DUBLIN, Dec. 8, 2017 /PRNewswire/ --
The "Global Automotive Adaptive Cruise Control Market 2017-2021" report has been added to Research and Markets' offering.
The global automotive adaptive cruise control market is expected to grow at a CAGR of 17.92% during the period 2017-2021.
The report, Global Automotive Adaptive Cruise Control 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.
One trend in the market is growing demand for eco cruise control to improve efficiency. Eco cruise control (ECC) or economic cruise control is different from the normal cruise control that is available in the market. The normal cruise control is mostly designed for the freeway, but ECC is designed for the roads with too many ups and downs slopes, which consumes a lot of fuel while driving normally.
According to the report, one driver in the market is growing demand for safety features in vehicles. With the rising cases of accident, the demand for safety features such as ACC, lane assists, and collision warning systems in vehicles is growing rapidly. Nowadays, these advanced systems are not limited to the premium segment vehicles only, but the owners of entry-level cars are also adopting them. The high demand for these systems is attributed to the growing awareness of the safety systems and technologies among the consumers. OEMs advertise their products by creating emotionally connective ads related to safety, which increases the demand for their safety systems in the market.
Further, the report states that one challenge in the market is adverse weather conditions and other issues affecting sensor indications. ACC may not work efficiently in some weather conditions such as heavy rains and fogs or if dirt or snow is covering the sensors or if the roadways are slippery. Sometimes, ACC does not work efficiently in tunnels. It is found that the laser-based adaptive control systems, which are mounted in front to track the safe distance and speed of the vehicle with laser systems, are unable to track vehicles in front that have a dirty or nonreflective appearance. According to a survey by the US Department of Transportation (DOT), more than 5,728,000 vehicle collisions happened between 2005 and 2014.
- ZF Friedrichshafen
Other prominent vendors
- Peloton Technology
- Magna International
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Vehicle Type
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/d7th79/global_automotive
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets