Global Automotive Vehicle to Everything (V2X) Communications Market Growth (Status and Outlook) 2023-2029

Global Automotive Vehicle to Everything (V2X) Communications Market Growth (Status and Outlook) 2023-2029

V2X technology is based on 5.9GHz Dedicated Short Range Communication, a derivative of WiFi specifically defined for fast moving objects. It allows vehicles to communicate their state, such as their position and speed, to surrounding vehicles and infrastructures even in non-line-of-sight condition, such as behind a building or a curve.

LPI (LP Information)' newest research report, the “Automotive Vehicle to Everything (V2X) Communications Industry Forecast” looks at past sales and reviews total world Automotive Vehicle to Everything (V2X) Communications sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Vehicle to Everything (V2X) Communications sales for 2023 through 2029. With Automotive Vehicle to Everything (V2X) Communications sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Vehicle to Everything (V2X) Communications industry.

This Insight Report provides a comprehensive analysis of the global Automotive Vehicle to Everything (V2X) Communications landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Vehicle to Everything (V2X) Communications portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Vehicle to Everything (V2X) Communications market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Vehicle to Everything (V2X) Communications and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Vehicle to Everything (V2X) Communications.

The global Automotive Vehicle to Everything (V2X) Communications market size is projected to grow from US$ 1775.5 million in 2022 to US$ 7486.2 million in 2029; it is expected to grow at a CAGR of 22.8% from 2023 to 2029.

Global Automotive Vehicle to Everything (V2X) Communications key players include Arada Systems, Autotalks Ltd., Cohda Wireless, Delphi Automotive, Denso, etc. Global top five manufacturers hold a share over 40%.

North America is the largest market, with a share about 30%, followed by Euorpe, and Japan, both have a share over 40 percent.

In terms of product, Vehicle-to-Infrastructure (V2I communication) is the largest segment, with a share nearly 65%. And in terms of application, the largest application is Road safety service, followed by Automatic parking system, Emergency vehicles, Auto car service.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Vehicle to Everything (V2X) Communications market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Vehicle-to-vehicle Communication (V2V communication)

Vehicle-to-Infrastructure (V2I communication)

Vehicle-to-Pedestrian (V2P communication)

Segmentation by application

Road Safety Service

Automatic Parking System

Emergency Vehicles

Auto Car Service

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Arada Systems

Autotalks Ltd.

Cohda Wireless

Delphi Automotive

Denso

eTrans Systems

Kapsch TrafficCom

Qualcomm

Savari Inc

Please note: The report will take approximately 2 business days to prepare and deliver.