Smart Connectivity Module Market Introduction
Smart connectivity module (SCM) is a standalone solution to support connected vehicle services and wireless network for passenger entertainment. The SCM integrates mobile telecommunication, such as 2G/3G/4G and geolocation GPS, Glonass, in a single module. The SCM is a single connection and helps minimize radio waves inside the vehicle. The SCM enables the operation of connected vehicle services such as telematics and navigation while simultaneously allowing passengers to connect over the internet with their own devices.
Smart Connectivity Module Market – Competitive Landscape
In 2017, Panasonic Corporation raised its stake in Ficosa Internacional SA by 20% to hold 69%. The companies formed a business alliance in 2015 with an aim to develop connectivity & driverless solutions
Valeo
Founded in 1923, Valeo is a leading company operating in smart mobility solutions with headquarters in Paris, France. The company provides SCM under the brand telematics module, which meets new safety regulations such as Era-Glonass, eCall, and Stolen Vehicle Recovery. Valeo is a key global player that supplies advanced driver assistance systems
Ficosa Internacional SA
Established in 1949, Ficosa Internacional SA has its headquarters in Barcelona, Spain. It is a leading manufacturer and provider of advanced vehicle technologies and products such as rear view system, ADAS, Emobility, communication systems, command and control, and industrial vehicles. The company has sales offices in over 16 countries spread across North America, Latin America, Europe, and Asia. SCM developed by the company has amfm, SDARS, and DAB antennas that cater to the market in the Americas, GPS antennas for the U.S. and EU, Glonass for Russia, and BeiDou for China. Ficosa’s SCM, in addition to providing internet to passengers, is also connected over Ethernet auto network to provide information such as communication between vehicles, emergency call, and vehicle position.
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Smart Connectivity Module Market Dynamics
Rising demand for optimized standalone vehicle connectivity solution to drive the SCM market
Rise in demand for connected vehicle services has prompted OEMs to focus on the development of a single platform to support in-vehicle services, such as telematics control unit, emergency assistance, entertainment, and enable passenger devices such as smartphones and tablets to connect over the same internet. Usage of a standalone connection resolves complexity and reduces the radio signals in the vehicle.
Rise in sales of connected vehicles expected to boost demand for SCM
Rising consumer demand to connect the vehicle over the internet is boosting the sales of connected vehicles. Demand for vehicle connectivity is rising in commercial vehicles in order to track fleets and reduce operational losses. Increase in demand for connected vehicle in expected to propel the SCM market.
Smart Connectivity Module Market Segmentation
Based on vehicle type, the smart connectivity module market can be segmented into
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Based on the sales channel, the smart connectivity module market can be bifurcated into
- OEM
- Aftermarket
The report on smart connectivity module market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The smart connectivity module market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The smart connectivity module market report also maps the qualitative impact of various market factors on market segments and geographies.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
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