PUBLISHER: IMARC | PRODUCT CODE: 1422833
PUBLISHER: IMARC | PRODUCT CODE: 1422833
Traffic Jam Assist Market Report by Automation, Component, Method, and Region 2024-2032
Abstract
The global traffic jam assist market size reached US$ 3.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2032, exhibiting a growth rate (CAGR) of 10.83% during 2024-2032. The implementation of various government initiatives to enhance road safety, rising expenditure capacities of consumers, and increasing safety awareness represent some of the key factors driving the market.
Traffic jam assist (TJA) is an advanced driver assistance system that is designed to continuously measure the speed of the surrounding vehicle and help the driver in heavy congestion traffic situations. It consists of an adaptive cruise control system, auto-go capability, lane-keeping assist system, and vehicle cameras to avoid rear-end collisions in dense traffic conditions and traffic jams. TJA autonomously accelerate and brake in low-speed traffic, all while remaining in the lane and maintaining a safe distance from the vehicles ahead. It allows vehicles to automatically take over driving, acceleration, braking, and steering within the same lane and assist in preventing collisions. TJA is a safe system that helps to mitigate fatigue associated with stop-and-go commuting.
Traffic Jam Assist Market Trends:
An increasing number of road accidents and rising safety awareness across the globe is one of the key factors driving the market growth. TJA is an adaptive cruise control system that accelerates and brakes in low-speed traffic, while remaining in-lane and maintaining a safe distance from the car in front. In line with this, the widespread adoption of active safety systems in passenger and commercial vehicles, such as adaptive cruise control and lane keep systems to enhance safety while driving, is acting as another growth-inducing factor. Moreover, the shifting preference among the masses for driver assistance systems (DAS) coupled with mandatory installation of DAS owing to government safety regulations is favoring the market growth. Apart from this, the integration of artificial intelligence (AI) to allow the detection of heavy and light vehicles as well as pedestrians are providing an impetus to the market growth. Additionally, the introduction of a combination of cameras and radar systems to maintain a safe, set distance from vehicles and the utilization of lane keeping system to keep the car centered within its lane is propelling the market growth. Furthermore, the increasing demand for luxury vehicles and the rising preference for technologically advanced cars due to their easy driving experience is positively influencing the market growth. Other factors, including rising expenditure capacities of consumers, extensive research and development (R&D) activities, widespread adoption of active safety systems in passenger and commercial vehicles, and the implementation of various government initiatives to enhance road safety, are anticipated to drive the market growth further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global traffic jam assist market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on automation, component, and method.
Automation Insights:
Level 2
Level 3
The report has provided a detailed breakup and analysis of the traffic jam assist market based on automation. This includes levels 2 and 3. According to the report, level 3 represented the largest segment.
Component Insights:
Automotive Cameras
Ultrasonic Sensors
RADAR
LiDAR
ECUs
The report has provided a detailed breakup and analysis of the traffic jam assist market based on the component. This includes automotive cameras, ultrasonic sensors, RADAR, LiDAR, and ECUs. According to the report, RADAR represented the largest segment.
Method Insights:
Lane Tracking System
Vehicle Detection and Collision Avoidance System
Auto Steering and Speed Control System
Others
The report has provided a detailed breakup and analysis of the traffic jam assist market based on the method. This includes lane tracking, vehicle detection and collision avoidance, auto steering and speed control systems and others. According to the report, vehicle detection and collision avoidance represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for traffic jam assist. Some of the factors driving the North America traffic jam assist market included extensive research and development (R&D) activities, the widespread adoption of active safety systems in passenger and commercial vehicles, and the implementation of various government initiatives.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global traffic jam assist market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Audi AG (Volkswagen AG), Continental AG, Mobileye Global Inc. (Intel Corporation), Robert Bosch GmbH, Valeo, ZF Friedrichshafen AG, etc.
Key Questions Answered in This Report
- 1. How big is the global traffic jam assist market?
- 2. What is the expected growth rate of the global traffic jam assist market during 2024-2032?
- 3. What are the key factors driving the global traffic jam assist market?
- 4. What has been the impact of COVID-19 on the global traffic jam assist market?
- 5. What is the breakup of the global traffic jam assist market based on the automation?
- 6. What is the breakup of the global traffic jam assist market based on the component?
- 7. What is the breakup of the global traffic jam assist market based on the method?
- 8. What are the key regions in the global traffic jam assist market?
- 9. Who are the key players/companies in the global traffic jam assist market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Traffic Jam Assist Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Level of Automation
- 6.1 Level 2
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Level 3
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Component
- 7.1 Automotive Cameras
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Ultrasonic Sensors
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 RADAR
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 LiDAR
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 ECUs
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Method
- 8.1 Lane Tracking System
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Vehicle Detection and Collision Avoidance System
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Auto Steering and Speed Control System
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Audi AG (Volkswagen AG)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Continental AG
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Mobileye Global Inc. (Intel Corporation)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Robert Bosch GmbH
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 SWOT Analysis
- 14.3.5 Valeo
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 ZF Friedrichshafen AG
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 SWOT Analysis
- 14.3.1 Audi AG (Volkswagen AG)
List of Figures
- Figure 1: Global: Traffic Jam Assist Market: Major Drivers and Challenges
- Figure 2: Global: Traffic Jam Assist Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Traffic Jam Assist Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Traffic Jam Assist Market: Breakup by Level of Automation (in %), 2023
- Figure 5: Global: Traffic Jam Assist Market: Breakup by Component (in %), 2023
- Figure 6: Global: Traffic Jam Assist Market: Breakup by Method (in %), 2023
- Figure 7: Global: Traffic Jam Assist Market: Breakup by Region (in %), 2023
- Figure 8: Global: Traffic Jam Assist (Level 2) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Traffic Jam Assist (Level 2) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Traffic Jam Assist (Level 3) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Traffic Jam Assist (Level 3) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Traffic Jam Assist (Automotive Cameras) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Traffic Jam Assist (Automotive Cameras) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Traffic Jam Assist (Ultrasonic Sensors) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Traffic Jam Assist (Ultrasonic Sensors) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Traffic Jam Assist (RADAR) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Traffic Jam Assist (RADAR) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Traffic Jam Assist (LiDAR) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Traffic Jam Assist (LiDAR) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Traffic Jam Assist (ECUs) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Traffic Jam Assist (ECUs) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Traffic Jam Assist (Lane Tracking System) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Traffic Jam Assist (Lane Tracking System) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Traffic Jam Assist (Vehicle Detection and Collision Avoidance System) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Traffic Jam Assist (Vehicle Detection and Collision Avoidance System) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Traffic Jam Assist (Auto Steering and Speed Control System) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Traffic Jam Assist (Auto Steering and Speed Control System) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Traffic Jam Assist (Other Methods) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Traffic Jam Assist (Other Methods) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: North America: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: North America: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: United States: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: United States: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Canada: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Canada: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Asia-Pacific: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Asia-Pacific: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: China: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: China: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Japan: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Japan: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: India: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: India: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: South Korea: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: South Korea: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Australia: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Australia: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Indonesia: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Indonesia: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Others: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Others: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Europe: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Europe: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Germany: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Germany: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: France: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: France: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: United Kingdom: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: United Kingdom: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Italy: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Italy: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Spain: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Spain: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Russia: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Russia: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Others: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Others: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Latin America: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Latin America: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Brazil: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Brazil: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Mexico: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Mexico: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Middle East and Africa: Traffic Jam Assist Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Middle East and Africa: Traffic Jam Assist Market: Breakup by Country (in %), 2023
- Figure 78: Middle East and Africa: Traffic Jam Assist Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Global: Traffic Jam Assist Industry: Drivers, Restraints, and Opportunities
- Figure 80: Global: Traffic Jam Assist Industry: Value Chain Analysis
- Figure 81: Global: Traffic Jam Assist Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Traffic Jam Assist Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Traffic Jam Assist Market Forecast: Breakup by Level of Automation (in Million US$), 2024-2032
- Table 3: Global: Traffic Jam Assist Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 4: Global: Traffic Jam Assist Market Forecast: Breakup by Method (in Million US$), 2024-2032
- Table 5: Global: Traffic Jam Assist Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Traffic Jam Assist Market: Competitive Structure
- Table 7: Global: Traffic Jam Assist Market: Key Players
