Vehicle Intelligence (VI) System Market 2018-2023 Global Prominent Key Players: Denso, Delphi Automotive PLC, Autoliv, Magna International, Robert Bosch, Mobileye NV

Vehicle Intelligence (VI) System Market 2018

Vehicle Intelligence System Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Vehicle Intelligence System Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023.

Global Vehicle Intelligence System Market Information Report by Vehicle Type (Passenger Cars, Commercial Vehicles), by Road Scene Understanding (RTS, RSD, NVS and others), by Advanced Driver Assistance & Monitoring (ACC, BSP, PA TJA, DMS and others) and Region - Forecast to 2022

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Global Vehicle Intelligence System Market Information Report by Vehicle Type (Passenger Cars, Commercial Vehicles), by Road Scene Understanding (RTS, RSD, NVS and others), by Advanced Driver Assistance & Monitoring (ACC, BSP, PA TJA, DMS and others) and Region - Forecast to 2022

The Key Players of Global Vehicle Intelligence System Market Are:

Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Autoliv Inc. (Sweden), Magna International Inc. (Canada), Robert Bosch GmbH (Germany), Mobileye NV (Israel), Infineon Technologies AG (Germany), Continental AG (Germany), Wabco Holdings Inc. (Belgium), and Valeo SA (France).

Vehicle Intelligence System Market – Overview

Vehicle intelligence systems comprise of electromagnetic and electronic devices which operate with radio transceivers and computer controlled devices. These systems communicate with the surroundings of the vehicle and assists the driver for a better driving experience.

The global vehicle intelligence systems market is majorly driven by the increasing concerns about pedestrian safety, the increase in demand for enhanced driving experience, and the rise in sales of premium vehicles in developing economies. The other factors driving the growth of the market are strict automobile standards set by governments, need for higher safety of passengers and drivers in vehicles and the increasing rate of road accidents which lead to adoption of vehicle intelligence systems.

The demand for safety features is increasing as consumers expect high quality products. However, the cost of developing vehicle intelligence systems is very high. The vehicle intelligence system contains numerous software-driven electronic components, which increases the overall cost of the vehicle. This increases the difficulty of Original equipment manufacturers in incorporating the systems in all vehicle segments.

Blind spot detection system is helpful to alert the driver regarding any obstacles which come in the blind spot zone of the vehicle. Adaptive headlights have the capability of automatically adjusting the intensity of light in corners and dark conditions. Such lights help to avoid dazzling.

Industry/ Innovation/ Related News:

Oct, 2017- Denso Corporation focused on developing automated driving technologies that will help to deliver safe, reliable and flexible mobility for all people, as well as enable the efficient transportation of goods. DENSO also exhibited the fundamental products in areas such as the advanced driver assistance systems (ADAS) locator and in-vehicle V2X devices.

Sep, 2017- Delphi Automotive PLC signed a partnership agreement with LeddarTech to develop solid-state LiDAR technology. Delphi and LeddarTech proprietary signal processing technology, will collaborate to develop a low-cost, corner LiDAR solution.

Dec, 2016 - Autoliv, Inc. launched a learning, intelligent vehicle system to facilitate collaboration and shared control between driver and vehicle. This is done in order to attain trust and facilitate required safety in autonomous driving.

Sep, 2016 - WABCO Holdings Inc. and Mobileye N.V. entered into partnership to develop solutions for commercial vehicles that leverage advanced emergency braking ADAS functionalities and Mobileye’s REM technology that provides real-time data for precise localization and high-definition lane data.

Vehicle Intelligence System Market – Segmentation

The vehicle intelligence system market can be segmented in to two key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Vehicle Type - passenger vehicles, commercial vehicles

Segmentation by Road Scene Understanding- RTS (Road tracking system), RSD (Road sign detection system), NVS (Night vision system) and others

Segmentation by Advanced Driver Assistance & Monitoring – ACC (Adaptive cruise control system), BSD (Blind spot detection system), PA (Park assist system), TJA (Traffic jam assist system), DMS (Drowsiness monitoring system) and others

Segmentation by Regions: North America, Europe, APAC and Rest of the World.

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