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V2X for Automotive market was valued at US$ 2793.8 million in 2022 and is anticipated to reach US$ 19300 million by 2029, witnessing a CAGR of 38.0% - Valuates Reports
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Vehicle-to-everything (V2X) is a next-generation wireless communications technology that connects vehicles to everything. V2X can connect a vehicle to any objects that can interact with the vehicle, including other vehicles, pedestrians, roadside infrastructure, and networks. V2X connects pedestrians, vehicles, roads, clouds, and other transportation elements, allowing vehicles to collect more information and promoting innovation and application of autonomous driving technologies. V2X also helps to build a smart transportation system, develop new models and forms for vehicle and transportation services, improve transportation efficiency, conserve resources, reduce pollution, avoid traffic accidents, and improve transportation management.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In the industry, Continental AG profits most in 2019 and recent years, while Qualcomm and NXP ranked 2 and 3. The top 3 market share is about 31% in 2019.
Nowadays, there are four mainly types of V2X for Automotive, including V2V, V2I, V2P and Other. And V2I is the main type for V2X for Automotive, with above 56% of global sales value.
This report aims to provide a comprehensive presentation of the global market for V2X for Automotive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding V2X for Automotive.
The V2X for Automotive market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global V2X for Automotive market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the V2X for Automotive companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
V2V
V2I
V2P
Segment by Application
Passenger Car
Commercial Vehicle
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