Automotive Vehicle-to-Everything (V2X) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Global Automotive Vehicle to Everything (V2X) Market is valued at 1431.9 million USD in 2020 is expected to reach 8067.1 million USD by the end of 2027, growing at a CAGR of 27% During 2021-2027.

Vehicle-to-everything (V2X) is a communication technology that allows vehicles to communicate with other vehicles, road users, and infrastructure. The main purpose of V2X technology is to improve road safety, energy-saving, and road traffic efficiency. The main components of V2X include vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I), vehicle-to-pedestal (V2P), vehicle-to-grid (V2G), and vehicle-to-cloud (V2C). and vehicle-to-device (V2D) communication systems. The automotive industry is evolving in the face of technology, enabling cars to interact with infrastructures such as traffic signals, pedestrian communication devices, and other digital devices. These technological advances have forced automakers to integrate automotive V2X solutions that will provide customers with improved safety, utility, and convenience.

Market Segments

By Communication

• Vehicle-to-vehicle (V2V)
• Vehicle-to-infrastructure (V2I)
• Vehicle-to-pedestrian (V2P)
• Vehicle-to-grid (V2G)
• Vehicle-to-cloud (V2C)
• Vehicle-to device (V2D) 

By Connectivity

• Dedicated Short-range Communication (DSRC)
• Cellular-V2X (C-V2X) Communication

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

Key Players

Major players of the automotive V2X market are Continental AG, Qualcomm Inc., Robert Bosch GmbH, NXP Semiconductors N.V., Tomtom N.V., Cisco Systems Inc., and Infineon Technologies AG, among others.

Scope of the Report

The research study analyzes the global Automotive Vehicle-to-Everything (V2X) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Vehicle-to-Everything (V2X) Market Report

1. What was the Automotive Vehicle-to-Everything (V2X) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Automotive Vehicle-to-Everything (V2X) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Vehicle-to-Everything (V2X) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.