Global Vehicle Intelligence Systems Market is expected to rise from its initial estimated value of USD 14.21 billion in 2018, to a projected value of USD 36.35 billion by 2026, registering a CAGR of 12.46% in the forecast period of 2019-2026. This rise in market value can be attributed to the enhancement of overall vehicle performance and functionality of the vehicle with the application of the system.
Major insights of the report are complete and distinct analysis of the market drivers and restraints, major market players involved like industry, detailed analysis of the market segmentation and competitive analysis of the key players involved. By taking into account specific base year and historic year, calculations in the report have been performed which interprets the market performance in the forecast years by giving information about what the market definition, classifications, applications, and engagements are. The data and information included in this market report helps industry take sound decisions and plan about the advertising and sales promotion strategy more successfully.
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Major Key Market Competitors
Delphi Technologies; Mobileye; Valeo; Infineon Technologies AG; Continental AG; Autoliv Inc.; DENSO CORPORATION; Magna International Inc.; Robert Bosch GmbH; Atos SE; WABCO; INSIA; VEHiQA; NVIDIA Corporation; Stoneridge, Inc.; Tenneco Inc. and VSI Labs are few of the major competitors currently present in the market.
Vehicle intelligence systems is inclusive of all the electrical and mechanical components that are incorporated with a controlling device and receivers so that all of the information gathered through the components can be monitored and helps in providing precision functioning of the entire vehicle and enhances the performance.
Market Drivers and Restraints:
- Presence of strict regulations from various authorities and governments regarding the precautions and implementation of safety technologies
- Complications associated with the integration as there is a lack of knowledge in aftermarket automotive market for the systems; this factor is expected to restrain the market growth
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- Company Landscape
- Company Profiles
- Related Reports
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This report contains wide-ranging and comprehensive market insights which are based on business intelligence. This market report provides statistics on the current state of the industry as a helpful source of assistance and direction for companies and investors interested in this market. It is expected to witness growth during the forecast period due to growing demand at the end user level. The report puts a light on several aspects related to industry and market.
Market Segmentation: Global Vehicle Intelligence Systems Market
By Road Scene Understanding (RTS,RSD, NVS, PDS)
By Advanced Driver Assistance & Driver Monitoring (ABS, ACC, Blind Spot Detection System, PA, TJA, Drowsiness Warning/Alertness Sensing System)
By Component (Sensors, Processors, Analog Integrated Circuits, Memory)
By Vehicle Type (Passenger Cars, Commercial Vehicle)
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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