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May 08, 2020 Xherald -- The 'Automotive V2X market' report published by Market Study Report, LLC, enumerates information about the industry in terms of market share, market size, revenue forecasts, and regional outlook. The report further illustrates competitive insights of key players in the business vertical followed by an overview of their diverse portfolios and growth strategies.
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The worldwide automotive V2X market is anticipated to reach around USD 33,246 million by 2026 according to a new research. In 2017, the passenger vehicles segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global automotive V2X market.
In 2017, Asia-Pacific accounted for the highest share in the global automotive V2X market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations for vehicular and road safety accelerates the adoption of automotive V2X systems in the region. The rising need to efficiently manage traffic flow, and improve road safety has boosted the adoption of V2X technology. The economic growth in countries such as China and India, leading to rising living standards and high disposable income coupled with expansion of global players into these countries to tap market potential boosts the market growth.
The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the automotive V2X market growth. The adoption of automotive V2X systems has increased significantly owing to increasing road traffic, growing incidences of road accidents, and growing need to improve road safety. The increasing traffic congestion across the globe, growing environmental concerns, and rising demand for advanced vehicles further accelerate the adoption of automotive V2X systems in the coming years. Other factors driving the market growth include growing disposable income, technological advancements, and changing lifestyles. New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive V2X market in the coming years.
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The companies operating in this market include Delphi Automotive PLC, Robert Bosch GmbH, NXP Semiconductors, TomTom International B.V., Cisco Systems, Inc., Continental AG, Infineon Technologies, Harman International, Qualcomm, and Cohda Wireless. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of Contents
1.Overview and Scope1.1.Research goal & scope1.2.Research assumptions1.3.Research Methodology1.3.1.Primary data sources1.3.2.Secondary data sources1.4.Key take-away1.5.Stakeholders
2.Executive Summary2.1.Market Definition2.2.Market Segmentation3.Automotive V2X Market Insights3.1.Automotive V2X - Industry snapshot3.2.Automotive V2X - Ecosystem analysis3.3.Automotive V2X Market Dynamics3.3.1.Automotive V2X - Market Forces3.3.1.1.Automotive V2X Market Driver Analysis3.3.1.2.Automotive V2X Market Restraint/Challenges analysis3.3.1.3.Automotive V2X Market Opportunity Analysis3.4.Industry analysis - Porter's five force3.4.1.Bargaining power of supplier3.4.2.Bargaining power of buyer3.4.3.Threat of substitute3.4.4.Threat of new entrant3.4.5.Degree of competition3.5.Automotive V2X Market PEST Analysis, 20163.6.Automotive V2X Market Value Chain Analysis3.7.Automotive V2X Industry Trends3.8.Competitive Ranking Analysis4.Automotive V2X Market Size and Forecast by Communication Type, 2018-20264.1.Key Findings4.2.Vehicle-To-Vehicle4.3.Vehicle-To-Infrastructure4.4.Vehicle-To-Cloud4.5.Vehicle-To-Grid4.6.Vehicle-To-Pedestrian4.7.Vehicle-To-Device4.8.Others5.Automotive V2X Market Size and Forecast by Vehicle Type, 2018-2026
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