Press release
Vehicle-to-everything Market is expected to see growth rate of 18.7% and may see market size of USD63.4 Billion by 2024
Vehicle to everything (V2x) is a vehicular communication system where vehicles convey and receive information to their surroundings for efficient operation. Automobile companies are coming up with new features keeping public safety, fuel efficiency and user friendliness in mind. V2x system offers direct communication over longer distance thus, providing a complete picture of highway environment, also, it improves non-line-of-sight performance allowing vehicles and drivers to see through obstructions. The incorporation of V2x technology is making the roads safer and enhancing the driving experience as well. According to AMA, the Global Vehicle-to-everything market is expected to see growth rate of 18.7% and may see market size of USD63.4 Billion by 2024.Global Vehicle-to-everything Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.
Major Players in This Report Include,
Continental [Germany], Qualcomm [United States], NXP Semiconductors [Netherlands], Bosch [Germany] and Delphi [United Kingdom]. Additionally, following companies can also be profiled that are part of our coverage like BMW [Germany], Audi AG [Germany], Infineon Technologies AG (Germany), Cisco Systems, Inc. [United States], Intel Corporation [United States], Vodafone Group PLC [United Kingdom], PTC Inc. [United States], General Motors. [United States] and Harman International Industries, Inc. [United States]
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Market Drivers
• Growing Demand for Real-time Traffic Management and Incident Alerts in Order to Increase Public Safety
• Government Emphasizing on Better Traffic Management
Market Trend
• Integration of Various Services with Cloud
• Growing Automated Cars Leads to Rising Focus on Vehicle to Vehicle Connectivity
Restraints
• Lack of Cellular Connectivity in Emerging Countries
• Increasing Cost of Vehicles
Opportunities
• Emergence of 5G Cellular Connectivity
• Growing Demand of Autonomous Cars
Challenges
• Vehicle's Data Security and Cyber Threat
• Lack of Infrastructural Development in Emerging Countries
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In this research study, the prime factors that are impelling the growth of the Global Vehicle-to-everything market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Vehicle-to-everything market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The Global Vehicle-to-everything is segmented by Type (Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Device (V2D), Vehicle-to-Grid (V2G), Others), Propulsion Type (Internal Combustion Engine (ICE), Electric Vehicle (EV)), Offering Type (Hardware, Software), Technology Type (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), Connectivity Type (Dedicated Short Range Communication (DSRC), Cellular Connectivity)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Vehicle-to-everything market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Vehicle-to-everything Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Global Vehicle-to-everything Market
The report highlights Vehicle-to-everything market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Vehicle-to-everything, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Extracts from Table of Contents
Global Vehicle-to-everything Market Research Report
Chapter 1 Global Vehicle-to-everything Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
This report also analyzes the regulatory framework of the Global Markets Vehicle-to-everything Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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