Vehicle To Vehicle Is Expected To Remain The Largest Segment In The Global Vehicular Communication Market

By Author: Lucintel LLC
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An exciting new study from the team of Lucintel found that vehicular communication market is expected to reach $88.5 billion by 2027 with a CAGR of 23.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The vehicular communication market is segmented based on product type, vehicle type, end user, offering, and region. In this market, Vehicle to vehicle is expected to remain the largest product type. Players can benefit from the available opportunities like favorable policies and regulations by the government to reduce accidents and the increasing need for a better and effective transportation system.
Integration of predictive vehicle maintenance using real-time monitoring and development of artificial intelligence with vehicular infotainment system are emerging trends having impact on dynamics of the industry.
Continental, Qualcomm, Robert Bosch, NXP semiconductors, ...
... Aptiv Plc, and Infineon technologies are some of the major players profiled in this 225 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the 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 What are the business risks and threats to the vehicular communication market?
Q.4 What are some changing demands of customers in the vehicular communication market?
Q.5 What are the new developments in the vehicular communication market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this vehicular communication area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this vehicular communication market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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