Study papers on V2X market and regional forecast. V2X market players are Continental (Germany), Qualcomm (US), Delphi Automotive (UK), Infineon Technologies (Germany), Intel (US), NXP Semiconductors (Netherlands), Tom Tom (Netherlands), Harman International (US), Cohda Wireless (Australia), Autotalks (Israel), NVIDIA (US), Robert Bosch (Germany), Daimler (Germany), Audi (Germany).
Download Brochure of V2X Market spread across 168 pages, Profiling 14 Companies and Supported with 62 Tables and 53 Figures is now available at www.rnrmarketresearch.com/contacts…mple?rname=764742
V2X market is projected to grow at a CAGR of 17.61% from 2017 to 2025, to reach a market size of USD 99.55 billion by 2025 from USD 27.19 billion in 2017. The major factors driving the growth of the market are the increase in government funds for better traffic management and the development of connected vehicles.
On the other hand, lack of infrastructure and additional cost burden on consumers may hinder the growth of the V2X market.
- V2X technologies suppliers
- Hardware modules suppliers
- Automotive OEMs
- Industry associations and experts
North America is estimated to account for the largest share, by value and volume, of the V2X market in 2017.However, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period.
The largest share of North America in the automotive V2X market can be attributed to factors such as a huge demand for automobiles because of better infrastructure and high income, favorable policies and regulations by the government, and the need for a better and effective transportation system.
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The market for V2V communication is estimated to grow at the highest CAGR during the forecast period. Government initiatives to commercialize V2V communication are expected to drive the V2V market in North America.
In 2014, the National Highway Traffic Safety Administration (NHTSA) announced steps to enableV2V communication for light vehicles, which would help improve safety.
2 Market Ranking Analysis
3 Competitive Scenario
3.1 New Product Developments, 2017
3.2 Mergers & Acquisitions, 2015–2017
3.3 Partnerships/Supply Contracts/Collaborations/ Joint Ventures, 2015–2017
Report at www.rnrmarketresearch.com/contacts/?rname=764742
The report segments the V2X market and forecasts its size, by volume and value, on the basis of region (Asia Pacific, Europe, North America, and RoW),offering type (Hardware and Software), communication type (Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Device (V2D), Vehicle-to-Grid (V2G), and Vehicle-to-Cloud (V2C)), connectivity type (Dedicated Short Range Communication (DSRC) and Cellular Connectivity), propulsion type (ICE and EV), and technology type(Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet & Asset Management, Parking Management System, Line of sight, Non-line of sight, Backing, and others).
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