Global Automotive ACC System Market Growth (Status and Outlook) 2023-2029

Global Automotive ACC System Market Growth (Status and Outlook) 2023-2029

Active Cruise Control system (the Adaptive Cruise Control, ACC) similar to the traditional Cruise Control, also known as Adaptive Cruise Control system, the system includes a radar sensor, a digital signal processor and a Control module.

LPI (LP Information)' newest research report, the “Automotive ACC System Industry Forecast” looks at past sales and reviews total world Automotive ACC System sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive ACC System sales for 2023 through 2029. With Automotive ACC System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive ACC System industry.

This Insight Report provides a comprehensive analysis of the global Automotive ACC System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive ACC System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive ACC System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive ACC System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive ACC System.

The global Automotive ACC System market size is projected to grow from US$ 3298.7 million in 2022 to US$ 8362.2 million in 2029; it is expected to grow at a CAGR of 14.2% from 2023 to 2029.

The major drivers of growth for this market are increasing luxury and premium vehicle production, rising number of accidents, government initiatives to improve fuel efficiency and safety attributes, and consumer willingness to pay for comfort and safety.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive ACC System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Radar
LIDAR
Sensor Fusion

Segmentation by application
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ZF TRW Automotive Holdings
Delphi Automotive
Continental
Robert Bosch GmbH
Denso
Magna International
Autoliv
Valeo

Please note: The report will take approximately 2 business days to prepare and deliver.