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adaptive cruise control market size was USD 35.34 Billion in 2021, and is expected to register a revenue CAGR of 6.2% during the forecast period. Rapid automotive technological advancements and rising trend of connected mobility are major factors driving the adaptive cruise control market revenue growth. Connected mobility entails gathering data from various sources on a vehicle, processing it, and developing applications around it. The technology extensively employs Internet of Things (IoT)-based sensors and devices to collect data on vehicle acceleration, engine temperature, brakes, oil leve
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Market Summary Adaptive cruise control market size was USD 35.34 Billion in 2021, and is expected to register a revenue CAGR of 6.2% during the forecast period. Rapid automotive technological advancements and rising trend of connected mobility are major factors driving the adaptive cruise control market revenue growth. Connected mobility entails gathering data from various sources on a vehicle, processing it, and developing applications around it. The technology extensively employs Internet of Things (IoT)-based sensors and devices to collect data on vehicle acceleration, engine temperature, brakes, oil level, battery, and other parameters. The data gathered allows drivers to make more informed decisions. Read More: https://www.reportsanddata.com/report-detail/adaptive-cruise-control-market
Market Summary The adaptive cruise control system makes extensive use of sensors to collect information on a vehicle’s surrounding environment. Global Positioning System (GPS) sensor, for instance, allows the vehicle’s system to measure and map shortest route towards destination. Moreover, sensors also improve visibility of the surrounding environment of a vehicle and enables adaptive cruise control system to function properly by providing accurate information. Grab Free Sample: https://www.reportsanddata.com/sample-enquiry-form/2195
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