Press release
Vehicle-to-Everything (V2X) Market Will Increase Demand, Statistics, Growth Rate In Forecast By 2028
Vehicle-to-Everything (V2X) Market
The global vehicle-to-everything (V2X) market is projected to reach a market size of USD 11.27 Billion by 2028 and register a robust CAGR during the forecast period, according to latest analysis by Emergen Research. Growing demand for vehicle-to-everything can be attributed to rising demand for autonomous cars and vehicles with more advanced safety features, especially in developed economies. Implementation of vehicle-to-everything communication increases drivers’ awareness about the surroundings and aids in facilitating autonomous driving. V2X assists in communicating information such as speed accuracy, brake pedal status, and heading.
The Vehicle-to-Everything report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
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Intelligent traffic systems are immensely benefitted with vehicle-to-everything communication, which helps in improving traffic efficiency. Vehicles optimize their arrival by obtaining traffic light green signal cycle, and even traffic lights adjust on the basis of feedback received from arriving vehicles.
Competitive landscape benchmarking with a focus on business profiles, product portfolio, business strategies such as M&A activities, revenue, market positions, market share, global position, and financial standing
Major companies operating in vehicle-to-everything market include Continental AG, Infineon Technologies AG, Robert Bosch GmbH, NXP Semiconductors, Harman International, Delphi Technologies, Qualcomm Technologies Inc., DENSO Corporation, Autotalks Ltd., and STMicroelectronics.
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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types.
Communication Type Outlook (Revenue, USD Million; 2018–2028)
Vehicle-to-Vehicle (V2V)
Vehicle-to-Pedestrian (V2P)
Vehicle-to-Infrastructure (V2I)
Vehicle-to-Cloud (V2C)
Vehicle-to-Device (V2D)
Vehicle-to-Grid (V2G)
Others
Application Outlook (Revenue, USD Million; 2018–2028)
Automated Driver Assistance
Emergency Vehicle Notification
Intelligent Traffic Systems
Passenger Information System
Fleet and Asset Management
Parking Management System
Others
Connectivity Outlook (Revenue, USD Million; 2018–2028)
Dedicated Short Range Communication (DSRC)
Cellular V2X
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Key regions covered in the report:
North America, Europe , Asia Pacific, Latin America, Middle East & Africa
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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Key questions addressed in the report:
What are the key factors driving the global Vehicle-to-Everything market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Vehicle-to-Everything market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Read more: https://www.emergenresearch.com/industry-report/vehicle-to-everything-market
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Emergen Research | Web: www.emergenresearch.com
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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