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OBIS Segment to Dominate the Top 10 Automotive Technologies

The On board internet services segment is projected to grow at the highest CAGR during the forecast period. The growth of the application of on board internet services is influenced by factors such as the rollout of high speed connectivity solutions such as 4G and 5G, and increasing penetration of telecom services in automotive industry. For instance companies such as BMW have started to offer integrated sim card with their cars so that calls can be made through vehicles without connecting mobile with the vehicles.

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OBIS Segment to Dominate the Top 10 Automotive Technologies

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  1. Growing Concerns & Government Regulations Pertaining to Vehicle Safety to drive Top 10 Automotive Technologies Market The report "Top 10 Automotive Technologies Market (Global Vehicle Intelligence, On Board Internet Services, Remote Diagnostics, HUD, Biometric Vehicle Access, Vehicle Security, 3D Printing, Night Vision, BDS, LDWS), and Region - Global Forecast to 2021", The automotive market for top 10 automotive technologies is projected to grow at a CAGR of 17.35%, to reach a market size of USD 139.02 Billion by 2021. Increase in demand for luxury vehicles with advance technologies is driving the market for Top 10 Automotive technologies. Also, Government Regulations towards safety feature has propelled growth of automotive technologies. Browse 87 market data tables and 66 figures spread through 176 pages and in-depth TOC on “Top 10 Automotive Technologies Market (Global Vehicle Intelligence, On Board Internet Services, Remote Diagnostics, HUD, Biometric Vehicle Access, Vehicle Security, 3D Printing, Night Vision, BDS, LDWS), and Region - Global Forecast to 2021" https://www.marketsandmarkets.com/Market-Reports/top-10-automotive-technologies-market- 142544173.html Early buyers will receive 10% customization on reports. “The Asia-Pacific to be the largest market for top 10 automotive technologies” The Asia-Pacific is expected to dominate the market for the top 10 automotive technologies, and is projected to capture the highest market share in terms of value during the forecast period. Asia-Pacific has created promising opportunities for automobile market and technology provider companies. Increasing income levels and rapid urbanisation is expected to push the market by leading to growth in vehicle sales. “Vehicle security systems to be the largest segment in the market for top 10 automotive technologies” Vehicle security systems are expected to dominate the market for the top 10 automotive technologies, and are projected to capture the highest market share in terms of volume. There has been increase in vehicle theft from past years due to the high-tech and modern theft techniques. With an increasing number of advanced vehicle technologies, the automotive technologies market has seen an increased demand, especially for the vehicle security systems market. “On board internet services to be the fastest growing segment in the top 10 automotive technologies market” The On board internet services segment is projected to grow at the highest CAGR during the forecast period. The growth of the application of on board internet services is influenced by factors such as the rollout of high

  2. speed connectivity solutions such as 4G and 5G, and increasing penetration of telecom services in automotive industry. For instance companies such as BMW have started to offer integrated sim card with their cars so that calls can be made through vehicles without connecting mobile with the vehicles. The top 10 automotive technologies are projected to grow at a CAGR of 17.35%, to reach a market size of USD 139.02 Billion by 2021. Increase in demand for luxury vehicles with advance technologies is driving the market for Top 10 Automotive technologies. Also, Government Regulations towards safety feature has propelled growth of automotive technologies. On board internet services market is largest market as compared to other automotive technologies. The automotive on board internet services market is driven by increasing concerns regarding safety and security, government regulations, reduction in connectivity cost, and the growth in the usage of the smart phones. Data security and privacy concerns, the short life of electronic systems, and lack of on board internet services infrastructure in emerging economies such as Brazil, and Russia are factors responsible for hindering the growth of this market The major players in top 10 automotive technologies market are Delphi Automotive PLC (U.K.), Continental AG (Germany), Robert Bosch GmbH (Germany), and some on board internet service providers are Agero (U.S.), Airbiquity (U.S.), and WirelessCar (Sweden). The major telecom companies which provide connectivity for on board internet services are AT&T (U.S.), Verizon (U.S.), and Vodafone (U.K.). Learn more about Top 10 Automotive Technologies Market Asia-pacific expected to dominate the market The Asia-Pacific is expected to dominate the market for the top 10 automotive technologies, and is projected to capture the highest market share in terms of value during the forecast period. Asia-Pacific has created promising opportunities for automobile market and technology provider companies. Rapid Urbanization contribute to increase in vehicle sales, which is expected to push the market by leading to growth in vehicle sales. Presence of high growth potential markets such as India, China, South Korea amongst other Asia-Pacific countries having rigid economic strictures, favorable regulations for establishing business are among the few factors the automotive technologies market has witnessed high growth. The Asia-Pacific aftermarket for top 10 automotive technologies is growing at a CAGR of 19.30% during the forecast period. Request Sample of Top 10 Automotive Technologies Market About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  3. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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