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Automotive V2X Market Anticipated to Reach $10.55 Billion by 2025, Reports BIS Research

According to a new market intelligence report by BIS Research titled “ Global Automotive V2X Market - Analysis and Forecast, 2019-2025”, the global automotive V2X market is expected to reach $10,554.1 million by 2025. The market is projected to grow at a high CAGR of 265.87% during the during forecast period.

The comprehensive study of global Automotive V2X Market from BIS Research extensively covers the following:

  •  Market numbers on micro-segments that are influencing the market
  •  Pricing Analysis of automotive V2X
  •  Competitive benchmarking of the key players offering automotive V2X
  •  Market Analysis of 7 Regions (North America, Europe, U.K., Asia-Pacific Japan (APJ), China, South America, and MEA)
  •  15 company profiles
  •  Detailed global and regional qualitative and quantitative analysis of automotive V2X market
  •  Study of data of more than 40 companies

View BIS Report:

The automotive V2X market has been segmented on the basis of application type, product type, and region, which is further segment into countries. The everlasting benefits ofV2X technology has led the automotive OEMs partnered with tier-one manufacturers, network providers, and various government entities, among others, to carry out the trials of V2X in different regions, globally. Additionally, huge investments for infrastructure development by government and federal agencies to aid V2X technology are further bolstering the growth of automotive V2X market. However, certain challenges, lack of proper infrastructure, latency issues and concerns over user data, among others, are still major road blocks for the V2X technology.

This report is a diligent compilation of research on more than 100 players in the automotive V2X market. It draws upon the insights from in-depth interviews with the key opinion leaders of more than 50 leading companies, market experts, and vendors. The report also profiles 15 key players involved in the automotive V2X market.

The companies profiled in the report are AutoTalks Ltd, Cohda Wireless, Continental AG, Denso Corporation, HaaS Alert, HARMAN International, Huawei Technologies Co., Ltd., Lear Corporation, Neusoft Corporation, NXP Semiconductors, Qualcomm Technologies, Inc., Robert Bosch GmbH, Rohde & Schwarz, Savari, Inc., and Infineon.

Who should buy this report?

  • Automotive Manufacturers such as BMW and General Motors
  • Tier-1 Automotive OEMs such as Denso and Continental
  • 5G providers such as Ericsson and Huawei
  • V2X chipset provider such as Autotalks and Cohda Wireless
  • Government bodies
  • Regulatory bodies such as institutes, rule makers, etc.

How the report can add value?

How market intelligence on automotive V2X can add value to an organization’s decision making process?

The report will provide a holistic view of the overall market by proper via comprehensive research of the trends, market dynamics and scenario, which will help the reader to properly grasp the essence of the market. For instance, the report will help a company to identity the potential components that can be ventured into for proper investment. Additionally, the company will help the V2X chipset providers to identify the competitiveness of the market via comprehensive competitive benchmarking.

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The automotive V2X market by application is segmented into light vehicles and heavy vehicles. The light vehiclesV2X segment dominates the global automotive V2X market and is anticipated to be the largest growing segment, owing to the increase in number of connected cars in the U.S., China, Germany, and U.K, among others.

Insightful Questions Covered to Enable Companies take Strategic Decisions

  •  What will be the impact of V2X communication on the automotive industry?
  •  What are the key factors promoting V2X connectivity across different regions?
  •  What is the penetration of C-V2X and DSRC across different regions?
  •  What is the penetration of V2X in light vehicles and heavy vehicles?
  •  What are the roles and initiatives from governments, associations and consortium bolstering the V2X communication?
  •  What is the competitive positioning of various market leaders in the automotive V2X market?
  •  What are the key offerings of the prominent companies in the market?
  •  What regions and countries led the automotive V2X market in 2019, and which among those are expected to witness the highest demand growth during the forecast period 2020-2025?
  • What are the key drivers, challenges, and opportunities for automotive V2X market players?

Impact of COVID-19 on Automotive V2X Market

The impact of COVID-19 on the automotive manufacturing industry and the semiconductor industry is expected to adversely affect the automotive V2X market. The reduced global vehicle sales and shutting down of production facilities have been seriously affecting the supply chains. The semiconductor industry is facing the shortage of materials, components, and finished goods, which is in turn impacting the suppliers. However, to fight the COVID-19 pandemic, OEMs, and suppliers, across the world, are reconfiguring their plant capabilities to produce medical equipment and personal protection equipment (PPE). For instance, in the U.S., Ford and GM are currently manufacturing ventilators and PPE surgical gear in partnership. Additionally, Ford has planned to produce 50,000 ventilators in 100 days.

BIS Research Related Market Studies:

Global Automotive Cybersecurity Market

Global Off-Highway Vehicle Telematics Market

About Bisresearch

BIS Research (Business Intelligence and Strategy Research) is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

BIS Research is a global market intelligence, research and advisory company which focuses on those emerging trends in technology which are likely to disrupt the dynamics of the market over the next five (or ten) years.

Contact info

Contact: Bhavya Banga Email: 

BIS Research Inc. 39111 PASEO PADRE PKWY STE 313, FREMONT CA 94538-1686 

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on January 24 at 11:56

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