Increasing Penetration of Telecommunication Services in Automotive Industry

1
Connected Car Devices Market by Communication
Type (V2V, V2I, V2P), Connectivity Type (DSRC,
Cellular Network), Product Type (Das,
Telematics), Vehicle Type (PC, LCV HCV),
Electric Vehicle Type (BEV, HEV, PHEV, FCV) and
Region - Global Forecast to 2021
www.MarketsandMarkets.com
2
Dedicated Short Range Communication (DSRC)
Promising technology in connected car
devices Connected car devices with DSRC as
connectivity use short range communication
technologies such as Radar and Lidar, which are
designed for a communication range up to 1000
feet. DSRC allows rapid communications between
connected car networks, and is used for various
applications in the modern automobiles. The high
demand for DSRC can be attributed to several
advantages offered by the technology in connected
vehicle applications. DSRC as connectivity
technology is used in various vehicle-to-vehicle
(V2V) and vehicle-to-infrastructure (V2I)
applications such as adaptive cruise control,
park assist systems, and collision avoidance
system among others. The market for these
technologies is growing rapidly and regulatory
bodies in Europe and North America are planning
to mandate some of these technologies. PDF
Brochure https//www.marketsandmarkets.com/pdfd
ownload.asp?id233573128

3
Telematics Systems Upcoming mandates in
Asia-Pacific to drive the demand The global
connected car devices market is estimated to be
dominated by the telematics devices during the
review period. Telematics systems have been
mandated in all passenger cars in most of the
advanced economies of Europe and North America.
Furthermore, Asian countries such as China and
India are investigating the benefits of
telematics technology as well. The regulation
regarding telematics mandate is estimated to be
followed from 2019 onwards. These factors make
the telematics devices one of the most prominent
technologies in the connected car devices
market. Request for Customization
https//www.marketsandmarkets.com/requestCustomi
zation.asp?id233573128
4
The global market, by communication type, is led
by the vehicle-to-vehicle communication type
during the forecast period. The
vehicle-to-vehicle communication technology can
be used to share information regarding traffic
jams, position, and best possible route and can
also help in avoiding collisions. The growing
demand for developing systems that will
contribute towards reduction of traffic
fatalities, help save fuel, and increase
efficiency are some of the factors contributing
towards the growth of the vehicle-to-vehicle
communication. The market for these technologies
is on the rise and regulatory bodies in Europe
and North America are planning to mandate some of
these technologies. For example, in Europe, eCall
has been mandated for all the new vehicles in the
near future. Request Sample _at_
https//www.marketsandmarkets.com/requestsample.as
p?id233573128
5
Asia-Pacific Largest market for connected car
devices Asia-Pacific was estimated to be the
largest market for connected car devices in 2016,
owing to the increasing vehicle production in
countries such as Japan, China, and India and
stringent safety regulations in these countries.
Changing government approach towards vehicle,
driver, passenger, and pedestrian safety has
imposed many regulations, which mandate
automobile manufacturers to deliver vehicles with
installed safety features. Additionally,
improving socio-economic conditions in countries
such as India, Thailand, and Indonesia have
resulted in the growth of demand for premium
segment passenger cars, which in turn has
accelerated the market for connected car devices
in these countries. Speak to analyst _at_
https//www.marketsandmarkets.com/speaktoanalyst.a
sp?id233573128
6
Market Ecosystem The connected car devices
market eco-system consists of a parent industry
vehicle intelligence and security, which includes
manufacturers such as Continental AG (Germany),
Denso Corporation (Japan), Delphi Automotive, PLC
(U.K.), and Robert Bosch GmbH (Germany) among
others, sensor manufacturers such as Infineon
Technologies AG (Germany) and Renesas Electronics
(Japan), vehicle manufacturers such as General
Motors (U.S.), BMW (Germany), Toyota Motors
(Japan), and Hyundai Motors (South Korea),
regional automotive associations such as Society
of Indian Automotive Manufacturers (SIAM), Japan
Automotive Manufacturers Association (JAMA), and
European Automobile Manufacturers Association
(ACEA) among others. Buy Now
https//www.marketsandmarkets.com/Purchase/purcha
se_report1.asp?id233573128
7
Browse gtgt 119 market data
tables 75 figures
169 pages and in-depth TOC "Automotive
Wheel Market by Rim Size (13-15,16-18,19-21,gt21
inch), Material (Steel, Alloy, Carbon Fiber),
Off-highway (Construction Mining, Agriculture
Tractors) Vehicle Type, Vehicle Class, End-Use,
and Region - Global Forecast to 2025 Early
buyers will receive 10 customization on this
report. This study answers several questions
for the stakeholders, primarily which market
segments to focus on in the next two to five
years to prioritize efforts and investments.
8
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com