The Telematics Control Unit (TCU) Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
According to this study, over the next five years, the Telematics Control Unit (TCU) market will register a 15.6% CAGR in terms of revenue, the global market size will reach $ 5851.8 million by 2025, from $ 3281.3 million in 2019.
The major key players covered in this report:
Robert Bosch GmbH (Germany), Continental AG (Germany), LG Electronics (OTC:LGEPF) (South Korea), Verizon Communications Inc. (NYSE:VZ) (U.S.), Harman International (U.S.), Ficosa, Denso Ten, Peiker, Magneti Marelli, Novero (Laird), Visteon Corporation (NASDAQ:VC) (US), Flaircomm Microelectronics, Huawei, Xiamen Yaxon Network Co., Ltd.
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North America Telematics Control Unit (TCU) market size was valued at around USD 682.4 million in 2016. Europe is expected to exceed USD 888.5 million by 2017, at a CAGR of over 9.66% between 2013 and 2017. Asia-Pacific Telematics Control Unit (TCU) market size was valued over USD 1046.3 million in 2016 and is anticipated to reach USD 1167.5 million by 2017. Emerging economies, such as Brazil, India and Russia etc. will become the new power for the development of the world economy in the future. With the rapid development of emerging economies, besides promoting economic growth of other countries in Asia, Latin American and African, the region above will quickly become an important market of Telematics Control Unit (TCU). The Telematics Control Unit (TCU) industry is moderately competitive, with top ten vendors accounting for about 87 % of the industry sales share. LG is the global largest vendors accounted for 33.26 % of the industry share in 2016. Other key players include Harman, Bosch, Continental, and Denso among others.
This report segments the global Telematics Control Unit (TCU) Market based on Types are:
2G/2.5G, 3G, 4G/5G.
Based on Application, the Global Telematics Control Unit (TCU) Market is Segmented into:
Passenger Vehicle, Commercial Vehicle.
Passenger vehicle covered over 76% of the market share in 2016 and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 19.34 % from 2016 to 2022.
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In Jan 2020, Visteon Corporation (NASDAQ:VC) (US), a leading automotive cockpit electronics technology company, today demonstrated its newest SmartCore™ — the world’s first production cockpit domain controller with a third-generation Qualcomm® Snapdragon™ Automotive Cockpit Platform – which will be launched on Chinese automaker Guangzhou Automobile Group’s (GAC) new pure electric vehicle platform, Aion LX.
In Feb 2020, Verizon Communications Inc. (NYSE:VZ) (U.S.) is partnering with NASCAR to modernize 12 NASCAR-owned racetracks and bring race fans, drivers and teams improved connectivity to enhance the at-track experience. The partnership designates Verizon as the Official Wireless Telecommunications and 5G Mobility Partner of NASCAR, as well as the Official At-Track Wi-Fi Partner of 12 NASCAR-owned racetracks.
Regions covered By Aluminium Brazing Alloys Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
The report has 150 tables and figures browse the report description and TOC:
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