V2V Communication technology refers to the systems that enable communication of automotive with each other to provide improved awareness of the surrounding environment and information regarding the future actions of the nearby vehicles. This helps in the elimination of accident threats from the blind spots and enhances user safety.
Scope of the Report:This report studies the Vehicle-To-Vehicle (V2V) Communication market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Vehicle-To-Vehicle (V2V) Communication market by product type and applications/end industries.
OEMs are increasingly participating with government agencies to develop uniform communication standards across the regions. Moreover, these companies are also pushing the government bodies to develop mandates for the technology adoption.
The global Vehicle-To-Vehicle (V2V) Communication market is valued at 190 million USD in 2020 and is expected to reach 1810 million USD by the end of 2026, growing at a CAGR of 46.0% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Vehicle-To-Vehicle (V2V) Communication.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers General Motors
Daimler AG
Toyota
Delphi Automotive PLC
Harman International Industries, Inc
Mobileye NV
Ford Motor Co.
Honda
Nissan
Volkswagen
Audi
Hyundai
Kia
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Cellular based technology
DSRC
Market Segment by Applications, can be divided into Passenger Cars
Commercial Vehicles
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
