Over the past few year, factors such as Increasing Incidence of Vehicle Theft and Road Accidents have contributed to the development of the Global Connected Car Devices market.
Undoubtedly, Advancements in IoT, Wireless Communication, and Smartphone Technology
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Connected Car Devices market is expected to make a significant contribution
AMA research has engaged in the competitive assessment of China & Global Connected Car Devices Vendors for 5 years. The Top 10 Competitive Vendors in the Connected Car Devices in 2018 clearly displays the competitive situations of main Connected Car Devices Vendorsin 2018. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.
With the multiple advantages of technology, cost and service, many major Vendors such as Continental AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Harman International Industries (United States), Panasonic Corporation (Japan), Valeo S.A. (France), Magna International Inc. (Canada) and Infineon Technologies AG (Germany) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Connected Car Devices industry.
According to NHTSA (National Highway Traffic Safety Administration), about 94% of the accidents occurring on the US roadways can be attributed to human choice or error; errors including drunken driving, speeding, and others. Every year, approximately 1.3 million people die in road traffic accidents; a further 20-50 million are injured. The latest technologies such as new safety devices, connected and autonomous vehicles, and intelligent transportation systems with their associated infrastructure and systems are likely to improve and reduce road accidents.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Connected Car Devices market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Data Triangulation The overall Connected Car Devices market size is calculated using market estimation process, the Connected Car Devices market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Connected Car Devices market size has been validated using both top-down and bottom-up approaches.