Market Overview:
The global Vehicle to Vehicle Communications (V2V) market is expected to grow at a CAGR of xx% during the forecast period from 2018-2030. The market growth can be attributed to the increasing demand for safety features in vehicles and rising awareness about the benefits of V2V communications. The global V2V communications market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into transmitter and receiver. The transmitter segment is expected to hold a larger share in terms of revenue than the receiver segment duringthe forecast period owingto its higher adoption rate across various applications.
Product Definition:
Vehicle to Vehicle Communications (V2VC) is the term used for wireless communication between vehicles. It is important because it allows vehicles to share information with each other, such as their location and speed, which can help to improve safety.
Transmitter:
Transmitter is a device used in Vehicle to Vehicle (V2V) communications for enabling two-way communication between vehicles. It helps in enhancing the safety of road traffic by preventing accidents caused due to lack of communication between vehicles. The transmitter plays an important role as it enables vehicle owners to take precautionary measures such as changing lanes, avoiding other obstacles and avoiding collisions with other vehicles.
Receiver:
Receiver and it's usage in Vehicle to Vehicle Communications market is a technology that enables two-way communication between mobile phones and vehicles. It helps drivers to receive calls, messages or updates from their friends while driving. The receiver functions as an external antenna for the vehicle’s Bluetooth connectivity which makes it easier for users to access the device even when there is no signal.
Application Insights:
The V2V communication technology is used in a variety of applications including forward collision warning, blind spot warning, lane change warning, emergency brake light warning, control loss warning and no pass warn. Among all the applications controlled loss of vehicle was the most prominent one in 2016. The use of this technology helps to avoid accidents by providing early warnings about vehicles traveling ahead that are likely to impact the driver¢â‚¬â„¢s field of vision causing blindness on turn or when changing lanes.
The FCAW application segment accounted for a major market share in 2016 owing to its rising adoption across various automotive manufacturers such as Mercedes-Benz, BMW Group Automotive Systems Germany GmbH & Co., Audi AG and Ford Motor Company for safety purposes along with government mandates encouraging its installation at national level.
Regional Analysis:
The North American regional market dominated the global vehicle to vehicle communications industry in 2016. The region is expected to maintain its dominance over the forecast period owing to increasing adoption of V2V systems and growing demand for advanced driver assistance systems (ADAS) in U.S. Furthermore, presence of key automotive manufacturers such as General Motors, Ford and Tesla has increased awareness about these safety systems among customers resulting in higher sales of vehicles equipped with V2V communication system.
Asia Pacific is anticipated to be the fastest-growing regional market from 2017 to 2030 due both internal growth within countries as well as expansion through acquisitions & partnerships by major players operating in this region. For instance, In April 2017, Continental AG announced that it had acquired a majority stake ownership interest of Singapore based startup Sensys Technologies Ltd.
Growth Factors:
- Increasing demand for safety and security in vehicles
- Government regulations for vehicle safety
- Development of new technologies and applications
- Growing demand for connected cars and autonomous vehicles
- Proliferation of 5G networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle to Vehicle Communications Market Research Report
By Type
Transmitter, Receiver
By Application
Forward Collision Warning, Blind Spot Warning, Lane Change Warning, Emergency Brake Light Warning, Control Loss Warning, No Pass Warning
By Companies
BMW Group, Daimler AG, General Motors, Toyota, Volkswagen group, Delphi, Autotalks Limited, eTrans Systems, Honda, Volvo, Audi, Denso Corp, Qualcomm
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle to Vehicle Communications Market Report Segments:
The global Vehicle to Vehicle Communications market is segmented on the basis of:
Types
Transmitter, Receiver
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
Forward Collision Warning, Blind Spot Warning, Lane Change Warning, Emergency Brake Light Warning, Control Loss Warning, No Pass Warning
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:
- BMW Group
- Daimler AG
- General Motors
- Toyota
- Volkswagen group
- Delphi
- Autotalks Limited
- eTrans Systems
- Honda
- Volvo
- Audi
- Denso Corp
- Qualcomm
Highlights of The Vehicle to Vehicle Communications 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:
- Transmitter
- Receiver
- By Application:
- Forward Collision Warning
- Blind Spot Warning
- Lane Change Warning
- Emergency Brake Light Warning
- Control Loss Warning
- No Pass Warning
- 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 Vehicle to Vehicle Communications 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
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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?
Vehicle to Vehicle Communications (V2V) is a technology that allows two or more vehicles to communicate with each other wirelessly. This can be used for a variety of purposes, such as sharing traffic information, warning each other about obstacles in the road, and coordinating vehicle movements. V2V technology can also be used to send emergency alerts and provide assistance in case of an accident.
Some of the major companies in the vehicle to vehicle communications market are BMW Group, Daimler AG, General Motors, Toyota, Volkswagen group, Delphi, Autotalks Limited, eTrans Systems, Honda, Volvo, Audi, Denso Corp, Qualcomm.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Size & Forecast, 2018-2028 4.5.1 Vehicle to Vehicle Communications Market Size and Y-o-Y Growth 4.5.2 Vehicle to Vehicle Communications Market Absolute $ Opportunity
Chapter 5 Global Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Size Forecast by Type
5.2.1 Transmitter
5.2.2 Receiver
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Size Forecast by Applications
6.2.1 Forward Collision Warning
6.2.2 Blind Spot Warning
6.2.3 Lane Change Warning
6.2.4 Emergency Brake Light Warning
6.2.5 Control Loss Warning
6.2.6 No Pass Warning
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Size Forecast by Type
9.6.1 Transmitter
9.6.2 Receiver
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 Vehicle to Vehicle Communications Market Size Forecast by Applications
9.10.1 Forward Collision Warning
9.10.2 Blind Spot Warning
9.10.3 Lane Change Warning
9.10.4 Emergency Brake Light Warning
9.10.5 Control Loss Warning
9.10.6 No Pass Warning
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 Vehicle to Vehicle Communications Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Size Forecast by Type
10.6.1 Transmitter
10.6.2 Receiver
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 Vehicle to Vehicle Communications Market Size Forecast by Applications
10.10.1 Forward Collision Warning
10.10.2 Blind Spot Warning
10.10.3 Lane Change Warning
10.10.4 Emergency Brake Light Warning
10.10.5 Control Loss Warning
10.10.6 No Pass Warning
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 Vehicle to Vehicle Communications Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Size Forecast by Type
11.6.1 Transmitter
11.6.2 Receiver
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 Vehicle to Vehicle Communications Market Size Forecast by Applications
11.10.1 Forward Collision Warning
11.10.2 Blind Spot Warning
11.10.3 Lane Change Warning
11.10.4 Emergency Brake Light Warning
11.10.5 Control Loss Warning
11.10.6 No Pass Warning
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 Vehicle to Vehicle Communications Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle to Vehicle Communications 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 Vehicle to Vehicle Communications Market Size Forecast by Type
12.6.1 Transmitter
12.6.2 Receiver
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 Vehicle to Vehicle Communications Market Size Forecast by Applications
12.10.1 Forward Collision Warning
12.10.2 Blind Spot Warning
12.10.3 Lane Change Warning
12.10.4 Emergency Brake Light Warning
12.10.5 Control Loss Warning
12.10.6 No Pass Warning
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) Vehicle to Vehicle Communications Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle to Vehicle Communications 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) Vehicle to Vehicle Communications Market Size Forecast by Type
13.6.1 Transmitter
13.6.2 Receiver
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) Vehicle to Vehicle Communications Market Size Forecast by Applications
13.10.1 Forward Collision Warning
13.10.2 Blind Spot Warning
13.10.3 Lane Change Warning
13.10.4 Emergency Brake Light Warning
13.10.5 Control Loss Warning
13.10.6 No Pass Warning
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 Vehicle to Vehicle Communications Market: Competitive Dashboard
14.2 Global Vehicle to Vehicle Communications Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BMW Group
14.3.2 Daimler AG
14.3.3 General Motors
14.3.4 Toyota
14.3.5 Volkswagen group
14.3.6 Delphi
14.3.7 Autotalks Limited
14.3.8 eTrans Systems
14.3.9 Honda
14.3.10 Volvo
14.3.11 Audi
14.3.12 Denso Corp
14.3.13 Qualcomm