Global Automotive V2X Market Analysis and Forecast, 2019-2030
$2,800.00 – $5,440.00
Market Intelligence and Forecast Analysis By Type, Application, Wireless Communication Technology Type, Component, Vehicle Type, Region, and Competitive Landscape
Surging demand for connected cars steering the automotive V2X growth
As the world advances towards autonomous driving, V2X technology is increasingly becoming an essential component of contemporary vehicles. V2X technology is instrumental in creating a more efficient and safer driving environment by enabling vehicles to communicate with each other, interact with infrastructure, and engage with vulnerable road users, among other functions.
Furthermore, V2X provides precise vehicle data, detects obstacles, operates effectively in diverse environments, saves time, promotes environmental sustainability, and offers various other advantages. These mentioned benefits among others render V2X a compelling choice, poised to significantly bolster the growth of the automotive V2X market.
Matured automotive industry in North America expected to steer the growth
North America holds a significant share of the automotive V2X market, primarily due to the well-established and mature automotive industry in the region, in addition, the large number of technology enthusiasts is also expected to contribute notably to the expansion of the automotive V2X market.
In Europe, the automotive V2X market growth is principally pushed by European countries heavily investing in autonomous vehicle technology. The development of self-driving cars and associated technologies is expected to have a significant impact on the automotive V2X market. Moreover, Europe places a strong emphasis on road safety. V2X technology has the potential to significantly reduce accidents by providing real-time information about potential hazards, which is expected to significantly impact the growth of the automotive V2X market.
Asia Pacific also holds a significant share of the automotive V2X market. The market in the region is primarily led by India, China, and Japan. Key growth drivers for the automotive V2X market in the region include increasing disposable income, changing consumer dynamics, and rising emphasis on safety, among others.
Request for Sample and Scope of the Study
Report Includes
- A comprehensive overview and up-to-date analysis of the Global automotive V2X market
- Analyses of the Global market trends, with historic market revenue data for 2019 to 2022, estimates for 2023, forecasts for 2024 until 2030, and projections of compound annual growth rates (CAGRs) through 2030
- Estimation of the market size for the automotive V2X market in terms of US$ million values, and their corresponding market share analysis by key segments
- Estimation of the market size for the automotive V2X market in thousand units, and their corresponding market share analysis by key segments
- Thorough insights (facts and figures) concerning the major factors influencing the progress of the market, benefits, and industry-specific obstacles with respect to specific growth trends, upcoming technologies, prospects, and contributions to the overall market
- Overview of the patents issued on automotive v2x technologies and applications as well as the technological trends and new developments in the Global market over a brief period
- Identification of the leading industry players and examination of the company’s competitive landscape through a detailed evaluation of recent developments, solution offerings, financial performance, patent portfolios, and segmental revenues
- Comprehensive company profiles outlining critical information about the key players in the automotive V2X market.
- The report also includes a concise discussion of technological, regulatory, and competitive elements and economic trends that impact the Global automotive V2X market. It also explains the major drivers and regional dynamics of the Global automotive V2X market and current trends within the industry. The report concludes with detailed profiles of the major vendors in the Global market
Report Synopsis
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Report Metrics |
Details |
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Base Year |
2022 |
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Forecast Period |
2023-2030 |
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Base Year Market Size |
US$ 2,548.6 Million |
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Market Size Forecast |
US$ 18,101.2 Million |
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Growth Rate |
27.8% |
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By Region |
North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa |
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By Type |
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By Application |
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By Wireless Communication Technology Type |
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By Vehicle Type |
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By Component |
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Key Market Drivers |
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Companies Profiled |
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To customize reports as per your needs, speak to our analyst
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoints to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Secondary Sources
- Annual reports, company filings, investor presentations, product catalogs, Automotive V2X Association, and company documents
- Industry and market-related documents available in the public domain
- Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for Automotive V2X manufacturers, leading brands and suppliers, companies operating in the automotive industry, automotive OEMs, automotive aftermarket, value chain stakeholders, end users, consumers by region, government organizations, educational organizations, regulatory agencies, consulting companies, research organizations, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
| REGION | Global |
|---|---|
| RELEASE YEAR | 2023 |
| RESEARCH CODE | RST-SAR-2548 |
| ADDITIONAL FEATURE | 24×7 Post sales support and 15% free customization |
| User License | Single User/Team License, Corporate License |
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of Ongoing Supply Chain Issues and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Per Capita Income by Select Countries
6.1.3. Automotive Consumption by Select Countries
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players’ expenditures, and economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Researchers and Developers
6.3.2. Component Suppliers
6.3.3. Automobile Manufacturers
6.3.4. Network Infrastructure Providers
6.3.5. End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Automotive V2X Market: Key Investment Analysis
9.1. By Key Companies
9.2. By Key Associations
9.3. By Region
9.4. M&A Activities
Robust assessment of major investments made by various industry players in the areas ranging from the application, key end users, etc.
10. Overview of Impact of Key Connected Car Technologies
11. Cost Analysis of V2X Communication Technologies
12. Overview of Initiatives by OEMs
13. Road Network by Select Countries: Overview
14. Overview: Road Accidents by Select Countries
15. Overview: Technology Infrastructure by Select Countries
16. Overview of Automotive Consumption Dynamics by Select Countries
17. Impact of Connected Cars on Environment and Traffic
18. EXIM Analysis: Trade Data
18.1.Import Data by Value (US$ million) and Volume (‘000 units)
18.1.1. Major Importing Countries
18.1.2. Key Importing Destinations
18.2.Export Data by Value (US$ million) and Volume (‘000 units)
18.2.1. Major Exporting Countries
18.2.2. Key Exporting Destinations
19. Pricing Analysis
19.1.By Type
19.1.1. Vehicle-to-home (V2H)
19.1.2. Vehicle-to-vehicle (V2V)
19.1.3. Vehicle-to-infrastructure (V2I)
19.1.4. Vehicle-to-devices (V2D)
19.1.5. Vehicle-to-cloud (V2C)
19.1.6. Vehicle-to-pedestrians (V2P)
19.2.By Wireless Communication Technology Type
19.2.1. DSRC
19.2.2. C-V2X
19.3.By Component
19.3.1. On-Board Unit
19.3.2. Roadside Unit
19.3.3. Central/Cloud Server
19.3.4. Application for Communication
19.4.By Vehicle Type
19.4.1. Passenger Vehicles
19.4.1.1. Sedan
19.4.1.2. Hatchback
19.4.1.3. SUVs
19.4.1.4. Crossover
19.4.1.5. Luxury
19.4.2. Commercial Vehicles
19.4.2.1. Light Commercial Vehicles
19.4.2.2. Medium Commercial Vehicles
19.4.2.3. Heavy Commercial Vehicles
19.5.By Region
19.5.1. North America
19.5.2. Western Europe
19.5.3. Eastern Europe
19.5.4. Asia Pacific
19.5.5. Latin America
19.5.6. Middle East & Africa
20. Parent Market Overview
20.1.Global Automotive Industry by Value (US$ Million)
20.2.Global Connected Cars Market Overview and Forecast
20.3.Global ICT Market by Value (US$ Million)
21. Segmental Analysis
21.1.Global Automotive V2X Market by Type in Terms of Value (US$ Million) and Volume (‘000 Units)
21.1.1. Segment Overview
21.1.1.1. Vehicle-to-home (V2H)
21.1.1.2. Vehicle-to-vehicle (V2V)
21.1.1.3. Vehicle-to-infrastructure (V2I)
21.1.1.4. Vehicle-to-devices (V2D)
21.1.1.5. Vehicle-to-cloud (V2C)
21.1.1.6. Vehicle-to-pedestrians (V2P)
21.2.Global Automotive V2X Market by Application in Terms of Value (US$ Million) and Volume (‘000 Units)
21.2.1. Segment Overview
21.2.1.2. Intersection Movement Assist
21.2.1.3. Lane Change Warning
21.2.1.4. Do Not Pass Warning
21.2.1.5. Left/Right Turn Assist
21.2.1.6. Forward Collision Warning
21.2.1.7. Electronic Emergency Brake Light
21.2.1.8. Reduced Speed Warning Zone
21.2.1.9. Others (Curve Speed Warning, etc.)
21.3.Global Automotive V2X Market by Wireless Communication Technology Type in Terms of Value (US$ Million) and Volume (‘000 Units)
21.3.1. Segment Overview
21.3.1.1. DSRC
21.3.1.2. C-V2X
21.4.Global Automotive V2X Market by Component in Terms of Value (US$ Million) and Volume (‘000 Units)
21.4.1. Segment Overview
21.4.1.1. On-Board Unit
21.4.1.2. Roadside Unit
21.4.1.3. Central/Cloud Server
21.4.1.4. Application for Communication
21.5.Global Automotive V2X Market by Vehicle Type in Terms of Value (US$ Million) and Volume (‘000 Units)
21.5.1. Segment Overview
21.5.1.1. Passenger Vehicles
21.5.1.1.1. Sedan
21.5.1.1.2. Hatchback
21.5.1.1.3. SUVs
21.5.1.1.4. Crossover
21.5.1.1.5. Luxury
21.5.1.2. Commercial Vehicles
21.5.1.2.1. Light Commercial Vehicles
21.5.1.2.2. Medium Commercial Vehicles
21.5.1.2.3. Heavy Commercial Vehicles
21.6.Global Automotive V2X Market by Region in Terms of Value (US$ Million) and Volume (‘000 Units)
21.6.1. North America
21.6.2. Latin America
21.6.3. Western Europe
21.6.4. Eastern Europe
21.6.5. Asia Pacific
21.6.6. Middle East & Africa
22. Regional Analysis
22.1.North America Automotive V2X Market Analysis and Forecast 2019-2028
22.1.1. Regional Market Overview and Key Takeaways
22.1.2. North America Automotive V2X Market by Type
22.1.3. North America Automotive V2X Market by Application
22.1.4. North America Automotive V2X Market by Wireless Communication Technology Type
22.1.5. North America Automotive V2X Market by Component
22.1.6. North America Automotive V2X Market by Vehicle Type
22.1.7. North America Automotive V2X Market by Country
22.1.7.1. US
22.2.Latin America Automotive V2X Market Analysis and Forecast 2019-2028
22.2.1. Regional Market Overview and Key Takeaways
22.2.2. Latin America Automotive V2X Market by Type
22.2.3. Latin America Automotive V2X Market by Application
22.2.4. Latin America Automotive V2X Market by Wireless Communication Technology Type
22.2.5. Latin America Automotive V2X Market by Component
22.2.6. Latin America Automotive V2X Market by Vehicle Type
22.2.7. Latin America Automotive V2X Market by Country
22.2.7.1. Brazil
22.2.7.2. Mexico
22.2.7.3. Rest of Latin America
22.3.Western Europe Automotive V2X Market Analysis and Forecast 2019-2028
22.3.1. Regional Market Overview and Key Takeaways
22.3.2. Western Europe Automotive V2X Market by Type
22.3.3. Western Europe Automotive V2X Market by Application
22.3.4. Western Europe Automotive V2X Market by Wireless Communication Technology Type
22.3.5. Western Europe Automotive V2X Market by Component
22.3.6. Western Europe Automotive V2X Market by Vehicle Type
22.3.7. Western Europe Automotive V2X Market by Country
22.3.7.1. Germany
22.3.7.2. UK
22.3.7.3. France
22.3.7.4. Spain
22.3.7.5. Italy
22.3.7.6. Benelux
22.3.7.7. Nordic
22.3.7.8. Rest of Western Europe
22.4.Eastern Europe Automotive V2X Market Analysis and Forecast 2019-2028
22.4.1. Regional Market Overview and Key Takeaways
22.4.2. Eastern Europe Automotive V2X Market by Type
22.4.3. Eastern Europe Automotive V2X Market by Application
22.4.4. Eastern Europe Automotive V2X Market by Wireless Communication Technology Type
22.4.5. Eastern Europe Automotive V2X Market by Component
22.4.6. Eastern Europe Automotive V2X Market by Vehicle Type
22.4.7. Eastern Europe Automotive V2X Market by Country
22.4.7.1. Russia
22.4.7.2. Poland
22.4.7.3. Rest of Eastern Europe
22.5.Asia Pacific Automotive V2X Market Analysis and Forecast 2019-2028
22.5.1. Regional Market Overview and Key Takeaways
22.5.2. Asia Pacific Automotive V2X Market by Type
22.5.3. Asia Pacific Automotive V2X Market by Application
22.5.4. Asia Pacific Automotive V2X Market by Wireless Communication Technology Type
22.5.5. Asia Pacific Automotive V2X Market by Component
22.5.6. Asia Pacific Automotive V2X Market by Vehicle Type
22.5.7. Asia Pacific Automotive V2X Market by Country
22.5.7.1. China
22.5.7.2. Japan
22.5.7.3. India
22.5.7.4. South Korea
22.5.7.5. Australia
22.5.7.6. ASEAN
22.5.7.7. Rest of Asia-Pacific
22.6.Middle East & Africa Automotive V2X Market Analysis and Forecast 2019-2028
22.6.1. Regional Market Overview and Key Takeaways
22.6.2. Middle East & Africa Automotive V2X Market by Type
22.6.3. Middle East & Africa Automotive V2X Market by Application
22.6.4. Middle East & Africa Automotive V2X Market by Wireless Communication Technology Type
22.6.5. Middle East & Africa Automotive V2X Market by Component
22.6.6. Middle East & Africa Automotive V2X Market by Vehicle Type
22.6.7. Middle East & Africa Automotive V2X Market by Country
22.6.7.1. GCC
22.6.7.2. South Africa
22.6.7.3. Turkey
22.6.7.4. Rest of the Middle East & Africa
23. Competitive Landscape
23.1.Competition Dashboard
23.1.1. Market Share Analysis by Brands
23.1.1.1. Regional
23.1.1.2. Global
23.1.2. Market Structure by Geography
23.2.Competitive Benchmarking
23.3.Key Strategy Analysis
23.4.Company Profiles
23.4.1. Qualcomm Technologies, Inc.
23.4.1.1. Company Overview
23.4.1.2. Product/Service Offerings
23.4.1.3. Key Financials
23.4.1.4. Recent Developments
23.4.2. NXP B.V.
23.4.2.1. Company Overview
23.4.2.2. Product/Service Offerings
23.4.2.3. Financials
23.4.2.4. Recent Developments
23.4.3. Autotalks
23.4.3.1. Company Overview
23.4.3.2. Product/Service Offerings
23.4.3.3. Financials
23.4.3.4. Recent Developments
23.4.4. Cohda Wireless
23.4.4.1. Company Overview
23.4.4.2. Product/Service Offerings
23.4.4.3. Financials
23.4.4.4. Recent Developments
23.4.5. Askey Computer Corp.
23.4.5.1. Company Overview
23.4.5.2. Product/Service Offerings
23.4.5.3. Financials
23.4.5.4. Recent Developments
23.4.6. Applied Information, Inc.
23.4.6.1. Company Overview
23.4.6.2. Product/Service Offerings
23.4.6.3. Financials
23.4.6.4. Recent Developments
23.4.7. HARMAN International
23.4.7.1. Company Overview
23.4.7.2. Product/Service Offerings
23.4.7.3. Financials
23.4.7.4. Recent Developments
23.4.8. Commsignia Ltd.
23.4.8.1. Company Overview
23.4.8.2. Product/Service Offerings
23.4.8.3. Financials
23.4.8.4. Recent Developments
23.4.9. Danlaw, Inc.
23.4.9.1. Company Overview
23.4.9.2. Product/Service Offerings
23.4.9.3. Financials
23.4.9.4. Recent Developments
23.4.10. The Ford Motor Company
23.4.10.1. Company Overview
23.4.10.2. Product/Service Offerings
23.4.10.3. Financials
23.4.10.4. Recent Developments
23.4.11. General Motors
23.4.11.1. Company Overview
23.4.11.2. Product/Service Offerings
23.4.11.3. Financials
23.4.11.4. Recent Developments
23.4.12. Infineon Technologies AG
23.4.12.1. Company Overview
23.4.12.2. Product/Service Offerings
23.4.12.3. Financials
23.4.12.4. Recent Developments
23.4.13. Continental AG
23.4.13.1. Company Overview
23.4.13.2. Product/Service Offerings
23.4.13.3. Financials
23.4.13.4. Recent Developments
23.4.14. Cisco Systems Inc.
23.4.14.1. Company Overview
23.4.14.2. Product/Service Offerings
23.4.14.3. Financials
23.4.14.4. Recent Developments
23.4.15. Robert Bosch GmbH
23.4.15.1. Company Overview
23.4.15.2. Product/Service Offerings
23.4.15.3. Financials
23.4.15.4. Recent Developments
A comprehensive list of Automotive V2X brands/manufacturers will be provided along with geographical reach, employee count, revenue, product capacities, and their capabilities
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