Bharat Book Bureau Provides the Trending Market Research Report on “Global V2X Market for Automotive Forecast to 2025” under Industry & Mfg category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
Rising global demand for real-time traffic and incident alerts for increasing public safety to fuel the demand for V2X market
The global V2X market is projected to grow at a CAGR of 17.61% from 2017 to 2025, to reach a market size of USD 99.55 billion by 2025 from USD 27.19 billion in 2017. The major factors driving the growth of the market are the increase in government funds for better traffic management and the development of connected vehicles. On the other hand, lack of infrastructure and additional cost burden on consumers may hinder the growth of the V2X market.
V2V communication is estimated to show high growth potential
The market for V2V communication is estimated to grow at the highest CAGR during the forecast period. Government initiatives to commercialize V2V communication are expected to drive the V2V market in North America. In 2014, the National Highway Traffic Safety Administration (NHTSA) announced steps to enable V2V communication for light vehicles, which would help improve safety.
Request a free sample copy of V2X Market for Automation Report @ https://www.bharatbook.com/request-sample/997150
Better infrastructure and high income would drive the V2X market in North American region
North America is estimated to account for the largest share, by value and volume, of the V2X market in 2017. However, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period. The largest share of North America in the automotive V2X market can be attributed to factors such as a huge demand for automobiles because of better infrastructure and high income, favorable policies and regulations by the government, and the need for a better and effective transportation system.
The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The breakup of the primaries is as follows:
- By Company Type: Tier 1 – 45%, Tier 2 – 35%, OEM– 20%
- By Designation: C level – 35%, D level – 25%, Others – 40%
- By Region: North America – 40%, Europe – 30%, Asia Pacific – 25%, RoW – 5%
Major players profiled in the report are:
- Continental (Germany)
- Qualcomm (US)
- Delphi Automotive (UK)
- Infineon Technologies (Germany)
- Intel (US)
- NXP Semiconductors (Netherlands)
- TomTom (Netherlands)
- Harman International (US)
- Cohda Wireless (Australia)
- Autotalks (Israel)
- NVIDIA (US)
- Robert Bosch (Germany)
- Daimler (Germany)
- Audi (Germany)
To browse full research report with TOC, click the link below :
https://www.bharatbook.com/automotive-market-research-reports-997150/v2x-automotive-communication-connectivity-propulsion-technology-type-region-global-forecast.html
About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
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Rising global demand for real-time traffic and incident alerts for increasing public safety to fuel the demand for V2X market
The global V2X market is projected to grow at a CAGR of 17.61% from 2017 to 2025, to reach a market size of USD 99.55 billion by 2025 from USD 27.19 billion in 2017. The major factors driving the growth of the market are the increase in government funds for better traffic management and the development of connected vehicles. On the other hand, lack of infrastructure and additional cost burden on consumers may hinder the growth of the V2X market.
V2V communication is estimated to show high growth potential
The market for V2V communication is estimated to grow at the highest CAGR during the forecast period. Government initiatives to commercialize V2V communication are expected to drive the V2V market in North America. In 2014, the National Highway Traffic Safety Administration (NHTSA) announced steps to enable V2V communication for light vehicles, which would help improve safety.
Request a free sample copy of V2X Market for Automation Report @ https://www.bharatbook.com/request-sample/997150
Better infrastructure and high income would drive the V2X market in North American region
North America is estimated to account for the largest share, by value and volume, of the V2X market in 2017. However, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period. The largest share of North America in the automotive V2X market can be attributed to factors such as a huge demand for automobiles because of better infrastructure and high income, favorable policies and regulations by the government, and the need for a better and effective transportation system.
The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The breakup of the primaries is as follows:
- By Company Type: Tier 1 – 45%, Tier 2 – 35%, OEM– 20%
- By Designation: C level – 35%, D level – 25%, Others – 40%
- By Region: North America – 40%, Europe – 30%, Asia Pacific – 25%, RoW – 5%
Major players profiled in the report are:
- Continental (Germany)
- Qualcomm (US)
- Delphi Automotive (UK)
- Infineon Technologies (Germany)
- Intel (US)
- NXP Semiconductors (Netherlands)
- TomTom (Netherlands)
- Harman International (US)
- Cohda Wireless (Australia)
- Autotalks (Israel)
- NVIDIA (US)
- Robert Bosch (Germany)
- Daimler (Germany)
- Audi (Germany)
To browse full research report with TOC, click the link below :
https://www.bharatbook.com/automotive-market-research-reports-997150/v2x-automotive-communication-connectivity-propulsion-technology-type-region-global-forecast.html
About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
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