Global Automotive Traffic Jam Assist Systems Market 2017-2021

Global Automotive Traffic Jam Assist Systems Market 2017-2021

About Automotive TJA Systems

TJA system is a driver assistance system that assists the driver in navigating through traffic conditions in a hassle-free manner. It is considered as a semi-autonomous feature and is offered as a part of ADAS. It is considered as a modified version of ACC. In ACC, the driver's vehicle can lock onto the vehicle in front and can modulate the vehicle speed depending on the speed of the vehicle in front. The vehicle can also come to a standstill and accelerate thereafter depending on the driving style of the leading vehicle. Usually, the driver sets a pre-set distance between the two vehicles. If the vehicle in front accelerates or changes its lane, the vehicle accelerates until it has reached the pre-set distance from the leading vehicle. Unlike the ACC, which can operate at high speeds, the TJA system is limited to slow speeds. Although the operating speed of the TJA system varies from OEM to OEM, almost all vehicles equipped with TJA operate in the range of 0-60 km/h. It is considered to be a level 3 autonomous feature.

Technavio’s analysts forecast the global automotive TJA system market to grow at a CAGR of 12.41% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive TJA system market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automotive TJA systems.The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Automotive TJA System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Bosch
• Continental
• Delphi
• Mobileye
• ZF TRW

Other prominent vendors

• Valeo
• Magna
• Hyundai Mobis
• Denso

Market driver

• Adoption of efficient sensor fusion techniques to improve accuracy of TJA system
• For a full, detailed list, view our report

Market challenge

• Increasing skepticism due to cybersecurity issues will slow adoption of level 3 autonomous features
• For a full, detailed list, view our report

Market trend

• Shifting focus of OEMs toward autonomous vehicles
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Global Automotive TJA System 2017-2021

Technavio recognizes the following companies as the key players in the global automotive TJA system market: Bosch, Continental, Delphi, Mobileye, and ZF TRW

Other Prominent Vendors in the market are: Valeo, Magna, Hyundai Mobis, and Denso

Commenting on the report, an analyst from Technavio’s team said: “The automotive industry is witnessing a structural shift in terms of demand side behavior. In the late 1970s and the early 1980s, vehicles were perceived as an extension of the personality of the end user. This phenomenon has drastically changed where the next generation of baby boomers, which are the millennials, has shifted to new car ownership models such as carpooling, cab services, and car rentals due to factors such as traffic congestions in urban cities. To adopt to this behavioral change, OEMs are focusing more on technologies that focus on the driverless, autonomous vehicle concept.”

According to the report, NHTSA estimated that rear-end collisions accounted for 6% of fatal crashes and 32% of the total crashes in 2014. The main reasons for rear-end collision are speeding, distracted driving, and following the leading vehicle too closely. To reduce human errors during driving, OEMs have been focusing on developing semi-autonomous technologies like ACC and TJA.

Further, the report states that TJA, the advanced version of cruise control system that costs more than $1,500, is not available in low-cost vehicles. The purchase and installation of radar-based and camera-based systems for vehicles is an expensive process. Automotive sensor devices are being developed by ADAS OEMs to increase the driving comfort of users and to minimize human errors. However, the cost associated with these devices is high because of the use of expensive technology in their manufacture, thereby limiting their adoption.



Companies Mentioned

Bosch, Continental, Delphi, Mobileye, ZF TRW, Valeo, Magna, Hyundai Mobis, Denso.