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Vehicle Intelligence System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

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Vehicle intelligence systems comprise of electromagnetic, electronic and electromechanical devices such as silicon micro-machined components operating with radio transceivers and computer controlled devices. This allows precise repeatability functions such as artificial intelligence function and emergency warning functions. Vehicle intelligence systems communicate with the surroundings of the vehicle and assists the driver for a better driving experience. The communication is carried out with the help of sensors fitted in vehicles. 

The major types of vehicle intelligence systems are anti-lock braking system (ABS), blind spot monitoring system, adaptive head lights, electronic stability program (ESP), lane departure warning system, emergency call system, obstacle and collision warning system, real time traffic and travel information system. ABS is a braking system which automatically prevents the locking of wheels while braking and allows the car to stay on track. Blind spot monitoring system alerts the driver for any obstacles coming in the blind spot zone of the vehicle. Adaptive headlights or smart lamps has the capability of automatically adjusting the intensity of light in corners and dark conditions. Such lights also help to avoid dazzling. ESP is a system which stabilizes the movement of vehicles and helps in the avoidance of skidding under critical scenarios. Lane departure warning system alerts the driver and co-passengers during unintentional switching of lanes. In a case of accident, emergency call system, automatically calls the local emergency authorities and provides them the vehicle position and accident related data on real time basis. Obstacle and collision warning systems alerts the driver of any potential collision with any vehicle or objects. Real time traffic and travel information provides data and information to the driver relating to traffic, weather conditions, speed cameras and navigation. On having received such data, the driver makes a route plan and selects the best alternative route to the destination. 

The vehicle intelligence system market can be classified by system, by application and by geography. The system segment can be classified into anti-lock braking system (ABS), blind spot monitoring system, adaptive head lights, electronic stability program (ESP), lane departure warning system, emergency call system, obstacle and collision warning system, real time traffic and travel information system, and others. By application, the market can be segregated as passenger vehicles, light commercial vehicles and heavy commercial vehicles. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. 

The need for higher safety of passengers and drivers in vehicles coupled with strict automobile standards set by governments and the rising rate of road accidents are the major factors influencing the growth of global vehicle intelligence systems market. Demand for infotainment in vehicles for better navigation, driving assistance and emergency alarm systems is also set to drive the market of vehicle intelligence systems globally. In addition, economic reforms in the Asia Pacific and Europe and rising private equity investments in vehicle intelligence system manufacturing companies across the world is set to influence the growth of this market positively. In terms of market revenue share, Europe is expected to hold the largest share by the end of forecast period followed by North America, Asia Pacific, Latin America and, Middle East and Africa. 

The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global vehicle intelligence system market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include: Denso Corporation (Japan), Continental AG (Germany), Delphi Automotive PLC (U.K.), Autoliv Inc. (Sweden), Robert Bosch GmbH (Germany), Magna International Inc. (Canada), Wabco Holdings, Inc. (Belgium), Valeo SA (France), Infineon Technologies AG (Germany) and Mobileye NV (Israel) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


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