Automotive & Transportation Market Analysis Vehicle To Vehicle Communication Systems Market | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future thus it's contributing improving the environment, which is like to drive the market, the foremost preference. V2V systems have transmitter and receivers that help the vehicle to transmit the steering-wheel position, speed, position, break status, steering-wheel position and other data vehicles ranges within few 100 meters. The interconnected vehicles and cars could make use this information, rebuilt it the information sends message to the driver and gives indications in case of any danger and the alerts the driver which is improving the safety concerns of the driver because these factors are responsible for driving the market during the forecast period from 2016 to 2024 Browse Detail Report@ https://www.hexaresearch.com/upcoming-research/vehicle-to-vehiclecommunication-systems-market The global V2V communications system is been segmented on the basis of region, type, application and brand. On the basis of application, the market is further segmented into, emergency brake warning, blind spot no pass and control loss warning, forward collision warning, and backwards warring and many such other applications are available in the V2V systems which help in preventing collisions. With the last one occupying the largest market share and expected to grow at CAGR of 45% in near future. The forward and backwards collision detection system is key drivers for this V2V systems market which helps to prevent the accidents. The Blind spot informs the driver that vehicle is an adjacent side lane is located in driver’s blind zone and alerts to the driver about the presence car or vehicle these are on-going technologies in V2V communication systems. The key restraint of the market is high initial cost, which is hampering the growth of V2V systems Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/