Press release
Automotive V2X Market to reach USD 25.01 Bn by 2029, Technological Advancements and Growth Opportunities
Pune 02, May 2023: Automotive V2X Market accounted for USD 2.59 Bn in 2022 and is expected to reach USD 25.01 Bn by 2029 at a CAGR of 38.2 Percent during the forecast period.Automotive V2X Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the global Automotive V2X market, including past and current scenarios of the market, with the forecasted market size. The report covers all the aspects of the market, including key players, market leaders, followers, and new entrants. It also includes strategic profiling of top key players, their core competencies, and their strategies like new product launches, growths, agreements, joint ventures, partnerships, and acquisitions that apply to the businesses.
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The research is carried out by using an in-depth analysis of the market insights, facts, historical data, and industry-validated market statistics. The estimates are based on an appropriate set of assumptions and methodologies. Major Key Players in the Automotive V2X market are identified through secondary research, and their market revenues are determined through a study of the top manufacturers' annual and financial reports, interviews with company key persons, and industry professionals.
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What are Automotive V2X Market Dynamics:
The Automotive V2X Market is driven by the innovations in connected vehicle technology and growing collaborations in the automobile industry. OEMs are increasingly focusing on advanced mobility such as connected and autonomous vehicles to remain competitive. Multinational manufacturers like Ford (US), GM (US), Mercedes-Benz (Germany), and Volkswagen (Germany) are boosting their investments in R&D of hardware, software, and related services to vehicle connectivity and autonomous driving.
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The lack of proper infrastructure and high costs associated with V2X technology are restraining the growth of the Automotive V2X Market.
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Automotive V2X Market Regional Insights
The report provides regional insights of the Automotive V2X market, including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to dominate the market, followed by Europe and Asia-Pacific, due to the presence of major automobile manufacturers and advancements in the V2X technology.
What is Automotive V2X Market Segmentation?
by vehicle type:
• Commercial
• Passenger
by application:
• Predictive Maintenance
• Remote Monitoring and Diagnostics
• Parking Management System
• Fleet and Asset Management
• Passenger Information System
• Emergency Vehicle Notification
• Intelligent Traffic System
• Automated Driver Assistance
by communication type:
• Vehicle-to-Vehicle
• Vehicle-to-Network
• Vehicle-to-Home
• Vehicle-to-Grid
• Vehicle-to-Pedestrian
• Vehicle-to-Infrastructure
by offering:
• Hardware
• Software
by connectivity type:
• Cellular
• DSRC
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Who are Automotive V2X Market Key Players?
• Intel Corporation (US)
• Qualcomm Technologies Inc.(US)
• Harman International Industries, Inc.(US)
• Nvidia Corporation(US)
• NXP Semiconductors N.V.(Netherland)
• TomTom International BV.(Netherland)
• Autotalks ltd. (Israel)
• Cohda Wireless (Australia)
•Continental AG(Germany)
• Daimler AG(Germany)
• Audi AG(Germany)
• Infineon Technologies AG (Germany)
• Robert Bosch GmBH (Germany)
Table of content for the Automotive V2X Market includes:
Global Automotive V2X Market: Research Methodology
Global Automotive V2X Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Automotive V2X Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Automotive V2X Market Segmentation
Global Market, by vehicle type(2021-2029)
Global Market, by application(2021-2029)
Global Market, by communication type(2021-2029)
Global Market, by offering(2021-2029)
Global Market, by connectivity type(2021-2029)
Regional Automotive V2X Market(2021-2029)
Global Market, by vehicle type(2021-2029)
Global Market, by application(2021-2029)
Global Market, by communication type(2021-2029)
Global Market, by offering(2021-2029)
Global Market, by connectivity type(2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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