Vehicle to Vehicle Communication Size, Statistics, Trend Analysis and Forecast Report, 2020 - 2027 |
Vehicle to Vehicle Communication shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Vehicle to Vehicle Communications Market Growth and Trends
A trending rise in the awareness of safety during driving most likely creates the need for systems with automated enhanced safety features in vehicles. The vehicle to vehicle communication market will most certainly witness booming demand as a result. Safety and control of congestion in cities, on road, will be ensured by connected vehicles where they would communicate and send alerts in case of imminent accidents. These features would attract customers with a view to increase their safety and ease of driving, thus fostering considerable growth in the vehicle to vehicle communication market. Other driving forces for growth in this arena is the increasing demand for sharing of information, wireless communication, and roadside communication infrastructure, also functioning as facilitator for the development of the autonomous vehicle market. An active area of research, vehicle to vehicle communication has gained a great deal of attention owing to its potential in improving and enhancing vehicle and road safety, convenience and comfort for passengers as well as drivers, traffic efficiency, which positively impact the vehicle to vehicle communication market. Sensors would help in enhance the riding quality and experience of the passenger by sensing traffic, and also improve driving experience. Added features of advantage would include an all-round information of risks, therefore expected to be more effective by including technology such as adaptive cruise control, blind spot detection, rear-parking sonar, blind spot detection, lane departure, and backup camera, to mention a few.
Some restraints in vehicle to vehicle communication would include requirement of abundant data which consequently requires scalable and a more storage-capable cloud platform. A strong, standardized, and advanced network is certainly necessary, amalgamated with with sophisticated processing, analytical capabilities and technicalities. Standardization of protocol, security issues and countermeasures may temporarily pose as challenges to the vehicle to vehicle communication market.
Vehicle to Vehicle Communications Market Regional Analysis
Vehicle to Vehicle Communications Market Share and Competition
Key companies operating in this industry are: BMW Group, Daimler AG, General Motors, Toyota, Volkswagen group, Delphi, Autotalks Limited, eTrans Systems, Honda, Volvo, Audi, Denso Corp and Qualcomm.
Vehicle to Vehicle Communications Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Transmitter
• Receiver
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Forward Collision Warning
• Blind Spot Warning
• Lane Change Warning
• Emergency Brake Light Warning
• Control Loss Warning
• No Pass Warning
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Vehicle to Vehicle Communications Market Companies
• BMW Group
• Daimler AG
• General Motors
• Toyota
• Volkswagen group
• Delphi
• Autotalks Limited
• eTrans Systems
• Honda
• Volvo
• Audi
• Denso Corp
• Qualcomm
Available Versions:-
United States Vehicle to Vehicle Communications Market Research Report
Europe Vehicle to Vehicle Communications Market Research Report
Asia Pacific Vehicle to Vehicle Communications Market Research Report
India Vehicle to Vehicle Communications Market Research Report
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