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Global Bluetooth In Automotive Market is Expected to Grow at Rate of 33.90% Over the Forecast Period of 2020 to 2027

Bluetooth In Automotive Market is expected to rise at annual rate of 33.90% in the forecast period of 2020 to 2027 due to the the high adoption of hands free calling along with security remote control for locking and unlocking vehicle is acting as a major growth driver for the market. However, the poor backup along with safety and data and device using bluetooth is poor will restrict the growth of the bluetooth in automotive market in the above mentioned forecast period.

The North America is supposed to be the most active developing market largely due to the expanding deployment of smart infotainment application system in vehicles in the region.

Bluetooth in Automotive Market Scenario

According to Data Bridge Market Research the market for bluetooth in automotive is accelerating because of the increasing application scope in automotive sector. Also the rising demands of smart vehicle as well as intelligent transportation system are also helping the market to grow. Furthermore, the technological development in wireless communication system, compacted design and low cost and long life will create lucrative opportunities for the growth of the bluetooth in automotive market.

Now the question is which are the other regions that bluetooth in automotive market is targeting? Data Bridge Market Research has estimated a large growth in Europe because of the increasing number of initiative taken by government for electrical mobility in the region.  

For more analysis on the bluetooth in automotive market request for a briefing with our analysts

Bluetooth in Automotive Market Development

  • In May 2020, NXP had launched its new bluetooth devices mainly for automotive sector, these new KW39/38/37 MCUs add bluetooth 5.0 long-range capacity and lengthened bluetooth advertising channels. This launch will help the company to enhance its product portfolio in the market.

Bluetooth in Automotive Market Scope

Bluetooth in automotive market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of bluetooth in automotive market is further analyzed based on maximum granularity into further segmentation. Bluetooth in automotive market on the basis of type has been segmented as telematics, infotainment, and communication. Based on vehicle type, bluetooth in automotive market has been segmented into passenger cars, low commercial vehicles, heavy commercial vehicles, and others. On the basis of application, bluetooth in automotive market has been segmented into hands-free calling, security, mobile phone connectivity, in car entertainment, and communication for monitoring and control operations. Bluetooth in automotive has also been segmented on the basis of sales channel into original equipment manufacturer (OEM), and aftermarket.

To know more about the study,

Key Pointers Covered in the Bluetooth in Automotive Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Apple Inc
  • Bose Corporation
  • HARMAN International
  • LG Electronics
  • Panasonic Industry Europe GmbH
  • Pioneer India Electronics Pvt. Ltd
  • Advanced & Wise Technology
  • Texas Instruments Incorporated
  • Cypress Semiconductor Corporation
  • Qualcomm Technologies, Inc
  • Marvell
  • Broadcom
  • Silicon Laboratories 

Above are the key players covered in the report, to know about more and exhaustive list of bluetooth in automotive companies’ contact us

Research Methodology of Global Bluetooth in Automotive Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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