Europe Adaptive Cruise Control (ACC) Market Size, Share & Trends Analysis Report By Product Sales (OEMs (Original Equipment Manufacturers) and Aftermarket), By Type, By Component, By Vehicle Type, By Country and Growth Forecast, 2024 - 2031

Europe Adaptive Cruise Control (ACC) Market Size, Share & Trends Analysis Report By Product Sales (OEMs (Original Equipment Manufacturers) and Aftermarket), By Type, By Component, By Vehicle Type, By Country and Growth Forecast, 2024 - 2031

The Europe Adaptive Cruise Control (ACC) Market would witness market growth of 16.5% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Adaptive Cruise Control (ACC) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,591.3 million by 2031. The UK market is exhibiting a CAGR of 15.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 17.4% during (2024 - 2031).

In addition to highway driving, ACC has become a crucial technology for urban driving. It enables semi-autonomous operation in stop-and-go traffic scenarios, where the vehicle automatically accelerates and brakes to maintain a safe following distance. This feature reduces the stress associated with city driving, where frequent stops are common, and allows the driver to focus more on steering.

ACC systems are increasingly being integrated into fleet management solutions in commercial applications. Large fleets, especially those operating trucks, benefit from ACC's ability to enhance road safety and efficiency by automating speed control and reducing the likelihood of accidents caused by human error. By optimizing speed regulation, ACC systems help improve fuel efficiency and reduce vehicle wear and tear, leading to cost savings for fleet operators.

Europe’s road networks are some of the most congested in the world, particularly in urban areas and along major highways. Cities like London, Paris, and Berlin experience heavy traffic, which can lead to increased accident rates and driving stress. In such environments, ACC systems offer significant benefits by maintaining a safe distance between vehicles, reducing the likelihood of rear-end collisions, and helping drivers navigate traffic more easily. The growing issue of traffic congestion in major European cities makes ACC an increasingly valuable feature, supporting its growing adoption across the region. As more consumers seek vehicles equipped with ACC to improve comfort and safety in traffic, the market for these systems is set to expand. Thus, Europe’s safety regulations and growing demand for advanced vehicle technologies are key drivers for the adaptive cruise control (ACC) market.

Based on Product Sales, the market is segmented into OEMs (Original Equipment Manufacturers) and Aftermarket. Based on Type, the market is segmented into Standalone ACC and Integrated ACC. Based on Component, the market is segmented into Radar Sensors, LIDAR Sensors, Ultrasonic Sensors, and Cameras & Others. Based on Vehicle Type, the market is segmented into Passenger Car and Commercial Vehicle. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Autoliv, Inc.
• Magna International, Inc.
• Robert Bosch GmbH
• Continental AG
• Denso Corporation
• Valeo SA
• Aptiv PLC
• ZF Friedrichshafen AG
• Tesla, Inc.
• Nidec Motor Corporation

Europe Adaptive Cruise Control (ACC) Market Report Segmentation

By Product Sales

• OEMs (Original Equipment Manufacturers)
• Aftermarket

By Type

• Standalone ACC
• Integrated ACC

By Component

• Radar Sensors
• LIDAR Sensors
• Ultrasonic Sensors
• Cameras & Others

By Vehicle Type

• Passenger Car
• Commercial Vehicle

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe