As part of Emergen Research's Global Vehicle-to-Everything (V2X) Market Research Report, key business details and extensive geographical spread of the Vehicle-to-Everything (V2X) industry have been analyzed. The current COVID-19 pandemic is expected to have an effect on the growth of the Vehicle-to-Everything (V2X) industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, Vehicle-to-Everything (V2X) will probably be one of the markets that have been impacted, along with other sectors. The sector's growth would be further hampered by the recession in the economy and the dynamic shifts in demand. The COVID-19 pandemic's effects on the entire Vehicle-to-Everything (V2X) industry are covered in the paper. In addition to a thorough qualitative and quantitative examination, the report also includes significant data regarding the Vehicle-to-Everything (V2X) market. Based on historical data from 2017 and 2018, a thorough projection is given till 2028. Profiles of both established and up-and-coming players are also provided, together with information on their business strategies, product portfolios, strategic alliances, and business expansion plans.
The global vehicle-to-everything (V2X) market is projected to reach a market size of USD 11.27 Billion by 2028 and register a robust CAGR during the forecast period, according to latest analysis by Emergen Research. Growing demand for vehicle-to-everything can be attributed to rising demand for autonomous cars and vehicles with more advanced safety features, especially in developed economies. Implementation of vehicle-to-everything communication increases drivers’ awareness about the surroundings and aids in facilitating autonomous driving. V2X assists in communicating information such as speed accuracy, brake pedal status, and heading. It also warns autonomous vehicles regarding nearby objects that are not directly visible (non-line-of-sight), which is a crucial feature for vehicle safety and for facilitating better decisions by autonomous cars.
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The report bifurcates the Vehicle-to-Everything (V2X) market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Key Companies Profiled in the Report are:
Continental AG, Infineon Technologies AG, Robert Bosch GmbH, NXP Semiconductors, Harman International, Delphi Technologies, Qualcomm Technologies Inc., DENSO Corporation, Autotalks Ltd., and STMicroelectronics
Regional Landscape section of the Vehicle-to-Everything (V2X) report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Vehicle-to-Everything (V2X) market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
Communication Type Outlook (Revenue, USD Million; 2018–2028)
- Vehicle-to-Vehicle (V2V)
- Vehicle-to-Pedestrian (V2P)
- Vehicle-to-Infrastructure (V2I)
- Vehicle-to-Cloud (V2C)
- Vehicle-to-Device (V2D)
- Vehicle-to-Grid (V2G)
- Others
Application Outlook (Revenue, USD Million; 2018–2028)
- Automated Driver Assistance
- Emergency Vehicle Notification
- Intelligent Traffic Systems
- Passenger Information System
- Fleet and Asset Management
- Parking Management System
- Others
Connectivity Outlook (Revenue, USD Million; 2018–2028)
- Dedicated Short Range Communication (DSRC)
- Cellular V2X
Research Report on the Vehicle-to-Everything (V2X) Market Addresses the Following Key Questions:
- Who are the dominant players of the Vehicle-to-Everything (V2X) market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Vehicle-to-Everything (V2X) market?
- What are the key growth drivers and restraining factors of the Vehicle-to-Everything (V2X) market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Vehicle-to-Everything (V2X) market and its key segments?
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