Global Automotive V2X Communication Market 2018-2022
- Published: Mar 2018
- Pages: 122
- SKU: IRTNTR21213
The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!
The global automotive V2X communication market size will grow by USD 2.88 billion during 2018-2022. This report offers an analysis of the market based on V2X technologies (V2V, V2I, and others) and geography (the Americas, APAC, and EMEA). The automotive V2X communication market research report further analyzes the market’s competitive landscape and offers information on several companies including Autotalks, Continental, Delphi, NXP Semiconductors, Savari, and Qualcomm Technologies.
Below are some of the key findings from the automotive V2X communication market research report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Get a FREE sample now!
Global automotive V2X communication industry overview
The improved road network and reduced commute time by implementing V2X communication are among the primary factors driving the automotive V2X communication market growth. Infrastructure technology advancements have resulted in improved road connectivity in numerous towns and cities globally. Improved roadways and infrastructure encourage the use of roadways for traveling through personal vehicles or public transportation system. This daily use of vehicles is resulting in traffic congestions in major cities that leads to an increase in commuting time. The growing number of hours spent on vehicles is driving the requirement for automotive V2X communication systems to efficiently determine the optimum route of travel. Furthermore, new mobility modes and rising inner-city commutes such as long-distance carpooling and car sharing have led to travelers spending more than 100 miles a day. Thus, the increasing use of personal vehicles for long-distance travel will be a crucial driver for the global automotive V2X communication market.
The strong competition among DSRC and C-V2X technologies is one of the key automotive V2X communication market trends that is expected to further boost market growth. DSRC is highly adopted for V2X communication globally as it has successfully completed the test before commercialization. However, the new connectivity of cellular technology is being tested in the V2X market, driven by the wider presence of the cellular network. Recent developments from 4G LTE to newly introduced 5G wireless technology are expected to facilitate the adoption of cellular network for V2X communication. This is expected to intensify the competition among these communication mediums, and thereby drive the growth of automotive V2X communication market. The automotive V2X communication market forecast report predicts that fueled by these factors, the market will grow at a CAGR of 29% during the forecast period.
Top automotive V2X communication companies covered in this market research report
The automotive V2X communication market is moderately concentrated with a few key players occupying the market share. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automotive V2X communication industry analysis report is designed to aid clients identify and build new growth strategies.
The report offers a complete analysis of various companies including:
- NXP Semiconductors
- Qualcomm Technologies
Automotive V2X communication market segmentation based on geographic regions
Global automotive V2X communication market analysis reveals that the Americas will lead the automotive V2X communication market share during the projected period. Whereas, the APAC region will register the highest automotive V2X communication market growth throughout the forecast period.
Automotive V2X communication market segmentation based on V2X technology
The V2V segment will account for the largest automotive V2X communication market share during the forecast period. Whereas, the V2I segment will account for the highest automotive V2X communication market growth. Additionally, the report will also provide an accurate prediction of the contribution of the various V2X technologies to the growth of the automotive V2X communication market size.
Key highlights of the global automotive V2X communication market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the automotive V2X communication market during the next five years
- Precise estimation of the global automotive V2X communication market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the automotive V2X communication industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the automotive V2X communication companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Automotive V2X communication: Introduction
- Types of V2X technologies
- Types of connectivity medium for V2X communication
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY V2X TECHNOLOGIES
- Segmentation by V2X technologies
- Comparison by V2X technologies
- V2V – Market size and forecast 2017-2022
- V2I – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by V2X technologies
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Development in the form of V2X device certifications
- Strong competition among DSRC and C-V2X technologies
- Development in the form of V2X message analysis software suite
- Growing popularity of truck platooning system
PART 13: VENDOR LANDSCAPE
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- NXP Semiconductors
- Qualcomm Technologies
PART 15: APPENDIX
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get your FREE sample now!
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Did you know?
Did you know?
Did you know?
Want to customize this report?
This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.