Opportunities for the Automotive ACC System Market in the United States


Posted October 6, 2020 by hiteshchawra

Opportunities for the Automotive ACC System Market in the United States

 
"According to a new country report published by Lucintel, the future of the automotive ACC system market in the United States looks promising with opportunities in OEM and aftermarkets. The major drivers of growth for this market are 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. The automotive ACC system market in the United States is primarily driven by 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.

This report studies factors affecting the automotive ACC system market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that the sensor fusion and radar segments are expected to show above average growth during the forecast period. . Within the automotive ACC system market in the United States, the radar segment is expected to remain the largest market, as it is used in all types of weather and situations while LIDAR-based ACC systems do not detect and track vehicles in adverse weather conditions nor do they reliably track extremely dirty (non-reflective) vehicles, which would spur growth for this segment over the forecast period.

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.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive ACC system market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive ACC System Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive ACC system market in the United States by technology, vehicle type, and end user as follows:

By Technology ($ Million and Million Units from 2014 to 2025)
• Radar
• LIDAR
• Sensor Fusion

By Vehicle Type ($ Million and Million Units from 2014 to 2025)
• Large Car
• SUV and Crossover
• Mid-size Car
• Compact/MPV/Pick-up

By End User ($ Million and Million Units from 2014 to 2025)
• OEM
• Aftermarket

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-automotive-acc-system.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Issued By Hitesh
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Categories Aerospace , Architecture , Blogging
Last Updated October 6, 2020