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 V2X technology in various applications such as dedicated short range communication (DSRC), cellular connectivity, and others. In addition, rising concerns over road safety and growing demand for connected cars are also fueling the growth of the global V2X market.
Product Definition:
Vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication is a technology that enables vehicles to communicate with each other and with roadside infrastructure, such as traffic signals, over short ranges. V2X for cars allows vehicles to exchange information in order to improve safety, mobility and efficiency. For example, V2X can warn drivers of upcoming hazards such as icy roads or stopped traffic ahead.
Vehicle-to-Vehicle (V2V):
Vehicle-to-vehicle communication, also known as V2V or Wireless Vehicle Communication, is a wireless form of vehicle connectivity that enables vehicles to communicate and coordinate with each other. It does this by creating a common platform where all the vehicles can receive and send information without any involvement of the driver. The technology helps in enhancing road safety by enabling cars to exchange information about speed, position, battery life etc., which is helpful in avoiding accidents.
Vehicle-to-Infrastructure (V2I):
Vehicle-to-Infrastructure (V2I) and Vehicle-to-X (V2X) communication is a type of communication between vehicle and infrastructure. It enables the exchange of information about the present position, direction, speed, and identification details between a vehicle and an infrastructural element such as traffic sign or another car. V2I technology helps drivers avoid accidents by keeping them informed about the presence of other vehicles along with road signs.
Application Insights:
Based on applications, the global V2Xfor car market has been segmented into dedicated short range communication (DSRC), cellular connectivity, vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), and vehicle to device (VD). The V2D segment held the largest share in 2017. It is anticipated to grow at a rapid pace over the forecast period. The introduction of connected cars and cloud services is expected to drive this application significantly over the forecast period.
The V2G application is estimated to witness significant growth during the forecast period owing to its rising adoption in remote areas without conventional electricity grids or solar panels installations. Furthermore, governments are promoting its implementation for electric vehicles as it helps in reducing carbon emissions by facilitating recharging stations across cities thereby contributing toward sustainable transportation solutions globally.
Regional Analysis:
North America dominated the global V2Xfor car market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to early technology adoption by manufacturers and a high number of fatalities due to road accidents. Europe accounted for a significant share in 2030 as it is anticipated that around 25% of new cars will be equipped with V2Xcapability by 2024, which was introduced as an amendmentto EU5V2X regulationsin 2014.
The Asia Pacific regional market is projected to grow at the highest CAGR from 2018to 2030as countries like China, India, Australia are adopting newer technologies rapidly and this has encouraged automotive manufacturers operating in these regions toget involved with them earlier than others. This factor alone can boost demand for V2Xfor cars across APAC nations during the forecast period.
Growth Factors:
- Increasing demand for safety features in cars
- Government regulations for vehicle safety and emissions
- Development of autonomous driving technology
- Growing popularity of shared mobility services
- Advancements in telematics and data analytics
Scope Of The Report
Report Attributes
Report Details
Report Title
V2Xfor Car 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
Dedicated Short Range Communication (DSRC), Cellular Connectivity
By Companies
Continental, Qualcomm, NXP Semiconductors , Robert Bosch, Delphi Automotive
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global V2Xfor Car Market Report Segments:
The global V2Xfor Car 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
Dedicated Short Range Communication (DSRC), Cellular Connectivity
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 SemiconductorsÂ
- Robert Bosch
- Delphi Automotive
Highlights of The V2Xfor Car 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:
- Dedicated Short Range Communication (DSRC)
- Cellular Connectivity
- 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 V2Xfor Car 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 technology that allows vehicles to communicate with each other and with infrastructure, such as traffic lights and stop signs, to optimize traffic flow. This can help drivers avoid congestion and make better decisions about when to cross streets. V2Xforcar is a term used to describe the use of V2X technology in cars.
Some of the major players in the v2xfor car market are Continental, Qualcomm, NXP Semiconductors‚Â , Robert Bosch, Delphi Automotive.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. V2Xfor Car Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. V2Xfor Car Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. V2Xfor Car Market - Supply Chain
4.5. Global V2Xfor Car Market Forecast
4.5.1. V2Xfor Car Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. V2Xfor Car Market Size (000 Units) and Y-o-Y Growth
4.5.3. V2Xfor Car Market Absolute $ Opportunity
5. Global V2Xfor Car Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. V2Xfor Car Market Size and Volume Forecast by Type
5.3.1. Vehicle-to-Vehicle (V2V)
5.3.2. Vehicle-to-Infrastructure (V2I)
5.3.3. Vehicle-to-Pedestrian (V2P)
5.3.4. Vehicle-to-Device (V2D)
5.3.5. Vehicle-to-Grid (V2G)
5.3.6. Vehicle-to-Cloud (V2C)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global V2Xfor Car Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. V2Xfor Car Market Size and Volume Forecast by Application
6.3.1. Dedicated Short Range Communication (DSRC)
6.3.2. Cellular Connectivity
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global V2Xfor Car Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. V2Xfor Car Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global V2Xfor Car Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. V2Xfor Car Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global V2Xfor Car Demand Share Forecast, 2019-2026
9. North America V2Xfor Car Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America V2Xfor Car Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America V2Xfor Car Market Size and Volume Forecast by Application
9.4.1. Dedicated Short Range Communication (DSRC)
9.4.2. Cellular Connectivity
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America V2Xfor Car Market Size and Volume Forecast by Type
9.7.1. Vehicle-to-Vehicle (V2V)
9.7.2. Vehicle-to-Infrastructure (V2I)
9.7.3. Vehicle-to-Pedestrian (V2P)
9.7.4. Vehicle-to-Device (V2D)
9.7.5. Vehicle-to-Grid (V2G)
9.7.6. Vehicle-to-Cloud (V2C)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America V2Xfor Car Demand Share Forecast, 2019-2026
10. Latin America V2Xfor Car Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America V2Xfor Car Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America V2Xfor Car Market Size and Volume Forecast by Application
10.4.1. Dedicated Short Range Communication (DSRC)
10.4.2. Cellular Connectivity
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America V2Xfor Car Market Size and Volume Forecast by Type
10.7.1. Vehicle-to-Vehicle (V2V)
10.7.2. Vehicle-to-Infrastructure (V2I)
10.7.3. Vehicle-to-Pedestrian (V2P)
10.7.4. Vehicle-to-Device (V2D)
10.7.5. Vehicle-to-Grid (V2G)
10.7.6. Vehicle-to-Cloud (V2C)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America V2Xfor Car Demand Share Forecast, 2019-2026
11. Europe V2Xfor Car Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe V2Xfor Car Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe V2Xfor Car Market Size and Volume Forecast by Application
11.4.1. Dedicated Short Range Communication (DSRC)
11.4.2. Cellular Connectivity
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe V2Xfor Car Market Size and Volume Forecast by Type
11.7.1. Vehicle-to-Vehicle (V2V)
11.7.2. Vehicle-to-Infrastructure (V2I)
11.7.3. Vehicle-to-Pedestrian (V2P)
11.7.4. Vehicle-to-Device (V2D)
11.7.5. Vehicle-to-Grid (V2G)
11.7.6. Vehicle-toCloud (V2C)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe V2Xfor Car Demand Share, 2019-2026
12. Asia Pacific V2Xfor Car Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific V2Xfor Car Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific V2Xfor Car Market Size and Volume Forecast by Application
12.4.1. Dedicated Short Range Communication (DSRC)
12.4.2. Cellular Connectivity
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific V2Xfor Car Market Size and Volume Forecast by Type
12.7.1. Vehicle-to-Vehicle (V2V)
12.7.2. Vehicle-to-Infrastructure (V2I)
12.7.3. Vehicle-to-Pedestrian (V2P)
12.7.4. Vehicle-to-Device (V2D)
12.7.5. Vehicle-to-Grid (V2G)
12.7.6. Vehicle-to-Cloud (V2C)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific V2Xfor Car Demand Share, 2019-2026
13. Middle East & Africa V2Xfor Car Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa V2Xfor Car Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa V2Xfor Car Market Size and Volume Forecast by Application
13.4.1. Dedicated Short Range Communication (DSRC)
13.4.2. Cellular Connectivity
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa V2Xfor Car Market Size and Volume Forecast by Type
13.7.1. Vehicle-to-Vehicle (V2V)
13.7.2. Vehicle-to-Infrastructure (V2I)
13.7.3. Vehicle-to-Pedestrian (V2P)
13.7.4. Vehicle-to-Device (V2D)
13.7.5. Vehicle-to-Grid (V2G)
13.7.6. Vehicle-to-Cloud (V2C)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa V2Xfor Car Demand Share, 2019-2026
14. Competition Landscape
14.1. Global V2Xfor Car Market: Market Share Analysis
14.2. V2Xfor Car Distributors and Customers
14.3. V2Xfor Car Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Qualcomm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NXP Semiconductors
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Robert Bosch
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Delphi Automotive
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
