000+ reports across 27 industries and covering 60+ geographies, maintains a reputation for comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, you can glean the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info|tbrc.info| |info|tbrc.info
Visit us on social media:
LinkedIn
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
NEVIS UNVEILS NEW BRANDING CAMPAIGN AT CARIBBEAN WEEK NYC
Washington County Waterways Commission Announces Underground Railroad Memorial Dedication Event
UK Minister for the Indo-Pacific Catherine West MP Visits Shield Works in Zhuhai for High-Level Business Roundtable
Kalendarium
Więcej ważnych informacji
Jedynka Newserii
Jedynka Newserii
Handel
Ze względu na różnice w cenach surowce wtórne przegrywają z pierwotnymi. To powoduje problemy branży recyklingowej
Rozporządzenie PPWR stawia ambitne cele w zakresie wykorzystania recyklatów w poszczególnych rodzajach opakowań. To będzie oznaczało wzrost popytu na materiały wtórne pochodzące z recyklingu. Obecnie problemy branży recyklingu mogą spowodować, że popyt będzie zaspokajany głównie przez import. Dziś do dobrowolnego wykorzystania recyklatów nie zachęcają przede wszystkim ceny – surowiec pierwotny można kupić taniej niż ten z recyklingu.
Przemysł spożywczy
Rośnie presja konkurencyjna na unijne rolnictwo. Bez rekompensat sytuacja rolników może się pogarszać
Rolnictwo i żywność, w tym rybołówstwo, są sektorami strategicznymi dla UE. System rolno-spożywczy, oparty na jednolitym rynku europejskim, wytwarza ponad 900 mld euro wartości dodanej. Jego konkurencyjność stoi jednak przed wieloma wyzwaniami – to przede wszystkim eksport z Ukrainy i niedługo także z krajów Mercosur, a także presja związana z oczekiwaniami konsumentów i Zielonym Ładem. Bez rekompensat rolnikom może być trudno tym wyzwaniom sprostać.
Transport
Infrastruktury ładowania elektryków przybywa w szybkim tempie. Inwestorzy jednak napotykają szereg barier
Liczba punktów ładowania samochodów elektrycznych wynosi dziś ok. 10 tys., a tempo wzrostu wynosi ok. 50 proc. r/r. Dynamika ta przez wiele miesięcy była wyższa niż wyniki samego rynku samochodów elektrycznych, na które w poprzednim roku wpływało zawieszenie rządowych dopłat do zakupu elektryka. Pierwszy kwartał br. zamknął się 22-proc. wzrostem liczby rejestracji w ujęciu rocznym, ale kwiecień przyniósł już wyraźne odbicie – o 100 proc.
Partner serwisu
.gif)
Szkolenia
Akademia Newserii
Akademia Newserii to projekt, w ramach którego najlepsi polscy dziennikarze biznesowi, giełdowi oraz lifestylowi, a także szkoleniowcy z wieloletnim doświadczeniem dzielą się swoją wiedzą nt. pracy z mediami.
|
|
|