Global Automotive ACC System Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Technology Radar, LIDAR, and sensor fusion Market Segments by Vehicle Type Large car, SUV and crossover, mid-size car, compact/MPV/pick-up Market Segments by End User OEM and aftermarket Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name ZF TRW Automotive Holdings Corporation, Delphi Automotive PLC, Continental AG, Robert Bosch GmbH, and Denso Corporation Trend Growth Rate and CAGR24.1% Key Industry Forecast The global automotive ACC system market is expected to reach an estimated $7.0 billion by 2022 and it is forecast to grow at a CAGR of 24.1% from 2017 to 2022 Key Industry Driver Driver: Increasing luxury and premium vehicle production, rising number of accidents, government initiatives to improve fuel efficiency and safety attributes, and consumer willingness to pay for comfort and safety.. 2

Industry Overview Market Size The global automotive ACC system market is expected to reach an estimated $7.0 billion by 2022 and it is forecast to grow at a CAGR of 24.1% from 2017 to 2022 Emerging trends, which have a direct impact on the dynamics of the industry, include the development of fusion sensor technology in ACC and the development of ACC with eHorizon. Market Size (2022)$7.0 billion CAGR ( )24.1% 3 Industry Performance : Forecast