Global Top 10 Automotive Technologies Market By Technologies (Remote Diagnostics, 3D Automotive Printing, On-Board Internet Services, Advance Heads-Up Display, Automotive Security Systems, Biometric Vehicle Access Systems, Vehicle Intelligence Systems, Night Vision, Blind Spot Detection Systems), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

The practical application of knowledge concering autonomous vehicles or machinery is a form of automotive technology. Engine construction, fuel and ignition systems, power trains, brakes, gearboxes, electronic and diagnostic equipment, etc., are covered by automotive technology.

These days, vehicles consist of various autonomous features. An autonomous vehicle, also known as a driverless car, has the ability to sense its surroundings and can perform necessary functions, with it being able to operate without the need for human intervention.

Detailed Segmentation –

The global top 10 automotive technologies market is segmented on the basis of – Technologies, and Region. A detailed segmental description is represented below:

Based on Technologies:

• Remote Diagnostics
• 3D Automotive Printing
• On-Board Internet Services
• Advance Heads-Up Display
• Automotive Security Systems
• Biometric Vehicle Access Systems
• Vehicle Intelligence Systems
• Night Vision
• Blind Spot Detection Systems
• Other Technologies

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Based on Key Players:

• Delphi Automotive PLC (UK)
• Continental AG (Germany)
• Robert Bosch GmbH (Germany)
• Agero Inc. (US)
• Airbiquity Inc. (US)
• and WirelessCar AB (Sweden)
• AT&T Inc. (US)
• Verizon (US)
• Vodafone Group Plc (UK)
• etc

Market Dynamics –

Drivers for the global top 10 automotive technologies market:

A growing trend of autonomous and semi-autonomous vehicles, and the necessity by OEM preferences towards safety and advanced technologies, in both developed and developing countries, is expected to further contribute to the economic growth of this market. Furthermore, the growing demand for luxury vehicles with advanced features, as well as favorable regulations in countries such as China, India, South Korea are anticipated to help augment the revenue trajectory of this market.

Restraints for the Global Top 10 Automotive Technologies Market:

Key factors restraining the revenue growth of the top 10 automotive technologies is increasing vehicle costs, along with the demand for safety features have increased the need for superior products. Additionally, due to the high cost of onboard internet services, regulatory-compliance, and consumer-friendly technologies are critical components of system development.

For the development of such sophisticated systems, corporations invest heavily towards R&D. These system include a number of software-driven electronic components, which increases a vehicle’s overall cost. These factors are anticipated to negatively impact the global top 10 automotive technologies market over the next decade.

Competitive Landscape –

Key players in this market are – Delphi Automotive PLC (UK), Continental AG (Germany), Robert Bosch GmbH (Germany); onboard internet service providers – Agero Inc. (US), Airbiquity Inc. (US), and WirelessCar AB (Sweden). The major telecom companies that provide connectivity for onboard internet services are AT&T Inc. (US), Verizon (US), and Vodafone Group Plc (UK), etc.

For the Top 10 Automotive Technologies Market research study, the following years have been considered to estimate the market size: