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Automotive V2X Market Trends, Dynamic Growth, Size, Share And Outlook Forecast To 2030
Automotive V2X Market
https://www.thebusinessresearchcompany.com/global-market-reports
The global automotive V2X market reached a value of nearly $547.0 million in 2021, having increased at a compound annual growth rate (CAGR) of 39.7%. The global automotive V2X market size is expected to grow at a CAGR of 44.6% from 2021 to reach $3,396.7 million in 2026. The global automotive V2X market size is expected to reach $23,577.3 million in 2031, at a CAGR of 47.3%.
The growing global automotive industry is expected to be the key driver of the automotive V2X market. Automotive V2X technologies are mainly used in passenger cars and commercial vehicles. Forbes estimates that global auto sales will increase by 5% in 2022 to 86.9 million and 4% in 2023 to 89.7 million.
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The automotive V2X market is segmented -
• By Technology: mergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line Of Sight
• By Vehicle Type: Passenger Cars, Commercial Vehicles), By Connectivity (DSRC, Cellular
• By Communication: Vehicle To Vehicle (V2V), Vehicle To Infrastructure (V2I), Vehicle To Pedestrian (V2P), Vehicle To Grid (V2G), Vehicle To Cloud (V2C), Vehicle To Device (V2D)
Major competitors in the automotive V2X market include Robert Bosch GmbH, NXP Semiconductors N.V., HARMAN International (Samsung Electronics Co. Ltd.), Continental AG, Lear Corporation
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The automotive V2X market consists of sales of automotive V2X technologies by entities (organizations, sole traders, and partnerships) that are mainly used to increase safety and prevent collisions. Vehicle to Everything (V2X) is a communication system used in a vehicle that supports information exchange from a vehicle to moving components of the traffic system that may have an impact on the vehicle. The technology improves traffic efficiency by notifying drivers of how to approach traffic, offering other routes to avoid traffic, and spotting unoccupied parking spaces.
The Table Of Content For The Automotive V2X Market Include:
1. Automotive V2X Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
21. Key Mergers and Acquisitions In The Automotive V2X Market
22. Automotive V2X Market Opportunities And Strategies
23. Automotive V2X Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Automotive V2X Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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