Global Vehicle Intelligence Systems Market to Reach $73.4 Billion by 2030
The global market for Vehicle Intelligence Systems estimated at US$27.9 Billion in the year 2022, is projected to reach a revised size of US$73.4 Billion by 2030, growing at a CAGR of 12.8% over the analysis period 2022-2030. Road / Lane Tracking Systems, one of the segments analyzed in the report, is projected to record 12.7% CAGR and reach US$33.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Road Sign Detection Systems segment is readjusted to a revised 11.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 11.9% CAGR
The Vehicle Intelligence Systems market in the U.S. is estimated at US$8.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.4 Billion by the year 2030 trailing a CAGR of 11.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.6% and 10.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.Select Competitors (Total 13 Featured) -
- Aptiv PLC
- Autoliv, Inc.
- Continental AG
- Denso Corporation
- Infineon Technologies AG
- Magna International, Inc.
- Mobileye NV
- Robert Bosch GmbH
- Valeo SA
- WABCO Holdings Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aptiv PLC
- Autoliv, Inc.
- Continental AG
- Denso Corporation
- Infineon Technologies AG
- Magna International, Inc.
- Mobileye NV
- Robert Bosch GmbH
- Valeo SA
- WABCO Holdings Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 182 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 27.9 Billion |
Forecasted Market Value ( USD | $ 73.4 Billion |
Compound Annual Growth Rate | 12.9% |
Regions Covered | Global |