Vehicle Intelligence Systems Market Set to Grow by $17.2 Billion Over 2019-2025 - Key Growth Insights & Opportunities - ResearchAndMarkets.com

DUBLIN--()--The "Vehicle Intelligence Systems - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Vehicle Intelligence Systems market worldwide is projected to grow by US$17.2 Billion, driven by a compounded growth of 12.3%.

Road/lane tracking system, one of the segments analyzed and sized in this study, displays the potential to grow at over 11.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$10.2 Billion by the year 2025, Road/lane tracking system will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 13.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$699.3 Million to the region's size and clout in the next 5 to 6 years. Over US$817.3 Million worth of projected demand in the region will come from the rest of the European markets.

In Japan, Road/lane tracking system will reach a market size of US$884.4 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.2% over the next couple of years and add approximately US$3.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Aptiv PLC
  • Autoliv Inc.
  • Continental AG
  • Denso Corporation
  • Infineon Technologies AG
  • Magna International Inc.
  • Mobileye N.V.
  • Robert Bosch GmbH
  • Valeo S.A.
  • WABCO Holdings Inc.

For more information about this report visit https://www.researchandmarkets.com/r/o9yzjs

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900