March 2025
Senior Research Analyst
Reviewed By
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.
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.
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 |
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.”
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.
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.
By Technology
Lidar
Radar
Laser
Ultrasonic
By Vehicle Type
By End-User
By Region
March 2025
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February 2025
January 2025
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.
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