Cruise control and volume buttons on modern car steering wheel, interior details with driver hand
The Business Research Company’s Automotive Adaptive Cruise Control Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Adaptive Cruise Control Global Market Report 2023 evaluates automotive adaptive cruise control market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global automotive adaptive cruise control market size grew from $18.46 billion in 2022 to $20.72 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive adaptive cruise control market size is expected to grow to $32.35 billion in 2027 at a CAGR of 11.8%.
The automotive adaptive cruise control market segments in the report are:
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, Aftermarket
Top 5 Major Key Players Are:
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The table of contents in TBRC’s automotive adaptive cruise control market report includes:
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List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Automotive Adaptive Cruise Control Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Automotive Adaptive Cruise Control Market, Segmentation By Vehicle, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Automotive Adaptive Cruise Control Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 48: Magna International Inc Financial Performance
Table 49: Continental AG Financial Performance
Table 50: Denso Corporation Financial Performance
Table 51: Hitachi Ltd Financial Performance
Table 52: Robert Bosch GmbH Financial Performance
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