Press release
Vehicle Intelligence System Market 2019 by Global Leaders Analysis: Denso, Delphi Automotive PLC, Autoliv, Magna International, Robert Bosch, Mobileye NV
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 2022Market Scenario
Vehicle Intelligence Systems (VIS) is installed in vehicles to ensure the safety of the driver, the passengers, and pedestrians. VIS analyzes the vehicle functioning thereby avoiding potential danger with other vehicles. Upon the installation of VIS, vehicles exchange the information using a two way communication system. The lanes of the automated highways are having a computer controlled system which notify the drivers of the traffic jam, provides parking assistance and avoids collision.
On the basis of vehicle type, commercial vehicle segment is expected to dominate the global vehicle intelligence system market due to the need for enhanced safety of commercial vehicles because these vehicle are meant for long distance travelling. The use of VIS in commercial vehicles, which hold a major opportunity for manufactures to increase their market share, is limited. On the basis of road scene understanding, road tracking system (RTS) is expected to dominate the market due to the increase in demand for intelligence systems. This is because of the rising vehicle production and increase in the road accidents. Based on advanced driver assistance & monitoring, park assist (PA) segment is expected to dominate the market due to the low cost of integration in all vehicle segments.
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Segmental Analysis
The segmentation of the vehicle intelligence system market is carried out on the basis of vehicle type, road scene understanding, advanced driver assistance & monitoring and region. On the basis of vehicle type, the vehicle intelligence system market is segmented on the basis of commercial vehicles and passenger cars. Based on road scene understanding, the vehicle intelligence system market is segmented into RSD, RTS, NVS, and others. On the basis of advanced driver assistance & monitoring, the vehicle intelligence system market is segmented into BSP, PA TJA, ACC, DMS, and others. The regions that are included in the vehicle intelligence system market are Asia Pacific, North America, Europe and the rest of the world.
Detailed Regional Analysis
The regional analysis of the vehicle intelligence system includes regions such as Asia Pacific, North America, Europe and rest of the world. The European region is anticipated to have the principal market share through the forecast period owing to the incidence of key automotive companies in this region. Furthermore, there is an upsurge in demand for the vehicle intelligence system in countries such as Germany, U.K., and France owing to the incidence of luxury and premium vehicles in the region. In the Asia Pacific region, nations such as Japan, India, South Korea, and China are the significant leaders for the development of this region owing to the growth in demand for luxury vehicles and the growth in the automotive manufacturers operating in the region.
Competitive Analysis
The market contestants find themselves in a promising position with the capacity to handle the pace of change. The market trends indicate favorable growth of the products that can bring in improvements to the product range and tackle the customer need better. The market has the elements for displaying a better comparative or differential value. The incidence of productive units is projected to generate more sales or greater margins as compared to its market adversaries. The commencement of new technology is furthering the growth capability of the market. Considerable reductions in administrative finances are bringing more developments to the market. The making of a strong value chain is additionally encouraging the development of the market.
The strategic competitors in the Vehicle Intelligence System Market globally are Infineon Technologies AG (Germany), Denso Corporation (Japan), Autoliv Inc. (Sweden), Mobileye NV (Israel), Robert Bosch GmbH (Germany), Magna International Inc. (Canada), Continental AG (Germany), Delphi Automotive PLC (U.K.), Wabco Holdings Inc. (Belgium), and Valeo SA (France).
Table of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Vehicle Intelligence System Market, By Vehicle Type
5 Global Vehicle Intelligence System Market, By Road Scene Understanding
6 Global Vehicle Intelligence System Market, By Advanced Driver Assistance & Monitoring
7 Regional Market Analysis
8 Competitive Analysis
Continued…….
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