The Global Automotive V2X Market Size, By Connectivity( Cellular, DSRC) By Communication( Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Grid (V2G), Vehicle-to-Cloud (V2C), Vehicle-to Device (V2D)) By Vehicle Type( Passenger Cars, Commercial Vehicles ) By Propulsion( Internal Combustion Engines, Electric Vehicles) By Technology (Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet & Asset Management, Parking Management System, Line of Sight, Non-line of Sight, Backing, Others) By Unit( On-Board Units, Roadside Units) and By Region, Market Share & Forecast, Global Forecast to 2022 – 2027.
Global Automotive V2X Market
The Global Automotive V2X Market size is estimated to be USD 2.6 billion in 2022 and is projected to reach USD 19.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 39.7% during the forecast period, 2022 – 2027.
The Global Automotive V2X market delivers a comprehensive evaluation of the market. It does give a comprehensive analysis via research study which observes historical data & emerging technology to determine the industry’s growth drivers.
The growth of the Automotive V2X Market is attributed to factors such as increasing concerns related environmental pollution, rising demand for connected vehicles, growing developments related to autonomous vehicles, in conjunction with advancements in 5G technology that will create new opportunities for this market.
In this report study, the key trend prospects & important drivers for the Automotive V2X market’s growth are explored and analysed in depth. The market dynamics included in the report includes drivers, restraints, opportunities, and challenges, which may have a positive or negative impact on market overall growth.
Global Automotive V2X Market Report Objective
This report helps the user understand the market in terms of definition, segmentation, market potential, key trends, and industry challenges. Industry analysis were undertaken across the report’s framework, which will help readers obtain a comprehensive scenario of the market. The market statistics & data were acquired from reliable sources such as websites, annual reports of companies, journals, and other publications, then double-checked and validated by industry experts.
This report also covers PORTER’S five forces to help determine several factors like the threat of substitutes, competitive analysis, power of buyer, supplier as well as the threat of new entry. The report has classified the Global Automotive V2X Market based on Connectivity, Communication, Vehicle Type, Propulsion, Technology, Unit, and Region.
Key Players:
The Global Automotive V2X Market is dominated by major players such as Qualcomm Incorporated, Autotalks, Continental AG, Cohda Wireless, Robert Bosch GmbH, STMicroelectronics, HARMAN International, Infineon Technologies AG, Altran, and NXP Semiconductors.
These companies offer automotive V2Xs technology and have strong distribution networks at the global level.
Market Taxonomy
By Connectivity
Cellular
DSRC
By Communication
Vehicle-to-Vehicle (V2V)
Vehicle-to-Infrastructure (V2I)
Vehicle-to-Pedestrian (V2P)
Vehicle-to-Grid (V2G)
Vehicle-to-Cloud (V2C)
Vehicle-to Device (V2D)
By Vehicle Type
Passenger Cars
Commercial Vehicles
By Propulsion
Internal Combustion Engines
Electric Vehicles
By Technology
Automated Driver Assistance
Intelligent Traffic Systems
Emergency Vehicle Notification
Passenger Information System
Fleet & Asset Management
Parking Management System
Line of Sight
Non-line of Sight
Backing
Others
By Unit
On-Board Units
Roadside Units
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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