Connected Car Devices Market is driven by Intense competition among connected car manufacturers. - PowerPoint PPT Presentation

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Connected Car Devices Market is driven by Intense competition among connected car manufacturers.

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According to the new market research report 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. Growing stringency of safety regulations and increasing demand for luxury and comfort have changed the market dynamics for vehicle manufacturers globally. The global connected car devices market is projected to grow at a CAGR of 16.3% during the forecast period, to reach USD 57.15 billion by 2021. – PowerPoint PPT presentation

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Updated: 16 May 2019
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Title: Connected Car Devices Market is driven by Intense competition among connected car manufacturers.


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
Growing stringency of safety regulations and
increasing demand for luxury and comfort have
changed the market dynamics for vehicle
manufacturers globally. The global connected car
devices market is projected to grow at a CAGR of
16.3 during the forecast period, to reach USD
57.15 billion by 2021. Download our free PDF
Brochure https//www.marketsandmarkets.com/pdfdown
loadNew.asp?id233573128

3
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.   Request
for free Customization https//www.marketsandmar
kets.com/requestCustomizationNew.asp?id233573128
4
Browse gtgt 119 market data
tables 75 figures
169 pages and in-depth TOC on Connected Car
Devices Market - Global Forecast to
2021 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 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.
5
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.
6
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. Request for
sample https//www.marketsandmarkets.com/requests
ampleNew.asp?id233573128
7
Connected Car Devices Market Key
Players Continental AG (Germany), Denso
Corporation (Japan), Delphi Automotive, PLC
(U.K.), Robert Bosch GmbH (Germany), and Autoliv
Inc. (Sweden) among others. 
8
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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