Global Automotive V2X Market is Projected to Grow at a CAGR of 44.2%, from USD 689 Million in 2020 to USD 12,859 Million by 2028 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 2, 2020--
The “Automotive V2X Market by Connectivity (DSRC, and Cellular), Communication (V2V, V2I, V2P, V2G, V2C, and V2D), Vehicle (Passenger Car, and Commercial Vehicle), Propulsion (ICE and EV), Unit, Offering, Technology, and Region - Global Forecast to 2028” report has been added to ResearchAndMarkets.com’s offering.
Increasing focus on R&D activities, rapid development of C-V2X technology, and advantages like increased fuel economy and enhanced safety are expected to fuel the automotive V2X market.
The advancements in the 5G technology are among the key factors driving the automotive V2X market. The need to curb the increasing pollution caused by transportation is another key factor driving the automotive V2X market.
Cellular segment is expected to have the highest growth rate during the forecast period, by connectivity.
The cellular segment is projected to have the highest growth rate during the forecast period due to increasing trials/tests taking place across the globe. Cellular is expected to offer better performance in terms of cybersecurity than DSRC. Cellular connectivity is also cheaper and offers better performance, especially in congested traffic environments, which has contributed to the growth of this segment.
Passenger car segment is projected to have the largest share of the automotive V2X market, by vehicle type.
There are a number of passenger cars equipped with V2X which are available in the market. This would enable the entry of more passenger car models equipped with V2X in the future. There are a number of passenger car models equipped with V2X, such as Volkswagen Golf 8th gen, which is expected to be launched in the market during the forecast period. The high sales of passenger cars in Asia Pacific is also expected to contribute to the growth of the passenger car V2X market during the forecast period.
Europe is projected to be the largest automotive V2X market during the forecast period.
The presence of top automotive OEMs such as Volkswagen AG and Daimler AG, who have equipped their vehicles with V2X, has contributed to the growth of the European market. The presence of key V2X players such as Continental AG, Robert Bosch, and Infineon has also driven the European automotive V2X market. The growing number of tests/trials taking place regarding cellular connectivity in Europe, especially in Germany, is fueling the European automotive V2X market further.
Reasons to Buy the Report:
The report enables new entrants as well as established firms to understand the market better and help them acquire a larger market share. Firms purchasing the report could use any one or a combination of the four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.
The report provides insights into the following points:
- Market Penetration: The report offers comprehensive information about the automotive V2X market and top players involved.
- Product Development/Innovation: The report provides detailed insights into the upcoming technologies, R&D activities, and new product launches in the automotive V2X market.
- Market Development: The report offers comprehensive information about the automotive V2X market. The report analyzes the automotive V2X market across regions and provides comprehensive information about lucrative emerging markets.
- Market Diversification: The report provides exhaustive information about new products, untapped regional markets, recent developments, and investments in the automotive V2X market.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Package Size
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Market Breakdown and Data Triangulation
2.6 Assumptions & Associated Risks
3 Executive Summary
3.1 Revenue Shift Driving the Automotive V2X Market Growth
4 Premium Insights
4.1 Attractive Opportunities in the Automotive V2X Market
4.2 Automotive V2X Market, By Region
4.3 European Automotive V2X Market, By Communication & Country
4.4 Automotive V2X Market, By Propulsion
4.5 Automotive V2X Market, By Unit
4.6 Automotive V2X Market, By Vehicle
4.7 Automotive V2X Market, By Connectivity
4.8 Automotive V2X Market, By Technology
5 Market Overview
5.2 Market Dynamics
5.3 V2X Market Scenarios (2020-2028)
6 Industry Trends
6.2 Porter’s 5 Forces
6.3 Value Chain Analysis
6.4 Technological Analysis
7 Automotive V2X Market, By Offering
7.4 Key Industry Insights
8 Automotive V2X Market, By Communication
8.2 Operational Data
8.3 Vehicle-To-Vehicle (V2V)
8.4 Vehicle-To-Infrastructure (V2I)
8.5 Vehicle-To-Grid (V2G)
8.6 Vehicle-To-Pedestrian (V2P)
8.7 Vehicle-To-Cloud (V2C)
8.8 Vehicle-To-Device (V2D)
8.9 Key Industry Insights
9 Automotive V2X Market, By Propulsion
9.2 Operational Data
9.5 Key Industry Insights
10 Automotive V2X Market, By Connectivity
10.2 Operational Data
10.3 DSRC (Dedicated Short-Range Communications)
10.4 C-V2X (Cellular-V2X)
10.5 Key Industry Insights
11 Automotive V2X Market, By Technology
11.2 Operational Data
11.6 Key Industry Insights
12 Automotive V2X Market, By Vehicle Type
12.2 Operational Data
12.3 Passenger Car
12.4 Commercial Vehicle
12.5 Key Industry Insights
13 Automotive V2X Market, By Unit
13.2 Operational Data
13.3 On-Board Unit (OBU)
13.4 Roadside Unit (RSU)
13.5 Key Industry Insights
14 Automotive V2X Market, By Region
14.2 Asia Pacific
14.4 North America
15 Competitive Landscape
15.2 Market Ranking Analysis
15.3 Competitive Scenario
15.4 Competitive Leadership Mapping
15.5 Competitive Leadership Mapping
15.6 Winners vs Tail-Enders
16 Company Profiles
16.1 Qualcomm Technologies, Inc.
16.2 Continental AG
16.3 Robert Bosch GmbH
16.4 Autotalks LTD.
16.5 Delphi Technologies
16.6 NXP Semiconductors
16.7 Infineon Technologies AG
16.8 Denso Corporation
16.10 Harman International
16.11 Cohda Wireless
16.12 Savari, Inc.
16.13 Other Key Players
220.127.116.11 Kapsch Group
18.104.22.168 Marben Products
22.214.171.124 Dspace GmbH
126.96.36.199 Ficosa Internacional Sa
188.8.131.52 Vector Informatik GmbH
184.108.40.206 Volkswagen AG
220.127.116.11 BMW AG
18.104.22.168 Daimler AG
22.214.171.124 Audi AG
126.96.36.199 Groupe Renault
188.8.131.52 Mclaren Group
16.13.2 Asia Pacific
184.108.40.206 Unex Technology Corp.
220.127.116.11 Mitsubishi Corporation
18.104.22.168 Flex LTD.
22.214.171.124 Huawei Technologies Co., LTD.
126.96.36.199 Tata Motors
188.8.131.52 Hitachi Solutions, LTD.
184.108.40.206 Hyundai Motor Company
220.127.116.11 Nissan Motor Corporation
16.13.3 North America
18.104.22.168 Lear Corporation
22.214.171.124 Intel Corporation
126.96.36.199 Danlaw, Inc.
188.8.131.52 Commsignia LTD
184.108.40.206 General Motors
220.127.116.11 Ford Motor Company
17.1 Europe Will Be the Major Market for Automotive V2X
17.2 Cellular Connectivity Holds the Key for V2X Communication in the Coming Years
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SOURCE: Research and Markets
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PUB: 03/02/2020 05:20 AM/DISC: 03/02/2020 05:20 AM