Global Automotive Hill Descent Control Market to Grow at 7% During 2022-2027, Propelled by Thriving Automotive Industry

March 16, 2021

According to the latest report by IMARC Group, titled “Automotive Hill Descent Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global automotive hill descent control market reached a volume of 2.1 Million Units in 2021. Automotive hill descent control (HDC) is an intelligent safety system integrated into all-wheel drive (AWD) vehicles. It is a safety feature that facilitates safe traveling and assists in driving through steep terrains using the cruise control system of the vehicle. It helps maintain control on slopes by processing and regulating the data received from the anti-lock braking (ABS), engine control, transmission control units and body control modules. Consequently, automotive HDC is extensively used to maintain a pre-determined safe speed, improve fuel efficiency, and identify potential hazards.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Automotive Hill Descent Control Market Trends:

The burgeoning automotive industry represents one of the primary factors driving the automotive HDC market across the globe. Apart from this, the widespread adoption of global positioning system (GPS)-assisted cruise control with automotive HDC systems is significantly contributing to the market growth. Furthermore, technological advancements, such as the introduction of a connected all-terrain driving system that utilizes dedicated short-range communications (DSRC) for medium-range wireless or vehicle-to-vehicle communications, are positively influencing the demand for automotive HDC worldwide. The key players are also integrating controlled descent devices with several advanced technologies to make automobiles safer and more economical. This, in confluence with rising investments in research and development (R&D) activities for developing the next generation terrain response system, is acting as another growth-inducing factor. Looking forward, IMARC Group expects the market to exhibit a CAGR of 7% during 2022-2027.

Market Summary:

  • Based on the component, the market has been segmented into sensors (wheel, torque, angle, and pressure sensors), actuators and electronic control unit.
  • On the basis of the vehicle type, the market has been segregated into passenger, light commercial and heavy commercial vehicles.
  • Region-wise, the market has been classified into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being Continental AG, Borg Warner Inc., Hyundai Mobis, Co., Ltd., Murata Manufacturing Co., Ltd., Robert Bosch GmbH, WABCO Holdings Inc. and ZF Friedrichshafen AG.


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Global Automotive Hill Descent Control Market to Grow at 7% During 2022-2027, Propelled by Thriving Automotive Industry
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More