MarketsandMarkets Presents Top 10 Automotive Technologies Market Expected to Reach 139.02 Billion USD by 2021
The report "Top 10 Automotive Technologies Market (Remote diagnostics devises, biometric vehicle access, vehicle security, 3D printing in Automotive, On board internet, HUD, Vehicle Intelligence, Night Vision system, BDS, LDWS ), and Region - Global Forecast to 2021", The automotive market for top 10 automotive technologies is projected to grow at a CAGR of 17.35%, to reach a market size of USD 139.02 Billion by 2021. • Browse • 87 market data tables • 66 figures • 176 pages and in-depth TOC on “Top 10 Automotive Technologies Market”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=142544173
The automotive aftermarket for top 10 automotive technologies market ecosystem consists of technology providers such as Robert Bosch GmbH (Germany), Continental AG (Germany), and Delphi Automotive PLC (U.K.). The products manufactured by these companies are used by automotive companies such as BMW (Germany), Daimler (Germany), Volvo (Sweden), and Ford Motor Company (U.S.). On board internet services market is largest market as compared to other automotive technologies. The automotive on board internet services market is driven by increasing concerns regarding safety and security, government regulations. The use of biometrics in the automotive industry is still at a very nascent stage. Automotive component manufacturers as well as automotive companies are looking at alternate means of providing safer and a more secure access to automobiles. Remote vehicle diagnostic solutions provide proactive alerts regarding the health status of the vehicle. They also suggest a suitable remedy for the detected faults. North America is a major market for remote vehicle diagnostics whereas Asia-Pacific accounts for highest CAGR. The report also covers automotive blind spot detection systems and night vision system which are capable of communicating with the vehicle’s internal as well as external environment. Many OEMs are working towards creating automotive blind spot detection systems; they have undertaken various initiatives and the governments have promoted the adoption of these systems in vehicles
The major players in the top 10 automotive technologies market are Delphi Automotive PLC (U.K.), Continental AG (Germany), Robert Bosch GmbH (Germany), and some on board internet service providers are Agero (U.S.), Airbiquity (U.S.), and WirelessCar (Sweden). The major telecom companies which provide connectivity for on board internet services are AT&T (U.S.), Verizon (U.S.), and Vodafone (U.K.) Major players in ecosystem are focusing on new product development to increase its market share. The companies are also focusing on strengthening its position in the developing countries like China by setting up major technical centers. • The Asia-Pacific region is expected to dominate the market for the top 10 automotive technologies, and is projected to capture the highest market share in terms of value during the forecast period. Asia-Pacific has created promising opportunities for automobile market and technology provider companies. Increasing income levels and rapid urbanization is expected to push the market by leading to growth in vehicle sales. There is a high growth potential in markets such as India, China, and South Korea amongst other Asia-Pacific countries. This is due to the favorable government policies for the automotive sector.. The Asia-Oceania aftermarket for top 10 automotive technologies is growing at a CAGR of 19.30% during the forecast period. • Target Audience • Automotive technology manufacturers • Automotive component suppliers • Raw material suppliers • Automobile organizations/associations • Traders and distributors of advanced vehicle technologies • Automotive Original Equipment Manufacturers (OEMs) • Software development companies for automotive industry • Hardware manufacturers
Scope of the Report: • Automotive Aftermarket for top 10 automotive technologies market, By Technology • Remote Diagnostics • 3D Printing Automotive • On Board Internet Services • Advance Head-Up Display • Security Systems in Automotive • Biometric Vehicle Access Systems • Vehicle Intelligence Systems • Night Vision • Blind Spot Detection System • Lane Departure Warning System • Automotive Aftermarket for top 10 automotive technologies market, By Region • Asia-Pacific • Europe • North America • RoW
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