Automotive V2X Global Market Report 2021: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global automotive v2x market.
This report focuses on automotive v2x market which is experiencing strong growth. The report gives a guide to the automotive v2x market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Where is the largest and fastest growing market for the automotive v2x? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Automotive V2X market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider automotive v2x market, and compares it with other markets.
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This report focuses on automotive v2x market which is experiencing strong growth. The report gives a guide to the automotive v2x market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
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- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
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- Identify growth segments for investment
- Outperform competitors using forecast data and the drivers and trends shaping the market
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Description
Where is the largest and fastest growing market for the automotive v2x? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Automotive V2X market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider automotive v2x market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth
- Market segmentations break down market into sub markets
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. - - It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
- The automotive v2x market section of the report gives context. It compares the automotive v2x market with other segments of the automotive v2x market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, automotive v2x indicators comparison
Markets Covered:
- By Technology: Emergency Vehicle Notification; Automated Driver Assistance; Passenger Information System; Line of Sight; Others
- By Vehicle Type: Passenger Cars; Commercial Vehicles
- By Connectivity: DSRC; Cellular
- By Communication: Vehicle-To-Vehicle (V2V); Vehicle-To-Infrastructure (V2I); Vehicle-To-Pedestrian (V2P); Vehicle-To-Grid (V2G); Vehicle-To-Cloud (V2C); Vehicle-To Device (V2D)
- Companies Mentioned: Autotalks Ltd; Continental AG; Denso Corporation; Harman International; Infineon Technologies AG- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
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Frequently Asked Questions about the Global Automotive V2X Market
What is the estimated value of the Global Automotive V2X Market?
What is the growth rate of the Global Automotive V2X Market?
What is the forecasted size of the Global Automotive V2X Market?
Who are the key companies in the Global Automotive V2X Market?
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | December 2021 |
Forecast Period | 2021 - 2025 |
Estimated Market Value ( USD | $ 619.42 million |
Forecasted Market Value ( USD | $ 2258.04 million |
Compound Annual Growth Rate | 38.2% |
Regions Covered | Global |
Table of Contents
1. Executive Summary2. Automotive V2X Market Characteristics3. Automotive V2X Market Trends and Strategies4. Impact of COVID-19 On Automotive V2X28. Key Mergers and Acquisitions In the Automotive V2X Market29. Automotive V2X Market Future Outlook and Potential Analysis
5. Automotive V2X Market Size and Growth
6. Automotive V2X Market Segmentation
7. Automotive V2X Market Regional and Country Analysis
8. Asia-Pacific Automotive V2X Market
9. China Automotive V2X Market
10. India Automotive V2X Market
11. Japan Automotive V2X Market
12. Australia Automotive V2X Market
13. Indonesia Automotive V2X Market
14. South Korea Automotive V2X Market
15. Western Europe Automotive V2X Market
16. UK Automotive V2X Market
17. Germany Automotive V2X Market
18. France Automotive V2X Market
19. Eastern Europe Automotive V2X Market
20. Russia Automotive V2X Market
21. North America Automotive V2X Market
22. USA Automotive V2X Market
23. South America Automotive V2X Market
24. Brazil Automotive V2X Market
25. Middle East Automotive V2X Market
26. Africa Automotive V2X Market
27. Automotive V2X Market Competitive Landscape and Company Profiles
30. Appendix
Executive Summary
Major players in the automotive v2x market are Autotalks Ltd., Continental AG, Denso Corporation, Harman International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies Inc., Robert Bosch, Cohda Wireless, STMicroelectronics, TE Connectivity Ltd., Qorvo Inc., Ford Motor Company, Danlaw Inc., and Amphenol Corporation.The global automotive V2X market is expected to grow from $517.31 million in 2020 to $619.42 million in 2021 at a compound annual growth rate (CAGR) of 19.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2,258.04 million in 2025 at a CAGR of 38.2%.
The automotive V2X market consists of sales of automotive V2X technologies by entities (organizations, sole traders, and partnerships) that are mainly used to increase safety and prevent collisions. Vehicle to Everything (V2X) is a communication system used in a vehicle that supports the exchange of the from a vehicle to moving components of the traffic system that may have an impact on the vehicle. The technology improves traffic efficiency by notifying drivers to approach traffic, offering other routes to avoid traffic, and spotting unoccupied parking spaces.
The main types of technologies in automotive V2X are emergency vehicle notification, automated driver assistance, passenger information system, line of sight, others, and has various connectivities such as DSRC, cellular. The emergency vehicle notification technology provides an emergency vehicle notification system which is a method for notifying traffic of an approaching emergency vehicle. The different vehicle types include passenger cars and commercial vehicles. The several types of communications involved in automotive V2X are vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), vehicle-to-grid (V2G), vehicle-to-cloud (V2C), and vehicle-to device (V2D).
North America was the largest region in the automotive V2X market in 2020. The Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The growing technological advancements such as LTE-V2X technology are a key trend gaining popularity in the automotive V2X market. LTE-V2X technology is an innovative information and communication technology that is used in road transportation systems to allow information to be exchanged between vehicles, humans, networks, and infrastructure. Major companies operating in the automotive V2X sector are focused on developing LTE-V2X technology to strengthen their position. For instance, in 2019, Qualcomm, a US-based semiconductor company launched a Snapdragon automotive 4G platform, which is a 6th generation multimode LTE modem with integrated V2X technology used for automotive vehicles. Vehicle-to-vehicle (V2V) and vehicle-to-roadside infrastructure (V2I) communications for safety, high bandwidth, and low latency teleoperations, Precision location, and multi-gigabit cloud connectivity are all advantages of these platforms.
In February 2021. Harman International, a USA-based company focused on connected devices for automotive in customer and enterprise markets acquired the resources of Savari, Inc. for an undisclosed amount. With the acquisition of Savari, Harman International aims to improve its car telematics and Advanced Driving Assistance Systems (ADAS) related to the automotive v2x market, and extend the organization's qualities in 5G Edge, Multi-Access Edge Computing (MEC). Savari is a USA-based automotive innovation company creating new technologies in vehicle-to-everything technology (V2X) and 5G Edge markets.
The increasing demand for fully autonomous vehicles is expected to propel the growth of the automotive V2X market in the coming years. Autonomous vehicles are defined as self-driving vehicles that move without any human intervention or require very little human intervention. V2X offers an advantage in automatic vehicles since it delivers information about objects that other sensors are unable to detect. Also, it can improve traffic efficiency by giving information about traffic signals. For instance, according to TechCrunch, a US-based online newspaper, in 2019, over 1,400 self-driving vehicles are being tested by more than 80 companies across the United States. Furthermore, according to the Nissan Motor Co., Ltd, a Japan-based automobile manufacturer report in 2019, 55% of small firms expect vehicles to be autonomous within the next 20 years. Thus, the increasing demand for fully autonomous vehicles drives the growth of the automotive V2X market.
The countries covered in the automotive V2X market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amphenol Corporation
- Autotalks Ltd.
- Cohda Wireless
- Continental AG
- Danlaw Inc.
- Denso Corporation
- Ford Motor Company
- Harman International
- Infineon Technologies AG
- NXP Semiconductors
- Qorvo Inc.
- Qualcomm Technologies Inc.
Methodology
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