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Top 10 Automotive Technologies Market Expected to Reach 139.02 Billion USD by 2021

Top 10 Automotive Technologies Market Expected to Reach 139.02 Billion USD by 2021

Top 10 Automotive Technologies Market (Remote diagnostics devises, biometric vehicle access, vehicle security, 3D printing in Automotive, On board internet, HUD, Vehicle Intelligence, Night Vision system, BDS, LDWS ), and Region.

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OBIS Segment to Dominate the Top 10 Automotive Technologies

OBIS Segment to Dominate the Top 10 Automotive Technologies

Vehicle security systems are expected to dominate the market for the top 10 automotive technologies, and are projected to capture the highest market share in terms of volume. There has been increase in vehicle theft from past years due to the high-tech and modern theft techniques. With an increasing number of advanced vehicle technologies, the automotive technologies market has seen an increased demand, especially for the vehicle security systems market.

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OBIS Segment to Dominate the Top 10 Automotive Technologies

OBIS Segment to Dominate the Top 10 Automotive Technologies

The On board internet services segment is projected to grow at the highest CAGR during the forecast period. The growth of the application of on board internet services is influenced by factors such as the rollout of high speed connectivity solutions such as 4G and 5G, and increasing penetration of telecom services in automotive industry. For instance companies such as BMW have started to offer integrated sim card with their cars so that calls can be made through vehicles without connecting mobile with the vehicles.

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