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Vehicle-To-Vehicle (V2V) Communication Market Size | Growth, Share, Industry Analysis

06-27-2020 07:14 AM CET | Media & Telecommunications

Press release from: Valuates Reports

Vehicle-To-Vehicle (V2V) Communication Market Size | Growth,

In 2018, 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% between 2019 and 2025.

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.

Get Detailed Analysis of COVID-19 Impact on V2V Communication Market:

This report studies the Vehicle-To-Vehicle (V2V) Communication market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

View Full Report:

This report focuses on the global top players, covered

o General Motors
o Daimler AG
o Toyota
o Delphi Automotive PLC
o Harman International Industries, Inc
o Mobileye NV
o Ford Motor Co.
o Honda
o Nissan
o Volkswagen
o Audi
o Hyundai
o Kia

Market segment by Regions/Countries, this report covers

o North America
o Europe
o China
o Rest of Asia Pacific
o Central & South America
o Middle East & Africa

Market segment by Type, the product can be split into

o Cellular based technology

Market segment by Application, the market can be split into

o Passenger Cars
o Commercial Vehicles

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