Un nuovo studio di mercato, intitolato ” Automotive V2X Market Forecast 2021-2028 “, è stato pubblicato su Fortune Business Insights™.


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Panoramica di mercato-

Si prevede che la dimensione del mercato automobilistico globale V2X raggiungerà i  7.351,9 milioni di dollari  entro il 2028 da  628,9 milioni  di dollari nel 2021 e mostrerà un CAGR del  42,1%  durante il periodo di previsione. Automotive Vehicle-to-everything consente la comunicazione da veicolo a veicolo in tempo reale e consente ai veicoli di comunicare con l’ambiente circostante. Si prevede che la crescente domanda di veicoli autonomi e la crescente digitalizzazione dei veicoli alimenteranno la crescita del mercato. Fortune Business Insights™  ha presentato queste informazioni nel suo rapporto intitolato  “Automotive V2X Market, 2021-2028” . La dimensione del mercato si è attestata a  529,6 milioni  di dollari nel 2020.


La tecnologia Automotive V2X può rilevare i fattori che causano la congestione e aiutare i veicoli a mitigare la congestione sulla strada. La tecnologia può aiutare nella riduzione dei ritardi della catena di approvvigionamento rilevando i blocchi stradali. Ciò faciliterà un trasporto più efficiente e aumenterà i risparmi economici. È probabile che i risparmi economici dovuti alla tecnologia V2X accumuli una crescita per il mercato.


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Impatto COVID-19-

The global pandemic has significantly impacted the growth of several industries and markets. However, the demand for automotive V2X technology has augmented during the pandemic due to the need for autonomous vehicles to deliver supplies. The improved safety offered by autonomous vehicles augmented the demand for this technology and flourished the market growth. The investments in the future-mobility technologies made during the pandemic have supported the market’s growth. The market is anticipated to witness unprecedented growth in the coming years.

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Drivers & Restraints-

Increased Traffic Safety Benefits to Accumulate Growth for the Market

According to the report published by WHO in 2018 on road safety, more than 1.3 million fatalities occur every year due to vehicular traffic-related incidents. The V2X technology can help reduce these numbers as the technology can detect any potential threat and alert the driver accordingly. The increased traffic safety benefits through the employment of this technology are likely to boost the automotive V2X market growth.

Regional Insights-

Asia Pacific to Gain the Largest Share due to the Increasing Demand for Autonomous Vehicles

Asia Pacific is anticipated to hold the largest portion of the automotive V2X market share. China and Japan are projected to lead the technology development in Asia Pacific. The increasing demand for autonomous vehicles and the development of efficient V2X technology is anticipated to drive the market growth.

Europe is expected to exhibit stellar growth in the global market due to the increased research initiatives, collaborative testing, and industrial consortiums for V2X communication. The development of intelligent transport systems and the implementation of these systems is expected to fuel market growth.

North America is projected to witness robust growth in the upcoming years due to major automakers’ escalating deployment of the technology.

Competitive Landscape-

Key Players Partner Up to Deliver Smart Automotive Solutions & Garner Growth

The market is fairly competitive, and the key players in the market focus on the development of efficient V2X technology. To improve market positions and garner growth, the key players adopt ingenious growth strategies such as new product launches, technological developments, patents, partnerships, mergers, acquisitions, and others. Most recently, GM and Qualcomm Technologies extended their partnership in January 2021 to deliver automotive solutions to GM’s next-generation telematics systems, digital cockpits, and future advanced driver assistance systems.

Industry Developments-

  • November 2020: Subaru Corporation and Softbank Corp. successfully verified the world’s first on-site merging vehicle assistance that uses Cellular V2X and 5G.

Key Players in this Market are:

  • Denso Corporation (Aichi, Japan)
  • Aptiv (Dublin, Ireland)
  • Infineon Technologies AG (Neubiberg, Germany)
  • Continental AG (Hanover, Germany)
  • Qualcomm Technologies, Inc. (San Diego, U.S.)
  • Autotalks Ltd. (Kfar-Netter, Israel)
  • Cohda Wireless (Wayville, Australia)
  • Kapsch TrafficCom (Vienna, Austria)
  • Savari Inc. (California, Inc)
  • Lear Corporation (Michigan, U.S.)
  • LG Electronics (Seoul, South Korea)
  • Ford Motor Company (Michigan, U.S.)
  • Robert Bosch GmbH (Gerlingen, Germany)
  • NXP Semiconductors (Eindhoven, Netherlands)
  • Harman International (Connecticut, U.S.)


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Continued. . .

NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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