Global Automotive Vehicle-to-Everything (V2X) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
“Global Automotive Vehicle-to-Everything (V2X) Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global automotive vehicle-to-everything (V2X) market report has been segmented on the basis of vehicle type, communication type, connectivity type, application, and region.
Global Automotive Vehicle-to-Everything (V2X) Market: Overview
Automotive vehicle-to-everything (V2X) is a vehicular communication system used to pass the information from vehicle to any object/person or from any object/person to the vehicle. It helps to saves energy in terms of fuel and increases road safety. Automotive vehicle-to-everything (V2X) system operates with internet access and usually connects with a wireless local area network.
Global Automotive Vehicle-to-Everything (V2X) Market: Dynamic
Increasing adoption for technological improvement in vehicle automation and electrification is a major factor expected to boost demand for automated vehicle-to-everything (V2X) system and drives growth of the global market over the forecast period.
In addition, increasing awareness about automotive vehicle-to-everything (V2X) for better communication during driving is another factor anticipated to bolster adoption and drives growth of the target market over the long run.
Furthermore, increasing concern towards vehicle safety, road safety, lesser traffic blocking, and less fuel wastage is also anticipated to bolster adoption of automotive vehicle-to-everything (V2X) systems and drives growth of the market in the next 10 years.
However, high cost of automated vehicle-to-everything (V2X) system and robust legal framework for all types of automotive vehicle-to-everything (V2X) communication system may hamper adoption for automotive vehicle-to-everything (V2X) systems and restrain growth of the market to a certain extent.
Global Automotive Vehicle-to-Everything (V2X) Market: Segment Analysis
Among the vehicle type, the passenger segment is expected to account for the highest growth in the global automotive vehicle-to-everything (V2X) market, owing to increasing adoption of automation and advanced technology.
Among the application, the automated driver assistance segment contributes leading share in the global automotive vehicle-to-everything (V2X) market, due to the automated driver assistance system improves driver safety especially for heavy vehicles.
Among connectivity type, the cellular segment is expected to account for the highest growth in the global automotive vehicle-to-everything (V2X) market, owing to increasing adoption of advanced technology for communication in automotive vehicle-to-everything (V2X) system.
Global Automotive Vehicle-to-Everything (V2X) Market: Region Analysis
The market in North America accounted for the highest revenue share in the global market owing to increasing demand for automotive vehicle-to-everything (V2X) system in vehicles for safety in countries in the region. Europe is also contributing to the second highest share in the global market.
The market in the Asia Pacific is expected to register a lucrative growth in terms of revenue in the global market over the forecast period, owing to increasing awareness and adoption for advanced technologies such as automotive vehicle-to-everything (V2X) system in countries such as Japan, India, Korea, and China in the region.
Global Automotive Vehicle-to-Everything (V2X) Market Segmentation:
Segmentation by Vehicle Type:
Segmentation by Communication Type:
- Vehicle-To-Vehicle (V2V)
- Vehicle-To-Infrastructure (V2I)
- Vehicle-To-Pedestrian (V2P)
- Vehicle-To-Grid (V2G)
- Vehicle-To-Home (V2H)
- Vehicle-To-Network (V2N)
Segmentation by Connectivity Type:
- Dedicated Short Range Communication (DSRC)
Segmentation by Application:
- Analytical Continuation
- Automated Driver Assistance
- Secluded Monitoring and Diagnostics
- Parking Managing System
- Flotilla and Asset Organization
- Commuter Data System
- Urgent Situation Vehicle Notification
- Intelligent Travel System
- Computerized Driver Assistance
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BMW Group
- Volkswagen AG
- Delphi Automotive PLC
- Infineon Technologies AG
- Qualcomm Inc.
- Continental AG
- Cohda Wireless Pty
- Savari Technologies Pvt. Ltd.
- Toyota Motor Corporation
- Kapsch TrafficCom
- AutoTalks Ltd.
- Arada Systems
- General Motors Company
- Daimler AG
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!