Global V2X in Automotive Market Report 2021-2026 Featuring Major Players, Robert Bosch, Continental, NXP Semiconductors, Infineon Technologies AG, & DENSO
Thursday, October 21, 2021
DUBLIN, Oct. 13, 2021 /PRNewswire/ -- The "Global V2X in Automotive Market, By Communication Type (V2C, V2G, V2P, V2I, V2V, V2D), By Connectivity Type (DSRC Connectivity and Cellular Connectivity), By Offering Type, By Technology Type, By Propulsion Type, By Region, Competition Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
The Global V2X in Automotive Market was valued USD 881.62 Million in 2020 and is predicted to grow at CAGR of around 15.82%, in value terms, over the next five years, on the back of rapid increase in urbanization and industrialization across the globe.
V2X stands for Vehicle-to-Everything (V2X) technology which enables the automotive vehicle to interact virtually with everything moving in surrounding environment. It is a vehicular communication approach that supports the transmission of information from a vehicle to its surrounding traffic that can affect the movement of the vehicle.
The goal behind installing a Vehicle-to-Everything technology in a vehicle is to improve road safety, energy reduction, and to increase traffic efficiency on the roads. The V2X-based Intelligent Transport System (ITS) has been developed, which is considered as the key enabling technology to improve road safety, traffic competence and driving experience.
The growth of the Global V2X in Automotive Market is propelled by the ongoing development and commercialization of cellular technologies and related infrastructure. These include systems such as 5G, LTE, and radio access technology (RAT), which reinforce smart transportation applications such as collision warning & avoidance, lane keeping assistance, and obstacle detection.
The Global V2X in Automotive Market is segmented based on communication type, connectivity type, offering type, technology type, propulsion type, company and region. Majority of Vehicle-to-Everything (V2X) demands come from Asia Pacific region, hence organizing them as leaders of the mainstream market in 2020. Vehicle-to-Everything (V2X) technology demand is briskly growing in North America, but the dominance of Asia-Pacific in the Global V2X in Automotive Market is anticipated to continue in the forecast period.
The lockdown imposed to contain the spread of virus has disrupted the supply chain for the automotive industry, negatively influencing the V2X market. As different vehicle parts are manufactured and assembled in different regions, the lockdown and international trade restrictions due to closed borders, increased the shortage of required vehicle parts and limited the supply.
Moreover, companies adopted just-in-time production strategy due to tight budget which further makes the supply chain vulnerable to disruptions. Global auto production is strongly dependent on China and therefore lockdown in China has resulted in supply shortages for assembly of all OEMs in North America, Europe, and Asia.
Nevertheless, the market is showing positive signs of recovery, because of which the Global V2X in Automotive Market is expected to recover from the Covid-19 impact in around 3 years.
Some of the major players operating in the Global V2X in Automotive Market are Robert Bosch GmbH, Continental AG, NXP Semiconductors N.V., Infineon Technologies AG, DENSO Corporation.
Apart from these companies, other companies like Qualcomm Technologies, Inc., HARMAN International, etc. are also increasing their marketing activities and enriching their product portfolios to increase their customer outreach.
Objective of the Study:
-- To analyse the historical growth in the market size of the Global V2X in
Automotive Market from 2016 to 2020.
-- To estimate and forecast the market size of the Global V2X in Automotive
Market in terms of value as well as volume from 2021 to 2026 and growth
rate until 2026.
-- To assess the demand-supply scenario of the Global V2X in Automotive
Market which covers their production, demand, supply, and net inventory
status globally.
-- To classify and forecast the Global V2X in Automotive Market based on
communication type, connectivity type, offering type, technology type,
propulsion type, company, and regional distribution.
-- To identify drivers and challenges for the Global V2X in Automotive
Market.
-- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in the Global V2X in Automotive
Market.
-- To conduct the pricing analysis for the Global V2X in Automotive Market.
-- To identify and analyze the profile of leading players involved in the
manufacturing of the Global V2X in Automotive Market.
Report Scope:
Years considered for this report:
-- Historical Years: 2016-2019
-- Base Year: 2020
-- Estimated Year: 2021
-- Forecast Period: 2022-2026
Global V2X in Automotive Market, By Communication Type:
-- V2C
-- V2G
-- V2P
-- V2I
-- V2V
-- V2D
Global V2X in Automotive Market, By Connectivity Type:
-- DSRC Connectivity
-- Cellular Connectivity
Global V2X in Automotive Market, By Offering Type:
-- Hardware
-- Software
Global V2X in Automotive Market, By Technology Type:
-- Emergency Vehicle Notification
-- Automated Driver Assistance
-- Passenger Information System
-- Line of Sight
Global V2X in Automotive Market, By Propulsion Type:
-- ICE Vehicles
-- Electric Vehicles
Global V2X in Automotive Market, By Region:
-- Asia-Pacific
-- Europe
-- North America
-- South America
-- Middle East & Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global V2X in Automotive Market.
-- HARMAN International (Samsung Electronics Co. Ltd.)
-- Qualcomm Technologies, Inc.
-- DENSO Corporation
-- Autotalks Ltd.
-- Continental AG
-- NXP Semiconductors N.V.
-- Robert Bosch GmbH
-- Cohda Wireless Pty Ltd
-- Infineon Technologies AG
-- BorgWarner Inc.
For more information about this report visit https://www.researchandmarkets.com/r/4dgu03
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/global-v2x-in-automotive-market-report-2021-2026-featuring-major-players-robert-bosch-continental-nxp-semiconductors-infineon-technologies-ag--denso-301399548.html
SOURCE Research and Markets
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
|
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
|
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
|
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
|
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
|
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
|
Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026
|
|
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
|
AGS Devices Goes Live With CELUS Design Platform to Support Faster Electronics Design | Jan 22, 2026
|
|
1inch Named Exclusive Swap Provider at Launch for Ledger Multisig | Jan 22, 2026
|
|
|
