Adaptive Cruise Control Market
                     Adaptive 
Cruise Control 
Market To 
Reach USD 
68.97 Billion 
By 2027
Market 
Summary
Market Size – USD 15.99 Billion in 2019, Market Growth - CAGR of 21.32%, 
Market Trends – Rising cases of road accidents and need for fuel efficiency 
through Adaptive Cruise Control 
The rising number of deaths due to road accidents, legislations that regulate automobile markets, and the 
need for fuel-efficient solutions for transportation are vital factors contributing to the growth of the Adaptive 
Cruise Control Market during the forecast period.
According to the current analysis of Reports and Data, The global Adaptive Cruise Control (ACC) Market 
was valued at USD 15.99 Billion in 2019 and is expected to reach USD 68.97 Billion by the year 2027, at a 
CAGR of 21.32%. ACC refers to a technology that enables the provision of assistance to the driver to control 
the vehicle in the motorway. The system is able to successfully take control over the accelerator, brake and 
engine and aids in the maintenance of time-gap with the car ahead. The vehicle control is able to collect 
information from the on-board sensors which are of many types such as laser, radar, LiDAR, or other multiple 
sensors.
Market 
Summary
It is known by various names including dynamic control. The Increasing number of automotive accidents 
globally is one of the drivers for the growth of the ACC market. Another key factor for the increase in the size 
of the market through the forecasted period is the rising number of initiatives being undertaken by 
governments globally in order to improve the fuel efficiency of the cars as well as improve the safety 
attributes of the vehicles. ACC refers to an intelligent form of cruise monitoring that allows the cars to speed 
up and slow down automatically in order to keep up with the pace of the traffic ahead. ACC is also called as 
autonomous, active, intelligent and radar control. Regardless of what it is called, it`s becoming an increasingly 
common feature in new cars globally. ACC works with a sensor that is mounted within the front part of the 
car that constantly keeps on scanning the road ahead for other cars. The major advantages of ACC come into 
play during long journeys on wide-open roads like motorways, as well as on busier roads with a lot of traffic.
The growth of the market is propelled by the rising number of road accidents across the world and the 
booming automobile markets in developing countries like India and China. These countries are facing the 
peak-car face and passenger cars are sold in mass quantities. This sustained demand in the automobile 
industry has further boosted the growth of the ACC market.
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Market 
Summary
Key market players include
Autoliv, Inc. (Sweden), Magna International (Canada), Valeo S.A. (France), Delphi Automotive (Ireland), 
Continental AG (Germany), Denso Corporation (Japan), ZF Friedrichshafen (Germany), Hyundai Mobis Co. 
(South Korea), Mando Corporation (South Korea), and WABCO (France)
 Technology (Revenue, USD Million; 2017–2027)
Image
Radar
LiDAR
Ultrasonic
Type (Revenue, USD Million; 2017–2027)
Assisted Systems
Mutli-sensored Systems
Cooperative Systems
To identify the key trends in the industry, click on the link : 
https://www.reportsanddata.com/report-detail/adaptive-cruise-control-market
Market 
Summary
Further key findings from the report suggest
Vehicle Type (Revenue, USD Million; 2017–2027)
Passenger
Mid-sized Car
Sedan
Mini Van
Convertible
Crossover
Hatchback
Others
Related Reports – 
SB Wire - 
http://www.sbwire.com/press-releases/adaptive-cruise-control-market-to-expand-at-a-cagr-of-2132-from-2020-to
-2027-autoliv-inc-magna-international-valeo-sa-etc-1300623.htm
Digital Journal - http://www.digitaljournal.com/pr/4781207
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