Global Traffic Jam Assist Systems Market, Analysis & Forecast – 2017 to 2026, Focus on Level of Automation (Level 2 & 3) and Components (Automotive Cameras, Radars, and LiDARs)

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Report Description

The rising concerns regarding vehicle congestion on the civilian roads and highways along with an increasing number of car acciden

The rising concerns regarding vehicle congestion on the civilian roads and highways along with an increasing number of car accidents due to human error are the primary factors driving the demand for the traffic jam assist systems. With the efforts being made to make the driving experience a safer and more comfortable one, the consumers are looking towards the automated driving systems that may reduce the human effort put into driving, especially during certain unwanted scenarios. The market, in terms of value, generated $1,081.8 million in the year 2016, and is expected to grow at a rapid pace over the forecast period of 2017-2026. The research study is a compilation of various segmentations including the market breakdown by level of automation, component type, and different geographical regions.

This report provides a detailed market analysis and forecast with respect to the various component types used in the traffic jam assist systems, including cameras, radars, ultrasonic sensors, LiDARs and ECUs. Additionally, on the basis of the automation level, the traffic jam assist systems market has been segmented into level 2 and level 3 automation.

The report also includes an exhaustive analysis of the market on the basis of several geographical regions, namely North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Each geographical region analysis details the individual push and pull forces in addition to the key players from that particular region.

The report examines the role of the leading market players involved in the industry as well. The company profiles section includes the highlights of significant information about the key companies involved along with their financial positions, key strategies & developmental activities of the recent years (2014-2017) and the SWOT analysis of these players. Some of the key players in the traffic jam assists systems market are Continental AG (Germany), Robert Bosch GmbH (Germany), NVIDIA Corporation (the U.S.), Delphi Automotive PLC (the U.K), Denso Corporation (Japan), Infineon Technologies AG (Germany), and Mobileye N.V. (Israel).

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Key Question Answered in this Report

What is the market size of the global traffic jam assist systems in the terms of value from 2016-2026?

•    What is the market size of the global traffic jam assist systems in the terms of value from 2016-2026?
•    Which component type is dominating the global traffic jam assist systems market in terms of value?
•    What will be the revenue generated by the different automation levels in the global traffic jam assist systems market from 2016-2026?
•    Which region in the traffic jam assist systems market is expected to grow the fastest from 2016-2026?
•    What are the different factors driving the market forward during the forecast period?
•    What are the major factors challenging the growth of the global traffic jam assist systems market?
•    Which types of new strategies are being adopted by the existing market players to make a mark in the industry?
•    What was the market share of the leading manufacturers in the year 2016?

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Market Overview

The importance of safety in a vehicle is taking precedence over other factors involved in making the driving experience a better o

The importance of safety in a vehicle is taking precedence over other factors involved in making the driving experience a better one. An increase in the number of vehicles is leading to innumerable road accidents, primarily caused by human error. The industry is turning to the automated driving systems to provide a solution in order to minimize the human effort involved in driving, especially during certain situations. Increase in the traffic congestion is another major concern attributed to the increase in the number of vehicles. People all over the world, both living in the developed and developing countries, are facing the perils of wasting a significant number of hours driving on the roads at extremely slow speed. This, consequently, is increasing their level of exhaustion while driving. An intelligent and innovative solution to both these problems has been introduced in the form of the traffic jam assist systems.

The report defines and estimates the market size and future growth potential of the automotive traffic jam assist systems market during the forecast period (2017 to 2026). The global traffic jam assist systems market generated $1,081.8 million in 2016; the market currently is being driven by the need to find a solution to reduce the vehicle congestion on the roads. Additionally, introducing these systems on the civilian roads will help reduce accidents caused due to the human error. However, the factors such as the high cost associated with the technology and performance limitations of the components may affect the sales adversely. Furthermore, the apprehensions regarding the reliability of the autonomous driving systems may hinder the market growth. On the other hand, the automotive industry adapting to the new technologies with regard to the automated driving systems gives the prominent players a major opportunity to establish themselves in the market. The collaborations between the various component and automobile manufacturers are expected to contribute positively to the market as well.

Traffic jam assist systems can be categorized into level 2 and level 3 automation systems. At present, most systems launched in the market operate in level 2 automation. While the trend, through the forecast period, is expected to be similar, the number of cars equipped with level 3 traffic jam assist systems is estimated to increase significantly.

Traffic jam assist systems use various components including radars, cameras, Electronic Control Units (ECUs), ultrasonic sensors, and LiDAR units. Since the traffic jam assist systems have been commercialized recently, the market for components dedicated to these systems is yet to be completely developed. However, the market for all the components is expected to grow rapidly over the course of the forecast period, with the radar systems showing the maximum growth. This growth is attributed to the traffic jam systems requiring multiple radars to operate and the easy functioning of the radar systems. 

The report also covers the global traffic jam assist systems market by geography and consequently provides the revenue of the key regions which include North America, Europe, Asia-Pacific (APAC), Middle East & Africa, and South America. The presence of the highly developed road infrastructure and a greater acceptance rate have contributed to the early market dominance in the European and North American region. Further, the commercialization of the ADAS systems in other regions along with the increased government support is expected to play a key role in the growth of traffic jam assist systems market.

Some of the key players in the traffic jam assist systems market are Continental AG (Germany), Robert Bosch GmbH (Germany), NVIDIA Corporation (the U.S.), Delphi Automotive PLC (the U.K), Denso Corporation (Japan), Infineon Technologies AG (Germany), and Mobileye N.V. (Israel). These companies are aiming for a wider range of product portfolio and collaborations in order to enhance the performance and quality of the components of the autonomous systems.

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Table of Contents

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Executive Summary

1.1    Report Scope
1.2    Traffic Jam Assist Systems Market Research Methodology

2.1    Market Drivers
2.1.1    Increase in Traffic Congestion
2.1.2    Increase in Accidents Caused by Human Error
2.1.3    Impact of Market Drivers
2.2    Market Restraints
2.2.1    Higher Prices of TJA Systems
2.2.2    Skepticism Regarding the Technology
2.2.3    Performance Limitations of Components
2.2.4    Impact of Market Restraints
2.3    Market Opportunities
2.3.1    Collaborations between OEMs and Tier-1 Manufacturers
2.3.2    Introduction of New Players in the Market
2.3.3    Impact of Automation on Industries

3.1    Key Strategies and Developments
3.1.1    Product Launches
3.1.2    Mergers and Acquisitions
3.1.3    Partnerships, Collaborations & Joint Ventures
3.1.4    Others (Expansions, Awards, Milestones)
3.2    Strategic Benchmarking
3.3    Market Share Analysis

4.1    Demand Side Analysis
4.1.1    Impact on Driving Experience
4.1.2    Need for Different Strategies to ensure Competitiveness
4.1.3    Compliance with Government and Standardisation Agencies
4.2    Product Analysis
4.3    Supply Chain Analysis

5.1    Assumptions and Limitations for Market Size Calculations
5.2    Introduction
5.3    Level 2 (Partial Automation)
5.4    Level 3 (Conditional Automation)

6.1    Introduction
6.2    Automotive Cameras
6.3    Ultrasonic Sensors
6.4    Automotive Radars
6.4.1    Automotive Radars by Type
6.5    LiDAR
6.5.1    Automotive LiDARs by Type
6.6    Electronic Control Units (ECUs)

7.1    Introduction
7.2    North America
7.2.1    North America Traffic Jam Assist Systems Market by Component
7.2.2    North America Traffic Jam Assist Systems Market by Country
7.3    Europe
7.3.1    Europe Traffic Jam Assist Systems Market by Component
7.3.2    Europe Traffic Jam Assist Systems Market by Country
7.4    Asia Pacific (APAC)
7.4.1    APAC Traffic Jam Assist Systems Market, by Component
7.4.2    APAC Traffic Jam Assist Systems Market by Country
7.5    Rest of the World (RoW)
7.5.1    Rest of the World Traffic Jam Assist Systems Market, by Component
7.5.2    Rest of the World Traffic Jam Assist Systems Market by Region

8.1    Continental AG
8.1.1    Company Overview
8.1.1    Product Offerings
8.1.2    Financials
8.1.2.1    Financial Summary
8.1.3    SWOT Analysis
8.2    Delphi Automotive PLC
8.2.1    Company Overview
8.2.2    Product Offerings
8.2.3    Financials
8.2.3.1    Financial Summary
8.2.4    SWOT Analysis
8.3    DENSO Corporation
8.3.1    Company Overview
8.3.2    Product Portfolio
8.3.3    Financials
8.3.3.1    Financial Summary
8.3.4    SWOT Analysis
8.4    Infineon Technologies AG
8.4.1    Company Overview
8.4.2    Product Offerings
8.4.3    Financials
8.4.3.1    Financial Summary
8.4.4    SWOT Analysis
8.5    Magna International Inc.
8.5.1    Company Overview
8.5.2     Product Offerings
8.5.3    Clientele
8.5.4     Financial Overview
8.5.4.1    Financial Summary
8.5.5     SWOT Analysis
8.6    Mobileye N.V.
8.6.1    Company Overview
8.6.2    Product Offerings
8.6.3    Mobileye NV Clientele
8.6.4    Financials
8.6.4.1    Financial Summary
8.6.5    SWOT Analysis
8.7    NVIDIA Corporation
8.7.1    Company Overview
8.7.2    Product Offering
8.7.3    Financials
8.7.3.1    Financial Summary
8.7.4    SWOT Analysis
8.8    Robert Bosch GmbH
8.8.1    Company Overview
8.8.2    Product Offerings
8.8.3    Financials
8.8.3.1    Financial Summary
8.8.4    SWOT Analysis
8.9    Valeo Group
8.9.1    Company Overview
8.9.2    Product Offerings
8.9.3    Financials
8.9.3.1    Financial Summary
8.9.4    SWOT Analysis
8.10    ZF Friedrichshafen AG
8.10.1    Company Overview
8.10.2    Product Offerings
8.10.3    Financial Overview
8.10.3.1    Financial Summary
8.10.4    SWOT Analysis

Table 3.1    Key Product Launches
Table 3.2    Key Mergers and Acquisitions
Table 3.3    Key Partnerships/Collaborations/Joint Ventures
Table 3.4    Key Awards/Achievements/Events
Table 4.1    Product Analysis for TJA Systems
Table 4.2    TJA Systems in Developmental Phase
Table 5.1    Global Traffic Jam Assist Systems Market for Level 2 Autonomous  Vehicles, 2016-2026
Table 5.2    Global Traffic Jam Assist Systems Market for Level 3 Autonomous  Vehicles, 2016-2026
Table 6.1    Global TJA Camera Market by Level of Automation, 2016-2026
Table 6.2    Global TJA Camera Market by Type, 2016-2026
Table 6.3    Global TJA Ultrasonic Sensors Market by Level of Automation, 2016-2026
Table 6.4    Global TJA Radar Market by Level of Automation, 2016-2026
Table 6.5    Global TJA Radar Market by Type, 2016-2026
Table 6.6    Global TJA LiDAR Market by Level of Automation, 2016-2026
Table 6.7    Global TJA LiDAR Market by Type, 2016-2026
Table 6.8    Global TJA ECU Market by Level of Automation, 2016-2026
Table 7.1    Global TJA Systems Market Value by Region, 2016-2026
Table 7.2    North America TJA Systems Market by Component, 2016-2026
Table 7.3    North America Traffic Jam Assist Systems Market by Country, 2016-2026
Table 7.4    Europe Traffic Jam Assist Systems Market by Component, 2016-2026
Table 7.5    Europe TJA Systems Market by Country, 2016-2026
Table 7.6    APAC TJA Systems Market by Component, 2016-2026
Table 7.7    APAC TJA Systems Market by Country, 2016-2026
Table 7.8    Rest of the World TJA Systems Market by Component, 2016-2026
Table 7.9    Rest of the Worlds TJA Systems Market by Region, 2016-2026

Figure 1    Technology Timeline for ADAS Features
Figure 2    Global Traffic Jam Assist System Market Snapshot
Figure 3    Global Traffic Jam Assist Systems Market, by Component, 2016 & 2026 ($Million)
Figure 4    Global Traffic Jam Assist Market Share by Level of Automation, 2016 & 2026
Figure 5    Global Traffic Jam Assist Systems Market, by Region
Figure 1.1    Global Traffic Jam Assist Systems Market Scope
Figure 1.2    Secondary Data Sources
Figure 1.3    Top Down and Bottom Up Approach
Figure 1.4    Traffic Jam Assist Systems Market Influencing Factors
Figure 1.5    Assumptions and Limitations
Figure 2.1    Global Automotive Traffic Jam Assist Systems Market Dynamics
Figure 2.2    Human Errors as the Cause of Accidents
Figure 2.3    Impact of Market Drivers
Figure 2.4    Impact of Market Restraints
Figure 3.1    Organic & Inorganic Strategies Adopted by the Key Players
Figure 3.2    Strategic Benchmarking Snapshot for Traffic Jam Assist Systems Market
Figure 3.3    Market Share Analysis: Global Traffic Jam Assist Systems Market (%)
Figure 4.1    Sales of Luxury Vehicles with Level 2 Automation
Figure 4.2    Supply Chain of Traffic Jam Assist Systems Market
Figure 5.1    SAE Classification for Different Level of Automations in Vehicles
Figure 5.2    Global Traffic Jam Assist Systems Market, 2016-2026 ($Million)
Figure 5.3    Level 2 Autonomous Vehicles Equipped with Traffic Jam Assist Systems
Figure 5.4    Global Traffic Jam Assist Systems Market Snapshot for Level 2 Autonomous Vehicles
Figure 5.5    Level 3 Autonomous Vehicles Equipped with Traffic Jam Assist Systems
Figure 5.6    Global Traffic Jam Assist Systems Market Snapshot for Level 3  Autonomous Vehicles
Figure 6.1    Global Traffic Jam Assist Systems Market by Component
Figure 6.2    Global TJA Cameras Market Snapshot, 2016 & 2026
Figure 6.3    Global TJA Ultrasonic Sensors Market Snapshot, 2016 & 2026
Figure 6.4    Global TJA Radar Market Snapshot, 2016 & 2026
Figure 6.5    Global TJA Radar Market by Type, 2016 & 2026
Figure 6.6    Global TJA LiDAR Market Snapshot, 2016 & 2026
Figure 6.7    Global TJA ECU Market Snapshot, 2016 & 2026
Figure 7.1    Global TJA Systems Market Growth Snapshot by Country
Figure 7.2    Global TJA Systems Market Snapshot by Region ($Million)
Figure 7.3    Global TJA Systems Market Share (%) by Region, 2016 & 2026
Figure 7.4    North America: TJA Market by Component, 2016 & 2026
Figure 7.5    North America Traffic Jam Assist Systems Market
Figure 7.6    Europe Traffic Jam Assist Systems Market by Component
Figure 7.7    Europe TJA Systems Market, by Country
Figure 7.8    APAC Traffic Jam Assist Systems Market, by Component
Figure 7.9    APAC TJA Systems Market, by Country
Figure 7.10    Rest of the World TJA Systems Market by Component
Figure 7.11    Rest of the Worlds TJA Systems Market, by Region
Figure 8.1    Continental AG: Product Offerings
Figure 8.2    Continental AG: Overall Financials, 2014-2016
Figure 8.3    Continental AG: Net Revenue by Region, 2014-2016
Figure 8.4    Continental AG: Net Revenue by Business Segment, 2014-2016
Figure 8.5    Continental AG: SWOT Analysis
Figure 8.6    Delphi Automotive PLC: Product Offerings
Figure 8.7    Delphi Automotive PLC: Overall Revenue Mix, 2014-2016
Figure 8.8    Delphi Automotive PLC: Net Revenue by Region, 2014-2016
Figure 8.9    Delphi Automotive PLC: Net Revenue by Business Segment, 2014-2016
Figure 8.10    Delphi Automotive PLC: Business Segment Share, 2016
Figure 8.11    Delphi Automotive PLC: Clientele Share, 2016
Figure 8.12    Delphi Automotive PLC: SWOT Analysis
Figure 8.13    Denso Corporation: Product Offerings
Figure 8.14    Denso Corporation: Overall Financials, 2014-2016
Figure 8.15    Denso Corporation: Net Revenue by Region, 2014-2016
Figure 8.16    Denso Corporation: Net Revenue by Business Segment, 2014-2016
Figure 8.17    Denso Corporation: Business Segment Revenue Share, 2016
Figure 8.18    Denso Corporation: SWOT Analysis
Figure 8.19    Infineon Technologies AG: Product Offerings
Figure 8.20    Infineon Technologies Inc.: Overall Financials: 2014-2016
Figure 8.21    Infineon Technologies Inc.: Net Revenue by Business Segment, 2014-2016
Figure 8.22    Infineon Technologies Inc.: Net Revenue by Region, 2014-2016
Figure 8.23    Infineon Technologies: SWOT Analysis
Figure 8.24    Magna International: Product Offerings
Figure 8.25    Magna International Inc.: Clientele 2016
Figure 8.26    Magna International Inc.: Overall Financials 2014-2016
Figure 8.27    Magna International Inc.: Geographic Revenue Mix, 2014-2016
Figure 8.28    Magna International Inc.: Geographic Revenue for Europe 2014-2016
Figure 8.29    Magna International Inc.: Geographic Revenue for North America 2014-2016
Figure 8.30    Magna International Inc.: Business Segment Revenue Mix 2014-2016
Figure 8.31    Magna International Inc.: Customers Share 2016
Figure 8.32    Magna International Inc.: SWOT Analysis
Figure 8.33    Mobileye N.V. – Product Offerings
Figure 8.34    Mobileye N.V.: Overall Financials, 2014-2016
Figure 8.35    Mobileye N.V.: Business Segment Revenue Mix, 2014-2016
Figure 8.36    Mobileye N.V.: OEM Customer Share Mix, 2016
Figure 8.37    Mobileye N.V.: SWOT Analysis
Figure 8.38    NVIDIA Corporation: Product Offerings
Figure 8.39    NVIDIA Corporation: Overall Financials, 2014-2016
Figure 8.40    NVIDIA Corporation: Net Revenue by Business Segments, 2014-2016
Figure 8.41    NVIDIA Corporation: Net Revenue by Business Segments, 2014-2016
Figure 8.42    NVIDIA Corporation: SWOT Analysis
Figure 8.43    Robert Bosch GmbH: Product Offerings
Figure 8.44    Robert Bosch GmbH: Overall Financials, 2014-2016
Figure 8.45    Robert Bosch GmbH: Net Revenue by Region, 2014-2016
Figure 8.46    Robert Bosch GmbH: Net Revenue by Business Segments, 2014-2016
Figure 8.47    Robert Bosch GmbH: Business Segment Share 2016 (%)
Figure 8.48    Robert Bosch GmbH: SWOT Analysis
Figure 8.49    Valeo Group: Product Offerings
Figure 8.50    Valeo Group: Overall Financials, 2014-2016
Figure 8.51    Valeo Group: Net Revenue by Business Segment, 2014-2016
Figure 8.52    Valeo Group: Net Revenue by Region, 2014-2016
Figure 8.53    Valeo Group: SWOT Analysis
Figure 8.54    ZF Friedrichshafen AG: Product Offerings
Figure 8.55    ZF Friedrichshafen AG: Overall Financials 2014-2016
Figure 8.56    ZF Friedrichshafen AG: Net Revenue by Region, 2014-2016
Figure 8.57    ZF Friedrichshafen AG: Net Revenue by Region, 2016 (%)
Figure 8.58    ZF Friedrichshafen AG: Net Revenue by Business Segment, 2014-2016
Figure 8.59    ZF Friedrichshafen AG: SWOT Analysis

Key Question Answered in this Report

•    What is the market size of the global traffic jam assist systems in the terms of value from 2016-2026?
•    Which component type is dominating the global traffic jam assist systems market in terms of value?
•    What will be the revenue generated by the different automation levels in the global traffic jam assist systems market from 2016-2026?
•    Which region in the traffic jam assist systems market is expected to grow the fastest from 2016-2026?
•    What are the different factors driving the market forward during the forecast period?
•    What are the major factors challenging the growth of the global traffic jam assist systems market?
•    Which types of new strategies are being adopted by the existing market players to make a mark in the industry?
•    What was the market share of the leading manufacturers in the year 2016?

Report Description

The rising concerns regarding vehicle congestion on the civilian roads and highways along with an increasing number of car accidents due to human error are the primary factors driving the demand for the traffic jam assist systems. With the efforts being made to make the driving experience a safer and more comfortable one, the consumers are looking towards the automated driving systems that may reduce the human effort put into driving, especially during certain unwanted scenarios. The market, in terms of value, generated $1,081.8 million in the year 2016, and is expected to grow at a rapid pace over the forecast period of 2017-2026. The research study is a compilation of various segmentations including the market breakdown by level of automation, component type, and different geographical regions.

This report provides a detailed market analysis and forecast with respect to the various component types used in the traffic jam assist systems, including cameras, radars, ultrasonic sensors, LiDARs and ECUs. Additionally, on the basis of the automation level, the traffic jam assist systems market has been segmented into level 2 and level 3 automation.

The report also includes an exhaustive analysis of the market on the basis of several geographical regions, namely North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Each geographical region analysis details the individual push and pull forces in addition to the key players from that particular region.

The report examines the role of the leading market players involved in the industry as well. The company profiles section includes the highlights of significant information about the key companies involved along with their financial positions, key strategies & developmental activities of the recent years (2014-2017) and the SWOT analysis of these players. Some of the key players in the traffic jam assists systems market are Continental AG (Germany), Robert Bosch GmbH (Germany), NVIDIA Corporation (the U.S.), Delphi Automotive PLC (the U.K), Denso Corporation (Japan), Infineon Technologies AG (Germany), and Mobileye N.V. (Israel).

Market Overview

The importance of safety in a vehicle is taking precedence over other factors involved in making the driving experience a better one. An increase in the number of vehicles is leading to innumerable road accidents, primarily caused by human error. The industry is turning to the automated driving systems to provide a solution in order to minimize the human effort involved in driving, especially during certain situations. Increase in the traffic congestion is another major concern attributed to the increase in the number of vehicles. People all over the world, both living in the developed and developing countries, are facing the perils of wasting a significant number of hours driving on the roads at extremely slow speed. This, consequently, is increasing their level of exhaustion while driving. An intelligent and innovative solution to both these problems has been introduced in the form of the traffic jam assist systems.

The report defines and estimates the market size and future growth potential of the automotive traffic jam assist systems market during the forecast period (2017 to 2026). The global traffic jam assist systems market generated $1,081.8 million in 2016; the market currently is being driven by the need to find a solution to reduce the vehicle congestion on the roads. Additionally, introducing these systems on the civilian roads will help reduce accidents caused due to the human error. However, the factors such as the high cost associated with the technology and performance limitations of the components may affect the sales adversely. Furthermore, the apprehensions regarding the reliability of the autonomous driving systems may hinder the market growth. On the other hand, the automotive industry adapting to the new technologies with regard to the automated driving systems gives the prominent players a major opportunity to establish themselves in the market. The collaborations between the various component and automobile manufacturers are expected to contribute positively to the market as well.

Traffic jam assist systems can be categorized into level 2 and level 3 automation systems. At present, most systems launched in the market operate in level 2 automation. While the trend, through the forecast period, is expected to be similar, the number of cars equipped with level 3 traffic jam assist systems is estimated to increase significantly.

Traffic jam assist systems use various components including radars, cameras, Electronic Control Units (ECUs), ultrasonic sensors, and LiDAR units. Since the traffic jam assist systems have been commercialized recently, the market for components dedicated to these systems is yet to be completely developed. However, the market for all the components is expected to grow rapidly over the course of the forecast period, with the radar systems showing the maximum growth. This growth is attributed to the traffic jam systems requiring multiple radars to operate and the easy functioning of the radar systems. 

The report also covers the global traffic jam assist systems market by geography and consequently provides the revenue of the key regions which include North America, Europe, Asia-Pacific (APAC), Middle East & Africa, and South America. The presence of the highly developed road infrastructure and a greater acceptance rate have contributed to the early market dominance in the European and North American region. Further, the commercialization of the ADAS systems in other regions along with the increased government support is expected to play a key role in the growth of traffic jam assist systems market.

Some of the key players in the traffic jam assist systems market are Continental AG (Germany), Robert Bosch GmbH (Germany), NVIDIA Corporation (the U.S.), Delphi Automotive PLC (the U.K), Denso Corporation (Japan), Infineon Technologies AG (Germany), and Mobileye N.V. (Israel). These companies are aiming for a wider range of product portfolio and collaborations in order to enhance the performance and quality of the components of the autonomous systems.

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Global Traffic Jam Assist Systems Market, Analysis & Forecast – 2017 to 2026, Focus on Level of Automation (Level 2 & 3) and Components (Automotive Cameras, Radars, and LiDARs)

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