Press release
Vehicle-To-Vehicle (V2V) Communication Market, Current Trends, Sales, Shares And New Opportunities Report 2022 - 2026
‘New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2022https://www.thebusinessresearchcompany.com/global-market-reports
Vehicle-To-Vehicle (V2V) Communication Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The vehicle-to-vehicle (V2V) communication market research report helps gain a truly global perspective of the vehicle-to-vehicle (V2V) communication industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.
The regions covered in the vehicle-to-vehicle (V2V) communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest vehicle-to-vehicle (V2V) communication market share.
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The vehicle-to-vehicle (V2V) communication market consists of sales of V2V communications technology by entities (organizations, sole traders, and partnerships) that enable wireless transmission of data between the two vehicles about their speed, location, and heading. V2V communication technology enables automobiles to send and receive Omni-directional data (up to 10 times per second), giving them a 360-degree knowledge of other vehicles. Vehicle to vehicle communication makes the user identify the threats and determine potential crash threats. To warn drivers, the technology can provide visual, tactile, and aural indicators or a mix of these signals. These warnings give drivers the potential to take action to avoid collisions.
Key competitors in the vehicle-to-vehicle (V2V) communication market include General Motors, Daimler AG, Toyota Motor Corporation, Volkswagen Group, Harman International Industries, Mobileye, Ford Motor Company, Bayerische Motoren Werke AG, Audi AG, Mercedes-Benz, Qualcomm, Cisco Systems Inc, Autotalks, DENSO Corporation, Arada Systems Inc, Nissan Motor Co.Ltd, Honda Motor Company Ltd, and Lear Corporation.
The global vehicles in the vehicle-to-vehicle (V2V) communication market size is expected to grow from $16.98 billion in 2021 to $19.98 billion in 2022 at a compound annual growth rate (CAGR) of 17.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The V2V communication market size is expected to reach $32.90 billion in 2026 at a CAGR of 13.3%.
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TBRC’s report segments the global vehicle-to-vehicle (V2V) communication market:
1) By Vehicle Type: Passenger Cars, Commercial Vehicles
2) By Connectivity: Dedicated Short-Range Communication (DSRC), Cellular
3) By Deployment Type: Original Equipment Manufacturer (OEM) Devices, Aftermarket Devices
4) By Application: Traffic Safety, Traffic Efficiency, Infotainment, Payments, Others
Read Further On The Vehicle-To-Vehicle (V2V) Communication Market Here:
https://www.thebusinessresearchcompany.com/report/vehicle-to-vehicle-communication--global-market-report
The Table of Contents includes:
1. Executive Summary
2. Vehicle-to-Vehicle (V2V) Communication Market Characteristics
3. Vehicle-to-Vehicle (V2V) Communication Market Trends And Strategies
4. Impact Of COVID-19 On Vehicle-to-Vehicle (V2V) Communication
5. Vehicle-to-Vehicle (V2V) Communication Market Size And Growth
.....
27. Vehicle-to-Vehicle (V2V) Communication Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vehicle-to-Vehicle (V2V) Communication Market
29. Vehicle-to-Vehicle (V2V) Communication Market Future Outlook and Potential Analysis
30. Appendix
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