Automotive Market Revenue, Trends, Growth, Technologies, CAGR Connected Car Devices Market Growth by 2021 | страница 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