Global Vehicle Dynamics Integrated Management Systems Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 5.1% from 2019 to 2027, reaching nearly US$ XX Bn.
The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
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Global Vehicle Dynamics Integrated Management Systems Market: Market Overview
Vehicle dynamics integrated management (VDIM) system is an integrated vehicle-handling software control system developed by Toyota. This system is initial design for rear-wheel drive cars. VDIM system is an electronic stability control system involves a computer linkage of electronic power steering, traction control, anti-brake system and other systems, improving responsiveness to driver input, performance, and overall safety.
However, various companies have launched electronic stability control systems with different names for example Ford Motors has launched “Advance Trac” while General Motors has launched “Stabili Trac”.
Global Vehicle Dynamics Integrated Management Systems Market: Market Dynamics
Increasing preference towards the autonomous vehicle is fueled the global vehicle dynamics integrated management system market during the forecast period. Rising demand for vehicle dynamics integrated systems, as these systems makes easily control the vehicles, is expected to grow in near future. The rise in awareness about the safety purposes among the customers also fueled the growth of the global vehicle dynamics integrated management systems market. The stringent safety norms enacted by government of several nations for vehicle safety. In addition, increasing demand of passenger vehicles across the world are the major factors which helps to drive the global hand brake market during the forecast period.
However, the high cost of vehicle dynamic integrated management systems also the maintenance cost is high, is hamper the growth of the market during the forecast period. In addition, the number of competitors are present in market with similar technology is also adversely affect the VDIM market. The driverless technology is under development worldwide also affect the market during the forecast period.
Global Vehicle Dynamics Integrated Management Systems Market: Market Segmentation
Global Vehicle Dynamics Integrated Management Systems market is segmented by wheel drive, by Vehicle, by Control system and by region. Initially, the vehicle dynamics integrated management system was applied only in rear wheel drive, now, in all-wheel drive vehicle, the power from the engine is supplied to both axles, which are more efficient than other two type. In result, the all-wheel drive segment is expected to drive the market during the forecast period. After the post-covid, people avoids to travel in public transport to their safety concern, which rise in passenger vehicle sales. The hatchback segment is expected to grow with highest CAGR due to its affordable cost and fuel efficiency and low maintenance cost.
Global Vehicle Dynamics Integrated Management Systems Market: Regional Analysis
The regional analysis of global Vehicle Dynamics Integrated Management Systems market is segregated across North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America is dominating the global Vehicle Dynamics Integrated Management Systems market, followed by Europe during the forecast period due to mandatory regulations regarding electronic stability control system. Asia Pacific accounts for a significant sales of automobile due to high population of its emerging nations like India and China booming the global Vehicle Dynamics Integrated Management Systems market.
The objective of the report is to present a comprehensive analysis of the Global Vehicle Dynamics Integrated Management Systems Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Vehicle Dynamics Integrated Management Systems Market dynamics, structure by analyzing the market segments and projects the Global Vehicle Dynamics Integrated Management Systems Market size. Clear representation of competitive analysis of key players by Control system, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Vehicle Dynamics Integrated Management Systems Market make the report investor’s guide.
Scope of the Global Vehicle Dynamics Integrated Management Systems Market: Inquire before buying
Global Vehicle Dynamics Integrated Management Systems Market, by wheel drive
• Rare wheel drive
• Front wheel drive
• All-wheel drive
Global Vehicle Dynamics Integrated Management Systems Market, by Vehicle
• Hatchback
• Sedan
• Multi-purpose vehicle (MPV)
• Sports utility vehicle (SUV)
Global Vehicle Dynamics Integrated Management Systems Market, by Control system
• Antilock brake system
• Electronic brake distribution
• Brake Assist
• Traction Control
• Steering assist control
• Vehicle stability control
• Others
Global Vehicle Dynamics Integrated Management Systems Market, by Region
• Asia Pacific
India
China
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
U.K
Germany
France
Russia
Spain
Italy
Sweden
• South America
Mexico
Brazil
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Global Vehicle Dynamics Integrated Management Systems Market, Key Players
• Toyota
• Lexus
• Hitachi automotive systems ltd
• General Motors
• Ford Motors
• Mercedes benz
• ZF Friedrichshafen
• Robert Bosch GmbH
• Autoliv Inc.
• Alfa Romeo's
• Continental AG
• Johnson Electric
• WABCO
• Bendix Corporation
• BWI Group
• ADVICS CO., LTD.
• DENSO Corporation
• Magna International Inc.
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