Vehicle-To-Vehicle (V2V) Communication Market, By Connectivity Type (Cellular based technology, and DSRC), By Deployment Type (OEM devices, and Aftermarket devices), By Application (Traffic Safety, Traffic efficiency, Infotainment, payments and other appl

Vehicle-To-Vehicle (V2V) Communication Market, By Connectivity Type (Cellular based technology, and DSRC), By Deployment Type (OEM devices, and Aftermarket devices), By Application (Traffic Safety, Traffic efficiency, Infotainment, payments and other applications), By End-use (Passenger Cars, and Commercial Vehicles), and Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

V2V communication technology refers to systems which allows automobiles to communicate with each other to improve awareness of surrounding environment, and provide information regarding the future movements such as braking, speeding, halt, accident of the nearby vehicles. This helps to eliminate threat of accidents caused from blind spots, and enhances user safety. A large number of accidents occurring due to human errors can be significantly reduced with the utilization of these systems, which is expected to drive growth of the V2V communication market over the forecast period.
Market Dynamics
One of the primary factors driving growth of the V2V communication market includes enhanced safety through avoidance of collisions that can be identified by these systems. However, the industry growth is expected to be considerably hindered by the lack of adoption of uniform communication standards. These systems cannot ensure user safety until most vehicles adopt similar transmission equipment, for efficiency of information exchange. Thus, proliferation of the technology is expected to be largely dependent on the establishment of the regulatory standards to mandate installation of car to car communication systems.
Market Taxonomy
This report segments the global V2V communication market on the basis of connectivity type, deployment type, application, end-use and region. On the basis of connectivity, the global V2V communication market is classified into DSRC, and cellular based technologies. Deployment of V2V communication system includes installations in OEM devices and aftermarket devices. Application of the V2V communication market includes traffic safety, traffic efficiency, and infotainment, payment and other applications. On the basis of the end-use, V2V communication market is segmented into passenger cars and commercial vehicles.
Key features of the study:
This report provides in-depth analysis of V2V communication market and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global V2V communication market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Audi, Autotalks Ltd, Cisco Systems Inc., Delphi Automotive PLC, Denso Corporation, Ford Motor Co., General Motors, Harman International Industries Inc., Infineon Technologies AG, Kapsch TrafficCom (Kapsch), Lear Corporation, Mercedes-Benz, Qualcomm Technologies Inc., Savari Inc., and Toyota Vacaville
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansions, and marketing tactics
The global V2V communication market report caters to various stakeholders in this industry including investors, suppliers, OEM manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the V2V communication market
Detailed Segmentation:
Global V2V Communication Market, By Connectivity Type:
Cellular based technologies
DSRC
Global V2V Communication Market, By Deployment Type:
OEM devices
Aftermarket devices
Global V2V Communication Market, By Application:
Traffic safety
Traffic efficiency
Infotainment, payments and other applications
Global V2V Communication Market, By End-use:
Passenger Cars
Commercial Vehicles
Global V2V Communication Market, By Region:
North America
By Connectivity Type
Cellular based technologies
DSRC
By Deployment Type:
OEM devices
Aftermarket devices
By Application:
Traffic safety
Traffic efficiency
Infotainment, payments and other applications
By End-use:
Passenger Cars
Commercial Vehicles
By Country:
U.S.
Canada
Europe
By Connectivity Type
Cellular based technologies
DSRC
By Deployment Type:
OEM devices
Aftermarket devices
By Application:
Traffic safety
Traffic efficiency
Infotainment, payments and other applications
By End-use:
Passenger Cars
Commercial Vehicles
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Connectivity Type
Cellular based technologies
DSRC
By Deployment Type:
OEM devices
Aftermarket devices
By Application:
Traffic safety
Traffic efficiency
Infotainment, payments and other applications
By End-use:
Passenger Cars
Commercial Vehicles
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Connectivity Type
Cellular based technologies
DSRC
By Deployment Type:
OEM devices
Aftermarket devices
By Application:
Traffic safety
Traffic efficiency
Infotainment, payments and other applications
By End-use:
Passenger Cars
Commercial Vehicles
By Country:
Brazil
Mexico
Rest of Latin America
Middle East & Africa (MEA)
By Connectivity Type
Cellular based technologies
DSRC
By Deployment Type:
OEM devices
Aftermarket devices
By Application:
Traffic safety
Traffic efficiency
Infotainment, payments and other applications
By End-use:
Passenger Cars
Commercial Vehicles
By Country:
South Africa
GCC Countries
Rest of Middle East & Africa (MEA)
Company Profiles
*Audi
Company Overview
Geographic Presence
Financial Overview
Business Strategies
Key Developments
Autotalks Ltd
Cisco Systems Inc.
Delphi Automotive PLC
Denso Corporation
Ford Motor Co.
General Motors
Harman International Industries Inc.
Infineon Technologies AG
Kapsch TrafficCom (Kapsch)
Lear Corporation
Mercedes-Benz
Qualcomm Technologies Inc.
Savari Inc.
Toyota Vacaville
“*” marked represents similar analysis for all the companies mentioned in company profile section