Automotive V2X Market by Communication Type (Vehicle-to-Cloud, Vehicle-to-Device, Vehicle-to-Grid), Connectivity (Cellular-V2X Communication, Dedicated Short-Range Communication), Offering, Vehicle Type - Global Forecast 2023-2030
The Automotive V2X Market is projected to reach USD 37.51 billion by 2030 from USD 3.69 billion in 2022, at a CAGR of 33.58% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive V2X Market.
- Based on Communication Type, market is studied across Vehicle-to-Cloud, Vehicle-to-Device, Vehicle-to-Grid, Vehicle-to-Infrastructure, Vehicle-to-Pedestrian, and Vehicle-to-Vehicle. The Vehicle-to-Device commanded largest market share of 23.23% in 2022, followed by Vehicle-to-Grid.
- Based on Connectivity, market is studied across Cellular-V2X Communication and Dedicated Short-Range Communication. The Cellular-V2X Communication commanded largest market share of 46.23% in 2022, followed by Dedicated Short-Range Communication.
- Based on Offering, market is studied across Infrastructure-Based and Vehicle-Based. The Infrastructure-Based is further studied across Communication Infrastructure, Roadside Units, and Traffic Management Systems. The Vehicle-Based is further studied across Connected Vehicle Applications, In-Vehicle Displays, and On-Board Units. The Vehicle-Based commanded largest market share of 61.12% in 2022, followed by Infrastructure-Based.
- Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Cars. The Passenger Cars commanded largest market share of 62.12% in 2022, followed by Commercial Vehicles.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 39.23% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive V2X Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Automotive V2X Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Automotive V2X Market, highlighting leading vendors and their innovative profiles. These include Capgemini SE, Cohda Wireless Pty Ltd., Continental AG, Denso Corporation, Fermata Energy LLC, Ford Motor Company, Gateworks Corporation, General Motors, Huawei Technologies Co., Ltd., Hyundai Motor Company, Infineon Technologies AG, Intel Corporation, International Business Machines Corporation, Kapsch TrafficCom AG, Lear Corporation, LG Electronics Inc., Microsec Ltd., Nokia Corporation, NTT Docomo, Inc., NXP Semiconductors N.V., Panasonic Holdings Corporation, Qualcomm Incorporated, Quectel Wireless Solutions Co., Ltd., Robert Bosch GmbH, Rohde & Schwarz India Pvt. Ltd., Samsung Electronics Co., Ltd., Siemens AG, STMicroelectronics N.V., TDK Corporation, Telefonaktiebolaget LM Ericsson, Texas Instruments Incorporated, Thales Group, Toyota Motor Corporation, u-blox AG, Valeo S.A., Vector Informatik GmbH, Visteon Corporation, and Volkswagen AG.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Automotive V2X Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Automotive V2X Market?
- What is the competitive strategic window for identifying opportunities in the Automotive V2X Market?
- What are the latest technology trends and regulatory frameworks in the Automotive V2X Market?
- What is the market share of the leading vendors in the Automotive V2X Market?
- Which modes and strategic moves are suitable for entering the Automotive V2X Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Automotive V2X Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand for in-vehicle connectivity solutions
- 5.1.1.2. Government focus on road safety features
- 5.1.1.3. Rising demand for cloud-based V2X communication in traffic systems
- 5.1.2. Restraints
- 5.1.2.1. High cost of implementation and limitations of automotive V2X system
- 5.1.3. Opportunities
- 5.1.3.1. Potential of 5G & AI technology coupled with the advancements in cellular-V2X (CV2X) technology
- 5.1.3.2. Potential of V2X technology to enhance environmental sustainability
- 5.1.4. Challenges
- 5.1.4.1. Security and privacy issues associated with V2X communication systems
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.3.1. Growing regulatory support for the development and deployment of V2X technologies in the automotive sector in the Americas
- 5.3.2. Supportive government initiatives for connected vehicle infrastructure and ongoing advancements in product portfolios in the APAC region
- 5.3.3. EMEA’s focus on road safety, traffic efficiency, and autonomous vehicle deployment
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Automotive V2X Market, by Communication Type
- 6.1. Introduction
- 6.2. Vehicle-to-Cloud
- 6.3. Vehicle-to-Device
- 6.4. Vehicle-to-Grid
- 6.5. Vehicle-to-Infrastructure
- 6.6. Vehicle-to-Pedestrian
- 6.7. Vehicle-to-Vehicle
- 7. Automotive V2X Market, by Connectivity
- 7.1. Introduction
- 7.2. Cellular-V2X Communication
- 7.3. Dedicated Short-Range Communication
- 8. Automotive V2X Market, by Offering
- 8.1. Introduction
- 8.2. Infrastructure-Based
- 8.3.1. Communication Infrastructure
- 8.3.2. Roadside Units
- 8.3.3. Traffic Management Systems
- 8.3. Vehicle-Based
- 8.4.1. Connected Vehicle Applications
- 8.4.2. In-Vehicle Displays
- 8.4.3. On-Board Units
- 9. Automotive V2X Market, by Vehicle Type
- 9.1. Introduction
- 9.2. Commercial Vehicles
- 9.3. Passenger Cars
- 10. Americas Automotive V2X Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Automotive V2X Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Automotive V2X Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. Qualcomm acquires Autotalks to boost Snapdragon’s automotive safety technology, reportedly for USD 350-400M
- 13.3.1.2. Hankook & Company acquires autonomous driving technology from 3Secondz
- 13.3.2. Agreement, Collaboration, & Partnership
- 13.3.2.1. VicOne and DFI Expand Partnership to Provide Advanced Embedded Automotive Cybersecurity Solutions for Safely Integrating Connected Cars and Smart Cities
- 13.3.2.2. MobileDrive details ADAS-focused technology partnership with Siemens
- 13.3.2.3. HARMAN and American Center for Mobility (ACM) Announce Strategic Collaboration at MWC 2023
- 13.3.2.4. Phoenix Motorcars & Fermata Energy Form Long-Term Partnership for V2X Bidirectional Charging
- 13.3.2.5. CEVA and Autotalks Expand Collaboration to Create World's First 5G-V2X Solution
- 13.3.3. New Product Launch & Enhancement
- 13.3.3.1. LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation '5G-V2X Cellular Module
- 13.3.3.2. Quectel Launches Automotive Grade 5G NR Release 16 Modules to Support Autonomous Driving
- 13.3.4. Investment & Funding
- 13.3.4.1. Charging firm Indra receives new tranche of investment
- 13.3.4.2. UK announces £16 million (USD 19.57 million) in V2X and demand side response projects
- 13.3.5. Award, Recognition, & Expansion
- 13.3.5.1. FCC Waiver Enables Harman to Deploy C-V2X Technology
- 13.3.5.2. Applied Information Granted Patent to Streamline Data and Reduce Bandwidth for Cellular Vehicle to Everything Communications up to 97%
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Capgemini SE
- 14.1.2. Cohda Wireless Pty Ltd.
- 14.1.3. Continental AG
- 14.1.4. Denso Corporation
- 14.1.5. Fermata Energy LLC
- 14.1.6. Ford Motor Company
- 14.1.7. Gateworks Corporation
- 14.1.8. General Motors
- 14.1.9. Huawei Technologies Co., Ltd.
- 14.1.10. Hyundai Motor Company
- 14.1.11. Infineon Technologies AG
- 14.1.12. Intel Corporation
- 14.1.13. International Business Machines Corporation
- 14.1.14. Kapsch TrafficCom AG
- 14.1.15. Lear Corporation
- 14.1.16. LG Electronics Inc.
- 14.1.17. Microsec Ltd.
- 14.1.18. Nokia Corporation
- 14.1.19. NTT Docomo, Inc.
- 14.1.20. NXP Semiconductors N.V.
- 14.1.21. Panasonic Holdings Corporation
- 14.1.22. Qualcomm Incorporated
- 14.1.23. Quectel Wireless Solutions Co., Ltd.
- 14.1.24. Robert Bosch GmbH
- 14.1.25. Rohde & Schwarz India Pvt. Ltd.
- 14.1.26. Samsung Electronics Co., Ltd.
- 14.1.27. Siemens AG
- 14.1.28. STMicroelectronics N.V.
- 14.1.29. TDK Corporation
- 14.1.30. Telefonaktiebolaget LM Ericsson
- 14.1.31. Texas Instruments Incorporated
- 14.1.32. Thales Group
- 14.1.33. Toyota Motor Corporation
- 14.1.34. u-blox AG
- 14.1.35. Valeo S.A.
- 14.1.36. Vector Informatik GmbH
- 14.1.37. Visteon Corporation
- 14.1.38. Volkswagen AG
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
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