Vehicle-to-Everything (V2X) Market

Vehicle-to-Everything (V2X) Market: Opportunities and Challenges in a Rapidly Evolving Industry

Emergen research’s Global Vehicle-to-Everything (V2X) Market research study is a comprehensive compilation of insightful data on the Vehicle-to-Everything (V2X) industry. The report conducts extensive research on the factors that have an impact on the expansion of the Vehicle-to-Everything (V2X) market as well as the expansion of the industry. The advantages and disadvantages of the pandemic for the Vehicle-to-Everything (V2X) business are covered in great length in the paper. Due to supply chain interruptions and economic unpredictability, the dynamics of the Vehicle-to-Everything (V2X) business have shifted. The most significant geographic and market segmental effects of the pandemic are examined in the paper. The segmentation of the Vehicle-to-Everything (V2X) market is included in the study, along with a thorough breakdown of its size and value. This research goes into great detail on the projected timeline from 2021 to 2028 as well as the current period’s Vehicle-to-Everything (V2X) market scenario. For each industry vertical, segment, end-use industry, application, region, and industry vertical, the Vehicle-to-Everything (V2X) market report offers a thorough examination of the previous, current, and projected revenues.

The global vehicle-to-everything (V2X) market is projected to reach a market size of USD 11.27 Billion by 2028 and register a robust CAGR during the forecast period, according to latest analysis by Emergen Research. Growing demand for vehicle-to-everything can be attributed to rising demand for autonomous cars and vehicles with more advanced safety features, especially in developed economies. Implementation of vehicle-to-everything communication increases drivers’ awareness about the surroundings and aids in facilitating autonomous driving. V2X assists in communicating information such as speed accuracy, brake pedal status, and heading. It also warns autonomous vehicles regarding nearby objects that are not directly visible (non-line-of-sight), which is a crucial feature for vehicle safety and for facilitating better decisions by autonomous cars.

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The Vehicle-to-Everything (V2X) research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Vehicle-to-Everything (V2X) market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Vehicle-to-Everything (V2X) market landscape.

The key companies studied in the report are:

Continental AG, Infineon Technologies AG, Robert Bosch GmbH, NXP Semiconductors, Harman International, Delphi Technologies, Qualcomm Technologies Inc., DENSO Corporation, Autotalks Ltd., and STMicroelectronics

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

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In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter’s Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.

On the basis of type, the market is segmented into

  • Communication Type Outlook (Revenue, USD Million; 2018–2028)
    • Vehicle-to-Vehicle (V2V)
    • Vehicle-to-Pedestrian (V2P)
    • Vehicle-to-Infrastructure (V2I)
    • Vehicle-to-Cloud (V2C)
    • Vehicle-to-Device (V2D)
    • Vehicle-to-Grid (V2G)
    • Others
  • Application Outlook (Revenue, USD Million; 2018–2028)
    • Automated Driver Assistance
    • Emergency Vehicle Notification
    • Intelligent Traffic Systems
    • Passenger Information System
    • Fleet and Asset Management
    • Parking Management System
    • Others
  • Connectivity Outlook (Revenue, USD Million; 2018–2028)
    • Dedicated Short Range Communication (DSRC)
    • Cellular V2X

The report addresses the following key points:

  • The report estimates the expected market size from 2020-2027
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Vehicle-to-Everything (V2X) market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth

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