V2X Market For Automotive 2018 Key Country Analysis: Continental, Qualcomm, NXP Semiconductors, Robert Bosch, and Delphi AutomotiveBosch, and Delphi

V2X (Vehicle-to-everything) Market Share, Growth, Trends, and Key Country Analysis Research Report 2018, Global V2X Market will register highest growth through 2023. Report provides in-depth analysis of V2X Industry by Communication Type (V2C, V2D, V2G, V2P, V2V and V2I), Component Type (Hardware and Software), and Propulsion Type (ICE and EV) and by Regions.

This study provides an overview of the Global V2X market, tracking market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

V2X Market Key Company Competitive Landscape:

The eminent players of the V2X market are Continental (Germany), Qualcomm (US), NXP Semiconductors (Netherlands), Robert Bosch (Germany), and Delphi Automotive (U.K.).

V2X market is volatile and highly competitive with the presence of some well-established vendors. These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the V2X market is heating up. As these key players are increasingly investing towards the development of new technology, many smaller companies will not be able to keep up with the technological pace.

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Market Overview:

V2X is completely dependent on the automotive industry. Thus, the increase or decrease in demand for the automobiles directly has an impact on the market for V2X and other automotive driver assistance systems. The total four wheeler production for the year 2015 was approximately 90 million units, and it is expected to witness further growth and reach more than 100 million units by the year 2020. This becomes a primary factor driving the V2X market, as the interiors of the automobiles have gained prevalence in recent times with numerous technological developments and rapidly increasing disposable income among the consumers. Thus, the growth of the V2X market is expected to go hand in hand with the automotive industry.

The use of V2X technology is rapidly increasing in the automotive industry. V2X offers automobile manufacturers with a cost-effective and versatile form of wireless connectivity. Automotive V2X enables features such as enhanced safety features, in-car real-time data and is now included as standard equipment on millions of new cars and commercial vehicles. The V2X market is driven by various factors such as the growing demand for connectivity features in cars and the ability to carry out vehicle diagnostics. However, the coverage and range limitation of V2X coupled with its slow data transfer is a major restraint in the market. Poor security offered by V2X technology, also acts as a hindrance to the widespread implementation of V2X. 

Segmentation:

The global V2X market has been segmented by Communication Type as V2C, V2D, V2G, V2P, V2V and V2I. By component type, the market has been segmented as Hardware and Software. By propulsion type, the market has been segmented as ICE and EV. By region, the market for V2X has been segmented as North America, Europe, Asia Pacific, Middle East & Africa and South America.

Regional Analysis:

The V2X market is currently booming in the Asia Pacific region. Rapidly rising vehicle production in this region is one of the primary driving factors. Improving infrastructure in this region combined with improving living standards have positively impacted the automotive industry as a whole. Increasing incidence of vehicle electrification in the Asia Pacific region is also expected to impact the V2X market positively. Availability of cheap labor in Asia Pacific has also been a critical factor in the V2X market. Additionally rapidly growing automotive infrastructure in this region is expected to lay the groundwork for the rapid development of the automotive sector.

North America and Europe are the two other leading regions, mainly, due to the established automotive industry. The existence of major manufacturers in this region, is also a key driver for the V2X industry. Massive investment in research and development enables manufacturers in this region to develop new techniques and products to tap capitalizing on the future market trends. The automotive industry in the Middle East and South America is at a nascent stage. The market for V2X is expected to have steady growth during the forecast period. These regions are expected to be lucrative in the future with many automotive manufacturers pumping investments to capitalize on the sufficient demand in these regions.

List of Tables:

Table 1 V2X Market: By Region, 2017-2023

Table 2 North America V2X Market: By Country, 2017-2023

Table 3 Europe V2X Market: By Country, 2017-2023

Table 4 Asia Pacific V2X Market: By Country, 2017-2023

Table 5 RoW V2X Market: By Country, 2017-2023

Table 6 V2X Market, By Body Type, By Regions, 2017-2023

Table 7 North America V2X Market, By Body Type, By Country, 2017-2023

Table 8 Europe V2X Market, By Body Type, By Country, 2017-2023

Table 9 Asia Pacific V2X Market By Body Type, By Country, 2017-2023

Table 10 RoW V2X Market By Body Type, By Country, 2017-2023

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List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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