Report overview
Automotive electronics industry is in constant evolution, making the car always safer, greener and more enjoyable to drive.
Vehicle-to-X refers to an intelligent transport system where all vehicles and infrastructure systems are interconnected with each other.
This connectivity will provide more precise knowledge of the traffic situation across the entire road network which in turn will help: Optimize traffic flows, Reduce congestion, cut accident numbers, Minimize emissions.
V2X technology is based on 5.9GHz Dedicated Short Range Communication, a derivative of WiFi specifically defined for fast moving objects. It allows vehicles to communicate their state, such as their position and speed, to surrounding vehicles and infrastructures even in non-line-of-sight condition, such as behind a building or a curve.
V2X communications shouldn?t be confused with self-driving vehicles. The system has been designed to provide drivers with additional safety and convenience notifications that will be integrated with information from the many other on-board sensors. It?s still up to the driver, obviously, to drive the car. However, V2X is an enabling technology that one day will make even self-driving cars much safer by helping them see and react to invisible danger.
Driver awareness of potential dangers on its way, such as crash risk, unsafe overtake, vehicle braking ahead out of line sight, car in blind spot area or road hazard detection, will dramatically improve collision avoidance, and heavily reduce fatalities and injury severity. In addition, the technology will enhance traffic efficiency providing warnings for upcoming traffic congestions, proposing alternative routes and securing an eco-friendly driving, reducing CO2 emission through adaptive cruise control and a smarter transportation management.
Driven by those benefits and the determination to become an key player in this field, ST launched a cooperation with Autotalks for the co-development of a mass-market optimized V2X chipset. Recognized as the V2X chipset market pioneer, Autotalks is bringing in this cooperation their system expertise and know-how of the V2X technology. Leveraging on a robust joint design and ST?s Automotive Quality and Manufacturing machine, Autotalks will release to the market an unique V2X solution.
This report aims to provide a comprehensive presentation of the global market for Automotive Vehicle to Everything (V2X), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Vehicle to Everything (V2X). This report contains market size and forecasts of Automotive Vehicle to Everything (V2X) in global, including the following market information:
Global Automotive Vehicle to Everything (V2X) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Vehicle to Everything (V2X) market was valued at US$ 2396.2 million in 2022 and is projected to reach US$ 9698.5 million by 2029, at a CAGR of 22.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Major producers in the industry are Delphi(Aptiv), Continental AG, Denso, Cohda, Kapsch, Qualcomm, ETRANS, Savari, Autotalks and Arada (Lear), among others.
We surveyed the Automotive Vehicle to Everything (V2X) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Vehicle to Everything (V2X) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Vehicle to Everything (V2X) Market Segment Percentages, by Type, 2022 (%)
V2V
V2I
V2P
Global Automotive Vehicle to Everything (V2X) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Vehicle to Everything (V2X) Market Segment Percentages, by Application, 2022 (%)
Road Safety Service
Automatic Parking System
Emergency Vehicles
Auto Car Service
Global Automotive Vehicle to Everything (V2X) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Vehicle to Everything (V2X) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Vehicle to Everything (V2X) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Vehicle to Everything (V2X) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Delphi(Aptiv)
Continental AG
Denso
Cohda
Kapsch
Qualcomm
ETrans
Savari
Autotalks
Arada?Lear?
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Vehicle to Everything (V2X), market overview.
Chapter 2: Global Automotive Vehicle to Everything (V2X) market size in revenue.
Chapter 3: Detailed analysis of Automotive Vehicle to Everything (V2X) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Vehicle to Everything (V2X) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
