Connected Vehicle Market Report 2019-2030 by Regional Revenue, Growth , Trends Analysis and Key Players - BMW, AUDI, Tesla
Connected vehicle is the automobile that used various communication technologies for interacting with the driver and other vehicles on the road. These types of vehicles can easily communicate with the roadside infrastructure and respond to the cloud. Connected vehicle technology improves the automobile's safety, and commute times, and vehicle efficiency. The said technology offers various benefits that help improve overall driving experience for the driver and also improving the car's efficiency. Travel time dependability is one of the major benefits of connected vehicle technologies that can significantly reduce the level of uncertainty via real-time examination of all routes. It considerably reduces the need for new infrastructure by controlling traffic by maintaining safe distances between vehicles and creates sufficient space on road. It also improves energy efficiency by reducing energy consumption. It also eliminates road accidents by constant monitoring the on-road traffic and alarming the driver beforehand incase of any issue.Major Key Players of the Connected Vehicle Market are:
BMW, AUDI AG, Tesla, Volkswagen AG, AB Volvo, OnStar (General Motors), Nissan Motor Co., Ltd., Toyota Motor Corporation, Hyundai Motor Company, and Honda Motor Co., Ltd., among others.
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