Title: Automotive V2X Market: Global Competitive Analytics and Insights 2027
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2Automotive V2X Market
Automotive OEMs and many advanced mobility
players have been some of the hardest hit in the
automotive world due to COVID-19. This could lead
to a direct long-term impact on the automotive
industry too due to the macroeconomic trends,
changing consumer behaviour and regulatory
developments. Although, with countless changes
forced upon our day-to-day lives by the COVID-19
pandemic, the automotive industries are on the
lookout for how changes in consumer behaviour may
affect the adoption of technologies such
vehicle-to-everything (V2X).
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3Automotive V2X Market
The global automotive V2X market was valued at
2,565.6 million in 2019, and is projected to
reach 11,718.7 million by 2027, registering a
CAGR of 28.4. Europe was the highest revenue
contributor, accounting for 851.8 million in
2019, and is estimated to reach 3,030.5 million
by 2027, with a CAGR of 24.4. Vehicle-to-everyth
ing (V2X) is a communication technology that
allows a vehicle to communicate with other
vehicles, road users, and infrastructure. The
major purpose of V2X technology is to improve
road safety, energy savings, and traffic
efficiency on roads. The key components of V2X
include 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) communication systems.
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4Automotive V2X Market
- Key Benefits For Stakeholders
- This study presents the analytical depiction of
the global automotive V2X market analysis along
with the current trends and future estimations to
depict imminent investment pockets. - The overall automotive V2X market opportunity is
determined by understanding profitable trends to
gain a stronger foothold. - The report presents information related to key
drivers, restraints, and opportunities of the
market with a detailed impact analysis. - The current market is quantitatively analyzed
from 2019 to 2027 to benchmark the financial
competency. - Porters five forces analysis illustrates the
potency of the buyers and suppliers in the
industry.
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5Automotive V2X Market
- Major Companies
- Altran
- Autotalks Ltd
- Continental AG
- HARMAN International
- Infineon Technologies AG
- NXP Semiconductors
- Qualcomm Technologies, Inc
- Robert Bosch GmbH
- Savari, Inc
- STMicroelectronics
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6Automotive V2X Market
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