Automotive Adaptive Cruise Control Market Analysis

Vehicle Type (Passenger Vehicles, Commercial Vehicles)

The global automotive adaptive cruise control market is segmented and analyzed for demand and supply by vehicle type into passenger vehicles and commercial vehicles. Amongst these segments, the passenger vehicles segment is anticipated to garner the largest revenue by the end of 2037, backed by the growing demand for electric passenger cars worldwide, which use an actuator to control the throttle and help electric cars to continue cruising at the same speed. It was found that the number of battery-only electric passenger cars exceeded 1 million for the first time in the European Union in the year 2020. Unlike heavy-duty vehicles, passenger vehicles are used by people to travel. Therefore, safety is the first priority of these vehicles. The use of ACC in passenger vehicles improves safety and reduces the risk of danger. There are many sensors in the passenger cars, such as airflow, smoke, throttle position, oxygen, engine speed, temperature, parking sensors, and many more, that help for the proper functioning of ACC. All these sensors manage the condition of the air or vehicle to function properly.

Technology (Laser Sensors, Image Sensors, Infrared Sensors, Radar Sensors, Ultrasonic Sensors)

The global automotive adaptive cruise control market is also segmented and analyzed for demand and supply by technology into the laser, image, infrared, radar, and ultrasonic sensors. Amongst these segments, the radar sensor segment is expected to garner a significant share. These are used to avoid collisions, pedestrian and cyclist detection, and vision-based camera sensing functions. The radar sensors use radio frequencies to identify vehicles or objects that are near the vehicle. Radar sensors are a major part of the advanced driver assistance systems in vehicles. They help to detect traffic, seating position, motor control, comfort features, remind seatbelts, locate the vehicles and objects, and control emergency braking in an automotive vehicle. The radar sensor is mainly applied to reduce accidents and collision risks in automated vehicles. As per the estimations, in 2021, over 5,700,130 radar apparatuses are imported across the world increasing from 4,900,240 in the year 2020.

Our in-depth analysis of the global market includes the following segments: