Press release
Vehicle-to-Everything (V2X) Market revenue is expected to grow by 18.7% from 2023 to 2030, reaching nearly USD 7.26 Billion.
Vehicle-to-Everything (V2X)
The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities.
Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Vehicle-to-Everything (V2X) market.
Some of the companies listed in the study from the complete survey list are Continental (Germany), Qualcomm (United States), NXP Semiconductors (Netherlands), Bosch (Germany), Delphi (United Kingdom), Autotalks Ltd. (Israel), Capgemini Engineering (France), Cohda Wireless (Australia), Continental AG (Germany), Delphi Technologies (United Kingdom), HAAS, Inc. (United States), Harman International (United States).
According to HTF Market Intelligence, the global Vehicle-to-Everything (V2X) market is valued at USD 2.6 Billion in 2023 and estimated to reach a revenue of USD 7.26 Billion by 2030, with a CAGR of 18.7% from 2023 to 2030.
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Definition:
Vehicle-to-Everything (V2X) refers to a technology that enables communication and data exchange between a vehicle (typically an automobile) and all other entities that may affect it, including other vehicles (V2V), infrastructure (V2I), pedestrians (V2P), cyclists (V2C), and the cloud (V2C). The primary goal of V2X communication is to enhance road safety, traffic efficiency, and overall mobility by enabling vehicles to gather information beyond their immediate surroundings and react accordingly.
Market Trends:
The rollout of 5G networks is facilitating faster and more reliable communication between vehicles and their surroundings.
Low-latency and high-bandwidth 5G networks are essential for enabling V2X applications that require quick response times and large data transfers.
Market Drivers:
One of the primary drivers for V2X technology is its potential to significantly enhance road safety. By enabling vehicles to communicate with each other (V2V) and with surrounding infrastructure (V2I), V2X systems can provide critical information about road conditions, potential hazards, and the presence of other vehicles or pedestrians.
This real-time data exchange can help prevent accidents, reduce collisions, and improve overall road safety.
Market Opportunities:
V2X technology can greatly enhance road safety by enabling vehicles to communicate with each other (V2V) and with infrastructure (V2I). This communication allows for real-time exchange of information about traffic conditions, potential hazards, and the presence of pedestrians or cyclists, thereby reducing accidents and improving overall safety for road users.
Target Audience:
Key Players in This Report Include: Continental (Germany), Qualcomm (United States), NXP Semiconductors (Netherlands), Bosch (Germany), Delphi (United Kingdom), Autotalks Ltd. (Israel), Capgemini Engineering (France), Cohda Wireless (Australia), Continental AG (Germany), Delphi Technologies (United Kingdom), HAAS, Inc. (United States), Harman International (United States)
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The Global Vehicle-to-Everything (V2X) Market segments and Market Data Break Down are illuminated below:
Vehicle-to-Everything (V2X) Market is Segmented by Global Vehicle-to-Everything (V2X) Market Breakdown by Type (Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Device (V2D), Vehicle-to-Grid (V2G), Others) by Propulsion Type (Internal Combustion Engine (ICE), Electric Vehicle (EV)) by Component (Hardware, Software) by Technology (Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet & Asset Management, Parking Management System, Line of sight, Non-line of sight, Backing, Others) by Connectivity (Dedicated Short Range Communication (DSRC), Cellular Connectivity) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Vehicle-to-Everything (V2X) market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Vehicle-to-Everything (V2X) market by value and volume.
• -To estimate the market shares of major segments of the Vehicle-to-Everything (V2X)
• -To showcase the development of the Vehicle-to-Everything (V2X) market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Vehicle-to-Everything (V2X) market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Vehicle-to-Everything (V2X)
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Vehicle-to-Everything (V2X) market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Vehicle-to-Everything (V2X) Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Vehicle-to-Everything (V2X) market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Vehicle-to-Everything (V2X) Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Vehicle-to-Everything (V2X) Market Production by Region Vehicle-to-Everything (V2X) Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Vehicle-to-Everything (V2X) Market Report:
• Vehicle-to-Everything (V2X) Overview, Definition and Classification Market drivers and barriers
• Vehicle-to-Everything (V2X) Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Vehicle-to-Everything (V2X) Market
• Vehicle-to-Everything (V2X) Capacity, Production, Revenue (Value) by Region (2023-2030)
• Vehicle-to-Everything (V2X) Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Vehicle-to-Everything (V2X) Production, Revenue (Value), Price Trend by Type {Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Device (V2D), Vehicle-to-Grid (V2G), Others}
• Vehicle-to-Everything (V2X) Manufacturers Profiles/Analysis Vehicle-to-Everything (V2X) Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
• How feasible is Vehicle-to-Everything (V2X) market for long-term investment?
• What are influencing factors driving the demand for Vehicle-to-Everything (V2X) near future?
• What is the impact analysis of various factors in the Global Vehicle-to-Everything (V2X) market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Contact Us :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: + 15075562445
sales@htfmarketintelligence.com
Connect with us at LinkedIn | Facebook | Twitter
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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