Global Automotive Active Cornering System Market 2019-2023

Published: May 2019

Pages: 127

SKU: IRTNTR31354

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Some of the key findings from our automotive active cornering systems market forecast report are summarized below

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Global automotive active cornering system industry overview

Vendors and automotive manufacturers are investing in R&D to develop stability control systems with added functionalities. Toyota has already developed the E-Four system that increases the torque output to the electrically driven rear wheels, especially for its hybrid vehicles. The system optimally distributes torque to the rear wheels based on real-time driving conditions. Such developments in the torque vectoring systems will subsequently fuel the growth of the automotive active cornering system market over the forecast period.

NCAP ratings help customers have a better understanding of the safety features of the vehicle. Automobile manufacturers are developing more safer vehicles to pass NCAP crash tests with better ratings. The Euro NCAP gives high importance to vehicles that are equipped with electronic stability control (ESC) to prevent rollover accidents. Active cornering system is commonly offered as a function of ESC in vehicles. The increased emphasis on ESC in vehicles will increase the adoption of active cornering systems in vehicles. As a result of these factors, the global automobile active cornering systems market will grow at a CAGR of around 16% during 2019-2023.

Top automotive active cornering system companies covered in this market research report

The global automotive active cornering systems market is fairly concentrated. This research report provides a detailed analysis of the market’s competitive landscape and provides information on the products offered by various companies. Key insights provided by this global automotive active cornering systems market report will help companies create effective strategies to improve their revenue share.

The report offers a detailed analysis of several leading companies including:

Automotive active cornering systems market segmentation based on application

SUVs
Others

During the forecast period, automotive active cornering systems will be mostly used in SUVs. SUVs sold in countries such as the US, Canada, and Mexico have a high penetration of advanced driver assistance systems (ADAS) that includes safety features such as active cornering systems. This report provides an accurate prediction of the contribution of various segments to the growth of the global active cornering systems market size.

Automotive active cornering systems market segmentation based on geography

APAC
Europe
MEA
North America
South America

North America will provide maximum growth opportunities for companies in the active cornering systems market. The topography of the region comprising several mountain ranges and rocky terrains has increased the sale of pickup trucks, SUVs, and other recreational vehicles that come equipped with active cornering systems. This coupled with the growing competition among automakers in the region that has increased the adoption of various safety features including active cornering systems will contribute to the growth of the automotive active cornering market in North America.

Key highlights of the global automotive active cornering systems market report for the forecast period 2019-2023

CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the automotive active cornering systems market size during the next five years
Precise estimation of the global automotive active cornering systems market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the automotive active cornering systems industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details of factors that will challenge the growth of automotive active cornering system companies

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Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by application
Comparison by application
SUVs - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 11: MARKET TRENDS

Developments in automotive torque vectoring systems
Active safety systems driving developments in vehicle autonomy
Over-the-air (OTA) updates for ECUs

PART 12: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

PART 14: APPENDIX

Research methodology
List of abbreviations
Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

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What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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