DUBLIN--(BUSINESS WIRE)--The "Vehicle Intelligence Systems - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Vehicle Intelligence Systems market worldwide is projected to grow by US$17.2 Billion, driven by a compounded growth of 12.3%.
Road/lane tracking system, one of the segments analyzed and sized in this study, displays the potential to grow at over 11.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$10.2 Billion by the year 2025, Road/lane tracking system will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 13.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$699.3 Million to the region's size and clout in the next 5 to 6 years. Over US$817.3 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, Road/lane tracking system will reach a market size of US$884.4 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.2% over the next couple of years and add approximately US$3.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Aptiv PLC
- Autoliv Inc.
- Continental AG
- Denso Corporation
- Infineon Technologies AG
- Magna International Inc.
- Mobileye N.V.
- Robert Bosch GmbH
- Valeo S.A.
- WABCO Holdings Inc.
For more information about this report visit https://www.researchandmarkets.com/r/o9yzjs
Laura Wood, Senior Press Manager
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