Connected Car Devices Industry Overview
Some of the key players of the connected car device market are Continental AG, Robert Bosch GmbH, Denso Corporation, Autoliv, Autotalks, and Valeo SA. The companies are making partnerships for developing more advanced technology, and for being ahead in the competition. For instance; Bosch and Mojio unveiled a jointly developed, IoT integrated emergency response solution. The new offering adds crash detection and emergency call (eCall) response to an existing connected car solution from Mojio.
New players are entering, with this market offering immense growth opportunities. These new companies are expanding rapidly to cater to the expected high demand for connected cars. For instance, Raythink, a world-leading ARHUD solution provider for the automotive and transportation industry, announced that it has raised around USD 15 million in Series A+ funding. This funding is expected to be used for R&D and company expansion.
Connected Car Devices Market Leaders
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Continental AG
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Denso Corporation
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Robert Bosch GmbH
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Autoliv Inc.
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Valeo SA
- *Disclaimer: Major Players sorted in no particular order