On Board Units Market

On Board Units Market Analysis, By Technology (DSRC, GNSS), By Connectivity (Cellular Networks, Wi-Fi, Bluetooth), By Application (Vehicle-to-Vehicle Communication, Vehicle-to-Infrastructure Communication, Vehicle-to Pedestrian Communication), & Region - Global Market Insights 2023 to 2033

Analysis of On-Board Units Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

On-Board Units Market Outlook (2023 to 2033)

The global on board units market registered a CAGR of 8.6%, Over the 2018 to 2022 historical period. The report reveals that the industry will be worth US$ 2.5 billion in 2023 and increase at an impressive CAGR of 14.4% to reach a market valuation of US$ 9.5 billion by the end of 2033.

The automotive industry is in the middle of a significant transition owing to the growing trend of high-end technologies being installed in vehicles. This segment is witnessing several changes in the form of the electrification of automotive components, instant connectivity, and enhanced safety. This is leading to increased penetration of electronic components in vehicles and further creating a significant need for on-board units.

Significant demand growth is expected for on board units owing to advancements in technologies to meet specific requirements, such as superior performance, accuracy, and data security. When used for emergency data, on board units serve as an interface for ITS services such as warnings and driving information that is delivered to drivers.

Report Attributes Details
On Board Units Market Size (2022A) US$ 2.1 Billion
Estimated Market Value (2023E) US$ 2.5 Billion
Forecasted Market Value (2033F) US$ 9.5 Billion
Global Market Growth Rate (2023 to 2033) 14.4% CAGR
East Asia Market Share (2023) 39.8%
East Asia Market Value (2023) US$ 980.6 Million
Europe Market Share (2023) 22.1%
Europe Market Value (2023) US$ 545.5 Million
China Market Share (2023) 26.7%
China Market Value (2023) US$ 659.3 Million
Market Share of Top 3 Countries 49.2%
Key Companies Profiled Commsignia; Danlaw Inc; Harman Automotive (A Samsung Company); Mitsubishi; Movyon SpA; Q Free ASA; Solaredge Technologies Inc; Continental AG; Unex Technology Corporation

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Why is the Deployment of On Board Units Surging?

“Increasing Throughput at Tolling Facilities”

ETC systems have a high acceptance rate among drivers since they can minimize or eliminate delays sometimes associated with traditional toll facilities. Automatic vehicle identification (AVI), which is part of the ETC system, can reliably identify a particular vehicle at highway speeds using on board devices.

On board units are also connected to roadside electronic readers through antennas, which emit radio frequencies to conduct toll transactions. Open road tolling (ORT) offers a technology solution that makes it possible to use the pricing for traffic control without requiring moving traffic to stop and pay a toll. The most extensively used method for AVI is the deployment of roadside readers in conjunction with on board devices. Other methods utilized for AVI include DSRC and ANPR.

The market continues to adopt advancements and growth in the utilization of such devices. As a result, the market for on board units is expected to showcase 3.8X growth over the forecast period.

“Rapid Adoption in Autonomous Vehicles”

Autonomous driving is one of the primary factors triggering the demand for on board units in vehicles. The market is growing in parallel with the overall growth of the automotive industry. Advanced technologies are increasingly being adopted because of the improving standards of living and rising consumer preference for better safety standards.

The high adoption of ADAS is also another major reason for the elevated demand doe on board unit devices. In recent years, autonomous vehicles have gained traction. With developing infrastructure, on board units are poised to create an absolute dollar opportunity of US$ 7.4 billion during the forecast period.

“Research & Development in On Board Units to Upswing Market Growth”

New technical forces have a significant impact on onboard unit producers. From project conception to launch and operation, the development cycle for a conventional communication satellite lasts at least five years and sometimes even longer.

As a result, on board unit service providers must have a solid understanding of future communication needs to successfully serve current customers and attract new ones. This aspect may continue to be a significant growth obstacle for the global market during the projection period.

Country-wise Insights

What is the Market Scenario for On Board Units in the U.S.?

The United States on board units market is currently estimated at US$ 343.6 million and is expected to expand at a CAGR of 12.7% during the forecast period.

Due to technological advancements that make it simple to embrace new technologies, this will more effectively end a lot of traffic issues in the country. The United States is predicted to lead the market for on-board units in North America.

Why is the Market for On Board Units Highly Lucrative in China?

China is expected to be the highest contributor to on board unit sales and is expected to reach a market valuation of US$ 659.3 million in 2023. The main factors driving vehicle to everything (V2X) development in the country are telecommunications technology providers and automotive OEMs.

In terms of technological advancements, China is anticipated to dominate East Asia. Demand for on board units has increased in the country as a result of rising environmental concerns and increased spending power of the populace.

Since China is a global leader in the electronics sector, it will be possible to design on board gadgets that perform better and are more affordable. As a result, these factors are supporting the development of the Chinese on board units market, which is expected to grow at a CAGR of 13.5% through 2033.

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Category-wise Insights

Which Application of On Board Units Brings in High Revenue Streams for Market Players?

During the projected period, vehicle-to-vehicle communication under application is anticipated to account for the highest market share for on board units.

The potential of vehicle-to-vehicle (V2V) communication to wirelessly communicate data regarding the quickness and location of nearby cars offers significant promise in aiding in the prevention of collisions, reducing traffic congestion, and enhancing the environment.

With these on board units, academic institutions and the automotive industry have been advancing V2V communication's lifesaving potential for more than 10 years. These V2V communication messages can detect risks that are hidden by weather, topography, or traffic, and have a range of more than 300 meters.

Increasing regulations by governments in different regions has led to significant growth of the on board units market. By application, vehicle-to-vehicle communication is estimated to reach a market valuation of US$ 1.5 billion in 2023.

What Makes DSRC Technology So Widely Popular?

Demand for dedicated short-range communication (DSRC) is anticipated to expand rapidly and account for the largest market share of 78.2% in 2023. Without the use of cellular or other infrastructure, it is wireless communication technology that permits direct communication between automobiles and other road users.

Each car securely and anonymously transmits data of its location, heading, and speed 10 times each second. The message is received by all nearby vehicles, and each one calculates the risk that the transmitting vehicle poses. Safety applications such as left turn assistance (LTA), intersection movement assistance (IMA), and many others, which are considered to be risky, are assisted with the application.

For more than ten years, DSRC technology has been thoroughly tested, applied, and standardized for V2X applications. Products are available, and a sizable DSRC ecosystem offers a full range of coexisting solutions. This segment is estimated to account for a market valuation of US$ 1.9 billion in 2023.

Competitive Landscape

Prominent on board unit manufacturers are Commsignia, Danlaw Inc, Harman Automotive (A Samsung Company), Mitsubishi, Movyon SpA, Q Free ASA, Solaredge Technologies Inc, Continental AG, and Unex Technology Corporation.

Market players are trying to adopt newer technologies to stay on top of the competition. Several marketing strategies have been adopted such as strategic alliances, product launches, partnership agreements, research and development for superior performance, and many more.

Fact.MR has provided detailed information about the price points of key manufacturers of on board units positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Segmentation of On Board Units Industry Research

  • By Technology :

    • Dedicated Short Range Communication (DSRC)
    • Global Navigation Satellite Systems (GNSS)
  • By Connectivity :

    • Cellular Networks
    • Wi-Fi
    • Bluetooth
  • By Application :

    • Vehicle-to-Vehicle Communication
    • Vehicle-to-Infrastructure Communication
    • Vehicle-to-Pedestrian Communication
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Table of Content

  • 1. Global Market - Executive Summary
  • 2. Market Overview
  • 3. Market Background and Foundation Data
  • 4. Global Demand (Units) Analysis and Forecast
  • 5. Global Market - Pricing Analysis
  • 6. Global Market Value (US$ Mn) Analysis and Forecast
  • 7. Global Market Analysis and Forecast, By Technology
    • 7.1. Dedicated Short Range Communication (DSRC)
    • 7.2. Global Navigation Satellite Systems (GNSS)
  • 8. Global Market Analysis and Forecast, By Connectivity
    • 8.1. Cellular Network
    • 8.2. Wi-Fi
    • 8.3. Bluetooth
  • 9. Global Market Analysis and Forecast, By Application
    • 9.1. Vehicle to Vehicle Communication
    • 9.2. Vehicle to Infrastructure Communication
    • 9.3. Vehicle to Pedestrian Communication
  • 10. Global Market Analysis and Forecast, by Region
    • 10.1. North America
    • 10.2. Latin America
    • 10.3. Europe
    • 10.4. East Asia
    • 10.5. South Asia & Oceania
    • 10.6. Middle East & Africa
  • 11. North America Market Analysis and Forecast
  • 12. Latin America Market Analysis and Forecast
  • 13. Europe Market Analysis and Forecast
  • 14. East Asia Market Analysis and Forecast
  • 15. South Asia & Oceania Market Analysis and Forecast
  • 16. Middle East & Africa Market Analysis and Forecast
  • 17. Country-level Market Analysis and Forecast
  • 18. Market Structure Analysis
  • 19. Competition Analysis
    • 19.1. Commsignia
    • 19.2. Danlaw Inc
    • 19.3. Harman Automotive (A Samsung Company)
    • 19.4. Mitsubishi
    • 19.5. Movyon SpA
    • 19.6. Q Free ASA
    • 19.7. Solaredge Technologies Inc
    • 19.8. Continental AG
    • 19.9. Unex Technology Corporation
    • 19.10. Other Prominent Companies
  • 20. Assumptions & Acronyms Used
  • 21. Research Methodology

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List Of Table

Table 01. Global Market Value (US$ Mn) and Forecast by Region, 2018 to 2022

Table 02. Global Market Value (US$ Mn) and Forecast by Region, 2023 to 2033

Table 03. Global Market Volume (Units) and Forecast by Region, 2018 to 2022

Table 04. Global Market Volume (Units) and Forecast by Region, 2023 to 2033

Table 05. Global Market Value (US$ Mn) and Forecast By Technology, 2018 to 2022

Table 06. Global Market Value (US$ Mn) and Forecast By Technology, 2023 to 2033

Table 07. Global Market Volume (Units) and Forecast By Technology, 2018 to 2022

Table 08. Global Market Volume (Units) and Forecast By Technology, 2023 to 2033

Table 09. Global Market Value (US$ Mn) and Forecast By Connectivity, 2018 to 2022

Table 10. Global Market Value (US$ Mn) and Forecast By Connectivity, 2023 to 2033

Table 11. Global Market Volume (Units) and Forecast By Connectivity, 2018 to 2022

Table 12. Global Market Volume (Units) and Forecast By Connectivity, 2023 to 2033

Table 13. Global Market Value (US$ Mn) and Forecast By Application, 2018 to 2022

Table 14. Global Market Value (US$ Mn) and Forecast By Application, 2023 to 2033

Table 15. Global Market Volume (Units) and Forecast By Application, 2018 to 2022

Table 16. Global Market Volume (Units) and Forecast By Application, 2023 to 2033

Table 17. North America Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 18. North America Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 19. North America Market Volume (Units) and Forecast by Country, 2018 to 2022

Table 20. North America Market Volume (Units) and Forecast by Country, 2023 to 2033

Table 21. North America Market Value (US$ Mn) and Forecast By Technology, 2018 to 2022

Table 22. North America Market Value (US$ Mn) and Forecast By Technology, 2023 to 2033

Table 23. North America Market Volume (Units) and Forecast By Technology, 2018 to 2022

Table 24. North America Market Volume (Units) and Forecast By Technology, 2023 to 2033

Table 25. North America Market Value (US$ Mn) and Forecast By Connectivity, 2018 to 2022

Table 26. North America Market Value (US$ Mn) and Forecast By Connectivity, 2023 to 2033

Table 27. North America Market Volume (Units) and Forecast By Connectivity, 2018 to 2022

Table 28. North America Market Volume (Units) and Forecast By Connectivity, 2023 to 2033

Table 29. North America Market Value (US$ Mn) and Forecast By Application, 2018 to 2022

Table 30. North America Market Value (US$ Mn) and Forecast By Application, 2023 to 2033

Table 31. North America Market Volume (Units) and Forecast By Application, 2018 to 2022

Table 32. North America Market Volume (Units) and Forecast By Application, 2023 to 2033

Table 33. Latin America Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 34. Latin America Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 35. Latin America Market Volume (Units) and Forecast by Country, 2018 to 2022

Table 36. Latin America Market Volume (Units) and Forecast by Country, 2023 to 2033

Table 37. Latin America Market Value (US$ Mn) and Forecast By Technology, 2018 to 2022

Table 38. Latin America Market Value (US$ Mn) and Forecast By Technology, 2023 to 2033

Table 39. Latin America Market Volume (Units) and Forecast By Technology, 2018 to 2022

Table 40. Latin America Market Volume (Units) and Forecast By Technology, 2023 to 2033

Table 41. Latin America Market Value (US$ Mn) and Forecast By Connectivity, 2018 to 2022

Table 42. Latin America Market Value (US$ Mn) and Forecast By Connectivity, 2023 to 2033

Table 43. Latin America Market Volume (Units) and Forecast By Connectivity, 2018 to 2022

Table 44. Latin America Market Volume (Units) and Forecast By Connectivity, 2023 to 2033

Table 45. Latin America Market Value (US$ Mn) and Forecast By Application, 2018 to 2022

Table 46. Latin America Market Value (US$ Mn) and Forecast By Application, 2023 to 2033

Table 47. Latin America Market Volume (Units) and Forecast By Application, 2018 to 2022

Table 48. Latin America Market Volume (Units) and Forecast By Application, 2023 to 2033

Table 49. Europe Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 50. Europe Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 51. Europe Market Volume (Units) and Forecast by Country, 2018 to 2022

Table 52. Europe Market Volume (Units) and Forecast by Country, 2023 to 2033

Table 53. Europe Market Value (US$ Mn) and Forecast By Technology, 2018 to 2022

Table 54. Europe Market Value (US$ Mn) and Forecast By Technology, 2023 to 2033

Table 55. Europe Market Volume (Units) and Forecast By Technology, 2018 to 2022

Table 56. Europe Market Volume (Units) and Forecast By Technology, 2023 to 2033

Table 57. Europe Market Value (US$ Mn) and Forecast By Connectivity, 2018 to 2022

Table 58. Europe Market Value (US$ Mn) and Forecast By Connectivity, 2023 to 2033

Table 59. Europe Market Volume (Units) and Forecast By Connectivity, 2018 to 2022

Table 60. Europe Market Volume (Units) and Forecast By Connectivity, 2023 to 2033

Table 61. Europe Market Value (US$ Mn) and Forecast By Application, 2018 to 2022

Table 62. Europe Market Value (US$ Mn) and Forecast By Application, 2023 to 2033

Table 63. Europe Market Volume (Units) and Forecast By Application, 2018 to 2022

Table 64. Europe Market Volume (Units) and Forecast By Application, 2023 to 2033

Table 65. East Asia Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 66. East Asia Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 67. East Asia Market Volume (Units) and Forecast by Country, 2018 to 2022

Table 68. East Asia Market Volume (Units) and Forecast by Country, 2023 to 2033

Table 69. East Asia Market Value (US$ Mn) and Forecast By Technology, 2018 to 2022

Table 70. East Asia Market Value (US$ Mn) and Forecast By Technology, 2023 to 2033

Table 71. East Asia Market Volume (Units) and Forecast By Technology, 2018 to 2022

Table 72. East Asia Market Volume (Units) and Forecast By Technology, 2023 to 2033

Table 73. East Asia Market Value (US$ Mn) and Forecast By Connectivity, 2018 to 2022

Table 74. East Asia Market Value (US$ Mn) and Forecast By Connectivity, 2023 to 2033

Table 75. East Asia Market Volume (Units) and Forecast By Connectivity, 2018 to 2022

Table 76. East Asia Market Volume (Units) and Forecast By Connectivity, 2023 to 2033

Table 77. East Asia Market Value (US$ Mn) and Forecast By Application, 2018 to 2022

Table 78. East Asia Market Value (US$ Mn) and Forecast By Application, 2023 to 2033

Table 79. East Asia Market Volume (Units) and Forecast By Application, 2018 to 2022

Table 80. East Asia Market Volume (Units) and Forecast By Application, 2023 to 2033

Table 81. South Asia & Oceania Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 82. South Asia & Oceania Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 83. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2018 to 2022

Table 84. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2023 to 2033

Table 85. South Asia & Oceania Market Value (US$ Mn) and Forecast By Technology, 2018 to 2022

Table 86. South Asia & Oceania Market Value (US$ Mn) and Forecast By Technology, 2023 to 2033

Table 87. South Asia & Oceania Market Volume (Units) and Forecast By Technology, 2018 to 2022

Table 88. South Asia & Oceania Market Volume (Units) and Forecast By Technology, 2023 to 2033

Table 89. South Asia & Oceania Market Value (US$ Mn) and Forecast By Connectivity, 2018 to 2022

Table 90. South Asia & Oceania Market Value (US$ Mn) and Forecast By Connectivity, 2023 to 2033

Table 91. South Asia & Oceania Market Volume (Units) and Forecast By Connectivity, 2018 to 2022

Table 92. South Asia & Oceania Market Volume (Units) and Forecast By Connectivity, 2023 to 2033

Table 93. South Asia & Oceania Market Value (US$ Mn) and Forecast By Application, 2018 to 2022

Table 94. South Asia & Oceania Market Value (US$ Mn) and Forecast By Application, 2023 to 2033

Table 95. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2018 to 2022

Table 96. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2023 to 2033

Table 97. MEA Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 98. MEA Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 99. MEA Market Volume (Units) and Forecast by Country, 2018 to 2022

Table 100. MEA Market Volume (Units) and Forecast by Country, 2023 to 2033

Table 101. MEA Market Value (US$ Mn) and Forecast By Technology, 2018 to 2022

Table 102. MEA Market Value (US$ Mn) and Forecast By Technology, 2023 to 2033

Table 103. MEA Market Volume (Units) and Forecast By Technology, 2018 to 2022

Table 104. MEA Market Volume (Units) and Forecast By Technology, 2023 to 2033

Table 105. MEA Market Value (US$ Mn) and Forecast By Connectivity, 2018 to 2022

Table 106. MEA Market Value (US$ Mn) and Forecast By Connectivity, 2023 to 2033

Table 107. MEA Market Volume (Units) and Forecast By Connectivity, 2018 to 2022

Table 108. MEA Market Volume (Units) and Forecast By Connectivity, 2023 to 2033

Table 109. MEA Market Value (US$ Mn) and Forecast By Application, 2018 to 2022

Table 110. MEA Market Value (US$ Mn) and Forecast By Application, 2023 to 2033

Table 111. MEA Market Volume (Units) and Forecast By Application, 2018 to 2022

Table 112. MEA Market Volume (Units) and Forecast By Application, 2023 to 2033

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List Of Figures

Figure 01. Global Market Value (US$ Mn) and Volume (Units) Forecast, 2023 to 2033

Figure 02. Global Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 03. Global Market Value (US$ Mn) by Region, 2023 & 2033

Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023 to 2033

Figure 05. Global Market Value (US$ Mn) By Technology, 2023 & 2033

Figure 06. Global Market Y-o-Y Growth Rate By Technology, 2023 to 2033

Figure 07. Global Market Value (US$ Mn) By Connectivity, 2023 & 2033

Figure 08. Global Market Y-o-Y Growth Rate By Connectivity, 2023 to 2033

Figure 09. Global Market Value (US$ Mn) By Application, 2023 & 2033

Figure 10. Global Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 11. North America Market Value (US$ Mn) and Volume (Units) Forecast, 2023 to 2033

Figure 12. North America Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 13. North America Market Value (US$ Mn) by Country, 2023 & 2033

Figure 14. North America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 15. North America Market Value (US$ Mn) By Technology, 2023 & 2033

Figure 16. North America Market Y-o-Y Growth Rate By Technology, 2023 to 2033

Figure 17. North America Market Value (US$ Mn) By Connectivity, 2023 & 2033

Figure 18. North America Market Y-o-Y Growth Rate By Connectivity, 2023 to 2033

Figure 19. North America Market Value (US$ Mn) By Application, 2023 & 2033

Figure 20. North America Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 21. North America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 22. North America Market Attractiveness Analysis By Technology, 2023 to 2033

Figure 23. North America Market Attractiveness Analysis By Connectivity, 2023 to 2033

Figure 24. North America Market Attractiveness Analysis By Application, 2023 to 2033

Figure 25. Latin America Market Value (US$ Mn) and Volume (Units) Forecast, 2023 to 2033

Figure 26. Latin America Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 27. Latin America Market Value (US$ Mn) by Country, 2023 & 2033

Figure 28. Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 29. Latin America Market Value (US$ Mn) By Technology, 2023 & 2033

Figure 30. Latin America Market Y-o-Y Growth Rate By Technology, 2023 to 2033

Figure 31. Latin America Market Value (US$ Mn) By Connectivity, 2023 & 2033

Figure 32. Latin America Market Y-o-Y Growth Rate By Connectivity, 2023 to 2033

Figure 33. Latin America Market Value (US$ Mn) By Application, 2023 & 2033

Figure 34. Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 35. Latin America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 36. Latin America Market Attractiveness Analysis By Technology, 2023 to 2033

Figure 37. Latin America Market Attractiveness Analysis By Connectivity, 2023 to 2033

Figure 38. Latin America Market Attractiveness Analysis By Application, 2023 to 2033

Figure 39. Europe Market Value (US$ Mn) and Volume (Units) Forecast, 2023 to 2033

Figure 40. Europe Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 41. Europe Market Value (US$ Mn) by Country, 2023 & 2033

Figure 42. Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 43. Europe Market Value (US$ Mn) By Technology, 2023 & 2033

Figure 44. Europe Market Y-o-Y Growth Rate By Technology, 2023 to 2033

Figure 45. Europe Market Value (US$ Mn) By Connectivity, 2023 & 2033

Figure 46. Europe Market Y-o-Y Growth Rate By Connectivity, 2023 to 2033

Figure 47. Europe Market Value (US$ Mn) By Application, 2023 & 2033

Figure 48. Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 49. Europe Market Attractiveness Analysis by Country, 2023 to 2033

Figure 50. Europe Market Attractiveness Analysis By Technology, 2023 to 2033

Figure 51. Europe Market Attractiveness Analysis By Connectivity, 2023 to 2033

Figure 52. Europe Market Attractiveness Analysis By Application, 2023 to 2033

Figure 53. East Asia Market Value (US$ Mn) and Volume (Units) Forecast, 2023 to 2033

Figure 54. East Asia Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 55. East Asia Market Value (US$ Mn) by Country, 2023 & 2033

Figure 56. East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 57. East Asia Market Value (US$ Mn) By Technology, 2023 & 2033

Figure 58. East Asia Market Y-o-Y Growth Rate By Technology, 2023 to 2033

Figure 59. East Asia Market Value (US$ Mn) By Connectivity, 2023 & 2033

Figure 60. East Asia Market Y-o-Y Growth Rate By Connectivity, 2023 to 2033

Figure 61. East Asia Market Value (US$ Mn) By Application, 2023 & 2033

Figure 62. East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 63. East Asia Market Attractiveness Analysis by Country, 2023 to 2033

Figure 64. East Asia Market Attractiveness Analysis By Technology, 2023 to 2033

Figure 65. East Asia Market Attractiveness Analysis By Connectivity, 2023 to 2033

Figure 66. East Asia Market Attractiveness Analysis By Application, 2023 to 2033

Figure 67. South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Forecast, 2023 to 2033

Figure 68. South Asia & Oceania Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 69. South Asia & Oceania Market Value (US$ Mn) by Country, 2023 & 2033

Figure 70. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 71. South Asia & Oceania Market Value (US$ Mn) By Technology, 2023 & 2033

Figure 72. South Asia & Oceania Market Y-o-Y Growth Rate By Technology, 2023 to 2033

Figure 73. South Asia & Oceania Market Value (US$ Mn) By Connectivity, 2023 & 2033

Figure 74. South Asia & Oceania Market Y-o-Y Growth Rate By Connectivity, 2023 to 2033

Figure 75. South Asia & Oceania Market Value (US$ Mn) By Application, 2023 & 2033

Figure 76. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 77. South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033

Figure 78. South Asia & Oceania Market Attractiveness Analysis By Technology, 2023 to 2033

Figure 79. South Asia & Oceania Market Attractiveness Analysis By Connectivity, 2023 to 2033

Figure 80. South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033

Figure 81. MEA Market Value (US$ Mn) and Volume (Units) Forecast, 2023 to 2033

Figure 82. MEA Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 83. MEA Market Value (US$ Mn) by Country, 2023 & 2033

Figure 84. MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 85. MEA Market Value (US$ Mn) By Technology, 2023 & 2033

Figure 86. MEA Market Y-o-Y Growth Rate By Technology, 2023 to 2033

Figure 87. MEA Market Value (US$ Mn) By Connectivity, 2023 & 2033

Figure 88. MEA Market Y-o-Y Growth Rate By Connectivity, 2023 to 2033

Figure 89. MEA Market Value (US$ Mn) By Application, 2023 & 2033

Figure 90. MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 91. MEA Market Attractiveness Analysis by Country, 2023 to 2033

Figure 92. MEA Market Attractiveness Analysis By Technology, 2023 to 2033

Figure 93. MEA Market Attractiveness Analysis By Connectivity, 2023 to 2033

Figure 94. MEA Market Attractiveness Analysis By Application, 2023 to 2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How did the on board units market perform over the past few years?

During 2018 to 2022, worldwide sales of on board units increased at 8.6% CAGR.

Which regional market will account for a leading share?

East Asia leads the global on board units market accounting for 39.8% market share in 2023.

How is the global on board units market shaping up?

The global on board units market is valued at US$ 2.5 billion and is anticipated to reach US$ 9.5 billion by 2033-end.

Which type of technology is most prevalent in the market?

Dedicated Short Range Communication (DSRC) will account for 78.2% share of the global market and be valued at US$ 1.9 billion in 2023.

On Board Units Market

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