Market Overview:
The global automotive wireless communication module market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for connected cars and the rising trend of autonomous vehicles. In terms of type, the C-V2X modules segment is expected to lead the market during the forecast period, owing to its ability to provide high-speed data transfer and low latency. By application, commercial vehicles are expected to lead the market during the forecast period, as they are increasingly being equipped with advanced safety features such as collision avoidance systems and lane departure warning systems.
Product Definition:
An automotive wireless communication module is a device that allows a vehicle to communicate with other vehicles and devices. This communication can take place over short or long distances, and it can be used for a variety of purposes, such as collision avoidance, traffic management, and even entertainment. The importance of an automotive wireless communication module lies in its ability to improve safety and efficiency on the road.
C-V2X Modules:
C-V2X modules are communication devices that help in enhancing safety and driving experience by providing adaptive cruise control, collision avoidance system, lane departure warning and autonomous parking. The market is expected to witness growth owing to increasing demand for enhanced connectivity features such as voice recognition systems used in smartphones.
Wi-Fi Modules:
Wi-Fi modules are small devices that enable wireless communication in automotive WCM (Wireless Communication Module). These modules work on the 2.4 GHz band and can connect two devices wirelessly. It is used to provide connectivity for smartphones, Bluetooth, media players, laptops and other portable devices within the vehicle.
Application Insights:
The commercial vehicle segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing adoption of these modules in heavy vehicles, such as trucks, buses, coaches among others. Moreover, introduction of new standards and regulations by various governments across countries will further boost industry growth over the coming years. For instance, Government Of India¢â‚¬â„¢s Ministry Of Road Transport And Highways (MoRTH) has announced plans to mandate V2V communication between heavy vehicles and mobile phones for safety purposes by 2020 so that drivers can alert each other about a danger ahead through text messages sent from their cellphones. Such initiatives are expected to drive demand for automotive wireless communication module market over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to early adoption of technologies and stringent regulations by government organizations. For instance, according to a study conducted by the University of Michigan Transportation Research Institute (UMTRI), every year, there are around 6 million fatal accidents across the globe which results into loss of human lives and damages property worth billions.
The Asia Pacific regional market is anticipated to grow at an exponential rate from 2018 to 2030 due high population density, increasing disposable income coupled with rising vehicle production especially in China, Japan, India among other developing nations.
Growth Factors:
- Increasing demand for automotive wireless communication modules from the Asia Pacific region due to the growth of the automotive industry.
- The increasing demand for advanced safety features in vehicles is driving the growth of the market for automotive wireless communication modules.
- The increasing use of connected cars and autonomous cars is fueling the growth of this market.
- The development of 5G technology is expected to provide a boost to this market in the coming years.
- Growing demand for vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Wireless Communication Module Market Research Report
By Type
C-V2X Modules, Wi-Fi Modules, 2G/3G/4G/5G Modules, NB-IoT Modules
By Application
Commercial Vehicle, Passenger Car
By Companies
u-blox, Fibocom, Telit, Sierra Wireless, Huawei, GosuncnWelink, MeiG Smart Technology, Murata, Gemalto, Quectel Wireless, u-blox, Neoway Technology, Winext Technology, Longsung Technology, Xiamen CHEERZING IoT Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Wireless Communication Module Market Report Segments:
The global Automotive Wireless Communication Module market is segmented on the basis of:
Types
C-V2X Modules, Wi-Fi Modules, 2G/3G/4G/5G Modules, NB-IoT Modules
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicle, Passenger Car
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- u-blox
- Fibocom
- Telit
- Sierra Wireless
- Huawei
- GosuncnWelink
- MeiG Smart Technology
- Murata
- Gemalto
- Quectel Wireless
- u-blox
- Neoway Technology
- Winext Technology
- Longsung Technology
- Xiamen CHEERZING IoT Technology
Highlights of The Automotive Wireless Communication Module Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- C-V2X Modules
- Wi-Fi Modules
- 2G/3G/4G/5G Modules
- NB-IoT Modules
- By Application:
- Commercial Vehicle
- Passenger Car
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Wireless Communication Module Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive wireless communication module is a small electronic device that allows vehicles to communicate with each other and with roadside infrastructure. This module can be used to control features such as headlights, taillights, and turn signals, as well as provide information about the vehicle's status (such as fuel level or temperature).
Some of the key players operating in the automotive wireless communication module market are u-blox, Fibocom, Telit, Sierra Wireless, Huawei, GosuncnWelink, MeiG Smart Technology, Murata, Gemalto, Quectel Wireless, u-blox, Neoway Technology, Winext Technology, Longsung Technology, Xiamen CHEERZING IoT Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Wireless Communication Module Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Wireless Communication Module Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Wireless Communication Module Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Wireless Communication Module Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Wireless Communication Module Market Size & Forecast, 2018-2028
4.5.1 Automotive Wireless Communication Module Market Size and Y-o-Y Growth
4.5.2 Automotive Wireless Communication Module Market Absolute $ Opportunity
Chapter 5 Global Automotive Wireless Communication Module Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Wireless Communication Module Market Size Forecast by Type
5.2.1 C-V2X Modules
5.2.2 Wi-Fi Modules
5.2.3 2G/3G/4G/5G Modules
5.2.4 NB-IoT Modules
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Wireless Communication Module Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Wireless Communication Module Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Wireless Communication Module Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Wireless Communication Module Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Wireless Communication Module Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Wireless Communication Module Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Wireless Communication Module Market Size Forecast by Type
9.6.1 C-V2X Modules
9.6.2 Wi-Fi Modules
9.6.3 2G/3G/4G/5G Modules
9.6.4 NB-IoT Modules
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Wireless Communication Module Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Car
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Wireless Communication Module Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Wireless Communication Module Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Wireless Communication Module Market Size Forecast by Type
10.6.1 C-V2X Modules
10.6.2 Wi-Fi Modules
10.6.3 2G/3G/4G/5G Modules
10.6.4 NB-IoT Modules
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Wireless Communication Module Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Car
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Wireless Communication Module Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Wireless Communication Module Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Wireless Communication Module Market Size Forecast by Type
11.6.1 C-V2X Modules
11.6.2 Wi-Fi Modules
11.6.3 2G/3G/4G/5G Modules
11.6.4 NB-IoT Modules
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Wireless Communication Module Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Car
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Wireless Communication Module Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Wireless Communication Module Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Wireless Communication Module Market Size Forecast by Type
12.6.1 C-V2X Modules
12.6.2 Wi-Fi Modules
12.6.3 2G/3G/4G/5G Modules
12.6.4 NB-IoT Modules
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Wireless Communication Module Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Car
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Wireless Communication Module Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Wireless Communication Module Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Wireless Communication Module Market Size Forecast by Type
13.6.1 C-V2X Modules
13.6.2 Wi-Fi Modules
13.6.3 2G/3G/4G/5G Modules
13.6.4 NB-IoT Modules
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Wireless Communication Module Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Car
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Wireless Communication Module Market: Competitive Dashboard
14.2 Global Automotive Wireless Communication Module Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 u-blox
14.3.2 Fibocom
14.3.3 Telit
14.3.4 Sierra Wireless
14.3.5 Huawei
14.3.6 GosuncnWelink
14.3.7 MeiG Smart Technology
14.3.8 Murata
14.3.9 Gemalto
14.3.10 Quectel Wireless
14.3.11 u-blox
14.3.12 Neoway Technology
14.3.13 Winext Technology
14.3.14 Longsung Technology
14.3.15 Xiamen CHEERZING IoT Technology
