Reports
Global Vehicle-to-Everything (V2X) Communication System Market: By Vehicle Type: Passenger Vehicle, Commercial Vehicle; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand; Competitive Landscape; Industry Events and Developments
Global Vehicle-to-Everything (V2X) Communication System Market Outlook
The global vehicle-to-everything (V2X) communication system market is estimated to grow at a CAGR of almost 15.6% in the forecast period of 2023-2028.
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The global vehicle-to-everything (V2X) communication system industry is being driven by the growing demand for autonomous cab and parcel delivery fleets, coupled with the growing market for autonomous vehicles.
Market Segmentation
The global vehicle-to-everything (V2X) communication system market can be divided based on segments like vehicle types and regions.
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- Vehicle Type:
- Passenger Vehicle
- Commercial Vehicle
The EMR report looks into the regional vehicle-to-everything (V2X) communication system markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
With the growing popularity of self-driven cars, the vehicle-to-everything (V2X) communication system is emerging as a common feature in such vehicles. In autonomous vehicles, the V2X communication system is used as it can form a communication medium between vehicles and other vehicles, homes, networks, and grids, further enhancing the safety and driving experience for the consumer. With the advancement in technology and development in the field of vehicle-to-everything (V2X) communication system, the industry is witnessing an increased growth. Further, autonomous vehicles, being used as cabs and parcel delivery services, gathers massive data while on its route, which is analysed using V2X communication devices incorporated into these vehicles. Thus, the use of the V2X communication system is expected to increase in such devices over the forecast period to improve business efficiency and reduce labour cost.
The passenger vehicle segment, among other vehicle types, dominated the global vehicle-to-everything (V2X) communication system industry in 2020. Region-wise, North America accounted for the largest share in the industry in 2020 owing to the growing production of autonomous vehicles in the region.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global vehicle-to-everything (V2X) communication system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Cisco Systems Inc. (NASDAQ; CSCO)
- Continental AG
- Delphi Technologies Plc
- Qualcomm Inc.
- Robert Bosch GmbH
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Vehicle Type, Region |
| Breakup by Vehicle Type | Passenger Vehicle, Commercial Vehicle |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Cisco Systems Inc. (NASDAQ; CSCO), Continental AG (ETR: CON), Delphi Technologies Plc (NYSE: DLPH), Qualcomm Inc. (NASDAQ: QCOM), Robert Bosch GmbH, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Vehicle-to-Everything (V2X) Communication System Market Analysis
8.1 Key Industry Highlights
8.2 Global Vehicle-to-Everything (V2X) Communication System Historical Market (2018-2022)
8.3 Global Vehicle-to-Everything (V2X) Communication System Market Forecast (2023-2028)
8.4 Global Vehicle-to-Everything (V2X) Communication System Market by Vehicle Type
8.4.1 Passenger Vehicle
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Commercial Vehicle
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Vehicle-to-Everything (V2X) Communication System Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 NXP Semiconductors N.V.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Continental AG
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Autotalks Ltd.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Qualcomm Incorporated
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Robert Bosch GmbH
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Vehicle-to-Everything (V2X) Communication System Market: Key Industry Highlights, 2017 and 2021
2. Global Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
3. Global Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
4. Global Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Global Vehicle-to-Everything (V2X) Communication System Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 15.6% between 2023 and 2028.
The major drivers of the industry such as rising technological innovations in autonomous vehicles, the advent of AI technologies and 5G, and continued development and commercialization of cellular technologies which is driving market growth.
The key market trend guiding the growth of the industry include the rapid rise of AI and 5G and extensive R&D activities undertaken by key global players.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Europe accounting for the largest share in the market.
The two main vehicle types in the industry are passenger vehicle and commercial vehicles.
The major players in the industry are Cisco Systems Inc. (NASDAQ; CSCO), Continental AG (ETR: CON), Delphi Technologies Plc (NYSE: DLPH), Qualcomm Inc. (NASDAQ: QCOM), and Robert Bosch GmbH, among others.
Analyst Review
The global automotive V2X market is driven by the rising technological innovations in autonomous vehicles, the advent of AI technologies and 5G, and continued development and commercialisation of cellular technologies which is driving market growth. Aided by the extensive R&D activities undertaken by key global players, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 15.6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The two main vehicle types in the industry are passenger cars and commercial vehicles. The major regional markets for automotive V2X are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above market include Cisco Systems Inc. (NASDAQ; CSCO), Continental AG (ETR: CON), Delphi Technologies Plc (NYSE: DLPH), Qualcomm Inc. (NASDAQ: QCOM), and Robert Bosch GmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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