Connected Car Devices Market: is expected to grow at a CAGR of 16.10% during the forecast period to reach US $ 188.65 Bn by 2029.

Connected Car Devices Market Overview: 

The automobile industry's new drivers are connected vehicles. These systems include an eSIM for internet access, as well as IoT sensors to collect data on the car's health and fuel requirements. They also use cameras to monitor the driver's level of distraction by analysing their body posture and face.

The purpose of this report is to provide a thorough examination of the Connected Car Devices Market by segments and geographics. The study goes into great detail on the primary factors influencing the Connected Car Devices market's growth. The study also offers a comprehensive analysis of the market's value chain.

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Market Scope:

The "Global Connected Car Devices Market Analysis" is a detailed investigation of the Connected Car Devices market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Connected Car Devices market as well as detailed market segmentation by application, end-use, and geography. The Connected Car Devices market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Connected Car Devices players, as well as noteworthy industry trends and opportunities.

The research method used to assess and anticipate the Connected Car Devices market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Connected Car Devices market was calculated using the revenue of significant enterprises.

Segmentation: 

by Communication

• Vehicle-to-Vehicle (V2V)
• Vehicle-to-Infrastructure (V2I)
• Vehicle-to-Pedestrian(V2P)
• Others (V2C, V2D, V2G)

Brazil and Russia will begin requiring embedded telematics to be installed. In the long run, it is anticipated that China will enact similar telematics mandates, which, combined with increasing car sales, will propel China to become the world's leading market for embedded telematics.
The expansion of the market in the United States is being driven by higher standards for vehicle safety and protection, need for vehicle-to-vehicle (V2V) communication technology, and the incorporation of IoT into the automotive sector.

The adoption of autonomous vehicle technology in the US connected car market is one of the key causes boosting demand for advanced features. The market for ADAS systems has already experienced tremendous expansion, with connected car penetration expected to reach 80% in 2021. The US industry will soon be propelled by an increase in aftermarket service demand brought on by the renewal of connected car service subscriptions.

by Technology

• Driver Assistance Systems
• Adaptive cruise control
• Lane departure warning
• Blind spot detection
• Road sign recognition
• Park assist
• Pedestrian detection system
• Telematics
• Others

Based on the technology, in 2021, the driver assistance systems segment holds the largest market share of xx% 2021 and it is estimated to reach USD$ xx Mn by 2029. Within the globally connected car industry, Adaptive cruise control connectivity is expected to grow at the fastest rate. Government mandates, cost management of service plans, and the development of cloud-based services are all contributing to the growth of Adaptive cruise control connected solutions. Many connected car services, such as eCall and remote diagnostics, cannot be used without an embedded communication solution in the car, which is driving up the adoption of Adaptive cruise control connected cars. The development of the Adaptive cruise control car industry is largely thanks to government regulations. Since March 2021, Europe has made eCall mandatory.
Brazil and Russia will begin requiring embedded telematics to be installed. In the long run, it is anticipated that China will enact similar telematics mandates, which, combined with increasing car sales, will propel China to become the world's leading market for embedded telematics.

by Connectivity

• Dedicated Short Range Communication (DSRC)
• Long Range/ Cellular Network

Brazil and Russia will begin requiring embedded telematics to be installed. In the long run, it is anticipated that China will enact similar telematics mandates, which, combined with increasing car sales, will propel China to become the world's leading market for embedded telematics.

by Vehicle Type

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

By examining market categories and projecting market size, the study also aids in understanding the dynamics and structure of the global market for connected car devices. The study serves as an investor's guide with its clear depiction of competitive analysis of key companies by product, price, financial situation, product portfolio, growth plans, and regional presence in the global market for connected car devices.

 

 

 

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Key Players:

The major players covered in the Connected Car Devices market report are

• Continental AG
• Denso Corporation
• Delphi Automotive, PLC
• Robert Bosch GmbH
• Autoliv Inc.
• Valeo SA
• Tesla
• Volkswagen
• Porsche
• General Motors
• Autoliv, Inc.
• Continental AG
• Delphi Automotive PLC
• Denso Corporation
• Harman International Industries, Incorporated
• Infineon Technologies AG
• Magna International, Inc.
• Panasonic Corporation
• Robert Bosch GmbH
• Valeo S.A.
• Visteon Corporation
• ZF Friedrichshafen AG
• Other key players

Table of content:

  1. Connected Car Devices Market: Research Methodology
  1. Connected Car Devices Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to Connected Car Devices Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry
  1. Connected Car Devices Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact 
  1. Connected Car Devices Market Segmentation
  • Connected Car Devices Market, by Type (2021-2029)
  • Connected Car Devices Market, by Product (2021-2029)
  • Connected Car Devices Market, by Application (2021-2029)
  • Connected Car Devices Market, by End-User (2021-2029) 
  1. Regional Residential Roofing Market(2021-2029)
  • Regional Residential Roofing Market, by Type (2021-2029)
  • Regional Residential Roofing Market, by Product (2021-2029)
  • Regional Residential Roofing Market, by Application (2021-2029)
  • Regional Residential Roofing Market, by End-User (2021-2029)
  • Regional Residential Roofing Market, by Country (2021-2029)
  1. Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy
  • Recent Developments

Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Connected Car Devices Market:

Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Connected Car Devices market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Connected Car Devices industry, 

Key Questions Answered in the Connected Car Devices Market Report are: 

  • Which segment grabbed the largest share in the Connected Car Devices market?
  • What was the competitive scenario of the Connected Car Devices market in 2021?
  • Which are the key factors responsible for the Connected Car Devices market growth?
  • Which region held the maximum share in the Connected Car Devices market in 2021?