Automotive Adaptive Cruise Control Market Report 2025

This Automotive Adaptive Cruise Control market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automotive adaptive cruise control market size has grown rapidly in recent years. It will grow from $22.87 billion in 2024 to $25.32 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to regulatory mandates, rise in passenger car sales, economic growth, government support.

The automotive adaptive cruise control market size is expected to see rapid growth in the next few years. It will grow to $37.98 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to increasing emphasis on vehicle safety, rising vehicle sales, rising connected vehicles, rising urbanization, rising disposable income. Major trends in the forecast period include enhanced sensor fusion, machine learning and ai integration, driver monitoring systems, long-range radar, cooperative adaptive cruise control (cacc).

The automotive adaptive cruise control market is anticipated to experience growth due to the increasing number of road accidents. These incidents, which result in injuries, are a significant concern and the adaptive cruise control system plays a vital role in mitigating accidents by leveraging technology to regulate vehicle speed and adjust to traffic conditions. In 2022, the Ministry of Road Transport and Highway reported 3.66k road accidents in India, leading to 13.17k fatalities and 3.48k injuries. This rise in road accidents is a driving force behind the growth of the automotive adaptive cruise control market.

The growing demand for electric vehicles is anticipated to drive the expansion of the automotive adaptive cruise control market in the future. Electric vehicles (EVs) are cars powered primarily or entirely by electricity stored in rechargeable batteries. Automotive adaptive cruise control is utilized in electric vehicles to deliver core advantages such as enhanced safety and driver convenience. It improves the overall experience of driving electric vehicles by making it safer, more efficient, and less frustrating. For example, a report published by Kelley Blue Book, a US-based Cox Automotive company, revealed that in January 2024, a record 1.2 million car buyers in the United States opted for electric vehicles in 2023, representing 7.6% of the total U.S. vehicle market, an increase from 5.9% in 2022. Thus, the rising demand for electric vehicles is fueling the growth of the automotive adaptive cruise control market.

Technological advancements are a significant trend gaining traction in the automotive adaptive cruise control market. Leading companies in this sector are concentrating on developing innovative technological solutions to bolster their market position. For example, in October 2023, Renesas, a semiconductor company based in Japan, introduced induction motor position sensing technology. This technology accurately identifies the rotor position in induction motors, optimizing performance for various applications, including electric vehicles and industrial automation. It typically uses sensors or advanced algorithms to measure parameters such as voltage and current waveforms, allowing for precise control of motor functions. By accurately ascertaining the rotor's position, this technology improves the efficiency and responsiveness of motor control systems, resulting in enhanced torque output, reduced energy consumption, and greater overall system reliability. Its application is especially crucial in advanced automotive systems, including electric drivetrains and adaptive cruise control.

Prominent enterprises within the automotive adaptive cruise control market are directing their efforts towards technological integration, exemplified by the adoption of iQ-Cruise technology, designed to enhance the driving experience. iQ-Cruise technology, an AI-powered adaptive cruise control system, stands as a solution that not only decreases fuel consumption but also significantly improves safety measures and driver satisfaction. An instance of this innovation occurred in April 2022, with the introduction of iQ-Cruise technology, a blend of AI and adaptive cruise control (ACC). This integration focuses on enhancing fuel efficiency, ensuring safety, and offering valuable driver alerts to maintain a stress-free and secure driving environment.

In June 2023, Magna International Inc., a US-based mobility technology company, concluded the acquisition of Veoneer Active Safety for an undisclosed amount. This strategic move is aimed at fortifying Magna's position within the market and expanding its product portfolio and customer base. Veoneer Active Safety, a Sweden-based automotive electronics safety systems provider, specializes in automotive adaptive cruise control systems, a valuable addition that aligns with Magna's objectives for market growth and innovation.

Major companies operating in the automotive adaptive cruise control market include Magna International Inc, Continental AG, Denso Corporation, Hitachi Automotive Systems Ltd., Robert Bosch GmbH, Valeo SA, Hyundai Motor Company, ZF Friedrichshafen AG, Mando Corporation, Nidec Elesys America Corporation, Velodyne Lidar, Knorr-Bremse AG, Eaton Corporation plc, ADVICS Co Ltd, Visteon Corporation, Autoliv Inc., Delphi Automotive LLP, WABCO Holdings Inc., TRW Automotive Holdings Corp., Hella KGaA Hueck & Co., Mobileye N.V., Gentex Corporation, Aptiv plc, Infineon Technologies AG, NXP Semiconductors N.V., Texas Instruments Inc., STMicroelectronics N.V., Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation, Maxim Integrated Products Inc., Melexis NV, Sensata Technologies Inc., TE Connectivity Ltd., Panasonic Corporation, Toshiba Corporation.

Automotive adaptive cruise control refers to sophisticated driver assistance systems that automatically modify a vehicle's speed to maintain a safe distance from the vehicle in front. This technology improves driving convenience by managing speed fluctuations and alleviating driver fatigue during extended trips.

Key components integral to automotive adaptive cruise control encompass LIN, CAN, ECU, MCU, and wire harness. LIN, or Local Interconnect Network, serves as an economical serial network connecting various car electronics. This technology caters to a range of vehicles, including passenger and commercial vehicles. Radar sensors and lidar sensors are the primary technologies employed. The system operates in two modes such as a standard adaptive cruise control system and a connected adaptive cruise control system, widely available through both OEM and aftermarket channels.

The automotive adaptive cruise control market research report is one of a series of new reports that provides automotive adaptive cruise control market statistics, including automotive adaptive cruise control industry global market size, regional shares, competitors with automotive adaptive cruise control market share, detailed automotive adaptive cruise control market segments, market trends and opportunities, and any further data you may need to thrive in the automotive adaptive cruise control industry. This automotive adaptive cruise control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

North America will be the largest region in the automotive adaptive cruise control market in 2024. The regions covered in this automotive adaptive cruise control market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the automotive adaptive cruise control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The automotive adaptor cruise control market consists of revenues earned by entities by providing automotive adaptor cruise control solutions such as blind-spot detection, emergency braking, emergency lane keeping, road hazard services, lane assistance systems, and lane keeping assist. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive adaptor cruise control market also includes sales of front radar sensors and multipurpose cameras. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this automotive adaptor cruise control market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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