Automotive Vehicle-to-Everything (V2X) Market Size Analysis, Industry Outlook, & Region Forecast, 2020-2027

Automotive Vehicle-to-Everything (V2X) Market
Automotive Vehicle-to-Everything (V2X) Market

Reports and Data has recently published a novel report on global Automotive Vehicle-to-Everything (V2X) market based on current market dynamics along with in depth information about industry aspects, and emerging and existing market trends throughout the forecast period of 2021 to 2027. The report offers a comprehensive assessment on market trends, market growth, drivers, restraints, growth opportunities and challenges.

Market Dynamics:

The global Automotive Vehicle-to-Everything (V2X) market is rapidly expanding in terms of revenue in 2020 and is expected to register significantly robust revenue CAGR during the forecast period, 2021 and 2027 according to a novel report published by Reports and Data. The information and communication industry is rapidly growing over the recent past. This can be attributed to factors such as rapid advancements in ICT sector, rising concerns regarding data breaching in MNCs, hospitals, and other sectors, increasing adoption of cloud services, Internet of Things (IoT), and digitalization, and high penetration of smart devices such as laptops, smartphones, tablets, computers, and internet services. Other factors such as increasing demand for advanced solutions to manage large data, and increasing adoption of ICT services in various sectors including agriculture, finance and banking, automotive and healthcare are expected to fuel market growth going ahead.

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Key Regions of the Automotive Vehicle-to-Everything (V2X) Market:

Continental AG, Aptiv, Qualcomm Inc., Infineon Technologies AG, Arada Systems Inc, Cohda Wireless Pty, Kapsch TrafficCom, Savari Technologies Pvt. Ltd., Denso Corporation, eTrans Systems, Arada Systems, AutoTalks Ltd., Toyota Motor Corporation, Volkswagen AG, Daimler AG, General Motors Company, and BMW Group, among others.

Competitive Landscape:

The global Automotive Vehicle-to-Everything (V2X) market is quite competitive and comprise of several regional and global market players. The report offers precise information about each market player including global position, financial standing, license agreement and product portfolio. These key players are focused on developing advanced software and security technologies, and adopting strategies such as mergers and acquisitions, partnerships, R&D investments, collaborations and product launches to retain their market position and strengthen product portfolio.

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Furthermore, the report offers insights of the market segments based on product type, applications, end users, and geographical bifurcations.

Automotive Vehicle-to-Everything (V2X) Market segmentation by Type:

Vehicle type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)

  • Commercial
  • Passenger

Communication type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)

  • Vehicle-To-Cloud (V2C)
  • Vehicle-To-Pedestrian (V2P)
  • Vehicle-To-Grid (V2G)
  • Vehicle-To-Infrastructure (V2I)
  • Vehicle-To-Vehicle (V2V)
  • Vehicle-To-Device (V2D)
  • Vehicle-To-Network (V2N)
  • Vehicle-To-Home (V2H)

Technology type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)

  • Dedicated Short Range Communication or DSRC Connectivity (WLAN-based)
  • Cellular Connectivity (C-V2X)
  • Others
    • Signal processing technologies
    • Channel estimation and measurement technologies
    • Front-hauling and back-hauling technologies

Offering type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)

  • Software
  • Hardware
    • V2V Hardware
      • GPS Antenna
      • GPS Module
      • Ethernet Port
      • CPU
      • Others
    • V2I Hardware
      • GPS Antenna
      • GPS Module
      • Ethernet Port
      • CPU
      • Others
    • V2P Hardware
      • GPS Antenna
      • GPS Module
      • Ethernet Port
      • CPU
      • Others
    • V2G Hardware
      • Power Control System (PCS)
      • Others

Propulsion type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)

  • Electric Vehicle (EV)
  • Internal Combustion Engine (ICE) Vehicle

Applications Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)

  • Automated Driver Assistance
  • Intelligent Traffic System
  • Emergency Vehicle Notification
  • Passenger Information System
  • Fleet & Asset Management
  • Parking Management System
  • Line of Sight
  • Non-Line of Sight
  • Predictive Maintenance
  • Remote Monitoring And Diagnostics
  • Backing

Automotive Vehicle-to-Everything (V2X) Market segmentation by Region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, South Africa, U.A.E, Rest of MEA)

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Key Questions Addressed In the Report:

  • What is the expected market size of the global Automotive Vehicle-to-Everything (V2X) market during the forecast period?
  • What CAGR is the global market expected to register between 2021 and 2027?
  • Which regional market is expected to register rapid CAGR throughout the forecast period?
  • Which key factors are expected to boost global market growth during the forecast period?
  • What are the key restraints that are expected to hamper global market growth?
  • Which key players are operating the global Automotive Vehicle-to-Everything (V2X) market?

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