Vehicle-to-Everything (V2X) Market Revenue, Statistics and Demand Analysis Research Report by 2028

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Rising demand for autonomous cars and rising focus on driver, pedestrian, and vehicle safety are some key factors influencing market growth.

The Global Vehicle-to-Everything (V2X) Market research report is a detailed document outlining the recent advancements and developments in the Vehicle-to-Everything (V2X) business sphere considering 2019 as the base year and 2021-2028 as the forecast timeline. The study provides insightful information on the market's size, share, sales channels, distribution system, market segmentation, consumer demands, market trends, and growth prospects. The market's expansion on a national and international level is also covered in the study. In several important areas, the market's growth has been adversely impacted by supply chain disruptions and economic instability. The study examines the pandemic's current and potential effects as well as the post-pandemic market environment.

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 paper provides a thorough examination of the worldwide and regional markets for Vehicle-to-Everything (V2X)s and forecasts the market for the next eight years. The market's drivers, restrictions, limitations, growth prospects, challenges, opportunities, and current and upcoming trends are all thoroughly covered in the report. In-depth analysis of the market participants' businesses, product portfolios, technical breakthroughs, expansion plans, financial status, and international positions is also provided in the study. It also gives light on the competitive landscape's joint ventures, partnerships, product launches, brand promotions, business and government relationships, licensing agreements, and other types of collaborations.

Key companies profiled in the report include:

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

The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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The report also presents the analytical information in a well-organized fashion divided into graphs, tables, charts, figures, and diagrams. This makes it simple and useful for readers to comprehend the market situation. The research also tries to convey a forward-looking perspective and reach an insightful conclusion to help the reader make profitable business decisions. In summary, the report offers a thorough analysis of the market segments anticipated to dominate it, the regional division, the estimated market size and share, as well as a thorough SWOT analysis and Porter's Five Forces Analysis.

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

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