The Automotive V2X Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Automotive V2X market 2030?
Automotive V2X Market size is valued at USD 0.74 billion in 2024 & is projected to reach USD 11.5 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 48% during the forecast period, i.e., 2024-30.
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Who are the top companies operating in the Automotive V2X market?
The report features prominent companies operating in the Automotive V2X market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Automotive V2X market: Continental AG, Lear Corporation, Qualcomm, Inc., NXP Semiconductors, LG Vehicle Component Solutions, Commsignia, HARMAN International, Mobileye, Miovision, Infineon Technologies AG, Denso Corporation, Autotalks Ltd., Cohda Wireless, Neusoft Corporation, Huawei Technologies Co. Ltd. and Others.
What is the key factor projected to fuel growth in the Automotive V2X Market between 2024 and 2030?
Policy Push Regarding Road Safety – The Global Automotive V2X Market shows healthy growth due to rising awareness and policy push regarding road safety. According to the United Nations, each year around 1.19 million deaths happen due to traffic accidents. To prevent such tragedies and improve road safety, authoritative bodies and automobile manufacturers are adopting smart connectivity technologies such as vehicle-to-everything (V2X).
Automotive V2X Market - Segmentation Analysis
- By Offering (Hardware, Software),
- By Communication Type (Vehicle-to-Vehicle (V2V) Communication, Vehicle-to-Infrastructure (V2I) Communication, Vehicle-to-Pedestrian (V2P) Communication, Vehicle-to-Home (V2H) Communication, Vehicle-to-Grid (V2G) Communication, Vehicle-to-Network (V2N) Communication),
- By Connectivity Type (Dedicated Short Range Communications (DSRC), Cellular Connectivity),
- By Vehicle Propulsion Type (Internal Combustion Engine (I.C.E.), (Passenger Vehicles, Commercial Vehicle), Electric Vehicle)),
- By Sales Channel (OEM, Aftermarket), and Others
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How does the Automotive V2X Market vary across different geography?
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The Asia Pacific region accounts for the largest market share in the Global Automotive V2X Market, as it accounts for the largest number of automobile sales specifically from China, India, Japan, and South Korea.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – Automotive V2X Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Automotive V2X Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Automotive V2X Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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