Market Overview:
The global light vehicle ACC digital signal processor market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 10.4% over the forecast period (2018–2030) to reach a value of US$ 5,711.5 Mn by 2030. The growth of the global light vehicle ACC digital signal processor market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe.
Product Definition:
A light vehicle ACC digital signal processor is a device that helps to control the speed of a car. It does this by receiving signals from sensors that are located around the car, and then sending instructions to the engine or brakes accordingly. This helps to ensure safe driving, especially in situations where there is a lot of traffic.
OEM:
OEM is short for Original Equipment Manufacturer. It’s a company that manufactures electronic devices and components such as semiconductors, integrated circuits, and circuit boards which are then sold to other companies who assemble them into the final product. OEMs can be distinguished from aftermarket suppliers in terms of their manufacturing capabilities; while aftermarket suppliers focus on only assembling finished products, OEMs manufacture the entire electronics assembly line in-house thereby having more control over quality aspects as well as pricing.
Aftermarket:
Aftermarket is the second hand market of the vehicle. In simple words, it means used or new parts sold after the original manufacturer has done with it. Aftermarket can be defined as all those goods and services which are provided to a consumer who has purchased a new product but is unable to obtain any further assistance from the supplier of original equipment manufacturers (OEM).
The automotive industry constitutes one of the largest markets for aftermarket products and services globally.
Application Insights:
The passenger vehicle application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to increasing demand for passenger vehicles with advanced safety features, such as adaptive cruise control, lane departure warning system and blind-spot detection systems. Furthermore, these processors enhance vehicle safety by offering anti-theft protection along with driver assistance functions such as parking assist and collision avoidance systems.
Commercial Vehicle applications are expected to witness a significant growth rate over the forecast period owing to rising demand for heavy trucks equipped with advanced technologies that improve their maneuverability on highways while reducing fuel consumption by up to 20%. These digital signal processors enable drivers¢â‚¬â„¢ aid in maintaining a safe distance from other vehicles while operating at speeds of up double the legal limit. They also help avoid accidents caused due largely not only driver distraction but also poor visibility conditions at night or during inclement weather conditions on roads less traveled.
Regional Analysis:
Europe accounted for the largest market share in 2017 and is anticipated to witness significant growth over the forecast period. This can be attributed to stringent government regulations regarding road safety, which has resulted in an increased adoption of ACC systems across Europe. Furthermore, technological advancements such as high-speed data link between vehicles and processors are further expected to drive the regional market growth. Asia Pacific is projected to register a higher CAGR over the forecast period owing to increasing demand from developing countries such as India and China.
The growing popularity of motorsports activities in Brazil on account of various championships held there is likely to boost product sales across Latin America region.
Growth Factors:
- Increasing demand for safety features in vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in the field of digital signal processors
- Growing awareness about the benefits of advanced driver assistance systems among consumers
- Stringent government regulations mandating the installation of advanced driver assistance systems in vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Vehicle ACC Digital Signal Processor Market Research Report
By Type
OEM, Aftermarket
By Application
Passenger Vehicle, 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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Light Vehicle ACC Digital Signal Processor Market Report Segments:
The global Light 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
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
- Autoliv
- Aptiv
- ZF
- Valeo
- Hella
Highlights of The Light Vehicle ACC Digital Signal Processor 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:
- OEM
- Aftermarket
- 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 Light 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
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?
A Light Vehicle ACC Digital Signal Processor (DSP) is a special type of digital signal processor that is designed specifically for use in automobiles. These processors are typically used to control various aspects of the vehicle's braking, acceleration, and steering systems.
Some of the key players operating in the light vehicle acc digital signal processor market are Bosch, Denso, Fujitsu, Continental, Autoliv, Aptiv, ZF, Valeo, Hella.
The light vehicle acc digital signal processor market is expected to grow at a compound annual growth rate of 10.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light 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 Light Vehicle ACC Digital Signal Processor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light 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 Light 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 Light Vehicle ACC Digital Signal Processor Market Size & Forecast, 2018-2028
4.5.1 Light Vehicle ACC Digital Signal Processor Market Size and Y-o-Y Growth
4.5.2 Light Vehicle ACC Digital Signal Processor Market Absolute $ Opportunity
Chapter 5 Global Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor Market Size Forecast by Type
5.2.1 OEM
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light 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 Light 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 Light Vehicle ACC Digital Signal Processor Analysis and Forecast
9.1 Introduction
9.2 North America Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor Analysis and Forecast
10.1 Introduction
10.2 Europe Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor 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) Light Vehicle ACC Digital Signal Processor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Vehicle ACC Digital Signal Processor 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) Light Vehicle ACC Digital Signal Processor 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) Light Vehicle ACC Digital Signal Processor 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 Light Vehicle ACC Digital Signal Processor Market: Competitive Dashboard
14.2 Global Light 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
