Automotive V2x Market
Automotive Vehicle-to-Everything (V2X) - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Automotive V2X market is accounted for $341.22 million in 2018 and is expected to reach $8060.79 million by 2027 growing at a CAGR of 42.1% during the forecast period. Some of the key factors propelling the market growth include growing demand for fully autonomous driving and safe vehicles, advancements in 5G technology, increased EV sales, government regulations to curb emissions, and need to reduce traffic congestion. However, latency/reliability challenges are restraining the market growth.
Automotive vehicle to everything (V2X) is a technology that helps increase road safety by means of advanced technological improvements in automotive electronics. V2X is based on the concept of intelligent transport system (ITS) and helps in efficient traffic management. This technology enables a vehicle to communicate with the neighbouring vehicles, any obstacles such as pedestrian, infrastructure, and even with a vehicle out of sight or any other elements in a traffic-congested area.
By propulsion, internal combustion engine (ICE) segment is projected to grow at the significant rate during the forecast period, due to the fact that V2X directly helps in improving fuel economy, which further helps reduce pollution. The pollution caused by transportation is a major issue faced across the globe. The optimization of traffic by application of the V2X would enable the reduction of fuel consumption. The number of ICE vehicles equipped with V2X is high, and more vehicles are expected to be launched during the forecast period. This would also drive the ICE V2X market.
On the basis of geography, the North American region is expected to have considerable market growth during the forecast period, due to the high sales of vehicles equipped with V2X, such as Cadillac CTS and Mercedes-Benz E-Class in the region, and technological advance countries such as U.S. and Canada which enables ease of technological adoption. The road safety organizations in the region have engaged in various activities to accelerate the innovation on automotive V2X landscape to improve transportation and road safety.
Some of the key players in automotive V2X market include Delphi Technologies, NXP Semiconductors, Qualcomm Technologies, Inc., Continental AG, Nokia, Robert Bosch GmbH, Autotalks LTD., BMW AG, Infineon Technologies AG, Denso Corporation, Mitsubishi Corporation, Stmicroelectronics, Harman International, Hyundai Motor Company, Cohda Wireless, Savari, Inc., Daimler AG, Audi AG, Huawei Technologies Co., LTD., and Tata Motors.
Communications Covered:
• Vehicle-to-Infrastructure (V2I)
• Vehicle-to-Pedestrian (V2P)
• Vehicle-to-Cloud (V2C)
• Vehicle-to Device (V2D)
• Vehicle-to-Vehicle (V2V)
• Vehicle-to-Grid (V2G)
• Vehicle-to-Motorist (V2M)
• Vehicle-to-Network (V2N)
• Vehicle-to-Home (V2H)
Offerings Covered:
• Software
• Hardware
• Services
Connectivities Covered:
• Dedicated Short-Range Communications (DSRC)
• Cellular-V2X (C-V2X)
• Other Connectivities
Propulsions Covered:
• Electric Vehicle (EV)
• Internal Combustion Engine (ICE)
Vehicle Types Covered:
• Commercial Vehicles
• Passenger Cars
Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)
Technologies Covered:
• Line of Sight
• Automated Driver Assistance
• Fleet & Asset Management
• Parking Management System
• Intelligent Traffic System (ITS)
• Emergency Vehicle Notification
• Passenger Information System
• Non-Line of Sight
• Backing
• Predictive Maintenance
• Remote Monitoring and Diagnostics
• Analytical Continuation
• Commuter Data System
• Auto Car Service
• Road Safety Service
Unit Types Covered:
• Roadside Unit (RSU)
• On-Board Unit (OBU)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive V2X Market, By Communication
5.1 Introduction
5.2 Vehicle-to-Infrastructure (V2I)
5.3 Vehicle-to-Pedestrian (V2P)
5.4 Vehicle-to-Cloud (V2C)
5.5 Vehicle-to Device (V2D)
5.6 Vehicle-to-Vehicle (V2V)
5.7 Vehicle-to-Grid (V2G)
5.8 Vehicle-to-Motorist (V2M)
5.9 Vehicle-to-Network (V2N)
5.10 Vehicle-to-Home(V2H)
6 Global Automotive V2X Market, By Offering
6.1 Introduction
6.2 Software
6.3 Hardware
6.3.1 Ethernet Port
6.3.2 CPU
6.3.3 GPS Antennas
6.3.4 GPS Module
6.3.5 Power Control System (PCS)
6.4 Services
7 Global Automotive V2X Market, By Connectivity
7.1 Introduction
7.2 Dedicated Short-Range Communications (DSRC)
7.3 Cellular-V2X (C-V2X)
7.4 Other Connectivities
7.4.1 Signal Processing Technologies
7.4.2 Channel Estimation and Measurement Technologies
7.4.3 Front-hauling and Back-hauling Technologies
8 Global Automotive V2X Market, By Propulsion
8.1 Introduction
8.2 Electric Vehicle (EV)
8.2.1 Plug-in Electric Vehicle (PEV)
8.2.2 Battery Electric Vehicle (BEV)
8.2.3 Hybrid Electric Vehicle (HEV)
8.3 Internal Combustion Engine (ICE)
9 Global Automotive V2X Market, By Vehicle Type
9.1 Introduction
9.2 Commercial Vehicles
9.3 Passenger Cars
10 Global Automotive V2X Market, By Sales Channel
10.1 Introduction
10.2 Aftermarket
10.3 Original Equipment Manufacturer (OEM)
11 Global Automotive V2X Market, By Technology
11.1 Introduction
11.2 Line of Sight
11.3 Automated Driver Assistance
11.4 Fleet & Asset Management
11.5 Parking Management System
11.6 Intelligent Traffic System (ITS)
11.7 Emergency Vehicle Notification
11.8 Passenger Information System
11.9 Non-Line of Sight
11.10 Backing
11.11 Predictive Maintenance
11.12 Remote Monitoring and Diagnostics
11.13 Analytical Continuation
11.14 Commuter Data System
11.15 Auto Car Service
11.16 Road Safety Service
12 Global Automotive V2X Market, By Unit Type
12.1 Introduction
12.2 Roadside Unit (RSU)
12.3 On-Board Unit (OBU)
13 Global Automotive V2X Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Delphi Technologies
15.2 NXP Semiconductors
15.3 Qualcomm Technologies, Inc.
15.4 Continental AG
15.5 Nokia
15.6 Robert Bosch GmbH
15.7 Autotalks LTD.
15.8 BMW AG
15.9 Infineon Technologies AG
15.10 Denso Corporation
15.11 Mitsubishi Corporation
15.12 Stmicroelectronics
15.13 Harman International
15.14 Hyundai Motor Company
15.15 Cohda Wireless
15.16 Savari, Inc.
15.17 Daimler AG
15.18 Audi AG
15.19 Huawei Technologies Co., LTD.
15.20 Tata Motors
List of Tables
1 Global Automotive V2X Market Outlook, By Region (2017-2027) ($MN)
2 Global Automotive V2X Market Outlook, By Communication (2017-2027) ($MN)
3 Global Automotive V2X Market Outlook, By Vehicle-to-Infrastructure (V2I) (2017-2027) ($MN)
4 Global Automotive V2X Market Outlook, By Vehicle-to-Pedestrian (V2P) (2017-2027) ($MN)
5 Global Automotive V2X Market Outlook, By Vehicle-to-Cloud (V2C) (2017-2027) ($MN)
6 Global Automotive V2X Market Outlook, By Vehicle-to Device (V2D) (2017-2027) ($MN)
7 Global Automotive V2X Market Outlook, By Vehicle-to-Vehicle (V2V) (2017-2027) ($MN)
8 Global Automotive V2X Market Outlook, By Vehicle-to-Grid (V2G) (2017-2027) ($MN)
9 Global Automotive V2X Market Outlook, By Vehicle-to-Motorist (V2M) (2017-2027) ($MN)
10 Global Automotive V2X Market Outlook, By Vehicle-to-Network(V2N) (2017-2027) ($MN)
11 Global Automotive V2X Market Outlook, By Vehicle-to-ome(V2H) (2017-2027) ($MN)
12 Global Automotive V2X Market Outlook, By Offering (2017-2027) ($MN)
13 Global Automotive V2X Market Outlook, By Software (2017-2027) ($MN)
14 Global Automotive V2X Market Outlook, By Hardware (2017-2027) ($MN)
15 Global Automotive V2X Market Outlook, By Ethernet Port (2017-2027) ($MN)
16 Global Automotive V2X Market Outlook, By CPU (2017-2027) ($MN)
17 Global Automotive V2X Market Outlook, By GPS Antennas (2017-2027) ($MN)
18 Global Automotive V2X Market Outlook, By GPS Module (2017-2027) ($MN)
19 Global Automotive V2X Market Outlook, By Power Control System (PCS) (2017-2027) ($MN)
20 Global Automotive V2X Market Outlook, By Services (2017-2027) ($MN)
21 Global Automotive V2X Market Outlook, By Connectivity (2017-2027) ($MN)
22 Global Automotive V2X Market Outlook, By Dedicated Short-Range Communications (DSRC) (2017-2027) ($MN)
23 Global Automotive V2X Market Outlook, By Cellular-V2X (C-V2X) (2017-2027) ($MN)
24 Global Automotive V2X Market Outlook, By Other Connectivities (2017-2027) ($MN)
25 Global Automotive V2X Market Outlook, By Signal Processing Technologies (2017-2027) ($MN)
26 Global Automotive V2X Market Outlook, By Channel Estimation and Measurement Technologies (2017-2027) ($MN)
27 Global Automotive V2X Market Outlook, By Front-hauling and Back-hauling Technologies (2017-2027) ($MN)
28 Global Automotive V2X Market Outlook, By Propulsion (2017-2027) ($MN)
29 Global Automotive V2X Market Outlook, By Electric Vehicle (EV) (2017-2027) ($MN)
30 Global Automotive V2X Market Outlook, By Plug-in Electric Vehicle (PEV) (2017-2027) ($MN)
31 Global Automotive V2X Market Outlook, By Battery Electric Vehicle (BEV) (2017-2027) ($MN)
32 Global Automotive V2X Market Outlook, By Hybrid Electric Vehicle (HEV) (2017-2027) ($MN)
33 Global Automotive V2X Market Outlook, By Internal Combustion Engine (ICE) (2017-2027) ($MN)
34 Global Automotive V2X Market Outlook, By Vehicle Type (2017-2027) ($MN)
35 Global Automotive V2X Market Outlook, By Commercial Vehicles (2017-2027) ($MN)
36 Global Automotive V2X Market Outlook, By Passenger Cars (2017-2027) ($MN)
37 Global Automotive V2X Market Outlook, By Sales Channel (2017-2027) ($MN)
38 Global Automotive V2X Market Outlook, By Aftermarket (2017-2027) ($MN)
39 Global Automotive V2X Market Outlook, By Original Equipment Manufacturer (OEM) (2017-2027) ($MN)
40 Global Automotive V2X Market Outlook, By Technology (2017-2027) ($MN)
41 Global Automotive V2X Market Outlook, By Line of Sight (2017-2027) ($MN)
42 Global Automotive V2X Market Outlook, By Automated Driver Assistance (2017-2027) ($MN)
43 Global Automotive V2X Market Outlook, By Fleet & Asset Management (2017-2027) ($MN)
44 Global Automotive V2X Market Outlook, By Parking Management System (2017-2027) ($MN)
45 Global Automotive V2X Market Outlook, By Intelligent Traffic System (ITS) (2017-2027) ($MN)
46 Global Automotive V2X Market Outlook, By Emergency Vehicle Notification (2017-2027) ($MN)
47 Global Automotive V2X Market Outlook, By Passenger Information System (2017-2027) ($MN)
48 Global Automotive V2X Market Outlook, By Non-Line of Sight (2017-2027) ($MN)
49 Global Automotive V2X Market Outlook, By Backing (2017-2027) ($MN)
50 Global Automotive V2X Market Outlook, By Predictive Maintenance (2017-2027) ($MN)
51 Global Automotive V2X Market Outlook, By Remote Monitoring and Diagnostics (2017-2027) ($MN)
52 Global Automotive V2X Market Outlook, By Analytical Continuation (2017-2027) ($MN)
53 Global Automotive V2X Market Outlook, By Commuter Data System (2017-2027) ($MN)
54 Global Automotive V2X Market Outlook, By Auto Car Service (2017-2027) ($MN)
55 Global Automotive V2X Market Outlook, By Road Safety Service (2017-2027) ($MN)
56 Global Automotive V2X Market Outlook, By Unit Type (2017-2027) ($MN)
57 Global Automotive V2X Market Outlook, By Roadside Unit (RSU) (2017-2027) ($MN)
58 Global Automotive V2X Market Outlook, By On-Board Unit (OBU) (2017-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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