Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.73 Billion | USD 10.14 Billion | 10.00% | 2024 |
FrequentlyAsked Questions
Adaptive cruise control is an advanced driver-assistance system that automatically adjusts a vehicle's speed to maintain a safe distance from the car ahead. Unlike other vehicles, ACC utilizes LiDAR, radar, or cameras to monitor traffic conditions and can adjust the vehicle's speed as needed.
The global adaptive cruise control market is projected to grow due to rising demand for advanced driver assistance systems, supportive government regulations for vehicle safety standards, and increasing disposable income and sales of luxury vehicles.
According to study, the global adaptive cruise control market size was worth around USD 4.73 billion in 2024 and is predicted to grow to around USD 10.14 billion by 2034.
The CAGR value of the adaptive cruise control market is expected to be approximately 10% from 2025 to 2034.
Technological advancements in LiDAR, radar, sensor fusion, and AI are enhancing the reliability, accuracy, and integration of ACC with autonomous driving systems, thereby fueling broader adoption.
Mandatory ADAS requirements, stringent government safety norms, and emission reduction policies are accelerating the adoption of ACC worldwide.
Asia Pacific is expected to lead the global adaptive cruise control market during the forecast period.
Pricing trends indicate a steady decline in ACC system prices due to improvements in sensor technology and economies of scale, resulting in increased accessibility in mid-range vehicles.
The key players profiled in the global adaptive cruise control market include Bosch, Continental AG, Denso Corporation, ZF Friedrichshafen AG, Valeo, Magna International, Autoliv Inc., Delphi Technologies, Hitachi Automotive Systems, WABCO Holdings Inc., Mando Corporation, Aptiv PLC, Hyundai Mobis, Renesas Electronics Corporation, and Texas Instruments Incorporated.
The report examines key aspects of the adaptive cruise control market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.
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