Global Vehicle To Vehicle Communication Systems Market Size, Status and Forecast 2019-2025
In 2018, the global Vehicle To Vehicle Communication Systems market size was 1650 million US$ and it is expected to reach 2420 million US$ by the end of 2025, with a CAGR of 4.9% during 2019-2025.
(EMAILWIRE.COM, January 16, 2019 ) Vehicular communication systems are networks in which vehicles and roadside units are the communicating nodes, providing each other with information, such as safety warnings and traffic information. They can be effective in avoiding accidents and traffic congestion. Both types of nodes are dedicated short-range communications (DSRC) devices. DSRC works in 5.9 GHz band with bandwidth of 75 MHz and approximate range of 300 m. Vehicular communications is usually developed as a part of intelligent transportation systems (ITS).
Increasing traffic efficiency with traffic congestion control which results in reduced transport time, fuel consumption and thus contributing to improving the environment is likely to positively impact the industry growth over the forecast period. Furthermore, impending clash with pedestrians or bicyclists carrying a smart phone could also be avoided, as constant signals between vehicles and smart phones warns the driver even if the roadway conditions impair driver vision. The forward and backwards collision detection system are key drivers for this V2V systems market which helps to prevent the accidents. The Blind spot informs the driver that vehicle is an adjacent side lane is located in driver’s blind zone and alerts to the driver about the presence car or vehicle these are on-going technologies in V2V communication systems. The key restraint of the market is high initial cost, which is hampering the growth of V2V systems. In terms of revenue, Asia Pacific is expected to account for significant market share by 2025. Prominent factors in the region include the presence of the world’s largest automotive manufacturing and consumer market in China, followed by substantial number of initiatives in Japan, Australia, and South Korea. North America will witness the highest penetration of the technology.
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This report focuses on the global Vehicle To Vehicle Communication Systems status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vehicle To Vehicle Communication Systems development in United States, Europe and China.
The key players covered in this study:
• BMW
• Ferrari
• Audi
• Suzuki
• Volkswagen
• Google X
• Telsa
• Honda Denso corporation
• Traffic Corp
Market segment by Type, the product can be split into:
• OEM Devices
• Aftermarket Devices
Market segment by Application, split into:
• Traffic Safety
• Traffic Efficiency
• Infotainment
• Payments
• Others
The study objectives of this report are:
To analyze global Vehicle To Vehicle Communication Systems status, future forecast, growth opportunity, key market and key players.
To present the Vehicle To Vehicle Communication Systems development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Make an Inquiry before Buying this Report@ https://www.orbisresearch.com/contacts/enquiry-before-buying/2465502
Key Points from TOC:
Chapter One: Report Overview
Chapter Two: Global Growth Trends
Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
Chapter Five: United States
Chapter Six: Europe
Chapter Seven: China
Chapter Eight: Japan
Chapter Nine: Southeast Asia
Chapter Ten: India
Chapter Eleven: Central & South America
Chapter Twelve: International Players Profiles
12.1 BMW
12.1.1 BMW Company Details
12.1.2 Company Description and Business Overview
12.1.3 Vehicle To Vehicle Communication Systems Introduction
12.1.4 BMW Revenue in Vehicle To Vehicle Communication Systems Business (2014-2019)
12.1.5 BMW Recent Development
12.2 Ferrari
12.2.1 Ferrari Company Details
12.2.2 Company Description and Business Overview
12.2.3 Vehicle To Vehicle Communication Systems Introduction
12.2.4 Ferrari Revenue in Vehicle To Vehicle Communication Systems Business (2014-2019)
12.2.5 Ferrari Recent Development
12.3 Audi
12.3.1 Audi Company Details
12.3.2 Company Description and Business Overview
12.3.3 Vehicle To Vehicle Communication Systems Introduction
12.3.4 Audi Revenue in Vehicle To Vehicle Communication Systems Business (2014-2019)
12.3.5 Audi Recent Development
Continued…
Chapter Thirteen: Market Forecast 2019-2025
Chapter Fourteen: Analyst's Viewpoints/Conclusions
Chapter Fifteen: Appendix
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(Note: If you have any special requirements, please let us know and we will offer you the report as you want.)
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Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Increasing traffic efficiency with traffic congestion control which results in reduced transport time, fuel consumption and thus contributing to improving the environment is likely to positively impact the industry growth over the forecast period. Furthermore, impending clash with pedestrians or bicyclists carrying a smart phone could also be avoided, as constant signals between vehicles and smart phones warns the driver even if the roadway conditions impair driver vision. The forward and backwards collision detection system are key drivers for this V2V systems market which helps to prevent the accidents. The Blind spot informs the driver that vehicle is an adjacent side lane is located in driver’s blind zone and alerts to the driver about the presence car or vehicle these are on-going technologies in V2V communication systems. The key restraint of the market is high initial cost, which is hampering the growth of V2V systems. In terms of revenue, Asia Pacific is expected to account for significant market share by 2025. Prominent factors in the region include the presence of the world’s largest automotive manufacturing and consumer market in China, followed by substantial number of initiatives in Japan, Australia, and South Korea. North America will witness the highest penetration of the technology.
Get Sample Copy of this Report@ https://www.orbisresearch.com/contacts/request-sample/2465502
This report focuses on the global Vehicle To Vehicle Communication Systems status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vehicle To Vehicle Communication Systems development in United States, Europe and China.
The key players covered in this study:
• BMW
• Ferrari
• Audi
• Suzuki
• Volkswagen
• Google X
• Telsa
• Honda Denso corporation
• Traffic Corp
Market segment by Type, the product can be split into:
• OEM Devices
• Aftermarket Devices
Market segment by Application, split into:
• Traffic Safety
• Traffic Efficiency
• Infotainment
• Payments
• Others
The study objectives of this report are:
To analyze global Vehicle To Vehicle Communication Systems status, future forecast, growth opportunity, key market and key players.
To present the Vehicle To Vehicle Communication Systems development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Make an Inquiry before Buying this Report@ https://www.orbisresearch.com/contacts/enquiry-before-buying/2465502
Key Points from TOC:
Chapter One: Report Overview
Chapter Two: Global Growth Trends
Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
Chapter Five: United States
Chapter Six: Europe
Chapter Seven: China
Chapter Eight: Japan
Chapter Nine: Southeast Asia
Chapter Ten: India
Chapter Eleven: Central & South America
Chapter Twelve: International Players Profiles
12.1 BMW
12.1.1 BMW Company Details
12.1.2 Company Description and Business Overview
12.1.3 Vehicle To Vehicle Communication Systems Introduction
12.1.4 BMW Revenue in Vehicle To Vehicle Communication Systems Business (2014-2019)
12.1.5 BMW Recent Development
12.2 Ferrari
12.2.1 Ferrari Company Details
12.2.2 Company Description and Business Overview
12.2.3 Vehicle To Vehicle Communication Systems Introduction
12.2.4 Ferrari Revenue in Vehicle To Vehicle Communication Systems Business (2014-2019)
12.2.5 Ferrari Recent Development
12.3 Audi
12.3.1 Audi Company Details
12.3.2 Company Description and Business Overview
12.3.3 Vehicle To Vehicle Communication Systems Introduction
12.3.4 Audi Revenue in Vehicle To Vehicle Communication Systems Business (2014-2019)
12.3.5 Audi Recent Development
Continued…
Chapter Thirteen: Market Forecast 2019-2025
Chapter Fourteen: Analyst's Viewpoints/Conclusions
Chapter Fifteen: Appendix
Get More Information about this Report@ https://www.orbisresearch.com/reports/index/global-vehicle-to-vehicle-communication-systems-market-size-status-and-forecast-2019-2025
(Note: If you have any special requirements, please let us know and we will offer you the report as you want.)
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results