ZF TRW Automotive Holdings Corporation, Delphi Automotive PLC, Continental AG, Robert Bosch GmbH, and Denso Corporation are the major ACC system suppliers in the global automotive ACC system market. The future of the global automotive ACC system market looks promising with opportunities in OEM and aftermarkets. Global Automotive ACC System Market Dynamics3. ACC system market is expected to reach an estimated $7.0 billion by 2022 and it is forecast to grow at a CAGR of 24.1% from 2017 to 2022. The global automotive The major drivers of growth for this market are increasing luxury and premium vehicle production, rising number of accidents, government initiatives to improve fuel efficiency and safety attributes, and consumer willingness to pay for comfort and safety.
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New Opportunities in the Transformation of the Global Automotive Market
Global Automotive Glass Fiber Composites Market Growth Opportunities Report 2017
Glass Fiber in the Global Automotive Market: Market Dynamics3. Within glass fiber market for automotive, sheet molding compound (SMC) and bulk molding compound (BMC), glass mat thermoplastic (GMT), short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), continuous fiber thermoplastic (CFT), phenolic molding compound (PMC) and others are the intermediate materials to manufacture automotive components. Automotive glass fiber composites companies profiled in this market report include Owens Corning, Jushi Group Co, CPIC, Johns Manville, and Lanxess. The future of global automotive glass fiber composites market looks good with opportunities in various applications such as exterior, interior, power train system/engine components, chassis system, electrical and electronics, under body system, and others. Glass fiber in the global automotive composites market is expected to reach an estimated $2.7 billion by 2022 and it is forecast to grow at a CAGR of 5.7% from 2017 to 2022.
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collected by :John Max