Press release
Automotive V2X Market to reach USD 25.01 Bn by 2029, emerging at a CAGR of 38.2 percent and forecast 2023-2029
Automotive V2X Market
The report highlights the pivotal role of V2X technology in improving road safety and traffic efficiency, as emphasized by the World Health Organization (WHO), which estimates that V2X technology could potentially reduce road accident deaths by 80%. With increasing investments and involvement from various companies, the automotive V2X market is witnessing significant growth. The integration of 5G and AI, along with the rising popularity of autonomous vehicles, further fuels the adoption of V2X technology.
Maximize Market Research Pvt Ltd's report provides a quantitative analysis of market drivers, restraints, trends, and estimations to identify prevailing opportunities in the Automotive V2X market. Utilizing PORTER's five forces analysis, the report assesses the ability of buyers and suppliers to make strategic decisions. The comprehensive analysis includes market size, segmentation, and key players, offering valuable insights for decision-makers.
The research employs in-depth analysis of market insights, historical data, and industry-validated statistics. Utilizing a bottom-up approach, the data collection and analysis ascertain market size by volume and value across various segments. Key players are identified through secondary research, annual reports, and interviews with industry professionals. Segmentation based on vehicle type, application, communication type, offering, connectivity type, and region provides a holistic market overview.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/9764
Automotive V2X Market Dynamics:
The automotive industry is currently undergoing a significant transformation, with original equipment manufacturers (OEMs) increasingly prioritizing advanced mobility solutions such as connected and autonomous vehicles. In order to maintain their competitiveness, multinational manufacturers such as Ford (US), GM (US), Mercedes-Benz (Germany), and Volkswagen (Germany) are significantly enhancing their investments in research and development (R&D) efforts focused on hardware, software, and related services for vehicle connectivity and autonomous driving.
An illustrative example of this trend is evident in Hyundai Motor's strategic partnership with Autotalks, forged in August 2021. Through a direct investment, Hyundai Motor aims to accelerate the development and implementation of next-generation chipsets tailored for connected vehicles. These advancements not only promise to enhance vehicle and road safety but also play a crucial role in facilitating mobility, particularly in the context of autonomous driving. Yunseong Hwang, Director of the Open Innovation Business Group at Hyundai Motor Company, emphasizes the significance of connectivity as a core technology applicable to various domains, including smart city initiatives, autonomous driving, and infotainment. Hyundai Motor remains committed to investing in innovative technologies that align with its strategic objectives.
Automotive V2X Market Regional Insights:
The Asia Pacific region is poised to emerge as the dominant Automotive V2X market throughout the forecast period. This region encompasses both established economies like China and India, as well as burgeoning markets. In recent years, the Asia Pacific has solidified its position as a key hub for automobile manufacturing. The increasing purchasing power of consumers, coupled with rising environmental concerns, has spurred demand for V2X technologies across the region.
Moreover, the Asia Pacific is anticipated to witness the highest growth rates in new vehicle sales and connected vehicle penetration. Currently, China boasts a connected vehicle penetration rate of 45.2%, signaling significant market potential. Leveraging their status as electronics leaders, countries like South Korea and Japan are well-positioned to develop V2X products with enhanced performance at competitive prices.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/9764
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
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/9764
Automotive V2X Market Key Players:
1. Intel Corporation (US)
2. Qualcomm Technologies Inc.(US)
3. Harman International Industries, Inc.(US)
4. Nvidia Corporation(US)
5. NXP Semiconductors N.V.(Netherland)
6. TomTom International BV.(Netherland)
7. Autotalks ltd. (Israel)
8. Cohda Wireless (Australia)
9. Continental AG(Germany)
10.Daimler AG(Germany)
11.Audi AG(Germany)
12.Infineon Technologies AG (Germany)
13.Robert Bosch GmBH (Germany)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-v2x-market/9764/
Table of content for the Automotive V2X Market includes:
1. Global Automotive V2X Market: Research Methodology
2. 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
3.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
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• 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
• Recommendations
Related Report:
Paraffin Inhibitors Market : https://www.maximizemarketresearch.com/market-report/paraffin-inhibitors-market/147995/
Natural Stone and Marble Market : https://www.maximizemarketresearch.com/market-report/natural-stone-and-marble-market/148185/
Desiccant Market : https://www.maximizemarketresearch.com/market-report/desiccant-market/148807/
Functional Films Market : https://www.maximizemarketresearch.com/market-report/functional-films-market/123538/
Global Aerofoils Market : https://www.maximizemarketresearch.com/market-report/global-aerofoils-market/71949/
Immersion Cooling Fluids Market : https://www.maximizemarketresearch.com/market-report/immersion-cooling-fluids-market/161385/
Linux Operating System Market : https://www.maximizemarketresearch.com/market-report/linux-operating-system-market/148096/
Sodium Ion Battery Market : https://www.maximizemarketresearch.com/market-report/sodium-ion-battery-market/147535/
Automotive Turbocharger Market : https://www.maximizemarketresearch.com/market-report/global-automotive-turbocharger-market/4618/
Avascular Necrosis Market : https://www.maximizemarketresearch.com/market-report/avascular-necrosis-market/188352/
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive V2X Market to reach USD 25.01 Bn by 2029, emerging at a CAGR of 38.2 percent and forecast 2023-2029 here
News-ID: 3368941 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, F …
Automotive Telematics Insurance Market size was valued at USD 101.50 Billion in 2024 and the total Automotive Telematics Insurance revenue is expected to grow at a CAGR of 15.96% from 2025 to 2032, reaching nearly USD 331.86 Billion.
Automotive Telematics Insurance Market Overview:
The Automotive Telematics Insurance Market, often referred to as Usage-Based Insurance (UBI), represents the convergence of telecommunications and informatics within the auto insurance sector. This market revolves around the…
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, T …
Artificial Intelligence in Agriculture Market size is expected to grow at 21.5% throughout the forecast period, reaching nearly US$ 7.88 Bn by 2030
Artificial Intelligence in Agriculture Market Overview:
The Artificial Intelligence in Agriculture market represents the integration of advanced computational technologies into farming practices to enhance efficiency, productivity, and sustainability. This market encompasses a wide array of solutions, including predictive analytics for crop yield forecasting, computer vision systems for monitoring plant…
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a …
Offshore Support Vessels Market size was valued at USD 2510.79 Million in 2024 and the total Offshore Support Vessels revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 4155.34 Million.
Offshore Support Vessels Industry Overview:
The offshore support vessels (OSV) industry provides a critical maritime logistical backbone for offshore oil and gas exploration and production activities, as well as a growing role in offshore…
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.2 …
Commercial Vehicles Market size was valued at USD 848.63 Billion in 2024 and the total Commercial Vehicles revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1225.45 Billion.
Commercial Vehicles Market Overview:
The commercial vehicles market is a vital segment of the global automotive industry, encompassing vehicles designed primarily for transporting goods or passengers for commercial purposes. This broad category includes light commercial vehicles…
More Releases for V2X
Automotive V2X Connectivity: Global Market Outlook 2024
"The Business Research Company recently released a comprehensive report on the Global Automotive V2X Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Automotive Cellular V2X (C-V2X) Modules Market 2023 | Futuristic Technology- Hua …
The Automotive Cellular V2X (C-V2X) Modules research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of the businesses, significant market key players are also enlisted in order to deliver readers with in-depth analysis about…
The future of V2X Market
V2X, which stands for "Vehicle-to-Everything," refers to the communication between a vehicle and other objects, including other vehicles, pedestrians, infrastructure, and the cloud. V2X technology has the potential to enhance road safety, improve traffic efficiency, and enable new mobility services.
Get a Free Sample Copy of the V2X Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6821940
The growth of the V2X market is driven by several factors, including the increasing demand for road safety,…
5G V2X Market to Witness Huge Growth by Key Players: V2X Technology, Equipment, …
The 5G V2X report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The 5G V2X research report recognizes and gets fundamental…
5G V2X Market to Witness Huge Growth by Key Players: V2X Technology, Equipment, …
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the 5G V2X industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The 5G V2X market survey report has been prepared by conducting market research in a systematic manner. Moreover, the 5G V2X report includes a professional in-depth study…
Automotive Cellular V2X (C-V2X) Modules Market Size, Share, Industry, Analysis, …
The Global Automotive Cellular V2X (C-V2X) Modules Market 2021 by Regions, Type, and Application, forecast to 2027 research report is a comprehensive, methodical, and all-encompassing examination of the industry. The study's goal is to help key vendors, organisations, and end-users in the industry better grasp the benefits and complete features of market segments. It examines market dynamics and gives an overview to aid in the definition, categorization, and statistical analysis…
