Market Overview:
The global Vehicle-to-everything (V2X) 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 automated driver assistance, intelligent traffic systems, emergency vehicle notification, passenger information system, fleet & asset management and parking management system. North America is expected to hold the largest share of the global V2X market in 2018. Asia Pacific is projected to be the fastest growing region during the forecast period.
Product Definition:
Vehicle-to-everything (V2X) is a term for technology that allows vehicles to communicate with each other and their surroundings. This communication can take many forms, such as sending and receiving warnings about hazards, sharing information about traffic conditions, or exchanging data about the location of parked cars. Vehicle-to-everything technology is seen as important because it can help reduce accidents and make transportation safer, more efficient, and more sustainable.
Vehicle-to-Vehicle (V2V):
Vehicle-to-vehicle communication, also known as V2V communication is a type of wireless communication between two or more vehicles. It enables each vehicle to communicate with every other vehicle and exchange information such as position, speed and direction of travel. This technology helps improve road safety by enabling cars to react in case another vehicle fails to do so.
Vehicle-to-Infrastructure (V2I):
Vehicle-to-Infrastructure (V2I) technology allows vehicles to communicate with each other and with the infrastructure around them. It enables drivers to receive real-time information about traffic conditions along with alerts for changing lanes. The technology is being tested in several cities across the globe including Washington, DC; San Francisco; Seattle; Chicago; Boston and many more.
Application Insights:
The application segment is segregated into six sub-segments, which include automated driver assistance, intelligent traffic systems, emergency vehicle notification, passenger information system, fleet and asset management and parking management system. The intelligent traffic systems segment dominated the global market in terms of revenue share in 2017. V2X technology helps to improve road safety by warning drivers about the potential collision with another vehicle or a pedestrian. It also provides alerts for slow moving vehicles so that they can be overtaken by other vehicles traveling faster than them on the same stretch of road.
V2X technology has numerous applications across various verticals such as transport authorities & public bodies; automotive manufacturers; telecommunication & IT companies; energy & power companies; building owners/ managers etc., The growing need for enhancing road safety through active monitoring of roads and drivers¢â‚¬â„¢ behavior is expected to drive demand over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2016. The region is expected to continue its dominance over the forecast period owing to increasing adoption of V2X systems for improved driver safety and enhanced traffic management. Europe accounted for a significant share in 2016 as well as is expected to grow at a lucrative CAGR over the forecast period. This can be attributed to stringent government regulations that mandate installation of certain advanced safety technologies, such as adaptive cruise control and blind-spot detection, which are V2X-based systems on European cars from 2017 onward. Asia Pacific regional market captured significant growth opportunities due to growing road congestion problems coupled with rising vehicle emissions across major cities such as Beijing, Shanghai, Tokyo etc., especially during peak hours.
Growth Factors:
- Increasing demand for V2X technology from the automotive industry as it helps improve safety and efficiency.
- Growing number of partnerships between automakers and tech companies to develop V2X technology.
- Proliferation of 5G networks, which will provide the necessary bandwidth and low latency for V2X applications to function effectively.
- Development of autonomous vehicles, which will require robust V2X communication systems in order to function safely and efficiently on roads.
- Increased focus on sustainability and reducing emissions, which is driving the development of more fuel-efficient vehicles that can benefit from using V2X technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle-to-everything (V2X) Market Research Report
By Type
Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Device (V2D), Vehicle-to-Grid (V2G), Vehicle-to-Cloud (V2C)
By Application
Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet & Asset Management, Parking Management System
By Companies
Continental, Qualcomm, NXP Semiconductors, Bosch, Delphi
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle-to-everything (V2X) Market Report Segments:
The global Vehicle-to-everything (V2X) market is segmented on the basis of:
Types
Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Device (V2D), Vehicle-to-Grid (V2G), Vehicle-to-Cloud (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
Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet & Asset Management, Parking Management System
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:
- Continental
- Qualcomm
- NXP Semiconductors
- Bosch
- Delphi
Highlights of The Vehicle-to-everything (V2X) 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:
- Vehicle-to-Vehicle (V2V)
- Vehicle-to-Infrastructure (V2I)
- Vehicle-to-Pedestrian (V2P)
- Vehicle-to-Device (V2D)
- Vehicle-to-Grid (V2G)
- Vehicle-to-Cloud (V2C)
- By Application:
- Automated Driver Assistance
- Intelligent Traffic Systems
- Emergency Vehicle Notification
- Passenger Information System
- Fleet & Asset Management
- Parking Management System
- 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 Vehicle-to-everything (V2X) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Vehicle-to-everything (V2X) is a term used to describe the ability of vehicles and infrastructure to communicate with each other wirelessly. This could include communication between vehicles and roadside infrastructure, as well as communication between vehicles and other devices in the vehicle ecosystem, such as smartphones or sensors. V2X could also be used for navigation purposes, allowing drivers to receive real-time information about traffic conditions ahead.
Some of the major companies in the vehicle-to-everything (v2x) market are Continental, Qualcomm, NXP Semiconductors, Bosch, Delphi.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle-to-everything (V2X) 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 Vehicle-to-everything (V2X) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vehicle-to-everything (V2X) 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 Vehicle-to-everything (V2X) 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 Vehicle-to-everything (V2X) Market Size & Forecast, 2020-2028 4.5.1 Vehicle-to-everything (V2X) Market Size and Y-o-Y Growth 4.5.2 Vehicle-to-everything (V2X) 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 Vehicle-to-Vehicle (V2V)
5.2.2 Vehicle-to-Infrastructure (V2I)
5.2.3 Vehicle-to-Pedestrian (V2P)
5.2.4 Vehicle-to-Device (V2D)
5.2.5 Vehicle-to-Grid (V2G)
5.2.6 Vehicle-to-Cloud (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 Automated Driver Assistance
6.2.2 Intelligent Traffic Systems
6.2.3 Emergency Vehicle Notification
6.2.4 Passenger Information System
6.2.5 Fleet & Asset Management
6.2.6 Parking Management System
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle-to-everything (V2X) 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 Vehicle-to-everything (V2X) 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 Vehicle-to-Vehicle (V2V)
9.6.2 Vehicle-to-Infrastructure (V2I)
9.6.3 Vehicle-to-Pedestrian (V2P)
9.6.4 Vehicle-to-Device (V2D)
9.6.5 Vehicle-to-Grid (V2G)
9.6.6 Vehicle-to-Cloud (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 Automated Driver Assistance
9.10.2 Intelligent Traffic Systems
9.10.3 Emergency Vehicle Notification
9.10.4 Passenger Information System
9.10.5 Fleet & Asset Management
9.10.6 Parking Management System
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 Vehicle-to-Vehicle (V2V)
10.6.2 Vehicle-to-Infrastructure (V2I)
10.6.3 Vehicle-to-Pedestrian (V2P)
10.6.4 Vehicle-to-Device (V2D)
10.6.5 Vehicle-to-Grid (V2G)
10.6.6 Vehicle-to-Cloud (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 Automated Driver Assistance
10.10.2 Intelligent Traffic Systems
10.10.3 Emergency Vehicle Notification
10.10.4 Passenger Information System
10.10.5 Fleet & Asset Management
10.10.6 Parking Management System
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 Vehicle-to-Vehicle (V2V)
11.6.2 Vehicle-to-Infrastructure (V2I)
11.6.3 Vehicle-to-Pedestrian (V2P)
11.6.4 Vehicle-to-Device (V2D)
11.6.5 Vehicle-to-Grid (V2G)
11.6.6 Vehicle-to-Cloud (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 Automated Driver Assistance
11.10.2 Intelligent Traffic Systems
11.10.3 Emergency Vehicle Notification
11.10.4 Passenger Information System
11.10.5 Fleet & Asset Management
11.10.6 Parking Management System
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 Vehicle-to-Vehicle (V2V)
12.6.2 Vehicle-to-Infrastructure (V2I)
12.6.3 Vehicle-to-Pedestrian (V2P)
12.6.4 Vehicle-to-Device (V2D)
12.6.5 Vehicle-to-Grid (V2G)
12.6.6 Vehicle-to-Cloud (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 Automated Driver Assistance
12.10.2 Intelligent Traffic Systems
12.10.3 Emergency Vehicle Notification
12.10.4 Passenger Information System
12.10.5 Fleet & Asset Management
12.10.6 Parking Management System
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 Vehicle-to-Vehicle (V2V)
13.6.2 Vehicle-to-Infrastructure (V2I)
13.6.3 Vehicle-to-Pedestrian (V2P)
13.6.4 Vehicle-to-Device (V2D)
13.6.5 Vehicle-to-Grid (V2G)
13.6.6 Vehicle-to-Cloud (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 Automated Driver Assistance
13.10.2 Intelligent Traffic Systems
13.10.3 Emergency Vehicle Notification
13.10.4 Passenger Information System
13.10.5 Fleet & Asset Management
13.10.6 Parking Management System
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 Vehicle-to-everything (V2X) Market: Competitive Dashboard
14.2 Global Vehicle-to-everything (V2X) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 Qualcomm
14.3.3 NXP Semiconductors
14.3.4 Bosch
14.3.5 Delphi