Vehicle-to-Vehicle (V2V) Communication Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global vehicle-to-vehicle (v2v) communication market.
This report focuses on vehicle-to-vehicle (v2v) communication market which is experiencing strong growth.
The report gives a guide to the vehicle-to-vehicle (v2v) communication market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
Markets Covered:
1) By Vehicle Type: Passenger Cars; Commercial Vehicles
2) By Connectivity: Dedicated Short-Range Communication (DSRC); Cellular
3) By Deployment Type: Original Equipment Manufacturer (OEM) Devices; Aftermarket Devices
4) By Application: Traffic Safety; Traffic Efficiency; Infotainment; Payments; Others
Companies Mentioned: General Motors; Daimler AG; Toyota Motor Corporation; Volkswagen Group; Harman International Industries
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This report focuses on vehicle-to-vehicle (v2v) communication market which is experiencing strong growth.
The report gives a guide to the vehicle-to-vehicle (v2v) communication market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the vehicle-to-vehicle (v2v) communication? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Vehicle-to-Vehicle (V2V) Communication market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
- It traces the market’s historic and forecast market growth by geography.
- It places the market within the context of the wider vehicle-to-vehicle (v2v) communication market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies.
- Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The vehicle-to-vehicle (v2v) communication market section of the report gives context.
- It compares the vehicle-to-vehicle (v2v) communication market with other segments of the vehicle-to-vehicle (v2v) communication market by size and growth, historic and forecast.
- It analyses GDP proportion, expenditure per capita, vehicle-to-vehicle (v2v) communication indicators comparison.
Scope
Markets Covered:
1) By Vehicle Type: Passenger Cars; Commercial Vehicles
2) By Connectivity: Dedicated Short-Range Communication (DSRC); Cellular
3) By Deployment Type: Original Equipment Manufacturer (OEM) Devices; Aftermarket Devices
4) By Application: Traffic Safety; Traffic Efficiency; Infotainment; Payments; Others
Companies Mentioned: General Motors; Daimler AG; Toyota Motor Corporation; Volkswagen Group; Harman International Industries
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Vehicles in The Vehicle-To-Vehicle (V2V) Communication Market
What is the estimated value of the Global Vehicles in The Vehicle-To-Vehicle (V2V) Communication Market?
What is the growth rate of the Global Vehicles in The Vehicle-To-Vehicle (V2V) Communication Market?
What is the forecasted size of the Global Vehicles in The Vehicle-To-Vehicle (V2V) Communication Market?
Who are the key companies in the Global Vehicles in The Vehicle-To-Vehicle (V2V) Communication Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2022 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value ( USD | $ 19.98 billion |
| Forecasted Market Value ( USD | $ 32.9 billion |
| Compound Annual Growth Rate | 13.3% |
| Regions Covered | Global |
Table of Contents
1. Executive Summary2. Vehicle-to-Vehicle (V2V) Communication Market Characteristics3. Vehicle-to-Vehicle (V2V) Communication Market Trends And Strategies4. Impact Of COVID-19 On Vehicle-to-Vehicle (V2V) Communication28. Key Mergers And Acquisitions In The Vehicle-to-Vehicle (V2V) Communication Market29. Vehicle-to-Vehicle (V2V) Communication Market Future Outlook and Potential Analysis
5. Vehicle-to-Vehicle (V2V) Communication Market Size And Growth
6. Vehicle-to-Vehicle (V2V) Communication Market Segmentation
7. Vehicle-to-Vehicle (V2V) Communication Market Regional And Country Analysis
8. Asia-Pacific Vehicle-to-Vehicle (V2V) Communication Market
9. China Vehicle-to-Vehicle (V2V) Communication Market
10. India Vehicle-to-Vehicle (V2V) Communication Market
11. Japan Vehicle-to-Vehicle (V2V) Communication Market
12. Australia Vehicle-to-Vehicle (V2V) Communication Market
13. Indonesia Vehicle-to-Vehicle (V2V) Communication Market
14. South Korea Vehicle-to-Vehicle (V2V) Communication Market
15. Western Europe Vehicle-to-Vehicle (V2V) Communication Market
16. UK Vehicle-to-Vehicle (V2V) Communication Market
17. Germany Vehicle-to-Vehicle (V2V) Communication Market
18. France Vehicle-to-Vehicle (V2V) Communication Market
19. Eastern Europe Vehicle-to-Vehicle (V2V) Communication Market
20. Russia Vehicle-to-Vehicle (V2V) Communication Market
21. North America Vehicle-to-Vehicle (V2V) Communication Market
22. USA Vehicle-to-Vehicle (V2V) Communication Market
23. South America Vehicle-to-Vehicle (V2V) Communication Market
24. Brazil Vehicle-to-Vehicle (V2V) Communication Market
25. Middle East Vehicle-to-Vehicle (V2V) Communication Market
26. Africa Vehicle-to-Vehicle (V2V) Communication Market
27. Vehicle-to-Vehicle (V2V) Communication Market Competitive Landscape And Company Profiles
30. Appendix
Executive Summary
Major players in the vehicle-to-vehicle (v2v) communication market are General Motors, Daimler AG, Toyota Motor Corporation, Volkswagen Group, Harman International Industries, Mobileye, Ford Motor Company, Bayerische Motoren Werke AG, Audi AG, Mercedes-Benz, Qualcomm, Cisco Systems Inc., Autotalks, DENSO Corporation, Arada Systems Inc., Nissan Motor Co. Ltd., Honda Motor Company Ltd. and Lear Corporation.The global vehicles in the vehicle-to-vehicle (V2V) communication market is expected to grow from $16.98 billion in 2021 to $19.98 billion in 2022 at a compound annual growth rate (CAGR) of 17.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $32.90 billion in 2026 at a CAGR of 13.3%.
The vehicle-to-vehicle (V2V) communication market consists of sales of V2V communications technology by entities (organizations, sole traders, and partnerships) that enable wireless transmission of data between the two vehicles about their speed, location, and heading. V2V communication technology enables automobiles to send and receive Omni-directional data (up to 10 times per second), giving them a 360-degree knowledge of other vehicles. Vehicle to vehicle (V2V) communication makes the user identify the threats and determine potential crash threats. To warn drivers, the technology can provide visual, tactile, and aural indicators or a mix of these signals. These warnings give drivers the potential to take action to avoid collisions.
The main types of vehicles in the vehicle-to-vehicle (V2V) communication are passenger cars and commercial vehicles. Commercial cars are the cars that are owned by companies or businesses such as semi-trucks, taxis, buses, limos, trailers, tow trucks. The different types of connectivity include dedicated short-range communication (DSRC), cellular in vehicles and involves various deployment devices such as original equipment manufacturer (OEM) devices, aftermarket devices. It is used in traffic safety, traffic efficiency, infotainment, payments, and other applications.
North America was the largest region in the vehicle-to-vehicle(V2V) communication market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Growing concern for road safety is expected to propel the growth of the vehicle-to-vehicle communications market going forward. The road traffic injuries cause considerable damage to infrastructure and human lives as well as economic losses to individuals, their families, and nations. Road accidents can be prevented by improving the safety features of vehicles, designing safer infrastructure, incorporating road safety features, transport planning, enforcing laws relating to key risks, and raising public awareness. There are so many accidents taking place because of lack of road safety and the measures taken to road safety and there is a need for vehicle-to-vehicle communications to provide road safety. For Instance, in June 2021, according to the World Health Organization, over 1.3 million people die every year as a result of road traffic accidents, with low and middle-income nations accounting for 93 percent of all traffic deaths. In the African region, road traffic casualties account for more than 90% of all deaths. WHO is providing technical support to the countries for road safety. Therefore, growing concern for road safety drives the vehicle to the vehicle communications market.
Technological advancement is a key trend gaining popularity in the vehicle-to-vehicle communications market. Major companies operating in the vehicle-to-vehicle communications sector are focused on developing new technological solutions to strengthen their position. For instance, in October 2019, Toyota Motor Corporation (Toyota), a Japan-based automotive manufacturer introduced the "LQ", an advanced technology developed to meet the requirements of the individual to maintain an emotional bond between the vehicle and the driver. The features of the LQ technology involve automated driving, an automated valet parking system, AR-HUD, a Seat with alertness and relaxation functions, an organic LED meter display, and air purification coating.
In October 2020, BorgWarner, a US-based automotive company involved in providing technology solutions for combustion, hybrid, and electric vehicles acquired Delphi Technologies for an undisclosed amount. With this acquisition, BorgWarner will strengthen its electronics and power electronics products, extend its portfolio and strengthen commercial vehicle and aftermarket industries which include the vehicle-to-vehicle communications market. Delphi Technologies is a UK-based power electronics technology and products company that provides vehicle communication interface technology.
The countries covered in the vehicle-to-vehicle (v2v) communication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
Companies Mentioned
A selection of companies mentioned in this report includes:
- General Motors
- Daimler AG
- Toyota Motor Corporation
- Volkswagen Group
- Harman International Industries
- Mobileye
- Ford Motor Company
- Bayerische Motoren Werke AG
- Audi AG
- Mercedes-Benz
- Qualcomm
- Cisco Systems Inc.
- Autotalks
- DENSO Corporation
- Arada Systems Inc.
- Nissan Motor Co.Ltd.
- Honda Motor Company Ltd.
- Lear Corporation
Methodology
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