Vehicle-to-Everything (V2X) Market Size Worth USD 11.27 Billion by 2028, Market Trends – High incidence of road accidents

April 09 16:05 2021
The global vehicle-to-everything (V2X) market size was USD 677.9 Million in 2020 and is projected to reach a market size of USD 11.27 Billion in 2028 and register a CAGR of 41.8% during the forecast period

vehicle-to-everything (V2X) market is projected to reach a market size of USD 11.27 Billion by 2028 and register a robust CAGR during the forecast period, according to latest analysis by Emergen Research. Growing demand for vehicle-to-everything can be attributed to rising demand for autonomous cars and vehicles with more advanced safety features, especially in developed economies. Implementation of vehicle-to-everything communication increases drivers’ awareness about the surroundings and aids in facilitating autonomous driving. V2X assists in communicating information such as speed accuracy, brake pedal status, and heading.

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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Vehicle-to-Everything (V2X) market.

Major companies operating in vehicle-to-everything market include Continental AG, Infineon Technologies AG, Robert Bosch GmbH, NXP Semiconductors, Harman International, Delphi Technologies, Qualcomm Technologies Inc., DENSO Corporation, Autotalks Ltd., and STMicroelectronics.

  • Communication Type Outlook (Revenue, USD Million; 2018–2028)
    • Vehicle-to-Vehicle (V2V)
    • Vehicle-to-Pedestrian (V2P)
    • Vehicle-to-Infrastructure (V2I)
    • Vehicle-to-Cloud (V2C)
    • Vehicle-to-Device (V2D)
    • Vehicle-to-Grid (V2G)
    • Others
  • Application Outlook (Revenue, USD Million; 2018–2028)
    • Automated Driver Assistance
    • Emergency Vehicle Notification
    • Intelligent Traffic Systems
    • Passenger Information System
    • Fleet and Asset Management
    • Parking Management System
    • Others
  • Connectivity Outlook (Revenue, USD Million; 2018–2028)
    • Dedicated Short Range Communication (DSRC)
    • Cellular V2X

The Global Vehicle-to-Everything (V2X) Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Vehicle-to-Everything (V2X) market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Radical Features of the Vehicle-to-Everything (V2X) Market Report:

  • The report encompasses Vehicle-to-Everything (V2X) market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Vehicle-to-Everything (V2X) industry

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Vehicle-To-Everything (V2X) Market Segmentation & Impact Analysis

    4.1. Vehicle-To-Everything (V2X) Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers’ analysis

                    4.2.2.1. Rising demand for autonomous cars

                    4.2.2.2. Growing concern for vehicle safety

                    4.2.2.3. Increasing requirement for lesser traffic congestion

          4.2.3. Market restraints analysis

                    4.2.3.1. Data security and privacy concerns

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Vehicle-To-Everything (V2X) Market By Communication Type Insights & Trends, Revenue (USD Million) 

    5.1. Communication Dynamics & Market Share, 2020 & 2028

          5.1.1. Vehicle-to-Vehicle (V2V)

          5.1.2. Vehicle-to-Pedestrian (V2P)

          5.1.3. Vehicle-to-Infrastructure (V2I)

          5.1.4. Vehicle-to-Cloud (V2C)

          5.1.5. Vehicle-to-Device (V2D)

          5.1.6. Vehicle-to-Grid (V2G)

          5.1.7. Others

Chapter 6. Vehicle-To-Everything (V2X) Market By Application Insights & Trends Revenue (USD Million) 

    6.1. Application Dynamics & Market Share, 2020 & 2028

          6.1.1. Automated Driver Assistance

          6.1.2. Emergency Vehicle Notification

          6.1.3. Intelligent Traffic Systems

          6.1.4. Passenger Information System

          6.1.5. Fleet and Asset Management

          6.1.6. Parking Management System

          6.1.7. Others

Chapter 7. Vehicle-To-Everything (V2X) Market By Connectivity Insights & Trends Revenue (USD Million) 

    7.1. Connectivity Dynamics & Market Share, 2020 & 2028

          7.1.1. Dedicated Short Range Communication (DSRC)

          7.1.2. Cellular V2X

Continue…!

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