About PCBA OEM generation interconnection car market analysis of material

North American car market is leading the global networking, PCBA OEM generation material predicts 2025, American dominance will be enhanced.

Global networking car market is expected to forecast period compound annual growth rate of 21.75%, will reach $156.5 billion by 2025. Because the car intelligent function integration and an increase in demand, the global auto market will continue to grow in order to improve the comfort and convenience of the user.

Policymakers are to establish a more consistent regulatory environment, so as to promote networking cars, to promote road safety and environmental sustainability. Leading original equipment manufacturers, technology start-ups and car manufacturers are committed to offering in-car entertainment, security technology, streaming media, advanced driving assistance systems, wi-fi access, electronic calls and other functions to improve the user’s driving experience.

Carpooling and mobile service depends on the connectivity of the vehicle and autonomy, location tracking, and vehicles to all or V2X communications, because it is useful to respond in a timely manner. Insurance telematics system by monitoring the system failure and the vehicle performance, plays an important role in the fair management of insurance. It also tracks the driver’s behavior and will be reported to the insurance company for more information. Therefore, insurance telematics and route tracking service demand increasing, the growth of the car market is expected to promote the global networking.

However, there are some challenges, such as security, privacy, and the lack of a continuous and seamless Internet connection and data analysis and aggregation. The PCBA OEM generation of these material is expected to limit the use of cars. In addition, due to the hardware components, software, and other system relies heavily on third party suppliers, existing in the supply chain security vulnerabilities.

North American automobile market occupies an important share in the global networking, during the forecast period is expected to have good growth. The U.S. market growth is attributed to technological progress and coherent regulatory environment, so as to promote networking car to encourage safety and security. The asia-pacific region in the forecast period is expected to top speed growth, mainly due to the increase in auto production and the increasing demand for cars luxury and comfort. In recent years, countries began to promote intelligent transportation system, automatic driving in the car technology and electronic call and function of smart phones, in order to improve passenger safety.

Global networking auto market has been consolidated. Main players using product differentiation, innovation, geographic expansion, cooperation, mergers and acquisitions and diversification to occupy the market and ladder to ascend. Moderately connected car market competition. PCBA OEM generation of main participants including continental, visteon, Airbiquity, haman, Robert Bosch GMBH, tesla, Sierra Wireless, ford motor company, audi and BMW group shareholding company.