NEW YORK, Aug. 19, 2019 /PRNewswire/ -- Trends,
opportunities and forecast in vehicular communication market to
2024 by product type (V2V, V2I, V2P and others), by vehicle type
(Passenger cars, light commercial vehicles, heavy commercial
vehicles and electric vehicles), by offering (hardware and
software), by end user (OEM and aftermarket) and region
(North America, Europe, Asia
Pacific, and the Rest of the World)
Read the full report:
https://www.reportlinker.com/p05803899/?utm_source=PRN
The future of the global vehicular communication market looks
promising with opportunities in the passenger cars, commercial
vehicle, and electric vehicles markets. The global vehicular
communication market is expected to reach an estimated $18.3 billion by 2024 with a CAGR of 19% from
2019 to 2024. The major drivers for this market are growing concern
for better traffic management, rising demand for real-time traffic
congestion control for passenger safety, and increasing use of
artificial intelligence in vehicles.
Emerging trends, which have a direct impact on the dynamics of the
industry, include integration of predictive vehicle maintenance
using real-time monitoring and development of artificial
intelligence with vehicular infotainment system.
Vehicular Communication by offering
Vehicular Communication market
Vehicular Communication Manufacturers
The study includes the vehicular communication market size and
forecast for global vehicular communication market through 2024,
segmented by product type, vehicle type, end user, offering, and
region as follows:
Vehicular Communication Market by Product Type ($M Shipment
analysis from 2013 to 2024)
Vehicle to vehicle (V2V) Vehicle to infrastructure (V2I) Vehicle to
pedestrians (V2P) Others
Vehicular Communication Market by Vehicle Type ($ M Shipment
analysis from 2013 to 2024)
Passenger Cars Light Commercial Vehicles Heavy Commercial Vehicles
Electric Vehicles
Vehicular Communication Market by offering ($ M Shipment
analysis from 2013 to 2024)
Hardware Software
Vehicular Communication Market by End User ($ Million from 2013
to 2024)
OEM Aftermarket
Vehicular Communication Market by Region ($ Million from 2013 to
2024)
North America US Canada Mexico Europe Germany Russia France United
Kingdom Italy Asia Pacific China Japan India South Korea Indonesia
The Rest of the World Brazil Turkey
Some of the vehicular communication companies profiled in this
report include Continental, Qualcomm, Continental, Robot Bosch, NXP
semiconductors, Delphi Automotive, and Infineon technologies are
the major vehicular communication system manufacturers.
On the basis of its comprehensive research, The analyst forecasts
that the vehicle to vehicle segment will remain the largest segment
and it is also expected to witness the highest growth over the
forecast period due to increasing roadways communication
infrastructure, development of wireless technology, and growing
awareness for driver's safety.
Within this market, electric vehicle will remain the largest
segment and it is also expected to witness the highest growth over
the forecast period due to increasing electric vehicle production
and higher penetration of vehicular communication system in
electric vehicle as compare to ICE vehicles.
North America will remain the
largest region due to favorable policies and regulations by the
government to reduce accidents and the increasing need for a better
and effective transportation system. Europe is expected to witness the highest
growth over the forecast period due to increasing adoption of
vehicular communication systems in luxury cars.
Some of the features of "Vehicular Communication Market Report:
Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global vehicular communication market size
estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast
(2019-2024) by end use and use industry.
Segmentation analysis: Global vehicular communication market size
by product type, vehicle type, end user, and offering type in terms
of value and volume shipment.
Regional analysis: Global vehicular communication market breakdown
by key regions such as North
America, Europe, and
Asia & Rest of World.
Growth opportunities: Analysis on growth opportunities in different
applications and regions of vehicular communication in the global
vehicular communication market.
Strategic analysis: This includes M&A, new product development,
and competitive landscape of vehicular communication in the global
vehicular communication market. Analysis of competitive intensity
of the industry based on Porter's Five Forces model.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high growth opportunities
for the global vehicular communication market by product type (V2V,
V2I, V2P and others), by vehicle type (Passenger cars, light
commercial vehicles, heavy commercial vehicles and electric
vehicles), by offering (hardware and software), by end user (OEM
and aftermarket) and region (North
America, Europe,
Asia Pacific, and the Rest of the
World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are
the key challenges and business risks in this vehicular
communication (vehicle to vehicle (V2V) communication market,
vehicle to vehicle communication market, V2X market, vehicular
communications market) market?
Q.5. What are the business risks and competitive threats in this
vehicular communication (vehicle to vehicle (V2V) communication
market, vehicle to vehicle communication market, V2X market,
vehicular communications market) market?
Q.6. What are the emerging trends in this vehicular communication
(vehicle to vehicle (V2V) communication market, vehicle to vehicle
communication market, V2X market, vehicular communications market)
market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the
vehicular communication (vehicle to vehicle (V2V) communication
market, vehicle to vehicle communication market, V2X market,
vehicular communications market) market?
Q.8. What are the new developments in the vehicular communication
(vehicle to vehicle (V2V) communication market, vehicle to vehicle
communication market, V2X market, vehicular communications market)
market? Which companies are leading these developments?
Q.9. Who are the major players in this vehicular communication
(vehicle to vehicle (V2V) communication market, vehicle to vehicle
communication market, V2X market, vehicular communications market)
market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of the competing products in this vehicular
communication (vehicle to vehicle (V2V) communication market,
vehicle to vehicle communication market, V2X market, vehicular
communications market) market and how big of a threat do they pose
for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and
what has its impact been on the vehicular communication (vehicle to
vehicle (V2V) communication market, vehicle to vehicle
communication market, V2X market, vehicular communications market)
industry?
Read the full report:
https://www.reportlinker.com/p05803899/?utm_source=PRN
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