Global Adaptive Cruise Control Market 2014-2018 is the new research report available at ReportsnReports.com
Dallas, TX -- (SBWIRE) -- 12/26/2013 -- 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.
Analysts forecast the Global Adaptive Cruise Control market (http://www.reportsnreports.com/reports/271869-global-adaptive-cruise-control-market-2014-2018.html) to grow at a CAGR of 15.8 percent over the period 2014-2018. 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 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.
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The report recognizes the following companies as the key players in the Global Adaptive Cruise Control Market: Autoliv Inc., Continental AG, Delphi Automotive plc, Denso Corp., and Robert Bosch GmbH.
Other vehicle manufacturers mentioned in the report are Bentley Motors Ltd., Chrysler Group LLC. Jaguar Land Rover Ltd., Fiat S.p.A., Honda Motors Co., Hyundai Motor Co., Mercedes-Benz, Nissan Motor Co., PSA Peugeot Citroën, Porsche Automobil Holding SE, Subaru Motor Industry Co., Toyota Motor Corp., and AB Volvo.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?