Traffic Jam Assist (TJA) Systems Market Drivers, Restraints, Merger, Acquisition, SWOT Analysis, PESTELE Analysis and Business Opportunities by 2027

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Feb 12, 2021 (Market Insight Reports) —
Crashes in road traffic cost most nations 3 {9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63} of their gross domestic product. Moreover, the rising preference to reduce traffic congestion is likely to augment market growth shortly. The rising cases of road accidents and the increasing traffic congestion are driving the demand for the market. Traffic Jam Assist (TJA) Systems Market Size – USD 2.63 billion in 2019, Traffic Jam Assist (TJA) Systems Industry Growth – CAGR of 12.5 {9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63}, Market Trends – The rise in the government initiatives to prevent road accidents.

Traffic Jam Assist (TJA) Systems Market is forecasted to be worth USD 6.38 Billion by 2027, according to a current analysis by Emergen Research. Due to growing cases of road accidents due to human errors and congestion, the market for Traffic Jam Assist (TJA) Systems is expected to expand substantially over the forecasted period. According to the World health organization, as a result of road traffic crashes, nearly 1.35 million people die per year globally. Besides, governments’ rising concern and initiatives to prevent road accidents are expected to further propel the market growth over the forecasted timeline.

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Key participants include Mercedes-Benz, Automotive Group., ZF Friedrichshafen AG, NVIDIA Corporation, AUDI AG, ŠKODA AUTO, Robert Bosch GmbH, Hyundai Mobis, Ford Motor Company, Bayerische Motoren Werke AG, and Continental AG among other.

Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the global Traffic Jam Assist (TJA) Systems Market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the global Traffic Jam Assist (TJA) Systems Market are discussed.

  • Component Outlook (Revenue, USD Billion; 2017-2027)

    • ECUs

    • Automotive Cameras

    • LiDAR

    • Ultrasonic Sensors

    • RADAR

  • Level Outlook (Revenue, USD Billion; 2017-2027)
  • Method Outlook (Revenue, USD Billion; 2017-2027)

    • Lane Tracking System

    • Vehicle Detection and Collision Avoidance System

    • Auto Steering and Speed Control System

    • Others

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Regions Covered in these Report:

Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Europe (Germany, the UK, France, and Rest of Europe)
North America (the US, Mexico, and Canada)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (GCC Countries and Rest of Middle East & Africa)

Key Questions answered by the Report

1.What will be the growth rate of the Global Traffic Jam Assist (TJA) Systems Market 2020 for the forecast period 2020 to 2027?
2.What will be the market size during this estimated period?
3.What will be the growth areas within the market space and where should the participant focus to gain maximum ROI?
4.Who are the prominent industries players dominating the Global Traffic Jam Assist (TJA) Systems Market and what are their business strategies to stay ahead in the competition against their rivals?
5.What are kind of challenges hindering the development of the industry worldwide?
6.Competitive landscape of the Global Traffic Jam Assist (TJA) Systems Market
7.What are the opportunities business owners can rely upon to earn more profits and stay competitive during the estimated period?
8.Potential and niche segments/regions exhibiting promising growth
9.A neutral perspective towards Global Traffic Jam Assist (TJA) Systems market performance

Global Traffic Jam Assist (TJA) Systems Market: Research Methodology

The examiners have Emergen Research have utilized essential and auxiliary research approaches for aggregating the examination report. Raw data has been cautiously and fastidiously separated to guarantee accurate details are sourced precisely. Furthermore, information has been also been garnered from journals and other valuable databases. The majority of the gathered data has been cross-checked, approved, and verified through remarks by market specialists.

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Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Traffic Jam Assist (TJA) Systems Market Segmentation & Impact Analysis

4.1. Traffic Jam Assist (TJA) Systems Market Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. The increasing traffic congestion

4.2.2.2. Growing demand for luxury vehicles

4.2.2.3. The rising cases of road accidents

4.2.2.4. The increasing technological advancement

4.2.3. Market restraints analysis

4.2.3.1. High system cost

4.2.3.2. Issues related system reliability

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 5. Traffic Jam Assist (TJA) Systems Market By Component Insights & Trends, Revenue (USD Billion)

5.1. Component Dynamics & Market Share, 2019 & 2027

5.1.1. ECUs

5.1.2. Automotive Cameras

5.1.3. LiDAR

5.1.4. Ultrasonic Sensors

5.1.5. RADAR

Chapter 6. Traffic Jam Assist (TJA) Systems Market By Level Insights & Trends Revenue (USD Billion)

6.1. Level Dynamics & Market Share, 2019 & 2027

6.1.1. Level 2

6.1.2. Level 3

Continue…!

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