Adaptive Cruise Control Market Size, Share, Trend and Forecast to 2027

1. Adaptive Cruise Control Market Report 2020-2028 www.emergenresearch.com The rising rate of road accidents and increasing government initiatives for implementing autonomous vehicles are driving the demand for the market..

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5. Market Summary • The global Adaptive Cruise Control Market is forecasted to be worth USD 62.36 Billion by 2027, according to a current analysis by Emergen Research. The adaptive cruise control market is forecasted to grow substantially throughout the forecast period due to the increasing demand for advanced technology to avoid rear-end collisions and rising preference for automated vehicles to eases the other activities while driving. • Besides, the increasing government initiatives for implementing low emission and energy-efficient vehicles is expected to boost market growth shortly. For instance, President Moon Jae-in of South Korea has announced a plan to commercialize fully autonomous vehicles by 2027 and to become the world's first country to have completely self-driving cars on South Korea roads. www.emergenresearch.com

6. Market Summary • Key Highlights From The Report • In July 2019, Velodyne Lidar, Inc. acquired Mapper.ai. This acquisition will enhance the capabilities of Velodyne for adaptive cruise control and advanced driver assistance systems. • The passenger car segment is forecasted to hold the largest market throughout the forecast period, with a CAGR of 21.2% owing to the growing demand for fuel-efficient cars. • Due to the rising concern for road safety among professional drivers and logistics organizations, the commercial vehicle segment is anticipated to grow substantially over the forecast period. • Key participants include DENSO Corporation, Robert Bosch GmbH, Continental AG, Velodyne Lidar, Inc., Delphi Automotive LLP, Magna International Inc, Autoliv Inc., Valeo SA, ZF Friedrichshafen AG, and Mando Corporation, among others. • Request Free Sample Copy@https://www.emergenresearch.com/request-sample/188 www.emergenresearch.com

7. Market Summary • Emergen Research has segmented the global Adaptive Cruise Control Market on the basis of vehicle, type, technology, and region: • Vehicle Outlook (Revenue, USD Billion; 2017-2027) • Commercial Vehicle • Passenger Car • Type Outlook (Revenue, USD Billion; 2017-2027) • Assisting Systems • Multi-Sensor Systems • Predictive Systems • Technology Outlook (Revenue, USD Billion; 2017-2027) • LiDAR • Image • Ultrasonic • Read More@ https://www.emergenresearch.com/industry-report/adaptive-cruise-control-market

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