Market Research Report
Global V2X Market for Automotive Market By Communication Type, By Connectivity Type, By Offering Type, By Technology Type, By Propulsion Type, By Company and By Geography, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||941918|
|Published||Content info||111 Pages
Delivery time: Inquiry
|Global V2X Market for Automotive Market By Communication Type, By Connectivity Type, By Offering Type, By Technology Type, By Propulsion Type, By Company and By Geography, Forecast & Opportunities, 2025|
|Published: June 1, 2020||Content info: 111 Pages||
Global V2X Market for Automotive Market By Communication Type (V2C, V2G, V2P, V2I, V2V, V2D), By Connectivity Type (DSRC Connectivity and Cellular Connectivity), By Offering Type (Hardware and Software), By Technology Type (Emergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line of Sight and Others), By Propulsion Type (ICE Vehicles and Electric Vehicles), By Company and By Geography, Forecast & Opportunities, 2025.
Global V2X Market for Automotive Market is projected to reach USD 99.48 Billion by 2025, growing at a CAGR of over 15%, during 2021-2025 due to growing technological advancements, increasing demand for safety features in vehicle, government stringent rules for better traffic management and growing trend for connected vehicles. However, V2X market is projected to witness sluggish in 2020 due to low vehicles sales amidst COVID-19.
Based on offering type, the market has been segmented into software and hardware. In 2019, the software market dominated the market due to increasing demand for access & control over V2X system.
In terms of propulsion type, the market has been categorised as ICE (Internal Combustion Engine) vehicles and Electric vehicles. The Electric vehicle segment is expected to dominate the market during the forecast period due to growing demand for electric vehicle, government stringent rules for emission norms and growing demand for vehicle electrification.
Some of the major players operating in Global V2X Market for Automotive Market are Denso Corporation, Harman International, Autotalk Ltd, Qualcomm Technologies, Robert Bosch GMBH, Continental AG, NXP Semiconductor, Delphi Technologies, Infineon Technologies, Cohda Wireless, ST microelectronics. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of technology suppliers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration technology suppliers across the globe.
TechSci Research calculated the market size of Global V2X Market for Automotive Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Global V2X Market for Automotive Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Emergency Vehicle Notification
Automated Driver Assistance
Passenger Information System
Line of Sight
Intelligent Traffic Systems
Fleet & Asset Management
Parking Management System
Middle East and Africa
Company Profiles: Detailed analysis of the major companies present in V2X Market for Automotive Market.
With the given market data, TechSci Research offers customizations according the company's specific needs. The following customization options are available for the report:
Profit Margin Analysis