DUBLIN—Research and Markets has announced the addition of the "Europe Adaptive Cruise Control (ACC) Market (2016-2022)" report to their offering.
The Europe adaptive cruise control market is bifurcated based on technology, by geography, by type of end user, and by product sales. Ultrasonic, image, radar and LIDAR are the major types of technologies available for the adaptive cruise control industry. In 2015, laser technology dominated the Europe adaptive cruise control market with maximum share in terms of revenue. LIDAR technology on the other hand would register fastest growth during the forecast period (2016-2022).
Europe went through an economic decline in the year 2009. It upset several industries within Europe and the neighboring regions. It is currently in its recovery phase. The Automotive ACC System market is expected to attain a stable rate of growth in the period under study.
At present, Europe is the main market for Automotive ACC systems. It is also abode to several automotive ACC system suppliers namely, Continental AG (Germany) and Robert Bosch (Germany). Europe is the leading revenue generating region for overall ACC Market.
Upcoming stringent safety regulations would impel the ACC systems market in Europe. Such regulation would call for car manufacturers to embrace some active safety measures on their vehicle to acquire 5 star rating from New Car Assessment Program (NCAP). This is an independent safety scoring organization. In 2014 Europe NCAP doubled its active weighting to 20% in its scorecard.
It is expected that by 2017, the safety scoring system would become all the more stringent. The active safety technology will be the default essential for a 4 star rating.
The report covers the analysis of key stake holders of the ACC market. Key companies profiled in the report include Autoliv Inc., Robert Bosch GmbH, Delphi Automotive Plc., Denso Corporation, Valeo S.A, Continental AG, Magna International Inc., Mando Corporation and Hyundai Mobis Co., Ltd.
Key Topics Covered:
1. Market Scope & Methodology
2. Executive Summary
3. Market Overview
3.1 Introduction
3.2 Driver for Adaptive Cruise Control Market
3.2.1 Increasing number of road accidents
3.2.2 Increasing disposable income and adoption of high end cars
3.2.3 Advancement in research and technology
3.2.4 Safety awareness
3.3 Restraints for Adaptive Cruise Control Market
3.3.1 High capital expenditure by manufacturers
3.3.2 Climatic Barriers
3.4 Opportunity for Adaptive Cruise Control Market
3.4.1 Huge Unexplored Europe Market
4. Europe Adaptive Cruise Control Market By Technology
4.1 Introduction
4.1.1 Ultrasonic Sensors
4.1.2 Image Sensors
4.1.3 Radar Sensors
4.1.4 LIDAR Sensors
5. Europe ACC Market by Product Sales
6. Europe Adaptive Cruise Control Market By End User
7. Adaptive Cruise Control Market by Country
8. Company Profiles
- Autoliv Inc.
- Robert Bosch GmbH
- Delphi Automotive Plc.
- Denso Corporation
- Valeo S.A
- Continental AG
- Magna International Inc.
- Mando Corporation
- Hyundai Mobis Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/ntnqlp/europe_adaptive
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Sector: Automotive Safety
