The Automotive V2X Market is estimated to grow at a CAGR of around 45% during the forecast period, i.e., 2021-26.
Key Findings of the Study: Automotive V2X Market
Market Opportunities
According to MarkNtel Advisors’ research report “Global Automotive V2X Market Analysis, 2020”, the Global Automotive V2X market is anticipated to grow at a CAGR of 45% during 2021-26F. The growth of the market is accredited to growing concern regarding emission from vehicle due to traffic congestion, introduction of stringent regulations by the government regarding public safety and security and burgeoning customer inclination toward vehicles equipped with features such as vehicle-to-vehicle connectivity. Moreover, boost in government initiatives to propel the sales of electric vehicles, increase in the fleet size of passenger cars and escalating use of electronics in the vehicles are the major factors strongly contributing towards the growth of the market in the forthcoming timeline.
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Scope of the Report and Automotive V2X Market Segmentation
By Offering
-Hardware
-Software
By Communication Type
-Vehicle-to-Vehicle (V2V) Communication
-Vehicle-to-Infrastructure (V2I) Communication
-Vehicle-to-Pedestrian (V2P) Communication
-Vehicle-to-Home (V2H) Communication
-Vehicle-to-Grid (V2G) Communication
-Vehicle-to-Network (V2N) Communication
By Connectivity Type
-Dedicated Short Range Communications (DSRC)
-Cellular Connectivity
By Vehicle Type
-Passenger Cars
-Commercial Vehicle
-Electric Vehicle
- Electric Vehicle is expected to Attain Highest CAGR
By Sales Channel
-OEM
-Aftermarket
Top leading companies in the Automotive V2X Market includes:
Continental AG, Delphi Automotive LLP, Qualcomm, Inc., NXP Semiconductors, Robert Bosch GmbH, TomTom International B.V, HARMAN International, Mobileye, Cisco Systems, Inc., Infineon Technologies AG, Denso Corporation, Autotalks Ltd., Cohda Wireless, Neusoft Corporation, Huawei Technologies Co., Ltd. etc.
For more detailed information about the Automotive V2X market report, click here – https://www.marknteladvisors.com/research-library/global-automotive-v2x-market.html
Geographical analysis:
North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain
Asia-Pacific: China, India, Japan, South Korea, Australia
South America: Brazil, Argentina
Middle East & Africa: UAE, Saudi Arabia, South Africa
Note: If you require specific information not covered in the current report, we can provide it through customized option
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