Vehicle-to-Everything (V2X) Market Segmentation and Opportunities: In-Depth Market Research
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.
The Global Vehicle-to-Everything (V2X) Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Vehicle-to-Everything (V2X) Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.
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Effect of COVID-19 on the global market for Vehicle-to-Everything (V2X) Market
The COVID-19 pandemic had a significant negative influence on the market for Vehicle-to-Everything (V2X) Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Vehicle-to-Everything (V2X) Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Vehicle-to-Everything (V2X) Market in 2020. Additionally, demand for Vehicle-to-Everything (V2X) Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Vehicle-to-Everything (V2X) Market market : Competitive Landscape
The prominent players operating in the Vehicle-to-Everything (V2X) Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Vehicle-to-Everything (V2X) Market market .
Continental AG, Infineon Technologies AG, Robert Bosch GmbH, NXP Semiconductors, Harman International, Delphi Technologies, Qualcomm Technologies Inc., DENSO Corporation, Autotalks Ltd., and STMicroelectronics
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the Global Vehicle-to-Everything (V2X) Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.
Based on types, 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
Regional Outlook :
The growth of the Vehicle-to-Everything (V2X) Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.
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Look Over transcripts provided by Emergen Research @
Vehicle-to-Everything (V2X) Market Size
Vehicle-to-Everything (V2X) Market Share
Vehicle-to-Everything (V2X) Market Trends
Vehicle-to-Everything (V2X) Regional Market Demand
Vehicle-to-Everything (V2X) Market Analysis
Vehicle-to-Everything (V2X) Market Top Companies
Vehicle-to-Everything (V2X) Market News
Vehicle-to-Everything (V2X) Market Executive Summary
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