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/pdfdownload.asp?id=233573128

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/requestCustomization.asp?id=233573128

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 @ https://www.marketsandmarkets.com/requestsample.asp?id=233573128

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 @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=233573128

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/purchase_report1.asp?id=233573128

7. Browse >> 119market data tables 75figures 169 pagesand in-depth TOC "Automotive Wheel Market by Rim Size (13-15,16-18,19-21,>21 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. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com