Press release
Vehicle-To-Vehicle (V2V) Communication market size was 190 million US$ and it is expected to reach 3810 million US$ by the end of 2025, with a CAGR of 45.8% during 2018-2025
This report focuses on the global Vehicle-To-Vehicle (V2V) Communication status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vehicle-To-Vehicle (V2V) Communication development in United States, Europe and China.In 2017, the global Vehicle-To-Vehicle (V2V) Communication market size was 190 million US$ and it is expected to reach 3810 million US$ by the end of 2025, with a CAGR of 45.8% during 2018-2025.
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V2V Communication technology refers to the systems that enable communication of automotive with each other to provide improved awareness of the surrounding environment and information regarding the future actions of the nearby vehicles. This helps in the elimination of accident threats from the blind spots and enhances user safety.
OEMs are increasingly participating with government agencies to develop uniform communication standards across the regions. Moreover, these companies are also pushing the government bodies to develop mandates for the technology adoption.
Some of the key players Global Vehicle-To-Vehicle (V2V) Communication market include General Motors, Daimler AG, Toyota, Delphi Automotive PLC, Harman International Industries, Inc, Mobileye NV, Ford Motor Co., Honda, Nissan, Volkswagen, Audi, Hyundai, Kia
The report further analyzes the competitive landscape in this market by examining the profiles of the established market players to gain an insight into the current market hierarchy. The prevailing and the imminent organizations in the Global Vehicle-To-Vehicle (V2V) Communication market has also been deliberated in this research report in specifics, making it a valuable resource for supervision for the stakeholders operating in this market.
Researchers have reviewed the profiles of the leading companies functional in this market in a bid to assess their growth prospects and the key strategies they have adopted for the development of their businesses. The main objective of this research study is to provide a clear understanding the Global Vehicle-To-Vehicle (V2V) Communication Market to the market participants and assist them in creating crucial strategies to gain an edge over their competitors.
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The study objectives of this report are:
To analyze global Vehicle-To-Vehicle (V2V) Communication status, future forecast, growth opportunity, key market and key players.
To present the Vehicle-To-Vehicle (V2V) Communication development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Vehicle-To-Vehicle (V2V) Communication are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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