Press release
Telematics Control Unit Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
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Telematics is communication technology, for the automobile end-use industry, which is based on information flowing to and generated from vehicles via wireless networks. Telematics helps keep the driver as well as passenger safer, gives real-time directions and re-routing in case of a traffic jam. It also auto dials an emergency number if a vehicle is in an accident, along with others. It is the result of the convergence of location technology, wireless communications, and in-vehicle electronics.
The global telematics control unit market analysis includes some of the key market players such as LG Electronics Inc., Harman International (Samsung Electronics Co. Ltd), Robert Bosch GmbH, Continental AG, and Denso Corporation, among others. To maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.
Recent Developments:
• In January 2020, in CSE 2020, Samsung Electronics Co. Ltd announced that it partnered with BMW to showcase its new approach to enhance its mobility by leveraging its first commercialized 5G TCU (Telematics Control Unit). Furthermore, the group reported that BMW AG and 2021's BMW iNEXT might be equipped with its 5G technology to serve ever-changing demands from the automotive market.
• In December 2019, DENSO Corporation (DENSO) and NTT Communications Corporation (NTT Com) completed its strategic agreement to introduce Vehicle Security Operation Center (V-SOC) technology for monitoring and analyzing any vehicle's security status. Moreover, this new technology can detect cyberattacks, thereby improving the overall security of any vehicle.
Global Telematics Control Unit Market by Segment
By Type
• Embedded OEMs
• Aftersales
By Application
• Safety and Security
• Information and Navigation
• Other Applications
A full report of Telematics Control Unit Market available @ https://www.omrglobal.com/industry-reports/telematics-control-unit-market
Telematics Control Unit Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• LG Electronics Inc.
• Harman International (Samsung Electronics Co. Ltd)
• Robert Bosch GmbH
• Continental AG
• Denso Corporation
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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