Market Overview:
The global Automobile ACC Radar market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and rising awareness about safety features in automobiles. The market is segmented by type, application, and region. By type, the market is segmented into 76GHz, 77GHz, 79GHz radar systems. By application, the market is divided into passenger vehicle and commercial vehicle segments. Passenger vehicles are further classified into luxury cars and non-luxury cars segments. Commercial vehicles are sub-divided into light commercial vehicle (LCV) and heavy commercial vehicle (HCV) segments. Geographically, the global Automobile ACC Radar market is segmented into North America, Latin America Europe Asia Pacific Middle East & Africa (MEA). North America dominates the global Automobile ACC Radar Market with a share of more than 38%. This can be attributed to factors such as high adoption rate of advanced technologies in automobiles coupled with stringent safety norms mandating use of advanced automotive safety features such as Advanced Driver Assistance Systems (ADAS).
Product Definition:
Automobile ACC Radar is a system that uses radar to detect the distance and speed of objects in front of a vehicle. This information is used to help the driver maintain a safe distance from other vehicles and avoid collisions.
76GHz:
76 GHz is a band used in automotive Advanced Camera/Radar system. The global market for ACC radars is expected to grow at a CAGR of XX% from 2016 to 2024. This growth can be attributed to the increasing demand for safety and advanced driver assistance systems (ADAS).
The primary applications of 76GHz include adaptive cruise control, lane departure warning, collision avoidance braking system and parking assistance among others.
77GHz:
77 GHz is a band used in the Automated Speed Control (ASCR) radars to measure the speed of vehicles. The maximum power that can be transmitted by these radars is around 500mW. It measures the velocity of target objects with respect to ground-based transmitters and receivers.
Application Insights:
Passenger vehicle application dominated the overall market in terms of revenue share at over 60.0% in 2017. The segment is expected to witness significant growth during the forecast period on account of increasing demand for passenger vehicles due to rapid urbanization, especially in developing regions such as Asia Pacific and Latin America.
The commercial vehicle application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising adoption and deployment of ACC radars by major automotive manufacturers for safety and security purposes along with regulatory requirements pertaining thereto, which are aimed at improving road safety for drivers across the globe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing road accidents and growing adoption of ACC systems in North American countries. Europe accounted for a significant share of revenue in 2017, as several European countries have made it compulsory for all new passenger vehicles from 2018 onwards to incorporate an ACC system. Moreover, technological advancements coupled with high standards of driving safety provided by the European government are some factors that can be attributed to regional growth.
The Daimler AG Company has announced plans for introducing an advanced driver-assistance system (ADAS) based on short-range radar technology across various Mercedes models by 2019 at Auto Shanghai motor show held recently in China.
Growth Factors:
- Increasing demand for luxury and premium cars
- Rising disposable income of consumers in developing countries
- Technological advancements in ACC radar systems
- Stringent safety norms by regulatory authorities worldwide
- Growing awareness about the benefits of advanced driver assistance systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile ACC Radar Market Research Report
By Type
76GHz, 77GHz, 79GHz
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Bosch, Denso, Fujitsu, Continental, Aptiv, ZF, Valeo, Hella, Veoneer, Nidec Elesys, NXP Semiconductors, Ainstein, Smartmicro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Automobile ACC Radar Market Report Segments:
The global Automobile ACC Radar market is segmented on the basis of:
Types
76GHz, 77GHz, 79GHz
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Denso
- Fujitsu
- Continental
- Aptiv
- ZF
- Valeo
- Hella
- Veoneer
- Nidec Elesys
- NXP Semiconductors
- Ainstein
- Smartmicro
Highlights of The Automobile ACC Radar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 76GHz
- 77GHz
- 79GHz
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile ACC Radar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile ACC Radar is a system that uses radar to detect and track vehicles. It is used by law enforcement to enforce traffic laws.
Some of the major players in the automobile acc radar market are Bosch, Denso, Fujitsu, Continental, Aptiv, ZF, Valeo, Hella, Veoneer, Nidec Elesys, NXP Semiconductors, Ainstein, Smartmicro.
The automobile acc radar market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile ACC Radar Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automobile ACC Radar Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automobile ACC Radar Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automobile ACC Radar Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automobile ACC Radar Market Size & Forecast, 2018-2028 4.5.1 Automobile ACC Radar Market Size and Y-o-Y Growth 4.5.2 Automobile ACC Radar Market Absolute $ Opportunity
Chapter 5 Global Automobile ACC Radar Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile ACC Radar Market Size Forecast by Type
5.2.1 76GHz
5.2.2 77GHz
5.2.3 79GHz
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile ACC Radar Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile ACC Radar Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile ACC Radar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile ACC Radar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile ACC Radar Analysis and Forecast
9.1 Introduction
9.2 North America Automobile ACC Radar Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile ACC Radar Market Size Forecast by Type
9.6.1 76GHz
9.6.2 77GHz
9.6.3 79GHz
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile ACC Radar Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile ACC Radar Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile ACC Radar Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile ACC Radar Market Size Forecast by Type
10.6.1 76GHz
10.6.2 77GHz
10.6.3 79GHz
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile ACC Radar Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile ACC Radar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile ACC Radar Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile ACC Radar Market Size Forecast by Type
11.6.1 76GHz
11.6.2 77GHz
11.6.3 79GHz
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile ACC Radar Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile ACC Radar Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile ACC Radar Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile ACC Radar Market Size Forecast by Type
12.6.1 76GHz
12.6.2 77GHz
12.6.3 79GHz
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile ACC Radar Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile ACC Radar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile ACC Radar Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile ACC Radar Market Size Forecast by Type
13.6.1 76GHz
13.6.2 77GHz
13.6.3 79GHz
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile ACC Radar Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile ACC Radar Market: Competitive Dashboard
14.2 Global Automobile ACC Radar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Denso
14.3.3 Fujitsu
14.3.4 Continental
14.3.5 Aptiv
14.3.6 ZF
14.3.7 Valeo
14.3.8 Hella
14.3.9 Veoneer
14.3.10 Nidec Elesys
14.3.11 NXP Semiconductors
14.3.12 Ainstein
14.3.13 Smartmicro