The automotive V2X market size is expected to be worth around USD 12.93 Billion by 2027 and poised to grow at a CAGR of 43% over the forecast period 2021 to 2027.
Vehicle to Everything (V2X) is a technology that helps increase road safety through advanced technological improvements in automotive electronics. V2X is based on the Intelligent Transportation System (ITS) concept and helps in efficient traffic management. V2X technology allows vehicles to communicate with nearby vehicles, obstacles such as pedestrians and infrastructure, as well as vehicles out of sight or other elements in traffic jam areas.
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Key Market Segments
By offering
- Hardware
- Software
By communication
- Vehicle-to-Vehicle (V2V)
- Vehicle-to-Infrastructure (V2I)
- Vehicle-to-Pedestrian (V2P)
- Vehicle-to-Grid (V2G)
- Vehicle-to-Cloud (V2C)
- Vehicle-to Device (V2D)
By propulsion
- ICE
- EV
By connectivity
- Cellular
- DSRC
Key Players
- Altran
- Autotalks Ltd.
- Continental AG
- HARMAN International
- Infineon Technologies AG
- NXP Semiconductors
Scope of the Report
The research study analyzes the global Automotive V2X industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Automotive V2X Market is available at:https://www.orionmarketreports.com/automotive-v2x-market/52269/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive V2X Market Report
1.What was the Automotive V2X Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automotive V2X Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive V2X Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive V2X market.
- The market share of the global Automotive V2X market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive V2X market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive V2X market.
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