Global Adaptive Cruise Control Market 2014-2018

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Apr 18, 2014, 06:21 ET

DUBLIN, April 18, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/dcm7gz/global_adaptive) has announced the addition of the "Global Adaptive Cruise Control Market 2014-2018" report to their offering.

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The analysts forecast the Global Adaptive Cruise Control market to grow at a CAGR of 15.8 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increased adoption by tourist vehicles. The Global Adaptive Cruise Control market has also been witnessing the increased emphasis on price reduction. However, the increased complexity could pose a challenge to the growth of this market.

The report, the Global Adaptive Cruise Control Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Adaptive Cruise Control market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

One of the major trends in the Global Adaptive Cruise Control market is the growing focus on reducing the price in order to cater to the needs of low and mid-segment vehicle users. Hence, the market is expected to witness the increasing penetration of ACC systems in the Low-cost Cars segment in the coming years.

Suppliers such as Continental and Robert Bosch are working closely with OEMs to develop low-cost systems for the Medium-sized Cars and Compact Cars segments. This is because these are the segments that will help vendors attain economies of scale and reduce the price of ACC systems.

According to the report, one of the major factors driving the market is the increasing use of ACC systems in tourist vehicles and vehicles used for long journeys. ACC systems are highly beneficial on long journeys when a driver's reaction time can deteriorate due to fatigue.

Further, the report states that the main challenge faced by the market is the technological complexity of ACC systems, which makes it difficult to install them in existing vehicles.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Technological Outlook
07. Market Landscape
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis (ACC Manufacturers)
19. Key Vendor analysis (Vehicles using ACC)
20. Other Reports in this Series