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Automotive Vehicle-to-Everything (V2X) Market Profile | Revenue, Gross Margin & Share | Forecast To 2028

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Rahul Sharma
Automotive Vehicle-to-Everything (V2X) Market Profile | Revenue, Gross Margin & Share | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Automotive Vehicle-to-Everything (V2X) Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

 

Pune, India: Oct. 28, 2019 - Automotive Vehicle-to-Everything (V2X) Market was USD 2.83 billion and it is expected to grow considering the feature like automobile safety and superior traffic management. The industry is moving towards sustainable growth. Vehicular communication system incorporates more specific type of communication such as V2I, V2V, V2P, V2D, and V2G. The convenience aspect of vehicles has increased due to safety features and communication technology. The consumer demands for safety has increased and it act as driver for this industry’s market growth.

Technological advancement has lead to driverless and automatic cars which is still under research stage and its commercialization is expected soon. Driverless transportability can be achieved with the help of V2X communication technologies. V2X is all about communicating with automobiles which will have potential threat like hacking and manipulation. Security feature thus become a important factor for growth of this market. This technology is based on WLAN and it works between vehicles within each other’s range. Key aspect for implementing these technologies will be a definite framework for its integration.

To Get Sample Report visit @ https://www.millioninsights.com/industry-reports/automotive-vehicle-to-everything-v2x-market/request-sample

Passenger car in this segment is predicted to dominate market as it did in 2015. Despite this the demand for commercial vehicle is high than passenger car. Boom in construction sector have increased commercial vehicle sale by approx. 6% from 2015 to 2016. Asia pacific has emerged a hub for automotive production.

The need for safety in Commercial vehicle is high due to more travel time that will drive the automotive V2X market. The growth rate will be 30% in this segment over the forecasted period.

Regional Insights

It is estimated that North America will have largest market share in automotive V2X market. Canada and U.S. in this region will adopt technology with ease due to its infrastructure and technological advancement. This region has approx. 26% of population of world running on road. High rate of greenhouse emission and traffic congestion are serious issues in this region. The implementation of V2X system will act as solution to these problems acting as important driver for growth of this market.

The automotive industry in Europe is governed by rigorous safety and emission norms. Features such as cruise control, blind spot detection and lane assist uses V2V communication and will enable growth of automotive V2X market in future.

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/automotive-vehicle-to-everything-v2x-market

Market Segment:

 

Automotive V2X Communication Type Outlook (Revenue, USD Million; 2014 - 2025)

  • Vehicle-To-Vehicle (V2V)
  • Vehicle-To-Infrastructure (V2I)
  • Vehicle-To-Pedestrian (V2P)
  • Vehicle-To-Home (V2H)
  • Vehicle-To-Grid (V2G)
  • Vehicle-To-Network (V2N)

 

Automotive V2X Connectivity Type outlook (Revenue, USD Million; 2014 - 2025)

  • DSRC
  • Cellular Connectivity & Others

 

Automotive V2X Vehicle Type outlook (Revenue, USD Million; 2014 - 2025)

  • Passenger Cars
  • Commercial vehicles

 

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

 

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

 

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Model Colony, Shivaji Nagar, Pune, MH, 411016 India

tel: 91-20-65300184

Email: [email protected]

Visit Our Blog: www.millioninsights.blogspot.com

 

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