Global Automotive V2X Market is Projected to Grow at a CAGR of 44.2%, from USD 689 Million in 2020 to USD 12,859 Million by 2028 - ResearchAndMarkets.com

DUBLIN--()--The "Automotive V2X Market by Connectivity (DSRC, and Cellular), Communication (V2V, V2I, V2P, V2G, V2C, and V2D), Vehicle (Passenger Car, and Commercial Vehicle), Propulsion (ICE and EV), Unit, Offering, Technology, and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Increasing focus on R&D activities, rapid development of C-V2X technology, and advantages like increased fuel economy and enhanced safety are expected to fuel the automotive V2X market.

The advancements in the 5G technology are among the key factors driving the automotive V2X market. The need to curb the increasing pollution caused by transportation is another key factor driving the automotive V2X market.

Cellular segment is expected to have the highest growth rate during the forecast period, by connectivity.

The cellular segment is projected to have the highest growth rate during the forecast period due to increasing trials/tests taking place across the globe. Cellular is expected to offer better performance in terms of cybersecurity than DSRC. Cellular connectivity is also cheaper and offers better performance, especially in congested traffic environments, which has contributed to the growth of this segment.

Passenger car segment is projected to have the largest share of the automotive V2X market, by vehicle type.

There are a number of passenger cars equipped with V2X which are available in the market. This would enable the entry of more passenger car models equipped with V2X in the future. There are a number of passenger car models equipped with V2X, such as Volkswagen Golf 8th gen, which is expected to be launched in the market during the forecast period. The high sales of passenger cars in Asia Pacific is also expected to contribute to the growth of the passenger car V2X market during the forecast period.

Europe is projected to be the largest automotive V2X market during the forecast period.

The presence of top automotive OEMs such as Volkswagen AG and Daimler AG, who have equipped their vehicles with V2X, has contributed to the growth of the European market. The presence of key V2X players such as Continental AG, Robert Bosch, and Infineon has also driven the European automotive V2X market. The growing number of tests/trials taking place regarding cellular connectivity in Europe, especially in Germany, is fueling the European automotive V2X market further.

Reasons to Buy the Report:

The report enables new entrants as well as established firms to understand the market better and help them acquire a larger market share. Firms purchasing the report could use any one or a combination of the four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.

The report provides insights into the following points:

  • Market Penetration: The report offers comprehensive information about the automotive V2X market and top players involved.
  • Product Development/Innovation: The report provides detailed insights into the upcoming technologies, R&D activities, and new product launches in the automotive V2X market.
  • Market Development: The report offers comprehensive information about the automotive V2X market. The report analyzes the automotive V2X market across regions and provides comprehensive information about lucrative emerging markets.
  • Market Diversification: The report provides exhaustive information about new products, untapped regional markets, recent developments, and investments in the automotive V2X market.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Package Size

1.5 Limitations

1.6 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Secondary Data

2.3 Primary Data

2.4 Market Size Estimation

2.5 Market Breakdown and Data Triangulation

2.6 Assumptions & Associated Risks

3 Executive Summary

3.1 Revenue Shift Driving the Automotive V2X Market Growth

4 Premium Insights

4.1 Attractive Opportunities in the Automotive V2X Market

4.2 Automotive V2X Market, By Region

4.3 European Automotive V2X Market, By Communication & Country

4.4 Automotive V2X Market, By Propulsion

4.5 Automotive V2X Market, By Unit

4.6 Automotive V2X Market, By Vehicle

4.7 Automotive V2X Market, By Connectivity

4.8 Automotive V2X Market, By Technology

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.3 V2X Market Scenarios (2020-2028)

6 Industry Trends

6.1 Introduction

6.2 Porter's 5 Forces

6.3 Value Chain Analysis

6.4 Technological Analysis

7 Automotive V2X Market, By Offering

7.1 Introduction

7.2 Hardware

7.3 Software

7.4 Key Industry Insights

8 Automotive V2X Market, By Communication

8.1 Introduction

8.2 Operational Data

8.3 Vehicle-To-Vehicle (V2V)

8.4 Vehicle-To-Infrastructure (V2I)

8.5 Vehicle-To-Grid (V2G)

8.6 Vehicle-To-Pedestrian (V2P)

8.7 Vehicle-To-Cloud (V2C)

8.8 Vehicle-To-Device (V2D)

8.9 Key Industry Insights

9 Automotive V2X Market, By Propulsion

9.1 Introduction

9.2 Operational Data

9.3 ICE

9.4 EV

9.5 Key Industry Insights

10 Automotive V2X Market, By Connectivity

10.1 Introduction

10.2 Operational Data

10.3 DSRC (Dedicated Short-Range Communications)

10.4 C-V2X (Cellular-V2X)

10.5 Key Industry Insights

11 Automotive V2X Market, By Technology

11.1 Introduction

11.2 Operational Data

11.3 V2V

11.4 V2I

11.5 V2P

11.6 Key Industry Insights

12 Automotive V2X Market, By Vehicle Type

12.1 Introduction

12.2 Operational Data

12.3 Passenger Car

12.4 Commercial Vehicle

12.5 Key Industry Insights

13 Automotive V2X Market, By Unit

13.1 Introduction

13.2 Operational Data

13.3 On-Board Unit (OBU)

13.4 Roadside Unit (RSU)

13.5 Key Industry Insights

14 Automotive V2X Market, By Region

14.1 Introduction

14.2 Asia Pacific

14.3 Europe

14.4 North America

14.5 RoW

15 Competitive Landscape

15.1 Overview

15.2 Market Ranking Analysis

15.3 Competitive Scenario

15.4 Competitive Leadership Mapping

15.5 Competitive Leadership Mapping

15.6 Winners vs Tail-Enders

16 Company Profiles

16.1 Qualcomm Technologies, Inc.

16.2 Continental AG

16.3 Robert Bosch GmbH

16.4 Autotalks LTD.

16.5 Delphi Technologies

16.6 NXP Semiconductors

16.7 Infineon Technologies AG

16.8 Denso Corporation

16.9 STMicroelectronics

16.10 Harman International

16.11 Cohda Wireless

16.12 Savari, Inc.

16.13 Other Key Players

16.13.1 Europe

16.13.1.1 Kapsch Group

16.13.1.2 Marben Products

16.13.1.3 Altran

16.13.1.4 Nokia

16.13.1.5 Dspace GmbH

16.13.1.6 Ficosa Internacional Sa

16.13.1.7 Escrypt

16.13.1.8 Vector Informatik GmbH

16.13.1.9 Volkswagen AG

16.13.1.10 BMW AG

16.13.1.11 Daimler AG

16.13.1.12 Audi AG

16.13.1.13 Groupe Renault

16.13.1.14 Mclaren Group

16.13.2 Asia Pacific

16.13.2.1 Unex Technology Corp.

16.13.2.2 Mitsubishi Corporation

16.13.2.3 Flex LTD.

16.13.2.4 Huawei Technologies Co., LTD.

16.13.2.5 Tata Motors

16.13.2.6 Hitachi Solutions, LTD.

16.13.2.7 Hyundai Motor Company

16.13.2.8 Nissan Motor Corporation

16.13.3 North America

16.13.3.1 Lear Corporation

16.13.3.2 Intel Corporation

16.13.3.3 Danlaw, Inc.

16.13.3.4 Commsignia LTD

16.13.3.5 General Motors

16.13.3.6 Ford Motor Company

17 Recommendations

17.1 Europe Will Be the Major Market for Automotive V2X

17.2 Cellular Connectivity Holds the Key for V2X Communication in the Coming Years

17.3 Conclusion

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900