According to study, “United Kingdom Connected Vehicle Market (2018-2023)” some of the major companies that are currently working in the United Kingdom connected vehicle market are Airbiquity Inc, Continental AG, Aptiv PLC, Robert Bosch GmbH, Autoliv, Wireless Car, TomTom, Denso, ZF Friedrichshafen, NXP Semiconductors.
The automotive sector is a key pillar of the UK economy employing large number of people. The connected vehicle use communication techniques between infrastructure and vehicles. They are efficient, and allow safer traffic flows with primarily used for pedestrians, environment, drivers and economy. The connectivity solutions in vehicles develop solutions for vehicle-to-vehicle, vehicle-to-device, and vehicle-to-infrastructure communication by using different systems/hardware, such as modem, SIM, intelligence/applications and user interface. Connected vehicles provide high range of on-board vehicle equipment and solutions which provides alerts to unsafe situations preventing mishappening.
The demand connected vehicle is mainly risingdue to anincreasing need for connectivity among the customers, technological & infrastructure advancements, reducing energy consumption, incorporation of internet of things (IoT) based technologies. To support the technological development the vehicle makers are adopting hybrid connectivity approach, and havelaunched integration solutions through smartphones to provide access to internet radio, music-streaming and social networking.
Apart from the advantages some of the main challenges associated with the connected vehicle market include absence of simplicity on the standards, extended supply chains, concerns regarding the recurring cost, customer privacy & data concerns and average lifespan of cars etc. Moreover in United Kingdom, some significant driving related challenges are dangerous driving behavior, cost of fuel, high insurance expenses and maintenance etc.
Enhance user’s experience companiesacross the value chain are engaged inpartnerships between automotive OEMs, digital companies, and mobile network operators to provide seamless internet connectivity and applications inside an automobile. Companies are moving themselves to fit the connected value chain. The connected vehicles market not only limits vehicle manufacturers but comprise diverse mix of traditional and non-traditional players offering embedded, tethered and aftermarket solutions, data and software services.
In 2015, the UK government formed Code of practice for testing automated vehicle technologies, a guidance document on organizing tests for automated vehicle technologies. Additionally government have also established a new joint policy unit, the Centre for Connected and Autonomous Vehicles (CCAV) to develop connected and autonomous vehicles in the UK, and supporting the country’s leadership in this sector. The Department of Transporthas issued a Code of Practice before autonomous vehicle technology becomes available to the public, legislation to be amended to address, among the other considerations, liability, responsibility, driver licensing and vehicle construction criteria.
Moreover, the connected vehicle ecosystem features diverse mix of traditional and non-traditional players offering embedded solutions, aftermarket hardware, data and software services. The industry is not only witnessing investments from large vehicle manufacturers and incumbent OEMs, however also from various other sectors such as software, telecom, insurance, and tech companies.
The U.K. government is making the nation a self-driving research hub. The UK Autodrive, a publicly funded consortium includes Ford, Jaguar Land Rover, and TATA Motors, announced a new set of trials and a focus on self-driving cars which promptly share information and focus on city infrastructure development. It is expected that the United Kingdom connected vehicle market will be register a double digit growth over the forecast period.
To know more, click on the link below:
Related Reports:-
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249
