Automotive V2X Market Regional Revenue & Growth Forecast By 2019-2025
Category: #business  By Partha Ray  Date: 2019-08-13
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Automotive V2X Market Regional Revenue & Growth Forecast By 2019-2025

An analysis of Automotive V2X Market has been provided in the latest report introduced by Global Market Insights, Inc.  that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

The North America region holds a major share in the automotive V2X market due to favorable government initiatives. The road safety organizations in the region have engaged in various activities to accelerate the innovation on automotive V2X landscape to improve transportation and road safety. Major players operating in the market have conducted many product testing initiatives to develop advanced versions of their existing V2X technology.

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The rising number of concerns among government bodies and road safety organizations toward improving the safety & security of passenger vehicles is further supplementing the growth of the automotive V2X market. The regulatory bodies across the globe are constantly working on augmenting the existing in-vehicle technologies and mandating the use of ADAS systems in vehicles. Government guidelines are encouraging car manufacturers to develop new & advanced V2X communications to comply with the safety mandates.

Automotive V2X Market, By Communication Type, 2014-2025 (USD Million)

  • Vehicle-to-Cloud (V2C)
  • Vehicle-to-Pedestrian (V2C)
  • Vehicle-to-Grid (V2G)
  • Vehicle-to-Infrastructure (V2I)
  • Vehicle-to-Vehicle (V2V)
  • Vehicle-to-Device (V2D)

Automotive V2X Market, By Component, 2014-2025 (USD Million)

  • Hardware
    • GPS Antennas
    • GPS Module
    • Ethernet Port
    • CPU
    • Others
  • Software

Automotive V2X Industry, By Connectivity Type, 2014-2025 (USD Million)

  • Dedicated Short Range Communication (DSRC)
  • Cellular Connectivity

Automotive V2X Industry, By Propulsion Type, 2014-2025 (USD Million)

  • Electric Vehicle (EV)
  • Internal Combustion Engine (ICE)

Automotive V2X Industry, By Technology Type, 2014-2025 (USD Million)

  • Automated Driver Assistance
  • Intelligent Traffic System
  • Emergency Vehicle Notification
  • Passenger Information System
  • Fleet & Asset Management
  • Parking Management System
  • Others

 

Dedicated Short Range Communication (DSRC) technology is being increasingly used in autonomous vehicles to enable high data transmission speeds and paramount in various active safety applications. The regulatory authorities in developed nations including the U.S. have introduced various guidelines for use of the DSRC technology in automotive V2X market applications. This has further promoted its usage in autonomous vehicles to comply with various vehicle-related safety and mobility issues. Apart from the DSRC technology, automakers are also investing in cellular technology to collect information related to weather & road conditions, accidents, and obstacles within the vicinity of cars.

Automotive V2X Market size is predicted to grow at substantial rate in the coming years led by increasing number of investments and R&D initiatives in the autonomous vehicle landscape. The automakers are investing in V2X technologies, such as LiDAR, as they view the technology as a key enabling factor for driving the growth of the autonomous vehicle market. The technology players, such as Apple and Google, are collaborating with auto manufacturers, such as BMW and Volkswagen, to develop new & cost-effective V2X technologies. These strategic initiatives led by automakers have led to the development of various advanced & cost-effective V2X technologies.

Major players in the automotive V2X market are continental, Delphi Automotive, Intel, NXP Semiconductors, Qualcomm, Intel, Autotalks, Audi, TomTom, Robert Bosch, Infineon Technology, Daimler, and Harman International. The players operating in the space are collaborating with automakers to integrate their products into vehicles.

Methodology used in this report: -

our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

Market research reports: Key analytical components

Get this report Customized to your requirements @ https://www.gminsights.com/roc/3379

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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