Press release
V2X Market By Types, Applications & Top Key Players
V2X Market size was valued at USD 47.53 Billion in 2022 and is projected to reach USD 144.38 Billion by 2030, growing at a CAGR of 17.3% from 2023 to 2030.Vehicle to Everything, or (V2X), is a communication technology that enables communication between vehicles and other systems like traffic, structures, cyclists, and people. Short-range wireless signals are used, which instantly assess the environment for dangers and take appropriate action. It is a kind of communication between different types of entities that also includes V2N (vehicle-to-network), V2I (vehicle-to-infrastructure), V2P (vehicle-to-pedestrian), V2V (vehicle-to-vehicle), V2D (vehicle-to-device), and V2G (vehicle-to-grid). It is especially relevant to driverless vehicles.
Along with this, it also lessens traffic, the severity of injuries, fatalities from traffic accidents, and collisions with other cars. It is therefore included into most cars all around the world to enable drivers to get information about oncoming traffic, weather patterns, road conditions, and activities of other drivers, thereby protecting the vehicle and its occupants. The primary technology styles in automobile V2X are line of sight, rider system, automatic driving assistance, emergency vehicle notification, and others, as well as multiple communication options like DSRC and cellular. The technology for emergency vehicle notification offers an emergency vehicle notification system that might serve as a technique of warning oncoming traffic of an emergency vehicle.
In order to pinpoint the current opportunities in the Automotive V2X market throughout the course of the forecast period, the Automotive V2X research offers a quantitative study of the market drivers, restraints, trends, and estimations. The ability of buyers and suppliers to develop their supplier-buyer networks and make profit-driven strategic decisions is demonstrated by Porter's five forces study. Determining the present Automotive V2X market potential requires in-depth analysis as well as information on market size and segmentation. The study also includes elements that may have a favourable or bad impact on the company and provides decision-makers with a clear futuristic vision of the sector.
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Global V2X Market: By Types
Vehicle-to-Vehicle (V2V)
Vehicle-to-Infrastructure (V2I)
Vehicle-to-Pedestrian (V2P)
Global V2X Market: By Applications
Road Safety Service
Automatic Parking System
Emergency Vehicles
Auto Car Service
By Region
North America
the United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Global V2X Market: Top Key Players
Delphi (Aptiv)
Continental AG
Denso
Cohda
Kapsch
Qualcomm
ETrans
Savari
Autotalks
Cohda
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Reasons to Purchase this Report:
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
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