Automotive Market Revenue, Trends, Growth, Technologies, CAGR Connected Car Devices Market Growth by 2021 | Page 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.
Early buyers will receive 10% customization on reports.
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. Download the pdf brochure
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.
The report covers all the major players in the global connected car devices market such as Continental
AG (Germany), Denso Corporation (Japan), Delphi Automotive, PLC (U.K.), Robert Bosch GmbH
(Germany), and Autoliv, Inc. (Sweden) among others. Buy Now