Market Overview:
The global passenger vehicle ACC radar market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced safety features in passenger vehicles and the rising adoption of autonomous driving technology. Based on type, the global passenger vehicle ACC radar market is segmented into 76GHz, 77GHz, and 79GHz segments. The 76GHz segment is expected to hold a major share of the market in 2018 owing to its low cost and high performance. However, the 77GHz segment is projected to grow at a higher CAGR during the forecast period due its superior performance over other types of ACC radars. Based on application, sedans are expected to hold a majority share of the global passenger vehicle ACC radar market in 2018 followed by SUVs and others (including hatchbacks, MUVs/MPVs). The demand for SUVs is growing rapidly across all regions due their growing popularity among consumers as well as their increasing adoption for luxury travel purposes.
Product Definition:
A passenger vehicle ACC radar is a device that uses radio waves to detect the distance and speed of objects in front of a vehicle. This information is then used to control the acceleration, braking, and steering of the vehicle. The importance of passenger vehicle ACC radar is that it helps to improve safety by reducing collisions.
76GHz:
76 GHz is a band which was initially used for military radar. However, with technological advancement it is now being used in passenger vehicles' ACC (Airborne Collision Control) radars to provide an enhanced level of safety during accidents or near-misses. The use of this frequency range helps in detecting the distance and speed of other vehicles nearby along with identifying obstacles on the road ahead, thus helping to improve driving experience by enhancing driver awareness and reducing accident rates significantly.
77GHz:
77 GHz is a band which was initially used in military radar. It has high power and wide range, but it can be easily blocked by buildings and trees. The European Union (EU) has set limits on the use of this band for passenger vehicles’ automatic collision avoidance system (ACC).
Application Insights:
Based on application, the market is segmented into a sedan, SUV and others. The SUV segment held the largest share in 2017 owing to increased demand for 4WD vehicles across various regions. Moreover, increasing sales of sports utility vehicles with high seating capacity are expected to drive demand over the forecast period.
The other applications include buses, trucks and other large vehicle category which can be driven by either diesel or gasoline engines. Growing commercial fleets are expected to remain a key driving factor for this market over the forecast period as they require low maintenance cost and fuel efficient vehicles that do not consume much fuel due to their large size. This is likely to result in higher adoption of these devices across various vehicle types including light-duty trucks and coaches over the coming years.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing road accidents and presence of stringent regulations regarding driver safety. Europe accounted for a significant share in 2017, as it has been one of the most impacted regions by terrorism, which has resulted into increased adoption of ACC systems across passenger cars and commercial vehicles. Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to rising government initiatives for road safety coupled with improving infrastructure network within developing countries such as India and China.
Growth Factors:
- Increasing demand for passenger vehicles
- Rising disposable income of consumers
- Technological advancements in ACC radar systems
- Government initiatives to promote the use of passenger vehicles
- Growing awareness about the benefits of ACC radar systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle ACC Radar Market Research Report
By Type
76GHz, 77GHz, 79GHz
By Application
Sedan, SUV, Others
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle ACC Radar Market Report Segments:
The global Passenger 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
Sedan, SUV, Others
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 Passenger 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:
- Sedan
- SUV
- Others
- 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 Passenger 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
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- 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?
Passenger Vehicle ACC Radar is a system that uses radar to detect and track vehicles on the road. This system can be used to identify vehicles that are breaking traffic laws, such as speeding or driving without a license.
Some of the major companies in the passenger vehicle acc radar market are Bosch, Denso, Fujitsu, Continental, Aptiv, ZF, Valeo, Hella, Veoneer, Nidec Elesys, NXP Semiconductors, Ainstein, Smartmicro.
The passenger vehicle acc radar market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger 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 Passenger Vehicle ACC Radar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger 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 Passenger 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 Passenger Vehicle ACC Radar Market Size & Forecast, 2018-2028
4.5.1 Passenger Vehicle ACC Radar Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicle ACC Radar Market Absolute $ Opportunity
Chapter 5 Global Passenger 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 Passenger 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 Passenger 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 Passenger Vehicle ACC Radar Market Size Forecast by Applications
6.2.1 Sedan
6.2.2 SUV
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger 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 Passenger 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 Passenger Vehicle ACC Radar Analysis and Forecast
9.1 Introduction
9.2 North America Passenger 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 Passenger 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 Passenger Vehicle ACC Radar Market Size Forecast by Applications
9.10.1 Sedan
9.10.2 SUV
9.10.3 Others
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 Passenger Vehicle ACC Radar Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger 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 Passenger 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 Passenger Vehicle ACC Radar Market Size Forecast by Applications
10.10.1 Sedan
10.10.2 SUV
10.10.3 Others
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 Passenger Vehicle ACC Radar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger 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 Passenger 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 Passenger Vehicle ACC Radar Market Size Forecast by Applications
11.10.1 Sedan
11.10.2 SUV
11.10.3 Others
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 Passenger Vehicle ACC Radar Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger 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 Passenger 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 Passenger Vehicle ACC Radar Market Size Forecast by Applications
12.10.1 Sedan
12.10.2 SUV
12.10.3 Others
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) Passenger Vehicle ACC Radar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger 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) Passenger 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) Passenger Vehicle ACC Radar Market Size Forecast by Applications
13.10.1 Sedan
13.10.2 SUV
13.10.3 Others
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 Passenger Vehicle ACC Radar Market: Competitive Dashboard
14.2 Global Passenger 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
