Automotive V2X Market Analysis and Forecast to 2032

Automotive V2X Market Analysis and Forecast to 2032: By Offering (Hardware, Software), Propulsion (ICE, EV), Type (Passenger Vehicles Commercial Vehicles), and Region


Automotive V2X is a technology that enables vehicles to communicate with each other, as well as with other roadside infrastructure, in order to exchange information and improve safety. V2X can be used for a variety of applications such as cooperative braking, adaptive cruise control, and route planning. By sharing data, V2X-equipped vehicles can avoid collisions, reduce traffic congestion, and improve fuel efficiency.

Key Trends

One of the key trends in Automotive V2X technology is the development of dedicated short-range communication (DSRC) systems. DSRC systems use radio frequencies to communicate between vehicles and roadside infrastructures, such as traffic lights and road signs.

Another key trend is the development of vehicle-to-vehicle (V2V) communication systems. These systems allow vehicles to communicate with each other, exchanging information about their speed, location, and other data.

Finally, another key trend is the development of vehicle-to-infrastructure (V2I) communication systems. These systems allow vehicles to communicate with roadside infrastructures, such as traffic lights and road signs.

Key Drivers

The automotive industry is undergoing a major transformation, driven by advances in technology, changing consumer preferences, and stricter environmental regulations.

V2X (vehicle-to-everything) technology is a key enabler of these trends and is expected to play a major role in the future of the automotive industry. V2X technology allows vehicles to communicate with each other and with infrastructures, such as traffic lights and road signs.

This communication can be used for a variety of applications, such as providing real-time traffic information, improving safety, and reducing congestion.

Restraints & Challenges

The key restraints and challenges in the Automotive V2X market are:

1. Lack of awareness about the technology and its benefits among consumers: One of the key restraints for the growth of the automotive V2X market is the lack of awareness about the technology and its benefits among consumers.

2. High costs associated with the technology: Another key restraint for the automotive V2X market is the high costs associated with the technology.

Market Segments

The automotive V2X market is segmented by offering, propulsion, type, and region. By offering, the market is classified into hardware and software. Based on propulsion, it is bifurcated into ICE and EV. On the basis of type, it is divided into passenger vehicles and commercial vehicles. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global automotive V2X market includes players such as Altran, Autotalks Ltd., Continental AG, Harman International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies Inc., Robert Bosch GmbH, Savari Inc, STMicroelectronics, and others.


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Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Automotive V2X Market Outlook
3.1. Automotive V2X Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Automotive V2X Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Automotive V2X Market
4.3. Economic Impact Analysis
Chapter 5. Automotive V2X Market by Offering
5.1. Market Overview
5.2. Hardware
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Software
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Automotive V2X Market by Propulsion
6.1. Market Overview
6.2. ICE
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. EV
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Automotive V2X Market by Type
7.1. Market Overview
7.2. Passenger Vehicle
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Commercial vehicle
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Automotive V2X Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.2.3. North America Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.2.4. North America Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.5. North America Automotive V2X Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.2.6.2. The U.S. Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.2.6.3. The U.S. Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.2.7.2. Canada Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.2.7.3. Canada Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.2.8.2. Mexico Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.2.8.3. Mexico Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.3.3. Europe Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.3.4. Europe Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.5. Europe Automotive V2X Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.3.6.2. Germany Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.3.6.3. Germany Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.3.7.2. France Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.3.7.3. France Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.3.8.2. U.K. Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.3.8.3. U.K. Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.3.9.2. Spain Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.3.9.3. Spain Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.3.10.2. Italy Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.3.10.3. Italy Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Automotive V2X Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.4.4. Asia-Pacific Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.4.5. Asia-Pacific Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.4.6.2. China Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.4.6.3. China Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.4.7.2. India Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.4.7.3. India Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.4.8.2. Japan Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.4.8.3. Japan Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.4.9.2. South Korea Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.4.9.3. South Korea Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.5.3. Rest of the World Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.5.4. Rest of the World Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.5. Rest of the World Automotive V2X Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.5.6.2. Latin America Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.5.6.3. Latin America Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.5.7.2. Middle East Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.5.7.3. Middle East Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Automotive V2X Market Size and Forecast by Offering, 2021-2031, ($Million)
8.5.8.2. Africa Automotive V2X Market Size and Forecast by Propulsion, 2021-2031, ($Million)
8.5.8.3. Africa Automotive V2X Market Size and Forecast by Type, 2021-2031, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. Altran
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Autotalks Ltd
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Continental AG
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Harman International
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Infineon Technologies AG
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. NXP Semiconductors
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Qualcomm Technologies Inc
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Robert Bosch GmbH
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Savari Inc
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. STMicroelectronics
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of companies is subject to change during the final compilation of the report

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