Connected Car Devices Market Have High Growth But May Foresee Even Higher Value

The latest research study released by AMA on the Connected Car Devices Market offers over 233+ pages of analysis on business strategies employed by key and emerging industry players. It provides insights into current market developments, landscape, technologies, drivers, opportunities, market outlook, and status. The market study is segmented by key regions driving market growth. The Connected Car Devices study combines qualitative and quantitative market data, primarily collected and validated through primary and secondary sources. Some are the key & emerging players that are part of coverage and have being profiled are Continental AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Harman International Industries (United States), Panasonic Corporation (Japan), Valeo S.A. (France), Magna International Inc. (Canada) and Infineon Technologies AG (Germany).

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A connected car is a vehicle that has internet access, allows the devices, both inside and outside the car, to interact with each other. This allows the user to reach a destination quickly, safely, and in a cost-efficient manner. It communicates with the traffic signals and the road infrastructure too, a smart car can slow down before reaching a signal. These devices also update private automobile owners and fleet managers about their vehicles' performance, pertaining to fuel economy index, emissions, on-board diagnostics (OBD), vehicle maintenance, and recalls. Rising occurrences of vehicle theft, and a robust spike in the number of road accidents, particularly due to unsafe driving habits, such as over-speeding, hard cornering are the major factors that are driving the market of connected car devices. Apart from the aforementioned drivers, vehicle connectivity has also gained traction, due to the preference of in-car Wi-Fi hotspots and data services, for providing infotainment facilities.

Opportunities:
• Increasing Popularity of Automation in the Automotive Sector
• Emergence of Various Technologies Such as 5G and AI

Influencing Market Trend
• Increasing Incidence of Vehicle Theft and Road Accidents

Market Drivers
• Advancements in IoT, Wireless Communication, and Smartphone Technology
• Rise in Adoption of Mobile Phones and Use of Internet Connectivity
• Government Initiative to Boost the Adoption of V2X Technology

Challenges:
• Cybersecurity is the Major Challenge in Connected Car Devices

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Analysis by Type (Das, Telematics), Application (PC, LCV, HCV), Sales (Retrofit, Built In, Embedded, Tethred, Smart Phone), Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), Communication Technology (Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Vehicle (V2V))

Competitive Landscape Highlighting Important Parameters That Players Are Gaining Along With the Market Development/Evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Continental AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Harman International Industries (United States), Panasonic Corporation (Japan), Valeo S.A. (France), Magna International Inc. (Canada), Infineon Technologies AG (Germany)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players

The regional analysis of Global Connected Car Devices Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2032.

Regulatory Insights: According to NHTSA (National Highway Traffic Safety Administration), about 94% of the accidents occurring on the US roadways can be attributed to human choice or error; errors including drunken driving, speeding, and others. Every year, approximately 1.3 million people die in road traffic accidents; a further 20-50 million are injured. The latest technologies such as new safety devices, connected and autonomous vehicles, and intelligent transportation systems with their associated infrastructure and systems are likely to improve and reduce road accidents.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

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Highlights of The Report
• The future prospects of the global Connected Car Devices market during the forecast period 2024-2032 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Connected Car Devices market.

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About Author: Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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