Adaptive Cruise Control Market Booms $5.74 Bn by 2034

Adaptive Cruise Control Market Outlook Scenario Planning & Strategic Insights for 2034

According to market projections, the global adaptive cruise control market, valued at USD 3.70 billion in 2024, is anticipated to reach USD 5.74 billion by 2034, growing at a CAGR of 4.49% over the next decade. North America dominates the adaptive cruise control market, driven by major automotive companies, while Asia Pacific is set for strong growth with rising luxury car demand. Radar sensors lead due to their role in motion detection and automation, and passenger cars drive market expansion with increasing global sales.

Last Updated: 28 March 2025 Category: Automotive Components Insight Code: 1674 Format: PDF / PPT / Excel

Senior Research Analyst

Dr. Arjun Patel

Reviewed By

Aditi Shivarkar

Adaptive Cruise Control Market Demand, Key Players and Regional Analysis

The adaptive cruise control market is set to grow from USD 3.87 billion in 2025 to USD 5.74 billion by 2034, with an expected CAGR of 4.49% over the forecast period from 2025 to 2034.

Adaptive Cruise Control Market Size 2023 - 2034

Introduction

The adaptive cruise control market is a crucial branch of the automotive components industry. This industry deals in development and distribution of adaptive cruise control systems across the world. There are various types of ACC systems available in the market consisting of standalone ACC systems and integrated ACC systems. These systems are composed of different types of sensors including ultrasonic sensors, LiDAR sensors, Radar sensors, Camera sensors, infrared sensors, pressure sensors and some others. It finds application in several types of vehicles comprising of passenger cars and commercial vehicles. The rising demand for electric vehicles in different parts of the world is crucial for the market expansion. This industry is predicted to rise significantly with the growth of the ADAS sector in different parts of the globe.

Europe EV Sales in Million (2020-24)

  • According to the International Energy Agency, around 1.4 million EVs were sold in Europe in 2020 that increased to 3.4 million in 2024.

Highlights of the Adaptive Cruise Control Market

  • North America held the largest share of the adaptive cruise control market due to the presence of various automotive companies in this region.
  • Asia Pacific is expected to grow with a significant CAGR due to the growing demand for luxury cars in this region.
  • The radar sensors segment held the largest share of the market due to its application in motion detection, industrial automation, collision avoidance and others.
  • The passenger car segment led the industry due to the increasing sales of passenger cars around the world.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 3.70 Billion
Projected Market Size in 2034 USD 5.74 Billion
CAGR (2025 - 2034) 4.49%
Leading Region North America
Market Segmentation By Technology, By Vehicle Type, By End-User and By Region
Top Key Players Rhodius GmbH, Tokia Rika, ZF, Infineon Technologies AG, Sumitomo Electric Industries Ltd

Adaptive Cruise Control: Stats & Figures

  • According to the India Brand Equity Foundation, around 8528 luxury cars of Mercedes-Benz were sold between January and June of 2025 in India.
  • According to the European Federation for Transport and Environment, around 1123741 SUVs were sold in UK during 2023.
  • According to the Marklines, around 17079 cars of BMW were sold in Germany during 2025.
  • According to the IJERT, the global ADAS industry is expected to be valued at US$ 74.9 billion in 2030.

Industry Leader Announcement

In November 2024, Rakesh Kher, the CEO of Aftermarket Division at Uno Minda Ltd made an announcement stating that,” At Uno Minda, we are committed to providing our consumers with the best of technology products in the aftermarket, to empower them with improved safety measures while driving. We recognize that road collisions can result in significant losses and therefore with our all new DVR 2.0, we are introducing vital features such as Lane Departure Warning and Forward Vehicle Too Close Alert, designed to help drivers navigate potential dangers and ensure their safety on the road. The new DVR 2.0 by Uno Minda features a high-resolution lens that captures every moment in impressive 1080p clarity, ensuring no detail goes unnoticed. Its versatile design supports expandable storage with SD cards of up to 128 GB, providing ample recording capacity. Operating at just 0.2 watts, the DVR 2.0 is efficient enough to function without draining your vehicle’s battery. With a wide-angle 170-degree lens, it offers a broad view of your surroundings. The loop recording feature automatically overwrites old footage, so you’ll never run out of storage space. Additionally, the device connects seamlessly to Android infotainment devices via USB and comes with a dedicated app preloaded in its flash memory. This innovative device not only records your journey but also displays essential driving information directly on your Android devices, elevating your driving experience. We are also proud to offer this product at an affordable price.”

Geographical Insights

North America held the largest share of the adaptive cruise control market. The growing trend of luxury cars among the people has boosted the industrial expansion. Also, the rising government initiatives to enhance safety in vehicles along with technological advancements in automotive sector has shaped the industry in a positive direction. Moreover, the presence of several automotive brands such as Tesla, Rivian, Ford, Chevrolet and some others is expected to drive the growth of the adaptive cruise control market in this region.

Competitive Landscape

Adaptive Cruise Control Market Companies

The adaptive cruise control market is a highly competitive industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Rhodius GmbH, Tokia Rika, ZF, Infineon Technologies AG, Sumitomo Electric Industries Ltd., and some others. These companies are constantly engaged in developing ACC systems and adopting numerous strategies to maintain their dominance in this industry.

Tokai Rika Revenue in Million Yen (2023-24)

  • According to the annual report of Tokai Rika, the revenue of the company in 2023 was 553124 million yen that increased to 623558 million yen in 2024.

Market Segmentations

By Technology

Lidar

Radar

Laser

Ultrasonic

By Vehicle Type

  • Passenger car
  • Commercial Vehicle

By End-User

  • OEM
  • Aftermarket

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The adaptive cruise control market was valued at USD 3.87 billion in 2025.

North America dominated this industry.

The rising demand for safety features in vehicles along with increasing trend of autonomous vehicles has boosted the market growth.

Some of the prominent players of this industry consists of ZF, Infineon Technologies AG, Rhodius GmbH, Tokia Rika, Sumitomo Electric Industries Ltd., Ashimory Industry, Telamon and some others.

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