Automotive V2X Market Development, Key Opportunities and Analysis of Key Players and forecast 2029

Automotive V2X Market Overview:

Automotive V2X Market Research provides a comprehensive overview of Automotive V2X to provide a current understanding of the market and its features. The report also includes detailed information on forecasted statistics, significant advancements, and revenue.

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Automotive V2X Market Scope:

The global Automotive V2X market report provides statistics and analytical insights to give a comprehensive understanding of the market size, share, trend, growth, demand, market player and industry profile, opportunities, value chain, end-users, types, and applications. It also includes accessible opportunities in micro and macro markets for stakeholders to invest, as well as a detailed analysis of the competitive landscape and product offerings of major competitors.

The qualitative and quantitative data in the report help decision-makers identify market segments, regions, and variables that are likely to drive the Automotive V2X market at a faster pace, as well as major opportunity areas. SWOT analysis, PESTLE analysis, and PORTER analysis have been used to provide an in-depth analysis of the Automotive V2X market.

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Regional Analysis:

The research has been conducted on each regional Automotive V2X market to determine its current and future growth potential. The Automotive V2X market report covers all five regions and their country-specific distribution. Their market size and trends are also included in the Automotive V2X report.

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Automotive V2X Market Dynamics:

According to the WHO, more than 1.36 million road accident deaths occur every year and these road accidents can be reduced by 80% by using V2X technology. The primary goals of V2X technology are to improve traffic efficiency, energy conservation, and road safety by allowing cars to communicate their position, speed, and direction to each other over a mesh network. The automotive V2X market is huge and more and more companies are getting involved and investing in the V2X technology. The concept of “vehicle intelligentialization” has been introduced to the V2X, which promises huge commercial interest. According to the U.S. National Highway Traffic Safety Administration (NHTSA), nearly 615,000 vehicle crashes could be prevented with the help of V2X technology. Over 90 % of drivers in the United States have expressed a desire to use a vehicle equipped with a V2X system. The integration of 5G and AI along with the growing popularity of autonomous and semi-autonomous vehicles has provided a considerable boost to the adoption of V2X technology in recent years.

Automotive V2X Market Segmentation:

by vehicle type
Commercial
Passenger

by application
Predictive Maintenance
Remote Monitoring and Diagnostics
Parking Management System
Fleet and Asset Management
Passenger Information System
Emergency Vehicle Notification
Intelligent Traffic System
Automated Driver Assistance

by communication type
Vehicle-to-Vehicle
Vehicle-to-Network
Vehicle-to-Home
Vehicle-to-Grid
Vehicle-to-Pedestrian
Vehicle-to-Infrastructure

by offering
Hardware
Software

by connectivity type
Cellular
DSRC

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Automotive V2X Market Key Players:

1. Intel Corporation (US)
2. Qualcomm Technologies Inc.(US)
3. Harman International Industries, Inc.(US)
4. Nvidia Corporation(US)
5. NXP Semiconductors N.V.(Netherland)
6. TomTom International BV.(Netherland)
7. Autotalks ltd. (Israel)
8. Cohda Wireless (Australia)
9. Continental AG(Germany)
10.Daimler AG(Germany)
11.Audi AG(Germany)
12.Infineon Technologies AG (Germany)
13.Robert Bosch GmBH (Germany)

Key Questions answered in the Automotive V2X Market Report are:

  • What is the forecast period of the Automotive V2X Market?
  • What is the growth rate of the Automotive V2X Market?
  • What are the Automotive V2X Market segments?
  • Which region held the largest Automotive V2X market share in 2022?
  • What are the opportunities for the Automotive V2X Market?
  • What factors are affecting the Automotive V2X market growth?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis of each segment and their sub-segments
  • Landscape- Leading key players and other prominent key players.

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