Market Overview:
The global C-v2x OBU market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced safety features in vehicles and rising awareness about the benefits of C-v2x technology. The global C-v2x OBU market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into V2V, V2R, V2I, and V2C. The commercial vehicle segment is expected to account for a major share of the global C-v2x OBU market duringthe forecast period. This can be attributed tothe increasing demand for advanced safety features in commercial vehicles such as trucks and buses.
Product Definition:
A C-v2x OBU is a cellular vehicle-to-everything (C-v2x) over the air unit that enables direct communication between vehicles and other entities, such as roadside infrastructure, pedestrians and cyclists. The importance of C-v2x OBUs is that they provide a means for vehicles to directly communicate with each other and with roadside infrastructure, which can improve safety by warning drivers of potential hazards ahead or providing information about traffic conditions.
V2V:
V2V communication is a two-way exchange of information between vehicles. It enables the sharing of data such as position, speed and direction, traffic information and navigationational data among other things via wireless communication. V2V technology helps in enhancing road safety by enabling vehicle to vehicle communication which helps in avoiding potential accidents that may occur on account of lack of awareness or distraction caused due to smartphone usage.
V2R:
The V2R technology is used to create a virtual version of the real world. It uses sensors and cameras installed around an object to record its movements and attributes. The recorded data is then sent to a computer where it can be analyzed by an operator or algorithm which creates the image of what happened in the past. This technology has wide applications in industries such as manufacturing, healthcare, retail, security surveillance etc.
Application Insights:
The commercial vehicle segment led the global C-v2x OBU market in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. The growth can be attributed to the increasing adoption of connected trucks, which offer numerous benefits including real-time information on fuel consumption, maintenance alerts, and location tracking. Moreover, these systems help improve road safety by providing accurate positioning of vehicles along with warning if there is an emergency or slowdown in traffic.
The truck segment accounted for more than 50% share of the overall revenue in 2017 owing to its dominant position across all major economies worldwide. This can be attributed to factors such as growing demand for heavy machinery used in construction activities coupled with rising awareness regarding improved operational efficiency are expected drive the demand over next seven years. Furthermore, technological advancements such as integration of GPS/LBS technology into commercial vehicles will further boost industry growth over forecast period.
Regional Analysis:
North America dominated the global C-v2x OBU market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period as well owing to early adoption of V2X technology and stringent regulations regarding road safety. Europe accounted for a significant share in the global market, which can be attributed to early adoption of V2X technology and presence of prominent players such as Continental AG, ZF Friedrichshafen AG & Co., Bosch Security Systems GmbH, and Daimler AG. Asia Pacific is anticipated to grow at a lucrative rate over the forecast period due to increasing number of accidents on roads leading to increased demand for traffic management systems such as adaptive cruise control (ACC) or automatic emergency braking (AEB). Moreover, growing awareness about road safety coupled with rising disposable income will drive regional growth further.
Growth Factors:
- Increasing demand for C-V2X technology from the automotive industry as a result of the need for advanced safety features and autonomous driving.
- Growing number of partnerships between automakers and telecom companies to develop C-V2X technology, which will help to accelerate market adoption.
- Proliferation of 5G networks, which will provide the high bandwidth and low latency required for C-V2X communications.
- Development of global standards for C-V2X, which will help to ensure interoperability between different devices and networks.
Scope Of The Report
Report Attributes
Report Details
Report Title
C-v2x OBU Market Research Report
By Type
V2V, V2R, V2I, V2C
By Application
Commercial Vehicle, Truck, Bus, Other
By Companies
Qualcomm, Danlaw Inc, Kedacom, Meigsmart, Genvict, Commsignia, ZTE, Desaysv, Unex, Ficosa, Savari, Askey
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global C-v2x OBU Market Report Segments:
The global C-v2x OBU market is segmented on the basis of:
Types
V2V, V2R, V2I, V2C
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicle, Truck, Bus, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Qualcomm
- Danlaw Inc
- Kedacom
- Meigsmart
- Genvict
- Commsignia
- ZTE
- Desaysv
- Unex
- Ficosa
- Savari
- Askey
Highlights of The C-v2x OBU Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- V2V
- V2R
- V2I
- V2C
- By Application:
- Commercial Vehicle
- Truck
- Bus
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the C-v2x OBU Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
C-v2x OBU is a new optical bus interface specification for high-speed data communication between devices in the data center. It offers up to 10 Gb/s of bandwidth per channel, allowing for faster transmission of large files and multiple streams of video.
Some of the key players operating in the c-v2x obu market are Qualcomm, Danlaw Inc, Kedacom, Meigsmart, Genvict, Commsignia, ZTE, Desaysv, Unex, Ficosa, Savari, Askey.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 C-v2x OBU Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 C-v2x OBU Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 C-v2x OBU Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the C-v2x OBU Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global C-v2x OBU Market Size & Forecast, 2020-2028 4.5.1 C-v2x OBU Market Size and Y-o-Y Growth 4.5.2 C-v2x OBU Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 V2V
5.2.2 V2R
5.2.3 V2I
5.2.4 V2C
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Truck
6.2.3 Bus
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global C-v2x OBU Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 C-v2x OBU Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 V2V
9.6.2 V2R
9.6.3 V2I
9.6.4 V2C
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Truck
9.10.3 Bus
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 V2V
10.6.2 V2R
10.6.3 V2I
10.6.4 V2C
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Truck
10.10.3 Bus
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 V2V
11.6.2 V2R
11.6.3 V2I
11.6.4 V2C
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Truck
11.10.3 Bus
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 V2V
12.6.2 V2R
12.6.3 V2I
12.6.4 V2C
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Truck
12.10.3 Bus
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 V2V
13.6.2 V2R
13.6.3 V2I
13.6.4 V2C
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Truck
13.10.3 Bus
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 C-v2x OBU Market: Competitive Dashboard
14.2 Global C-v2x OBU Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Qualcomm
14.3.2 Danlaw Inc
14.3.3 Kedacom
14.3.4 Meigsmart
14.3.5 Genvict
14.3.6 Commsignia
14.3.7 ZTE
14.3.8 Desaysv
14.3.9 Unex
14.3.10 Ficosa
14.3.11 Savari
14.3.12 Askey