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Vehicle Intelligence Systems Market by Road Scene Understanding , Advanced Driver Assistance & Monitoring , Component, Vehicle Type , and by Region - Industry Trends and Forecast to 2021

Vehicle Intelligence Systems Market: Forecast until 2021

  • June 2016
  • 162 pages
  • ID: 3912482
In this report:
The growing awareness regarding vehicle safety in developing countries is expected to significantly boost the vehicle intelligence systems market in the near future.
The global vehicle intelligence systems market is projected to grow at a CAGR of ##.##% from 2016 to 2021, to reach a market size of USD ##.## billion by 2021.


Table of Contents

The overall vehicle intelligence systems market is estimated to rise at a compound annual growth rate of ~12.2 percent from 2016 to 2021, to attain a market size of ~$20.1B by 2021. Top factors driving the increase of this market contain the increasing need for enhanced driver, passenger, and pedestrian safety, quick urbanization, growing luxury car sales, and stringent safety norms.

"Advanced driver assistance and driver monitoring: Largest market segment"

Advanced driver assistance and driver monitoring systems are primarily used to assist the driver and enhance the driving experience. Safety regulations related to the automotive sector were initially lenient, but the growing number of accidents have led to these regulations becoming progressively stringent. The increasing awareness regarding vehicle safety in developing countries is anticipated to significantly boost the vehicle intelligence systems market in the upcoming future. The increasing trend of installing vehicle intelligence technologies and rising safety concerns relating to vehicles will likely drive the sector for advanced driver assistance and driver monitoring systems.

"Europe (EU): Highest increase rate for overall vehicle intelligence systems"

The European vehicle intelligence systems market is projected witness the more important rise during the outlook period. In this analysis, the european area comprises three main countries-that is, Germany (DE), France (FR), and the U.K. The area is leaded by, is monopolized by luxury and premium car manufacturers including BMW AG, Daimler AG, Audi AG, Fiat, and Volkswagen Group. As vehicle intelligence systems are predominantly featured in premium and luxury vehicles, EU affords promising opportunities for intelligence system manufacturers. On top of, the territory is subjected to rigorous emission and safety norms, which would propel the increase of the vehicle intelligence systems market.

The market research includes industry insights specified by different market experts, ranging from material suppliers to Tier-1 firms and Original equipment manufacturers.

The break-up of the primaries is like:

• By Company category - Tier-1 -38.0 percent, Tier-2 - 35.0 percent, OEM - 19.0 percent, and Others - 8.0 percent

• By Description - C-suite - 49.0 percent, D-suite - 34.0 percent, and Others - 17.0 percent

• By Area - North America continent - 31.0 percent, and Europe (EU) - 25.0 percent, Oceania/Asia - 44.0 percent

The overall vehicle intelligence systems market is leaded by, is monopolized by a few globally established actors, including Continental (CON), Denso Corp (TYO:6902), Delphi Automotive PLC, Robert Bosch (RBOS), and Autoliv Inc.. Key increase strategies approved by these actors contain new product improvement, alliances, strategic agreements, joint ventures (JV), and supply contracts.

Why Purchasing This Study Can Help You:

This industry report includes several levels of analysis, including industry review, sector trends, and company descriptions, which together comprise and examine the basic overviews on the emerging and high-growth segments of the vehicle intelligence systems market, opposing landscape, high-growth areas and territories, government actions, and market dynamics including drivers, market restraints, alternatives, and opportunities.

The industry report allows new sector entrants/smaller companies to comprehend the industry better, thereby helping them to acquire a larger market share. Companies obtaining the study could use any one or an aggregation of the below-mentioned four strategies (industry development, product improvement/innovative projects, industry diversification, and opposing assessment) to enhance their rank in the sector.

The analysis offers business insights with reference to the following points:

-Market Development: Highlighted information about profitable emerging sectors. The market research examines the industry for vehicle intelligence systems market across localities.

-Product Development/Innovative products: In-depth understanding into Research&development activities, up-on-coming technologies, and recent product launches in the overall vehicle intelligence systems market.

-Market Diversification: Exhaustive information about untapped sectors, market investments, recent products, and recent evolutions in the overall vehicle intelligence systems market.

-Competitive Assessment: Detailed assessment of strategies, products, and manufacturing competences of key players in the sector.

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