Market Overview:
The global light vehicle ACC radar 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%. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global light vehicle ACC radar market has been segmented on the basis of frequency band, application, and region. On the basis of frequency band, the market has been segmented into 76GHz, 77GHz, 79GHz. The passenger vehicle segment is expected to account for a major share of the global light vehicle ACC radar market during the forecast period. This can be attributed to increasing demand for luxury cars and SUVs across regions. Asia Pacific is expected to witness high growth rates during the forecast period owing to rising disposable income levels and growing automotive industry in countries such as China and India.
Product Definition:
Light Vehicle ACC Radar is a device 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 which was initially set aside for military applications. However, with growing demand from the commercial and consumer sector, it has been made available to the general public. The 76 GHz band offers several benefits such as high power transmission over large distances along with immunity to multipath interference. It also provides features such as wider bandwidths at very high frequencies along with enhanced directivity from antenna compared to other bands of similar size.
77GHz:
77 GHz is a band used in the European and American markets for applications such as ACC (Automatic Cruise Control) radar. The term 77 GHz usually refers to the frequency range between 75-80GHz, but it also includes some parts of the spectrum below and above this range. In Europe, this band is mostly used by automotive manufacturers for their radar systems that help in providing enhanced safety to vehicle drivers.
Application Insights:
The market is segmented on the basis of application into passenger vehicle and commercial vehicle. The commercial vehicles include trucks, buses, coaches and others such as light-duty vehicles used for transporting passengers. Increasing demand for light trucks in developing countries such as India and China is expected to drive the growth of this segment over the forecast period.
Passenger car drivers often complain about insufficient rear visibility due to blind spots created by traditional body designs that use a single sheet of glass for both side windows. ACC systems use radar technology to detect other cars¢â‚¬â„¢ approach from the rear and alert drivers with a warning tone or vibration sensation in steering wheel or chassis during low speed maneuvering around turns or when another car approaches from behind at high speeds. This has led to an increased adoption of these systems across various makes & models across all major markets globally since 2015, which can be attributed as one of the key factors driving product demand over the forecast period.
Regional Analysis:
North America dominated the global light vehicle ACC radar market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a CAGR of XX% from 2018 to 2030 owing to stringent government regulations and growing awareness among customers regarding road safety. Europe accounted for a significant share in 2017 as it has been one of the most developed regions since ancient times and holds several important dates such as Easter, Christmas, Halloween etc., which makes it one of the most traveled tourist destinations globally; thus driving up product demand across this region.
The automotive industry plays an important role in economic development through job creation.
Growth Factors:
- Increasing demand for safety features in light vehicles
- Government regulations for mandatory installation of ACC radar systems in new light vehicles
- Rising demand for luxury and premium cars
- Technological advancements that improve the accuracy and performance of ACC radar systems
- Growing awareness about the benefits of ACC radar systems among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Vehicle 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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Light Vehicle ACC Radar Market Report Segments:
The global Light Vehicle 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 Light Vehicle 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 Light Vehicle 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:
- 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?
Light Vehicle ACC Radar is a type of radar that uses a lower power than traditional radars, making it ideal for use in vehicles. This type of radar can be used to detect objects such as cars, trucks, motorcycles and bicycles.
Some of the key players operating in the light vehicle acc radar market are Bosch, Denso, Fujitsu, Continental, Aptiv, ZF, Valeo, Hella, Veoneer, Nidec Elesys, NXP Semiconductors, Ainstein, Smartmicro.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Vehicle 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 Light Vehicle ACC Radar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Vehicle 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 Light Vehicle 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 Light Vehicle ACC Radar Market Size & Forecast, 2018-2028
4.5.1 Light Vehicle ACC Radar Market Size and Y-o-Y Growth
4.5.2 Light Vehicle ACC Radar Market Absolute $ Opportunity
Chapter 5 Global Light Vehicle 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 Light Vehicle 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 Light Vehicle 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 Light Vehicle 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 Light Vehicle 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 Light Vehicle 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 Light Vehicle ACC Radar Analysis and Forecast
9.1 Introduction
9.2 North America Light Vehicle 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 Light Vehicle 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 Light Vehicle 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 Light Vehicle ACC Radar Analysis and Forecast
10.1 Introduction
10.2 Europe Light Vehicle 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 Light Vehicle 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 Light Vehicle 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 Light Vehicle ACC Radar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Vehicle 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 Light Vehicle 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 Light Vehicle 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 Light Vehicle ACC Radar Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Vehicle 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 Light Vehicle 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 Light Vehicle 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) Light Vehicle ACC Radar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Vehicle 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) Light Vehicle 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) Light Vehicle 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 Light Vehicle ACC Radar Market: Competitive Dashboard
14.2 Global Light Vehicle 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
