Press release
Vehicle-to-Vehicle (V2V) Communication Market Study Report – Analogy, Features, Advancements, Application, Device Types, Company Profiles and Strategies Forecasted to 2025
Vehicle-to-Vehicle (V2V) Communication
Through this technology, cars are able to transmit speed, position, brake status, steering wheel position, and others.
The broadcasted information will help in reducing accidents by alerting drivers about potential dangers. The evolution of this technology will mark a significant milestone in development of driverless cars.
Potential applications in collision warning, lane change warning, blind spot detection, control loss warning, emergency brake light warning, and no pass are expected to create new avenues in the industry. As vehicles will be generating a huge amount of data, it also opens up new avenues for data related industries.
Reduced transport time and fuel consumption and contribution to improvement of the environment would result in the growth of the global vehicle-to-vehicle (V2V) market.
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Key Manufacturers operating in the global vehicle-to-vehicle communication market
BMW Group
General Motors
Daimler AG
Toyota
Delphi
Volkswagen group
Autotalks Limited
eTrans Systems
Honda
Audi
Volvo
Denso Corp
Qualcomm, and others
These key manufacturers have adopted strategies, such as collaborations, new product launches, merger & acquisition, expansion, partnerships, joint ventures, and others to strengthen their position in the industry.
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The global vehicle-to-vehicle communication market is Segmented based on Device Type and Geography.
Device types are divided on the basis of Aftermarket Device - OEM Device, and Infrastructure Base Device.
The market is further classified on the basis of Geography into North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa.
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