Vehicle-to-Everything (V2X) Communications System Market Growth 2022-2027: Unraveling Demand, Size, and Ongoing Trends

Global Vehicle-to-Everything (V2X) Communications System Market Size, Share, & Growth Analysis: Forecast 2022-27

The Global Vehicle-to-Everything (V2X) Communications System Market size is projected to reach a CAGR of 36.85% during 2022-2027. The market study offers valuable statistics on the industry, delivering a holistic perspective on its present state & future outlook. It equips stakeholders with all the essential information required to make informed decisions and navigate the dynamic landscape of the sector.

Vehicle-to-Everything (V2X) Communications System Market Research Methodology

Our market research methodology is thoughtfully designed to furnish our clients with comprehensive and precise information concerning various industries and markets. This robust approach encompasses multiple stages, including data collection, primary interviews, macro-economic factor analysis, and regional-level data analysis.

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Growth Prospects Vehicle-to-Everything (V2X) Communications System industry:

Rising Focus of Government Institutions to Integrate V2X Technology to Aid Market Growth - The significant rise in industrialization, urbanization, and an increase in vehicle ownership rates across North America, Asia-Pacific, Europe, and the Middle East & Africa has notably increased accidents & emission rates. Moreover, a surge in the depletion of fossil fuel reserves and heightening prices of crude have raised concerns among the international government organizations to shift toward sustainable mobility solutions. This fueled the demand for electric and autonomous vehicles across the globe owing to their fuel efficiency & ability to minimize road accidents, owing to the deployment of advanced safety systems and sensors.

• In 2021, the Government of Korea announced the initiation of a C-ITS, a Cooperative Intelligent Transport System rollout in 44 cities & national expressways, which includes the integration of V2X technologies. With the release, the Korean government intends to complete the C-ITS deployment across the entire expressways network, covering a length of 4075 Km by 2025. 

These initiatives launched by the national and international government organizations would substantially support the demand for Vehicle-to-Everything (V2X) Communication systems in the forecast years.

Competitive Landscape: Vehicle-to-Everything (V2X) Communications System Market Report 2022-2027

In this section, we provide a thorough evaluation of the major Vehicle-to-Everything (V2X) Communications System companies, offering insights into their competitive profiles and comparisons. The report covers essential aspects such as market shares, financials, recent developments, revenue generation strategies, collaborations/partnerships, significant mergers and acquisitions in recent years, as well as emerging companies and their funding activities.

Top Listed Vehicle-to-Everything (V2X) Communications System Companies are:

• Autotalks Ltd.
• Continental AG
• HARMAN International
• Infineon Technologies AG
• NXP Semiconductors
• Qualcomm Technologies, Inc.
• Robert Bosch GmbH
• STMicroelectronics
• Cohda Wireless
• Lear Corporation
• The Kapsch Group
• LG Electronics
• Denso Corporation
• Huawei Corporation Co., Ltd.
• Neusoft Corporation
• Others

Vehicle-to-Everything (V2X) Communications System Industry Development:

• Infineon technologies, Inc. announced the launch of the SLS37 V2X hardware security module (HSM), which is a plug-and-play security solution for vehicle-to-everything communication (V2x). The new module is a highly secured & tamper-resistant microcontroller tailored to the security needs in V2X applications within telematics control units.

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Key Segments & Regions Derived: Vehicle-to-Everything (V2X) Communications System Market

The Vehicle-to-Everything (V2X) Communications System Market is characterized by significant fragmentation, with multiple segments spanning various geographical regions. These distinct sections offer valuable insights into the opportunities and challenges confronted by Vehicle-to-Everything (V2X) Communications System market players. They also shed light on the fluctuations in demand, supply, revenue generation, size, sales, profits, volume, and pricing, among other vital parameters that are highly beneficial for investors. Moreover, stakeholders can obtain a comprehensive overview of the external factors that influence the industry's growth trajectory over time.

By Vehicle Type

• Passenger
• Commercial

By Connectivity

• Dedicated Short Range Communication (DSRC)
• Cellular-V2X (C-V2X)

By Technology

• Vehicle-to-Vehicle
• Vehicle-to-Infrastructure
• Vehicle-to-Pedestrians (V2P)
• Others (Vehicle-to-Grid, Vehicle-to-Device, etc.)

By Demand Type

• OEMs
• Aftermarkets

By Vehicle Autonomy

• Autonomous
• Semi-Autonomous

By Component

• Hardware
• Software

Geographically, the Vehicle-to-Everything (V2X) Communications System Market extends across the following regions:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

In addition to our comprehensive research report on the Vehicle-to-Everything (V2X) Communications System Market, we offer customization options to cater to specific client requirements regarding a particular location, segment, or company. Feel free to visit our website and connect with our research analysts for exciting offers & personalized services.

Purchasing the Vehicle-to-Everything (V2X) Communications System Market Report offers several compelling reasons:

1. Business Strategy Development: The report provides valuable insights into the key trends that are influencing and propelling the growth of the Vehicle-to-Everything (V2X) Communications System market. By understanding these trends, stakeholders can formulate effective business strategies to capitalize on market opportunities.
2. Future Competition Analysis: With an insightful review of the key drivers and challenges in the Vehicle-to-Everything (V2X) Communications System market, the report helps stakeholders prepare for future competition. Understanding the market dynamics allows businesses to stay ahead of the curve and make informed decisions.
3. Sales and Marketing Optimization: The report aids in organizing sales and marketing efforts by pinpointing the best opportunities for the Vehicle-to-Everything (V2X) Communications System market in different regions and regions. This enables businesses to target their efforts towards areas with the highest growth potential.
4. Identifying Emerging Players: The report identifies strong upcoming players in the Vehicle-to-Everything (V2X) Communications System market, offering stakeholders the opportunity to forge partnerships or collaborations with these companies and stay at the forefront of innovation and market developments.

Key Questions Answered in the Vehicle-to-Everything (V2X) Communications System Market Research Report 2022-27

• What would be the Vehicle-to-Everything (V2X) Communications System Market growth rate over the forecast period?
• What are the major influencing factors shaping the Vehicle-to-Everything (V2X) Communications System Market growth?
• Which region is expected to capture the largest Vehicle-to-Everything (V2X) Communications System Market share in the next five years?
• Among the discussed segments in the Vehicle-to-Everything (V2X) Communications System Market, which ones show potential for prominent growth opportunities?
• Which company currently holds the highest Vehicle-to-Everything (V2X) Communications System Market share?

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