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Vehicle-to-Everything (V2X) Communication System Market

Global Vehicle-to-Everything (V2X) Communication System Market: By Vehicle Type: Passenger Vehicle, Commercial Vehicle; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

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 2024-2032.

 

Global Vehicle-to-Everything (V2X) Communication System Market

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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.

 

Global Vehicle-to-Everything (V2X) Communication System Market By Vehicle Type

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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.

 

Global Vehicle-to-Everything (V2X) Communication System Market By Region

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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:

  • NXP Semiconductors N.V.
  • Continental AG 
  • Autotalks Ltd.
  • 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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • NXP Semiconductors N.V.
  • Continental AG 
  • Autotalks Ltd.
  • Qualcomm Inc. 
  • 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    Opportunities and Challenges in the Market
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 (2018-2023) 
    8.3    Global Vehicle-to-Everything (V2X) Communication System Market Forecast (2024-2032)
    8.4    Global Vehicle-to-Everything (V2X) Communication System Market by Vehicle Type
        8.4.1    Passenger Vehicle
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Commercial Vehicle
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)   
    8.5    Global Vehicle-to-Everything (V2X) Communication System Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
              8.5.4.1    Historical Trend (2018-2023) 
              8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
9    North America Vehicle-to-Everything (V2X) Communication System Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Vehicle-to-Everything (V2X) Communication System Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Vehicle- to-Everything (V2X) Communication System Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Vehicle-to-Everything (V2X) Communication System Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and  Africa  Vehicle-to-Everything (V2X) Communication System Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    NXP Semiconductors N.V.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Continental AG
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Autotalks Ltd.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Qualcomm Incorporated
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Robert Bosch GmbH
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Vehicle-to-Everything (V2X) Communication System Market: Key Industry Highlights, 2018 and 2032
2.    Global Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
3.    Global Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
4.    Global Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Region (USD Million), 2018-2023
5.    Global Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Region (USD Million), 2024-2032
6.    North America Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2023
7.    North America Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2024-2032
8.    Europe Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2023
9.    Europe Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Asia Pacific Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Asia Pacific Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Latin America Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Latin America Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Middle East and Africa Vehicle-to-Everything (V2X) Communication System Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Middle East and Africa Vehicle-to-Everything (V2X) Communication System Market Forecast: Breakup by Country (USD Million), 2024-2032
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 2024 and 2032.

The major drivers of the market are increasing technological innovations in autonomous vehicles and rising development and commercialisation of cellular technologies.

The key trends guiding the growth of the market include the rapid rise of AI and 5G and extensive research and development activities undertaken by key global players.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The two main vehicle types in the market are passenger vehicle and commercial vehicle.

The major players in the global vehicle-to-everything (V2X) communication system market are NXP Semiconductors N.V., Continental AG, Autotalks Ltd., Qualcomm Inc., 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 2024-2032, 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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