Global Vehicle Wireless Communication Technology Market Growth (Status and Outlook) 2023-2029

Global Vehicle Wireless Communication Technology Market Growth (Status and Outlook) 2023-2029

The global Vehicle Wireless Communication Technology market size is projected to grow from US$ 3457.1 million in 2022 to US$ 6287.9 million in 2029; it is expected to grow at a CAGR of 8.9% from 2023 to 2029.

Global Wireless Communication Technology for Vehicles key players include Microchip, Epson, Kyocera Corporation, SiTime(Mega), Nihon Dempa Kogyo, etc. Global top five manufacturers hold a share over 20%.

Europe is the largest market, with a share about 35%, followed by China, and North America, both have a share about 50 percent.

In terms of product, Dedicated Short-range Communication is the largest segment, with a share about 60%. And in terms of application, the largest application is Dedicated Short-range Communication, followed by Commercial Vehicle.

Wireless communication technology for vehicles transmits information over the air using electromagnetic waves like IR (Infrared), RF (Radio Frequency), satellite, etc.

LPI (LP Information)' newest research report, the “Vehicle Wireless Communication Technology Industry Forecast” looks at past sales and reviews total world Vehicle Wireless Communication Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Vehicle Wireless Communication Technology sales for 2023 through 2029. With Vehicle Wireless Communication Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle Wireless Communication Technology industry.

This Insight Report provides a comprehensive analysis of the global Vehicle Wireless Communication Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vehicle Wireless Communication Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle Wireless Communication Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle Wireless Communication Technology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle Wireless Communication Technology.

This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle Wireless Communication Technology market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Dedicated Short-range Communication
Mesh Communication

Segmentation by application
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental AG
Qualcomm
NXP Semiconductors
Bosch
HUAWEI
Kapsch
Askey
Ficosa
Savari
LACROIX City
Cohda Wireless
Autotalks
Lear(Arada)
Commsignia
HARMAN
Danlaw

Please note: The report will take approximately 2 business days to prepare and deliver.