Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Commercial Vehicle ACC Digital Signal Processor Market by Type (OEM, Aftermarket), By Application (Light Commercial Vehicle, Heavy Commercial Vehicle) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Commercial Vehicle ACC Digital Signal Processor Market by Type (OEM, Aftermarket), By Application (Light Commercial Vehicle, Heavy Commercial Vehicle) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 433520 4200 Automobile & Transportation 377 228 Pages 4.8 (44)
                                          

Market Overview:


The global commercial vehicle ACC digital signal processor market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for safety features in commercial vehicles and the growing awareness about the benefits of using these systems. The global commercial vehicle ACC digital signal processor market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into OEM and aftermarket segments. The OEM segment is expected to hold a larger share of this market during the forecast period owing to rising demand for advanced safety features in new vehicles. However, with increasing awareness about these systems among consumers, there is an increase in demand for aftermarket systems as well. On the basis of application, it is divided into light commercial vehicle (LCV) and heavy commercial vehicle (HCV) segments.


Global Commercial Vehicle ACC Digital Signal Processor Industry Outlook


Product Definition:


A commercial vehicle ACC digital signal processor is a device that helps to improve the safety of commercial vehicles by automatically braking or slowing them down when necessary. This device is important because it can help to prevent accidents and save lives.


OEM:


OEM is short for Original Equipment Manufacturer. It’s a company that manufactures electronic devices such as integrated circuits, semiconductors, and other parts which are used in another company’s product. OEM can be seen in two types: business-to-business and business-to-consumer. B2B refers to the sale of an OEM's product or service to another company; it does not involve consumers directly.


Aftermarket:


Aftermarket is the second hand market for consumer electronics, vehicles, and other goods. In recent years, it has gained tremendous traction in the automotive industry. The primary reason for this growth is due to a significant increase in demand for electronic devices that are installed in vehicles after they have been purchased by consumers.


The Aftermarket consists of two parts: new product sales and service (including maintenance).


Application Insights:


The light commercial vehicle application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for trucks, vans and buses in developing countries including India, China, Brazil etc., which use digital signal processors (DSP) for controlling traffic lights by using on-board computers.


Light commercial vehicles are also expected to benefit from technological advancements such as integration of GPS navigation systems with DSPs that enable advanced safety features such as lane departure warning system (LDWS). LDWS uses visual recognition technology to alert drivers about their surroundings through LED indicators built into the headlight lenses. Such technological advancements are anticipated to increase product demand over the coming years.


Heavy Commercial Vehicle application segment accounted for a share of 33% in 2017 owing to rising adoption across North America.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for commercial vehicles in countries such as China, India, and Japan. The growing manufacturing sector in these economies coupled with rising investments in public transportation infrastructure is likely to drive product demand. Furthermore, favorable government regulations aimed at promoting sales of electric vehicles are anticipated to further fuel market growth.


Europe accounted for a significant share of global revenue due to stringent emission norms implemented by governments across European countries. Moreover, presence of prominent players such as Continental AG; ZF Friedrichshafen AG; Autoliv Inc.; and Robert Bosch GmbH & Co., based out of Germany will also help Europe ACC DVT signal processor market grow at a steady pace over the next eight years.


Growth Factors:


  • Increasing demand for commercial vehicles
  • Growing awareness about the benefits of ACC digital signal processors
  • Rising number of accidents involving commercial vehicles
  • Proliferation of advanced technologies in the automotive sector
  • Stringent government regulations pertaining to safety and security

Scope Of The Report

Report Attributes

Report Details

Report Title

Commercial Vehicle ACC Digital Signal Processor Market Research Report

By Type

OEM, Aftermarket

By Application

Light Commercial Vehicle, Heavy Commercial Vehicle

By Companies

Bosch, Denso, Fujitsu, Continental, Autoliv, Aptiv, ZF, Valeo, Hella

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

228

Number of Tables & Figures

160

Customization Available

Yes, the report can be customized as per your need.


Global Commercial Vehicle ACC Digital Signal Processor Market Report Segments:

The global Commercial Vehicle ACC Digital Signal Processor market is segmented on the basis of:

Types

OEM, Aftermarket

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

Light Commercial Vehicle, Heavy 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:

  1. Bosch
  2. Denso
  3. Fujitsu
  4. Continental
  5. Autoliv
  6. Aptiv
  7. ZF
  8. Valeo
  9. Hella

Global Commercial Vehicle ACC Digital Signal Processor Market Overview


Highlights of The Commercial Vehicle ACC Digital Signal Processor Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. OEM
    2. Aftermarket
  1. By Application:

    1. Light Commercial Vehicle
    2. Heavy Commercial Vehicle
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Commercial Vehicle ACC Digital Signal Processor 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:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Commercial Vehicle ACC Digital Signal Processor Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A Commercial Vehicle ACC Digital Signal Processor (DSP) is a device that helps control the braking, acceleration and steering of commercial vehicles.

Some of the major companies in the commercial vehicle acc digital signal processor market are Bosch, Denso, Fujitsu, Continental, Autoliv, Aptiv, ZF, Valeo, Hella.

The commercial vehicle acc digital signal processor market is expected to grow at a compound annual growth rate of 7.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Vehicle ACC Digital Signal Processor 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 Commercial Vehicle ACC Digital Signal Processor Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Commercial Vehicle ACC Digital Signal Processor 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 Commercial Vehicle ACC Digital Signal Processor 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 Commercial Vehicle ACC Digital Signal Processor Market Size & Forecast, 2020-2028       4.5.1 Commercial Vehicle ACC Digital Signal Processor Market Size and Y-o-Y Growth       4.5.2 Commercial Vehicle ACC Digital Signal Processor Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 OEM
      5.2.2 Aftermarket
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Light Commercial Vehicle
      6.2.2 Heavy Commercial Vehicle
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Commercial Vehicle ACC Digital Signal Processor 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 Commercial Vehicle ACC Digital Signal Processor 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 OEM
      9.6.2 Aftermarket
   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  Market Size Forecast by Applications
      9.10.1 Light Commercial Vehicle
      9.10.2 Heavy 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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 OEM
      10.6.2 Aftermarket
   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  Market Size Forecast by Applications
      10.10.1 Light Commercial Vehicle
      10.10.2 Heavy 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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 OEM
      11.6.2 Aftermarket
   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  Market Size Forecast by Applications
      11.10.1 Light Commercial Vehicle
      11.10.2 Heavy 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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 OEM
      12.6.2 Aftermarket
   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  Market Size Forecast by Applications
      12.10.1 Light Commercial Vehicle
      12.10.2 Heavy 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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 OEM
      13.6.2 Aftermarket
   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)  Market Size Forecast by Applications
      13.10.1 Light Commercial Vehicle
      13.10.2 Heavy 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 Commercial Vehicle ACC Digital Signal Processor Market: Competitive Dashboard
   14.2 Global Commercial Vehicle ACC Digital Signal Processor 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 Autoliv
      14.3.6 Aptiv
      14.3.7 ZF
      14.3.8 Valeo
      14.3.9 Hella

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