Global Commercial Vehicle Cruise Control System Market 2017-2021

Global Commercial Vehicle Cruise Control System Market 2017-2021

  • November 2017 •
  • 67 pages •
  • Report ID: 5219322 •
  • Format: PDF
About Commercial Vehicle Cruise Control System

Cruise control system aims at providing assistance that spans over safety, comfort, and convenience for drivers of modern day automobiles. The motive of a conventional cruise control system is to provide the ability to maintain a constant speed of the vehicle. The driver should intervene when traffic, road, or weather conditions change and determine when it is safe to use the cruise control system or disengage. The conventional cruise control system has been in use in commercial vehicles for more than 30 years. Governments and public safety organizations continue to inspect the risks and benefits of using cruise control system.

Technavio’s analysts forecast the global commercial vehicle cruise control system market to grow at a CAGR of 5.89% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle cruise control system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Commercial Vehicle Cruise Control System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Delphi
• DENSO CORPORATION
• Robert Bosch
• Valeo

Other prominent vendors
• Autoliv
• WABCO
• ZF Friedrichshafen

Market driver
• Growing focus of OEMs on autonomous vehicles
• For a full, detailed list, view our report

Market challenge
• High costs associated with cruise control system
• For a full, detailed list, view our report

Market trend
• Growing number of fatalities leading to adoption of cruise control system
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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