Global Automotive Vehicle to Everything (V2X) Market: Intelligent Transport System Propelling Growth in Automobile Industry

Global Automotive Vehicle to Everything (V2X) market size will reach 6080 million US$ by 2025, from 860 million US$ in 2018, at a CAGR of 27.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Vehicle to Everything (V2X).

This industry study presents the global Automotive Vehicle to Everything (V2X) market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Vehicle to Everything (V2X) production, revenue and market share by manufacturers, key regions and type. The consumption of Automotive Vehicle to Everything (V2X) in volume terms are also provided for major regions such as United States, Europe, China, Japan, South Korea and Other Regions. This study also analyzes the Automotive Vehicle to Everything (V2X) market status, shares, growth opportunities, future trends, key drivers, challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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Top players in Automotive Vehicle to Everything (V2X) market covered in this report are:

Delphi (Aptiv), Continental AG, Denso, Cohda, Kapsch, Qualcomm, ETrans, Savari, Autotalks, Arada (Lear).

Automotive Vehicle to Everything (V2X) market splits by End Users like Road Safety Service, Automatic Parking System, Emergency Vehicles, Auto Car Service. Types of Automotive Vehicle to Everything are (V2X) are V2V, V2I, V2P.

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.

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The continuing push to improve safety while reducing the emissions and energy consumption resulting from transportation is driving the development of a number of crucial technologies, including electrification and automated driving systems. One of the key enabling systems for the success of both is the provision of real-time data to vehicles, drivers, and pedestrians through vehicle-to-external communications (V2X) using dedicated short-range communications (DSRC).

Global demand for new vehicles is projected to continue growing over the next decade, particularly in developing markets where dense urbanization is already causing problems with traffic congestion, accident rates, and air quality. Even before there is significant deployment of automated vehicles, V2X connectivity has the potential alleviate some of these issues. DSRC-based V2X systems are anticipated to be deployed by OEMs beginning in 2016 and see rapid expansion over the next decade. In addition to the embedded OEM systems on new vehicles, aftermarket retrofit systems and new smartphones with DSRC capability are expected to be adopted. According to QY Research, global revenue from sales of OEM and aftermarket V2X Communications is projected to reach more than $6 billion by 2025.

It is report that GM will be the first car maker to have a V2X system in a production vehicle, with their CTS Cadillac going into production at the end of 2016. Meanwhile in Europe, the Corridor Project will ensure that there is infrastructure in place for the early adopters. Deployment work is happening in parallel in the both the US and Europe, so it will be difficult to pinpoint exactly who deploys first – and even then there will only be months in it.

Major Points from Table of Contents

1 Study Coverage

2 Executive Summary

3 Breakdown Data by Manufacturers

4 Breakdown Data by Product

5 Breakdown Data by End User

6 North America

7 Europe

8 Asia Pacific

9 Central & South America

10 Middle East and Africa

11 Company Profiles

12 Future Forecast

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis

14 Value Chain and Sales Channels Analysis

15 Research Findings and Conclusion

16 Appendix

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