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Global Vehicle-to-Everything (V2X) Communication System Market: By Vehicle Type: Passenger Vehicle, Commercial Vehicle; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; EMR’s Key Indicators for Demand; EMR’s Key Indicators for Price; 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 2021-2026.

 

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.

 

Properties and Applications

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:

  • 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.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroborations
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraints
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Vehicle-to-Everything (V2X) Communication System Market Analysis
    6.1    Figure: Global Vehicle-to-Everything (V2X) Communication System Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Chart: Global Vehicle-to-Everything (V2X) Communication System Market Breakup by Vehicle Type
        6.2.1    Passenger Vehicle
        6.2.2    Commercial Vehicle
    6.3    Figure: Global Vehicle-to-Everything (V2X) Communication System Market Breakup by Vehicle Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Passenger Vehicle
        6.3.2    Commercial Vehicle
    6.4    Chart: Global Vehicle-to-Everything (V2X) Communication System Market Breakup by Region
        6.4.1    North America
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    United Kingdom
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Mexico
            6.4.4.3    Argentina
            6.4.4.4    Others
        6.4.5    Middle East & Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Figure: Global Vehicle-to-Everything (V2X) Communication System Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    North America
            6.5.1.1    United States of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    Germany
            6.5.2.2    United Kingdom
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Mexico
            6.5.4.3    Argentina
            6.5.4.4    Others
        6.5.5    Middle East & Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    EMR’s Key Indicators for Demand
10    EMR’s Key Indicators for Price
11    Competitive Landscape & Supplier Analysis

    11.1    Cisco Systems Inc. (NASDAQ; CSCO)
        11.1.1    Company Overview
        11.1.2    Financial Analysis 
    11.2    Continental AG (ETR: CON)
        11.2.1    Company Overview
        11.2.2    Financial Analysis 
    11.3    Delphi Technologies Plc (NYSE: DLPH)
        11.3.1    Company Overview
        11.3.2    Financial Analysis 
    11.4    Qualcomm Inc. (NASDAQ: QCOM)
        11.4.1    Company Overview
        11.4.2    Financial Analysis 
    11.5    Robert Bosch GmbH
        11.5.1    Company Overview
        11.5.2    Financial Analysis 
    11.6    Others
12    Industry Events and Developments

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 15.6% between 2021 and 2026.

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 2021-2026, 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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