Market Overview:
The global automotive vehicle-to-everything (V2X) market is foreseen to reach USD 26.72 billion by 2026.
It needn't bother with any interchanges or framework for vehicles to cooperative, which is the primary component to ensure security in remote or less developed territories. It is fundamentally very much coordinated for V2X correspondence in light of its less dormancy and the capacity to communicate momentarily.
The vehicle business is experiencing a progression of change, the industry moving towards digitalization and associated versatility. There has been a critical ascent in the use of hardware in the vehicles. The vehicles today have moved from being an ordinary vehicle to insightful vehicles and are furnished with correspondence frameworks that alarm or help the driver from a potential mishap. Besides, the rising purchaser interest for accommodation highlights has implemented different OEMs to consolidate V2X correspondence frameworks. The usage of the V2X correspondence won't just increment the security aspect, however, will likewise give improved driving experience.
Recent Developments:
Drivers and Restraints of V2X Market:
Drivers:
The expansion in the global automobile vehicle-to-everything (V2X) market is driven by expanding requirement for more secure streets, lower fuel wastage, and lesser traffic clog. Besides, expanding security worry with energy saving is fueling the worldwide automobile vehicle-to-everything business. Macroeconomic factors, for example, developing economy, rising extra cash, and quick pace of urbanization just as industrialization likewise driving the global automobile vehicle-to-everything industry. Joining of significant value chain, expanding automation, and technological progression are a portion of the elements trending the worldwide automobile vehicle-to-everything market over the conjecture time frame.
Restraints:
The main challenge for automotive V2X market to grow significantly is the need for robust legal framework. Another important challenge is to build a secure system which ensures privacy, authenticity and security for all types of V2X communication.
Market Segmentation:
By offering:
Among these, software is relied upon to grow at moderately high CAGR over the conjecture time frame.
By communication:
Among these, the vehicle-to-vehicle portion represents generally high income share in worldwide automobile vehicle-to-everything (V2X) market followed by vehicle-to-network section over the foreseen time. The V2V communication fragment is relied upon to have the most significant portion of the global automobile V2X market. V2V improves vehicle security through highlights, for example, forward collision warning (FCW) and lane changing warning (LCW). The developing security worries among people in general and government contribution to expanding car crashes is a significant driving variable for the development of the automobile V2V market.
By propulsion:
By connectivity:
Among these, DSRC is relied upon to have huge development rate over the estimated time frame. The progressions in 5G innovations would empower the uses of 5G-V2X is relied upon to offer better execution as far as cybersecurity and taking care of countless messages in blocked traffic conditions. Another factor that would drive the cellular portion is the expense related with equipment parts. The DSRC fragment, to perform V2P communication, requires extra hardware segments, which makes it costly contrasted with C-V2X.
By technology:
Among these, automated driver assistance section is developing at moderately high CAGR in the global automobile vehicle-to-everything market.
By vehicle type:
Of these, the passenger section is developing at a generous worth in worldwide automobile vehicle-to-everything (V2X) market though commercial fragment is presumed to represent moderately high income share over the estimated period.
By unit type:
Automotive Vehicle to Everything (V2X) Market Region-wise analysis:
Marked Segmentation based on the region:
a. Middle East
b. Africa
North America is relied upon to rule the global automobile vehicle-to-everything (V2X) market as far as value, credited to popularity for eco-friendly vehicles over the locale. Europe is relied upon to have the most significant portion of the global automotive V2X market during the foreseen time. The improved framework facility in Europe permits simple arrangement of V2X. The presence of top players in the Robert Bosch GmbH, Continental AG, and Delphi Technologies, alongside huge scope appropriation of V2X-equipped vehicles, is relied upon to significantly affect the European automobile V2X market. The Middle East, Latin America, and Africa are anticipated to have similarly immense possibility for automotive vehicle-to-everything key market players, attributing to expanding economy and industrialization.
Key Players of Market:
Key players in the global automotive vehicle-to-everything (V2X) market are Continental AG, Infineon Technologies AG, Qualcomm Inc., Toyota Motor Corporation, Delphi Automotive PLC, Cohda Wireless Pty, Savari Technologies Pvt. Ltd., Kapsch TrafficCom, eTrans Systems, Arada Systems Inc., Denso Corporation, AutoTalks Ltd., Volkswagen AG, General Motors Company, Daimler AG, and BMW Group.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automotive Vehicle-to-Everything (V2X) Market, By Offering
6.1.1 Hardware
6.1.2 Software
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Automotive Vehicle-to-Everything (V2X) Market, By Communication
6.2.1 Vehicle-to-Vehicle (V2V)
6.2.2 Vehicle-to-Infrastructure (V2I)
6.2.3 Vehicle-to-Pedestrian (V2P)
6.2.4 Vehicle-to-Grid (V2G)
6.2.5 Vehicle-to-Cloud (V2C)
6.2.6 Vehicle-to Device (V2D)
6.2.7 Market Size Estimations & Forecasts (2019-2024)
6.2.8 Y-o-Y Growth Rate Analysis
6.2.9 Market Attractiveness Index
6.3 Automotive Vehicle-to-Everything (V2X) Market, By Connectivity
6.3.1 Cellular
6.3.2 DSRC
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Automotive Vehicle-to-Everything (V2X) Market, By Technology
6.4.1 Intelligent Traffic Systems
6.4.2 Automated Driver Assistance
6.4.3 Emergency Vehicle Notification
6.4.4 Passenger Information System
6.4.5 Fleet & Asset Management
6.4.6 Parking Management System
6.4.7 Line Of Sight
6.4.8 Non-Line Of Sight
6.4.9 Backing
6.4.10 Market Size Estimations & Forecasts (2019-2024)
6.4.11 Y-o-Y Growth Rate Analysis
6.4.12 Market Attractiveness Index
6.5 Automotive Vehicle-to-Everything (V2X) Market, By Vehicle Type
6.5.1 Passenger Car
6.5.2 Commercial Vehicle
6.5.3 Market Size Estimations & Forecasts (2019-2024)
6.5.4 Y-o-Y Growth Rate Analysis
6.5.5 Market Attractiveness Index
6.6 Automotive Vehicle-to-Everything (V2X) Market, By Unit Type
6.6.1 On-Board Unit
6.6.2 Roadside Unit
6.6.3 Market Size Estimations & Forecasts (2019-2024)
6.6.4 Y-o-Y Growth Rate Analysis
6.6.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Offering
7.2.3 By Communication
7.2.4 By Connectivity
7.2.5 By Technology
7.2.6 By Vehicle Type
7.2.7 By Unit Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Offering
7.3.3 By Communication
7.3.4 By Connectivity
7.3.5 By Technology
7.3.6 By Vehicle Type
7.3.7 By Unit Type
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Offering
7.4.3 By Communication
7.4.4 By Connectivity
7.4.5 By Technology
7.4.6 By Vehicle Type
7.4.7 By Unit Type
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Offering
7.5.3 By Communication
7.5.4 By Connectivity
7.5.5 By Technology
7.5.6 By Vehicle Type
7.5.7 By Unit Type
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Offering
7.6.3 By Communication
7.6.4 By Connectivity
7.6.5 By Technology
7.6.6 By Vehicle Type
7.6.7 By Unit Type
8. Key Player Analysis
8.1 Continental AG
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Infineon Technologies AG
8.3 Delphi Automotive PLC
8.4 Qualcomm Inc.
8.5 Denso Corporation
8.6 Daimler AG
8.7 General Motors Company
8.8 Cohda Wireless Pty
8.9 Arada Systems Inc.
8.10 Kapsch TrafficCom
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
