Smart Connectivity Module Market Introduction

Smart connectivity module (SCM) is a standalone solution to support connected vehicle services and wireless network for passenger entertainment. The SCM integrates mobile telecommunication, such as 2G/3G/4G and geolocation GPS, Glonass, in a single module. The SCM is a single connection and helps minimize radio waves inside the vehicle. The SCM enables the operation of connected vehicle services such as telematics and navigation while simultaneously allowing passengers to connect over the internet with their own devices.

Smart Connectivity Module Market - Competitive Landscape

In 2017, Panasonic Corporation raised its stake in Ficosa Internacional SA by 20% to hold 69%. The companies formed a business alliance in 2015 with an aim to develop connectivity & driverless solutions

Valeo

Founded in 1923, Valeo is a leading company operating in smart mobility solutions with headquarters in Paris, France. The company provides SCM under the brand telematics module, which meets new safety regulations such as Era-Glonass, eCall, and Stolen Vehicle Recovery. Valeo is a key global player that supplies advanced driver assistance systems

Ficosa Internacional SA

Established in 1949, Ficosa Internacional SA has its headquarters in Barcelona, Spain. It is a leading manufacturer and provider of advanced vehicle technologies and products such as rear view system, ADAS, Emobility, communication systems, command and control, and industrial vehicles. The company has sales offices in over 16 countries spread across North America, Latin America, Europe, and Asia. SCM developed by the company has amfm, SDARS, and DAB antennas that cater to the market in the Americas, GPS antennas for the U.S. and EU, Glonass for Russia, and BeiDou for China. Ficosa’s SCM, in addition to providing internet to passengers, is also connected over Ethernet auto network to provide information such as communication between vehicles, emergency call, and vehicle position.

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Smart Connectivity Module Market Dynamics

Rising demand for optimized standalone vehicle connectivity solution to drive the SCM market

Rise in demand for connected vehicle services has prompted OEMs to focus on the development of a single platform to support in-vehicle services, such as telematics control unit, emergency assistance, entertainment, and enable passenger devices such as smartphones and tablets to connect over the same internet. Usage of a standalone connection resolves complexity and reduces the radio signals in the vehicle.

Rise in sales of connected vehicles expected to boost demand for SCM

Rising consumer demand to connect the vehicle over the internet is boosting the sales of connected vehicles. Demand for vehicle connectivity is rising in commercial vehicles in order to track fleets and reduce operational losses. Increase in demand for connected vehicle in expected to propel the SCM market.

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Smart Connectivity Module Market Segmentation

Based on vehicle type, the smart connectivity module market can be segmented into

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Based on the sales channel, the smart connectivity module market can be bifurcated into

  • OEM
  • Aftermarket

The report on smart connectivity module market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The smart connectivity module market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The smart connectivity module market report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis for smart connectivity module market includes:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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.

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