Automotive V2X Market 2019 Size, Growth, Merger, Share, Competitive Analysis, Trends, Key Players, Regional, And Global Industry Forecast To 2023

Automotive V2X market to surge at 35% CAGR and reach remarkable value by 2023, according to Global V2X Market Analysis Report published by Market Research Future.Global V2X Industry Report analyzes Market for V2X Communication, Component, Propulsion and Region with Forecast to 2023.

Pune, India - July 8, 2019 /MarketersMedia/ —

Automotive Vehicle-to-Everything (V2X) market to surge at 35% CAGR and reach remarkable value by 2023, according to Global Automotive V2X Market Analysis Report published by Market Research Future. Automotive Vehicle-to-everything (V2X) communication is defined as a procedure where information is passed from a vehicle to any application that can affect the vehicle, and vice versa. Global Automotive V2X Industry Report analyzes Market for Automotive V2X Communication Type (V2C, V2D, V2G, V2P, V2V and V2I), Component Type (Hardware and Software), Propulsion Type (ICE and EV) and Region with Forecast to 2023.

Major Automotive V2X Companies covered in the market report include Continental (Germany), Delphi Automotive (UK), NXP Semiconductors (Netherlands), Qualcomm (USA), and Robert Bosch (Germany).

Get Free Sample “Automotive V2X Market Research Report – Global Forecast till 2023” report at: https://www.marketresearchfuture.com/sample_request/5513

Global Market Highlights:

Market Research Future (MRFR) has published a research report about the global Automotive V2X market that is predicting growth for this market during the forecast period between 2016 and 2023.

The most important factor driving growth for the global heavy construction market is the advent of advanced technology in vehicles in the form of cutting-edge driver assistance systems. The second factor contributing to the market growth is rapidly rising safety concerns among individuals and increased emphasis by the insurance companies. The third factor aiding the market growth is increasing demand for vehicles and the subsequently increasing production. Other factors associated with the market growth include rapidly developing infrastructure around the world, increasing demand for real-time traffic data, development of connected vehicles, and government initiatives and policies to encourage major automotive manufacturers to push for technological development.

Automotive V2X Industry Segments:

The global Automotive V2X market segmentation covers communication type, component type, and propulsion type. Based on communication type, this market has been segmented into vehicle-to-cloud (V2C), vehicle-to-device (V2D), vehicle-to-grid (V2G), vehicle-to-pedestrian (V2P), vehicle-to-vehicle (V2V), and vehicle-to-infrastructure (V2I).

By component type, the market has been segmented into hardware and software. Hardware segment includes the physical body of computer like monitor, central processing unit (CPU), keyboard, mouse, etc. However, software’s segment deals with are programs installed inside the computer that helps users to perform a task.

By propulsion type, the market has been segmented into internal combustion engine (ICE) and electric vehicle (EV). ICE vehicle runs on fuel-based combustion whereas EV runs battery charged by electricity.

Regional Analysis:

Asia Pacific region is the largest regional market due to improving infrastructure in this region and enhancement of living standards. Other factors supporting the market growth in this region include the availability of cheap labor in countries like China and India, high density of population, increasing incidence of vehicle electrification, rapidly growing automotive infrastructure, and the scope of the rapid development of the automotive sector. Japan and South Korea are two other important country-specific markets in this region. Other countries of the Asia Pacific region also form a sizable market.

North America and Europe are two other leading regional markets as Europe has established automotive industry and North America has revamped automotive industry. Other key factors for market growth in both regions are the existence of major manufacturers in this region, massive investment in research & development (R&D), and subsequent development of new technology by the manufacturers in these regions. Maximum market revenue in North America comes from the USA and Canada. In Europe, the same comes from France, Germany, Italy, Spain, and the UK. Other countries of Europe also form a significant market.

In the MEA region, the Middle East market is bigger and better than the African market as the Middle East has more prosperity than Africa. The automotive industry in South America and the Middle East is nascent. During the forecast period, the market is expected to experience a steady surge. In the future, the markets in these regions can be lucrative as many automotive manufacturers investing to capitalize on the enough demand in these regions.

Latest Industry News:

Samsung Electronics subsidiary Harman International has developed a Dual-Mode Automotive V2X system that enables automakers to use over-the-air commands to select the standard that will be implemented on each vehicle. This Automotive V2X system features hardware and software that can operate with Harman’s telematics control units (TCUs). It can also operate as a standalone unit for vehicles utilizing separate TCUs. 17 JUNE 2019

At the 5G Automotive Association (5GAA) hosted in Berlin, an interoperability demo of cellular-data-enabled connected vehicle (C-Automotive V2X) applications was presented. 5GAA members included BMW Group, Daimler, Deutsche Telekom, Ford, Huawei, Jaguar Land Rover, Nokia, Qualcomm, Vodafone, and Fraunhofer Institutes FOKUS & ESK, demonstrated C-Automotive V2X V2V, V2I, and V2N applications. 24 MAY 2019

TABLE OF CONTENTS:

1 Introduction

1.1 Definition

1.2 Scope Of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Propulsionology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter’s Five Forces Model

4.1.1 Bargaining Power Of Suppliers

4.1.2 Bargaining Power Of Customer

4.1.3 Intensity Of Competitor’s

4.1.4 Threat Of New Entrants

5 V2X, By Communication Type

5.1 Introduction

5.1.1 V2C

5.1.2 V2D

5.1.3 V2G

5.1.4 V2P

5.1.5 V2V

5.1.6 V2I

6 V2X, By Component Type

6.1 Introduction

6.1.1 Hardware

6.1.2 Software

7 V2X, By Propulsion Type

Continued…

LIST OF TABLES:

Table 1 Global Automotive V2X Market: By Region, 2018-2023

Table 2 North America Automotive V2X Market: By Country, 2018-2023

Table 3 Europe Automotive V2X Market: By Country, 2018-2023

Table 4 Asia-Pacific Automotive V2X Market: By Country, 2018-2023

Table 5 RoW Automotive V2X Market: By Country, 2018-2023

Continued…

LIST OF FIGURES:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down & Bottom-Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued…

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