Global Automotive V2X Market size was US$ 3.57 Bn. in 2023 and is expected to reach US$ 34.46 Bn. by 2030, at a CAGR of 38.2 % during the forecast period.
Automotive V2X Market Overview:
The current condition of terminologies, segments, functions, and industry value chain structure was examined in the Automotive V2X Market Research Report. The report offers unbiased expert commentary on the current market situation, previous financial position, consumption patterns rates, demand and supply ratios, and revenue generation estimates for the forecasted time. The Automotive V2X market report also includes information on the strategic aspirations and company growth plans of the major organizations in the Automotive V2X sector. Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Automotive V2X market on both the global and regional levels.
Market Scope:
Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Automotive V2X market on both the global and regional levels.
Drivers:
Major restraints and drivers that affect the Automotive V2X market have also been covered in the Automotive V2X market report.
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Segmentation:
by vehicle type
Commercial
Passenger
by application
Predictive Maintenance
Remote Monitoring and Diagnostics
Parking Management System
Fleet and Asset Management
Passenger Information System
Emergency Vehicle Notification
Intelligent Traffic System
Automated Driver Assistance
by communication type
Vehicle-to-Vehicle
Vehicle-to-Network
Vehicle-to-Home
Vehicle-to-Grid
Vehicle-to-Pedestrian
Vehicle-to-Infrastructure
by offering
Hardware
Software
by connectivity type
Cellular
DSRC
Key Players:
The major players covered in the Automotive V2X market report are
1. Intel Corporation (US)
2. Qualcomm Technologies Inc.(US)
3. Harman International Industries, Inc.(US)
4. Nvidia Corporation(US)
5. NXP Semiconductors N.V.(Netherland)
6. TomTom International BV.(Netherland)
7. Autotalks ltd. (Israel)
8. Cohda Wireless (Australia)
9. Continental AG(Germany)
10.Daimler AG(Germany)
11.Audi AG(Germany)
12.Infineon Technologies AG (Germany)
13.Robert Bosch GmBH (Germany)
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Regional Analysis:
The region portion of the research also provides key market impacting components and changes in market regulatory oversight that have an impact on the market’s current and future trends. New deals, substitute sales, national demography, regulatory actions, and import-export taxes are some of the major variables used to forecast the market situation for different areas.
COVID-19 Impact Analysis on Automotive V2X Market:
The COVID-19 outbreak has had a significant impact on the global Automotive V2X industry. Due to the worldwide slump and a lack of employees, Automotive V2X manufacturing plants have been halted. The COVID-19 epidemic has caused a significant and long-term drop in production utilization, while travel prohibitions and facility closures have kept personnel away from their workplaces, causing the Automotive V2X market to slow down in 2020.
Key Questions Answered in the Automotive V2X Market Report are:
Which segment had the largest share in the Automotive V2X market?
How was the competitive scenario of the Automotive V2X market in 2020?
Which are the key factors responsible for the Automotive V2X market growth?
Which region held the maximum share in the Automotive V2X market in 2020?
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