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Connected Car Devices Market Growth Overview, Revenue , Scope, Future Trends, SWOT Analysis, and Forecast to 2027,Focusing on top key players- Continental AG, Delphi Technologies, Denso Corporation, Infineon Technologies AG, Magna International Inc., Pana

10-13-2020 08:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Connected Car Devices Market

Connected Car Devices Market

Connected car devices assist in monitoring vehicles and drivers. These devices update owners and fleet managers about the emissions, vehicle performance, vehicle maintenance, on-board diagnostics (OBD), pertaining to fuel economy index, etc. Also, it provides GPS tracking and real-time alerts. Increasing concerns and awareness regarding safety and high demand for advanced system and safety features in vehicles are driving the growth of the connected car devices market.

Growth in road accidents and stringent safety norms by governments and international organizations results is a growing demand for the connected car devices market. However, a lack of infrastructure to support connectivity is the key hindering factor for the growth of the connected car devices market. Rising demand for advanced technologies in vehicles such as navigation services, streaming, remote diagnostics is also fueling the growth of the connected car devices market. Further, supporting government laws for connectivity and telematics in automobiles and increasing penetration of telecommunication services in the automotive industry is expected to boom the growth of the connected car devices market.

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Key Players:
1. Continental AG
2. Delphi Technologies
3. Denso Corporation
4. Infineon Technologies AG
5. Magna International Inc.
6. Panasonic Corporation
7. Robert Bosch GmbH
8. Valeo
9. Visteon Corporation
10. ZF Friedrichshafen AG

Major Features of Connected Car Devices Market Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Connected Car Devices market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Connected Car Devices market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
•Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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The global connected car devices market is segmented on the basis of communication type, product type, vehicle type. On the basis of communication type the market is segmented as vehicle to vehicle, vehicle to infrastructure, vehicle to pedestrian, others. On the basis of product type the market is segmented as driver assistance system, telematics, others. On the basis of vehicle type the market is segmented as passenger cars, commercial vehicles.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Connected car devices market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The connected car devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

Sameer Joshi
Call: US: +1-646-491-9876, Apac: +912067274191
Email: sales@premiummarketinsights.com

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