Market Overview:
The global light vehicle ACC ECU market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles, coupled with the rising adoption of advanced safety features in automobiles. The OEM segment is expected to account for a major share of the global light vehicle ACC ECU market during the forecast period. This can be attributed to the increasing demand for advanced safety features in automobiles from original equipment manufacturers (OEMs). The aftermarket segment is projected to grow at a higher CAGR than that of OEM during the forecast period.
Product Definition:
A Light Vehicle ACC ECU is an electronic control unit used in modern cars to manage the Active Cruise Control system. This system uses a radar sensor to detect the distance and speed of objects in front of the car, and then adjusts the speed of the car accordingly. The Light Vehicle ACC ECU controls all aspects of this system, including how fast the car can accelerate, decelerate, and change lanes. It is an important part of modern cars' safety features, as it helps maintain a safe distance between cars on the road.
OEM:
OEM is short for Original Equipment Manufacturer. It’s a company that manufactures the complete automobile including the engine, body, and chassis. In automotive industry OEM refers to a company which has its own distribution channel for its products in contrast to aftermarket parts or service providers. The major reason behind this difference is that OEMs have their manufacturing plant where they can control all aspects of production such as technology used, type of raw material used and so on.
Aftermarket:
The aftermarket is the secondary market of the light vehicle. It includes all repair and maintenance services for vehicles. Aftermarket parts are used to fix a vehicle instead of buying a new one. The demand for these products is increasing due to rising disposable income, changing lifestyle, and increasing population in developing countries like India and China.
Application Insights:
The global light vehicle ACC ECUs market is segmented on the basis of application into passenger vehicle and commercial vehicles. The commercial vehicles segment held a larger share in 2017 owing to the growing demand for trucks, buses, coaches and other such vehicles in developing countries. In addition, increasing penetration of e-commerce has led to an increase in the sales of new cars across the world which has boosted demand for automotive electronics over recent years.
Light Commercial Vehicles (LCVs) accounted for a larger share as compared to PV or HCI due to various factors such as higher average age of LCV drivers; more frequent transactions per year; and higher repair & maintenance costs associated with them.
Regional Analysis:
Europe accounted for the largest share of over 35% in 2017. The region is expected to continue its dominance over the forecast period owing to stringent regulations imposed by the European government on road accidents. Europe has one of the highest rates of road traffic deaths, and it is estimated that every year more than 1 million people die due to Road Traffic Injury (RTI). This poses a major risk for public as well as private entities in terms of loss and financial damage caused due to accidents. In order to reduce such risks, ACC ECU has been installed in all new light vehicles since 2012 across Europe.
Growth Factors:
- Increasing demand for safety features in light vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in ACC ECUs
- Stringent government regulations for vehicle safety standards
- Growing demand for luxury and premium cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Vehicle ACC ECU 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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Light Vehicle ACC ECU Market Report Segments:
The global Light Vehicle ACC ECU 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 ECU 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 ECU 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
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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?
The Light Vehicle ACC ECU is a computer system that controls the operation of certain types of light vehicles in the United States. It is designed to improve fuel economy and emissions performance.
Some of the major players in the light vehicle acc ecu market are Bosch, Denso, Fujitsu, Continental, Autoliv, Aptiv, ZF, Valeo, Hella.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Vehicle ACC ECU 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 ECU Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Light Vehicle ACC ECU 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 ECU 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 ECU Market Size & Forecast, 2018-2028 4.5.1 Light Vehicle ACC ECU Market Size and Y-o-Y Growth 4.5.2 Light Vehicle ACC ECU Market Absolute $ Opportunity
Chapter 5 Global Light Vehicle ACC ECU 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 ECU 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 ECU 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 ECU 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 ECU 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 ECU 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 ECU Analysis and Forecast
9.1 Introduction
9.2 North America Light Vehicle ACC ECU 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 ECU 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 ECU 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 ECU Analysis and Forecast
10.1 Introduction
10.2 Europe Light Vehicle ACC ECU 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 ECU 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 ECU 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 ECU Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Vehicle ACC ECU 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 ECU 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 ECU 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 ECU Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Vehicle ACC ECU 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 ECU 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 ECU 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 ECU Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Vehicle ACC ECU 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 ECU 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 ECU 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 ECU Market: Competitive Dashboard
14.2 Global Light Vehicle ACC ECU 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