Global Automotive Terrain Response System Market 2017-2021

Overview of the global automotive terrain response system market

According to the Technavio’s analyst, the global automotive terrain response system market is anticipated to grow rapidly and post a CAGR of more than 11% during the forecast period. The growing demand for driver assistance technologies in off-road vehicles will drive the growth prospects for the global automotive terrain response system market in the forthcoming years. Automotive terrain response or management system is not a standalone feature but a part of advanced driver assistance systems (ADAS) in automobiles. The increasing development of ADAS will surge the demand for automotive electronics systems including  hill descent control (HDC) systems and terrain response systems, which will boost market growth in the coming years.

The integration of vehicle connectivity with terrain management systems to enhance safety will drive the growth prospects for the global automotive terrain response system market until the end of 2021. Since the infotainment system stores the settings of different safety systems such as HDC and terrain management system in a log file by using cloud services, it allows another vehicle to post the same GPS coordinates and adjust its system settings to ensure safety.

Competitive landscape and key vendors

The global automotive terrain response system market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. Some of the major factors responsible for the growing competition in the market is the growing demand for premium and luxury SUVs in the international market. Furthermore, these vendors are increasingly investing in research and developmental activities to develop advanced features of a terrain response systems such as autonomous terrain profiling and all-terrain connected cars technologies.

Key vendors in this market are -

• Ford Motor Company
• Jeep
• Jaguar Land Rover
• Toyota Motor

Other prominent vendors in the market include Bentley Motors and Volkswagen.

Segmentation by OEMs and analysis of the automotive terrain response system market

• Jaguar land rover
• Ford motor company
• Jeep

The Ford Motor Company accounted for the maximum market share during 2016 and will continue to dominate the market during the next few years as well. Some of the major factors responsible for the market segment’s growth is the increasing demand and volume sales of pickup trucks and performance SUVs offered by the company.

Growth drivers, challenges, and upcoming trends: Development of autonomous terrain profiling and path sensing systems

Automakers are increasingly using technologies such as surface identification and 3D path sensing, terrain-based speed adaptation, overhead clearance assistance, and off-road connected convoy to predict the terrain on which the vehicle is being driven. These systems allow the vehicle to map the terrain ahead and analyze its impact on the vehicle and share the crucial riding parameters such as wheel slip, suspension height, and settings of the terrain response system.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global automotive terrain response system market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive terrain response system market?
• What are the key market trends impacting the growth of the global automotive terrain response system market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive terrain response system market?
• What are the market opportunities and threats faced by the vendors in the global automotive terrain response system market?
• What are the key outcomes of the five forces analysis of the global automotive terrain response system market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Automotive Airless Radial Tire Market 2017-2021
• Global Automotive Knee Airbag Systems Market 2017-2021
• Global Automotive Hill Descent Control Market 2016-2020

Developed mainly for high-end vehicles, the automotive terrain response system uses various electronic components such as traction control, stability control, and antilock brakes to enable riders to change the vehicle’s performance across various terrains for off-road use. To help clients have a competitive edge in this market space, the global market research firm Technavio provides a comprehensive collection of industry research reports on the various aspects of the automotive electronics sector. The market intelligence reports from Technavio also provide detailed information on several vendors of the automotive industry including suppliers such as Delphi, Denso, Magna, and Robert Bosch and original equipment manufacturers (OEMs) like Honda, Ford, Hyundai, Toyota, Fiat, GM, and Volkswagen.

To identify the industry’s growth prospects, research analysts at Technavio follow a mix of research techniques and consider factors like the demand for products across various geographical regions and the market size. With detailed information on various parameters and the optimal usage of analytical tools, our upcoming market research report on automotive terrain response system for the forecast period of 2017 to 2021 will help clients understand the constantly changing landscape for the automotive electronics sector.

This upcoming report on automotive terrain response system also considers the growth of the similar markets such as automotive hill descent control that is expected to grow at a CAGR of almost 7% during the period 2016 to 2020. Analysts predict that the rise in demand for high-end vehicles that result in aiding the growth of the automotive industry will increase the demand for terrain response systems since automotive manufacturers will soon start providing terrain response systems as a standard or optional fitment in the mid-level vehicles. To help businesses enhance their market positions, Technavio also offers to provide customized reports based on client requirements.

The upcoming industry research report for automotive terrain response system also identifies the key drivers, emerging trends, as well as the challenges currently experienced by the automotive electronics sector. It also presents insights into the changing competitive landscape to give you a realistic picture of the future direction of the automotive industry.