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5G-ready Telematics Control Units (TCU) Market 2022 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2031

5G-ready Telematics Control Units (TCU) Market 2022-2031

New Study Reports “5G-ready Telematics Control Units (TCU) Market 2022 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2031” has been Added on PMR.

Market Overview

In the past few years, The primary focus of the report is on the status, demand, future opportunity, forecast period, and growth opportunity. Moreover, the survey report focuses on the development, manufacturing companies, key market, investors, and the cost capital. The objective of the study of the 5G-ready Telematics Control Units (TCU) Market gives a proper idea of the market present scenario so that each and every enterprise or manufacturer will not experience the issues that occur due to the lack of information.

As per findings by Persistence Market Research, the worldwide 5G-ready telematics control units (TCU) market reached a valuation of around US$ 1.1 Bn in 2020, and is anticipated to surge at a CAGR of 35.6% over the next ten years.

Request for Free Sample Report of “5G-ready Telematics Control Units (TCU)” Market @ https://www.persistencemarketresearch.com/samples/32613            

5G-ready telematics control units are embedded onboard systems that are used to power telecommunications services. These are becoming essential items in connected-car services as they allow users to get real-time information of their vehicles.

5G-ready TCUs with smart antennas combine multiple antennas in a single antenna. Later, they are mounted beneath a vehicle’s body surface and also covered with a non-conductive cover. This technology will be necessary to enable prompt communication between pedestrians, vehicles, and infrastructure.

The market is developing at a fast rate, and industry players are innovating and launching new products regularly.

  • In June 2020, Askey announced plans to develop 5G mmWave and Sub-6GHz small cell products for public venues and private networks, working with Qualcomm Technologies. With this pairing, Askey will deliver 5G NR mmWave devices for indoor applications, which will cover enterprises such as offices, university campuses, hospitals, hotels, shopping centers, and many more.
  • In November 2020, Qualcomm introduced the Qualcomm MDM9150, the first commercial C-V2X solution based on 3GPP Release 14 specifications for direct communication operation in the 5.9 GHz ITS spectrum. The product will support numerous vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) applications.
  • In February 2022, Mediatek introduced the M80 5G modem that combines mmWave and sub-6 GHz 5G technologies onto a single chip. The M80 will also support ultra-fast speeds on both, non-standalone (NSA) and standalone (SA) architectures, with a peak rate of 7.67 Gbps in the downlink and 3.76 Gbps in the uplink.                                                                    

Key Players:

The report has profiled some of the Important players prevalent in the global like HARMAN International, Qualcomm Technologies, Inc., Askey Computer Corp., MediaTek Inc., Quectel, Visteon Corporation, Movandi Corporation, Millimeter Wave Products Inc., Farran and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the 5G-ready Telematics Control Units (TCU).

5g-ready-telematics-control-units-tcu-market

Key Takeaways from Market Study

  • The South Asia & Pacific region is expected to create lucrative growth opportunities for players due to growing importance of telematics and 5G networks for safety in the automotive sector.
  • Key players are focusing on acquisitions to complement their product portfolios so as to cater to the needs of a variety of customers. Market participants are also focusing on providing products directly to end users to improve their direct customer relations.
  • The market in the U.S. is projected to expand at a CAGR of 26.4% through 2031, while that in Germany at around 29.1%.
  • Market growth in China, Japan, and India is expected to be much higher, at CAGRS of around 37.7%, 42.0%, and 50.7%, respectively.

“Key players are focusing on continuous developments and implementation of new connectivity platforms such as vehicle-to-vehicle (V2V) connectivity and vehicle-to-network (V2N) connectivity to capture attention with incredible vehicle experiences. Increased cost-savings and lowered energy consumption features will create attractive opportunities for 5G-ready TCU providers,” says a Persistence Market Research analyst.

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)

Key Stakeholders 
5G-ready Telematics Control Units (TCU) Market Manufacturers 
5G-ready Telematics Control Units (TCU) Market Distributors/Traders/Wholesalers 
5G-ready Telematics Control Units (TCU) Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

If you have any special requirements, please let us know and we will offer you the report as you want.                                   

5G-ready Telematics Control Units (TCU) Market – Report Highlights

  • A detailed overview of parent market of 5G-ready Telematics Control Units (TCU) market
  • Changing 5G-ready Telematics Control Units (TCU) market dynamics in the industry
  • In-depth segmentation of the 5G-ready Telematics Control Units (TCU) market
  • Historical, current, and projected 5G-ready Telematics Control Units (TCU) market size regarding volume and value
  • Recent industry trends and developments in 5G-ready Telematics Control Units (TCU) market
  • Competitive landscape of the 5G-ready Telematics Control Units (TCU) market
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on 5G-ready Telematics Control Units (TCU) market performance
  • Must-have information for 5G-ready Telematics Control Units (TCU) market players to sustain and enhance their market footprint

If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.

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About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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