New York, USA, Monday, March 28, 2022 05:27:40 / Comserve Inc. / — Major Key Players Covered Continental AG, Robert Bosch GMBH, Autotalks Ltd., Qualcomm Technologies, Inc., Daimler AG, Toyota Motor Corporation, General Motors, Delphi Automotive LLP
Research Nester released a report titled “Vehicle-to-Infrastructure (V2I) Communication Market: Global Demand Analysis and Opportunity Outlook 2030” which provides a detailed overview of the global Vehicle-Infrastructure (V2I) Communication market in terms of market segmentation by end-user, component, and region.
Additionally, for the in-depth analysis, the report encompasses industry growth indicators, restraints, supply and demand risks, along with a detailed discussion of current and future market trends associated with the market growth.
The global vehicle-to-infrastructure communication (V2I) market is segmented by end user and component. On the basis of end-user, the cellular segment is expected to hold the largest market share during the forecast period, i.e., 2022-2030, owing to the efficiency of cellular applications in the managing a large number of messages in a high traffic environment and high performance in terms of cybersecurity. . Additionally, on the basis of components, the hardware segment is expected to grab the largest market share owing to the growing requirement for advanced road markings and smart signs.
The market is expected to grow at a significant CAGR over the forecast period owing to the rising number of vehicle thefts and growing number of technological advancements in the automotive industry. Apart from this, the growing use of IoT, chips and sensors, and the government’s emphasis on efficient traffic management are also expected to boost the market growth in the coming years.
Geographically, the vehicle-to-infrastructure (V2I) communications market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa . The Europe region is expected to witness the highest growth over the forecast period owing to the increasing number of smart car projects undertaken by the government and the strong presence of market players in the region.
Download a sample of this strategic report: https://www.researchnester.com/sample-request-3189
Growing number of vehicle thefts to drive market growth
While the number of car thefts has been increasing for the past few years, the demand for automobile security is also growing at a rapid pace. This has led automakers to develop innovative technologies such as vehicle-to-infrastructure communication that focus on improving vehicle safety. This is considered a crucial factor for market growth in the coming years.
However, high initial investment for the implementation of the V2I communication systems is expected to act as a major restraint for the growth of the vehicle-to-infrastructure (V2I) communication market over the forecast period.
This report also provides the existing competitive scenario of some of the major players in the Global Vehicle-to-Infrastructure (V2I) Market which includes company profiling of Continental AG, Robert Bosch GMBH, Autotalks Ltd., Qualcomm Technologies, Inc., Daimler AG, Toyota Motor Corporation, General Motors, Delphi Automotive LLP, Volkswagen AG, BMW AG and others. Profiling contains key business information that encompasses an overview of businesses, products and services, key financials, and recent news and developments. Overall, the report depicts a detailed overview of the Vehicle-to-Infrastructure (V2I) Communication Market which will help industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players looking for opportunities and other stakeholders to align their market-centric strategies. based on current and expected future trends.
Access a sample copy of this strategic report: https://www.researchnester.com/sample-request-3189
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