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What's driving the Vehicle-to-vehicle Communication Market Revenue? Kia, Daimler AG, Hyundai, General Motors, Audi, Toyota, Volkswagen, Delphi Automotive PLC, Nissan, Honda, Harman International Industries, Inc., Ford Motor Co., and Mobileye NV.

05-05-2020 08:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Study Report LLC

What's driving the Vehicle-to-vehicle Communication Market

Market Study Report Has Added A New Report On Vehicle-to-vehicle Communication Market That Provides A Comprehensive Review Of This Industry With Respect To The Driving Forces Influencing The Market Size. Comprising The Current And Future Trends Defining The Dynamics Of This Industry Vertical, This Report Also Incorporates The Regional Landscape Of Homomorphic Encryption Market In Tandem With Its Competitive Terrain.

The prominent manufacturers operating in V2V communication market include Kia, Daimler AG, Hyundai, General Motors, Audi, Toyota, Volkswagen, Delphi Automotive PLC, Nissan, Honda, Harman International Industries, Inc., Ford Motor Co., and Mobileye NV.

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According to the new research available at MarketStudyReport.com under the title 'Global Vehicle-To-Vehicle (V2V) Communication Market Size, Status and Forecast 2019-2025', the worldwide vehicle-to-vehicle (V2V) communication market is anticipated to amass US $3810 million by the year 2025.

Vehicle-to-vehicle (V2V) communication technology permits communication of motorized vehicles with each other to offer enhanced awareness of the surrounding environment and information related to the future actions of the other vehicles. This helps in avoiding accidents at blind spots and improves user safety.

Increasing number of road accident casualties and subsequent damage and medical cost is compelling the government to regulate automotive industry and take initiatives to improve road safety. Original equipment manufacturers are continuously participating with government authorities for the advancement of vehicular communication technology, thereby augmenting the V2V communication market growth.

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AS per the report, vehicle-to-vehicle communication market was worth US $190 million in 2019 and is anticipated to increase at a CAGR of 45.8% by the year 2025. The report also offers a comprehensive insight about the segmental shares, trends, drivers, challenges, and opportunities impacting the industry growth.

The worldwide V2V communication market is examined on the basis of product type, application spectrum and regional landscape. Based on the product type, the market is fragmented as dedicated short-range communication (DSRC) and cellular based technology.

Considering the application spectrum, the market is segmented as commercial vehicles and passenger cars. While speaking of the regional landscape, vehicle-to-vehicle communication market is analyzed for regions, namely, Europe, United States, China, Southeast Asia, Japan, Central & South America, and India.

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.

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Vehicle-To-Vehicle (V2V) Communication Market Size Growth Rate by Type (2014-2025)
1.4.2 Cellular based technology
1.4.3 DSRC
1.5 Market by Application
1.5.1 Global Vehicle-To-Vehicle (V2V) Communication Market Share by Application (2014-2025)
1.5.2 Passenger Cars
1.5.3 Commercial Vehicles
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Vehicle-To-Vehicle (V2V) Communication Market Size
2.2 Vehicle-To-Vehicle (V2V) Communication Growth Trends by Regions
2.2.1 Vehicle-To-Vehicle (V2V) Communication Market Size by Regions (2014-2025)
2.2.2 Vehicle-To-Vehicle (V2V) Communication Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Vehicle-To-Vehicle (V2V) Communication Market Size by Manufacturers
3.1.1 Global Vehicle-To-Vehicle (V2V) Communication Revenue by Manufacturers (2014-2019)
3.1.2 Global Vehicle-To-Vehicle (V2V) Communication Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Vehicle-To-Vehicle (V2V) Communication Market Concentration Ratio (CR5 and HHI)
3.2 Vehicle-To-Vehicle (V2V) Communication Key Players Head office and Area Served
3.3 Key Players Vehicle-To-Vehicle (V2V) Communication Product/Solution/Service
3.4 Date of Enter into Vehicle-To-Vehicle (V2V) Communication Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Vehicle-To-Vehicle (V2V) Communication Market Size by Type (2014-2019)
4.2 Global Vehicle-To-Vehicle (V2V) Communication Market Size by Application (2014-2019)

5 United States
5.1 United States Vehicle-To-Vehicle (V2V) Communication Market Size (2014-2019)
5.2 Vehicle-To-Vehicle (V2V) Communication Key Players in United States
5.3 United States Vehicle-To-Vehicle (V2V) Communication Market Size by Type
5.4 United States Vehicle-To-Vehicle (V2V) Communication Market Size by Application

6 Europe
6.1 Europe Vehicle-To-Vehicle (V2V) Communication Market Size (2014-2019)
6.2 Vehicle-To-Vehicle (V2V) Communication Key Players in Europe
6.3 Europe Vehicle-To-Vehicle (V2V) Communication Market Size by Type
6.4 Europe Vehicle-To-Vehicle (V2V) Communication Market Size by Application

7 China
7.1 China Vehicle-To-Vehicle (V2V) Communication Market Size (2014-2019)
7.2 Vehicle-To-Vehicle (V2V) Communication Key Players in China
7.3 China Vehicle-To-Vehicle (V2V) Communication Market Size by Type
7.4 China Vehicle-To-Vehicle (V2V) Communication Market Size by Application

8 Japan
8.1 Japan Vehicle-To-Vehicle (V2V) Communication Market Size (2014-2019)
8.2 Vehicle-To-Vehicle (V2V) Communication Key Players in Japan
8.3 Japan Vehicle-To-Vehicle (V2V) Communication Market Size by Type
8.4 Japan Vehicle-To-Vehicle (V2V) Communication Market Size by Application

9 Southeast Asia
9.1 Southeast Asia Vehicle-To-Vehicle (V2V) Communication Market Size (2014-2019)
9.2 Vehicle-To-Vehicle (V2V) Communication Key Players in Southeast Asia
9.3 Southeast Asia Vehicle-To-Vehicle (V2V) Communication Market Size by Type
9.4 Southeast Asia Vehicle-To-Vehicle (V2V) Communication Market Size by Application

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