Automotive V2X Technology - Global Strategic Business Report

The global market for Automotive V2X Technology was valued at US$2.2 Billion in 2024 and is projected to reach US$6.4 Billion by 2030, growing at a CAGR of 19.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Automotive V2X Technology market.

Global Automotive V2X Technology Market: Key Trends & Drivers Summarized

Is V2X Creating a New Era of Vehicle Communication and Road Intelligence?

Automotive Vehicle-to-Everything (V2X) technology is ushering in a transformative era of intelligent transportation by enabling real-time communication between vehicles and their surrounding environment. V2X encompasses several subcategories including Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Network (V2N), and Vehicle-to-Pedestrian (V2P), all of which facilitate a seamless exchange of data to improve safety, traffic efficiency, and driving experience. At the core of this technology is the ability of vehicles to share critical information such as speed, location, direction, and braking status with other road users and infrastructure components. This allows for predictive decision-making, reduced collision risk, and smoother traffic flow. Emerging deployments use both dedicated short-range communication (DSRC) and cellular-V2X (C-V2X) standards, with the latter gaining momentum due to its ability to support low-latency, high-bandwidth communication across broader networks. Automotive V2X systems are being designed to integrate with advanced driver assistance systems (ADAS), enhancing capabilities like adaptive cruise control, lane merging, and emergency braking. In high-density urban environments, V2X enables vehicles to receive information from traffic lights, construction zones, and public transit systems, allowing them to navigate more efficiently. Autonomous vehicles also rely heavily on V2X to improve environmental awareness beyond what is visible through onboard sensors. As cities grow smarter and roads become more congested, V2X serves as the communication backbone that connects vehicles not only with one another but also with the broader digital infrastructure. This shift is turning the automobile into a dynamic node in a complex, real-time mobility network designed to make driving safer, cleaner, and more connected.

Are Regulations, Spectrum Policies, and Interoperability Standards Advancing V2X Deployment?

The widespread deployment of automotive V2X technology is deeply influenced by global regulatory frameworks, spectrum allocation policies, and the establishment of technical interoperability standards. Governments and industry bodies are increasingly aligning on the need to standardize V2X communication protocols to ensure seamless integration across different vehicle brands, infrastructure systems, and technology platforms. In regions like the European Union and China, regulators have made significant strides in mandating or encouraging V2X readiness in new vehicles, while also funding smart infrastructure projects that incorporate roadside units capable of interfacing with V2X-enabled vehicles. The United States has seen a more fragmented approach due to conflicting priorities around spectrum usage between automotive and telecom industries. While DSRC initially led the charge, cellular-based V2X (C-V2X) is now being prioritized by most automakers due to its alignment with 5G rollouts and broader device compatibility. Regulatory clarity on spectrum use, especially in the 5.9 GHz band, is critical for ensuring long-term investment and infrastructure development. To that end, international standard-setting organizations like IEEE, SAE, and ETSI are collaborating to create unified communication protocols that can support both DSRC and C-V2X under hybrid models. Cybersecurity regulations are also emerging as a key consideration, as the large-scale transmission of vehicle and infrastructure data introduces vulnerabilities that must be secured through encryption, authentication, and intrusion detection systems. Governments are beginning to include V2X in their smart city roadmaps and safety regulations, pushing for deployment in public transit, emergency response vehicles, and highway infrastructure. The success of V2X adoption will depend heavily on clear regulatory guidance, robust cybersecurity measures, and interoperability frameworks that allow for consistent performance across diverse geographies and use cases.

Which Applications and Vehicle Types Are Leading the Charge in V2X Implementation?

V2X technology is being rapidly implemented across a growing number of vehicle types and mobility applications, each with unique operational needs and performance expectations. Passenger vehicles equipped with V2X are beginning to roll off assembly lines, especially in markets like China, where both domestic automakers and global OEMs are integrating the technology into new electric and connected vehicle platforms. These systems enable real-time communication with nearby vehicles, pedestrians, and infrastructure to reduce accidents and optimize navigation. Commercial vehicles, particularly those in logistics and urban delivery fleets, are also becoming early adopters due to their consistent routes, predictable usage patterns, and high exposure to traffic-related risks. Buses and public transportation systems benefit from V2X by receiving priority at traffic signals and real-time updates on road conditions, which improves scheduling and passenger satisfaction. Emergency vehicles such as ambulances and fire trucks use V2X to broadcast their presence to surrounding vehicles, enabling quicker response times and safer navigation through congested areas. Autonomous shuttles and robotaxis are heavily reliant on V2X to extend their awareness beyond what onboard sensors can detect, especially at intersections, blind spots, or in complex traffic situations. In the context of smart cities, V2X applications include traffic signal coordination, road hazard alerts, pedestrian crossing safety, and environmental monitoring. Additionally, V2X is being tested in two-wheeler and micro-mobility solutions such as scooters and bicycles to improve safety in high-density traffic areas. Across these diverse implementations, V2X is not only enhancing safety but also enabling a more predictive, adaptive, and efficient transportation experience. As these applications continue to expand, they are collectively validating the role of V2X as a transformative force in modern mobility.

What Are the Key Market Drivers Behind the Surge in V2X Technology Adoption?

The growth in the automotive V2X technology market is driven by several interconnected factors related to technological advancement, safety imperatives, infrastructure modernization, and evolving consumer expectations. One of the most powerful growth drivers is the global push toward reducing road fatalities and traffic congestion, with V2X seen as a cornerstone of next-generation road safety systems. As vehicle automation progresses, V2X becomes essential for enabling cooperative driving, where cars not only act autonomously but also collaborate with one another and with infrastructure. The increasing availability of high-speed cellular networks, especially 5G, is accelerating the deployment of C-V2X systems that require low latency and high reliability. Automotive OEMs are increasingly embedding V2X capabilities into connected and electric vehicle platforms as part of their broader shift toward software-defined architectures and smart mobility services. Infrastructure investments by governments, including smart traffic signals, roadside units, and intelligent transport systems, are creating the necessary ecosystem for V2X to function at scale. Consumer demand for safer, smarter, and more connected driving experiences is also driving OEMs and Tier 1 suppliers to prioritize V2X in product development roadmaps. The rise of Mobility-as-a-Service platforms and shared autonomous vehicles is further reinforcing the need for vehicles to communicate seamlessly with dynamic environments. Data monetization opportunities through traffic pattern analysis, safety data aggregation, and fleet optimization are attracting interest from insurers, city planners, and technology providers. Finally, environmental goals aimed at improving urban air quality and reducing vehicle idling are being supported by V2X through real-time traffic optimization. Together, these factors are converging to fuel the rapid and sustained growth of the automotive V2X market across both developed and emerging economies.

Scope of the Report

The report analyzes the Automotive V2X Technology market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below:

• Segments: Communications Type (Vehicle-to-Vehicle, Vehicle-to-Infrastructure, Vehicle-to-Pedestrian, Vehicle-to-Device, Vehicle-to-Grid, Vehicle-to-Network); Connectivity (Dedicated Short Range Communications Connectivity, Cellular Connectivity); Application (Safety Application, Traffic Management Application, Infotainment Application, Payments Application, Other Applications); End-Use (Passenger Cars End-Use, Commercial Vehicles End-Use).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Vehicle-to-Vehicle segment, which is expected to reach US$1.5 Billion by 2030 with a CAGR of a 17.8%. The Vehicle-to-Infrastructure segment is also set to grow at 22.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $589.5 Million in 2024, and China, forecasted to grow at an impressive 26.2% CAGR to reach $1.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Automotive V2X Technology Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive V2X Technology Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Automotive V2X Technology Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Autotalks Ltd., Bosch Mobility (Robert Bosch GmbH), Cohda Wireless, Continental AG, Denso Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 47 companies featured in this Automotive V2X Technology market report include:

• Autotalks Ltd.
• Bosch Mobility (Robert Bosch GmbH)
• Cohda Wireless
• Continental AG
• Denso Corporation
• Ericsson AB
• Harman International
• Huawei Technologies Co., Ltd.
• Infineon Technologies AG
• Intel Corporation (Mobileye)
• Kapsch TrafficCom AG
• LG Electronics Inc.
• Marben Products
• NXP Semiconductors N.V.
• Qualcomm Technologies, Inc.
• Savari, Inc. (acquired by Harman)
• STMicroelectronics
• Tata Elxsi
• Visteon Corporation
• ZF Friedrichshafen AG

This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis from 2015 to 2023.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025 (E), competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.