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

Automotive V2X Market report published by Value Market Research, which studies the future outlook of the market.

It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the Automotive V2X include Qualcomm Technologies, Continental AG, Delphi Technologies, Infineon Technologies, Robert Bosch, Harman International, Denso Corporation, NXP Semiconductors, Denso Corporation, and STMicroelectronics..

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Automotive V2X Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automotive-v2x-vehicle-to-everything-market/download-sampleMarket SegmentationThe broad Automotive V2X has been sub-grouped into the Communication Type, Connectivity Type, Vehicle Type, End-User and Region.

The report studies these subsets with respect to the geographical segmentation.

The strategists can gain a detailed insight and devise appropriate strategies to target specific market.

Global Automotive V2X Market was valued US$5.79Mn.

Intelligent transport systemand efficient traffic system is main concept for development of V2X technology.

The rapid expansion of automotive sector across global level is anticipated to drive the automotive V2X market over the forecast period.

Moreover the commercial vehicle sector is growing significantly, according to OCIA, commercial vehicle sales increased over 6% from last few years, and expected to boost the market.

V2X technologies help in avoiding traffic-congestion and reduce fuel consumption and vehicular emissions.

New players are emerging in market and ready to invest in this region.

According to a recent report published by Allied Market Research, titled, “Automotive Acoustic Engineering Services Market by Offering, Software, Application, and Vehicle Type: Opportunity Analysis and Industry Forecast, 2020–2027,” the global automotive acoustic engineering services market was valued at $2.61 billion in 2019, and is projected to reach $4.80 billion by 2027, registering a CAGR of 7.8%.Browse Full Report with TOC @https://www.alliedmarketresearch.com/automotive-acoustic-engineering-services-market-A06527 Asia-Pacific dominates the market in terms of revenue, followed by Europe, North America, and LAMEA.

China dominated the global automotive acoustic engineering services market share in 2019; however, Japan is expected to grow at a significant rate during the forecast period, due to increase in production and sales of vehicles across the country.Acoustics in vehicles are used for noise cancellation from different components of vehicle.

A vehicle is equipped with several components such as engine, suspensions, and trims, which are designated to perform their specific tasks; hence they produce unbearable noise, which disturbs the inner environment of the vehicle as well as the vehicle surroundings.

Thus, to reduce this extra noise, automotive acoustic engineering services have been introduced to reduce the vehicle noise to a notable extent.Get sample report with Industry Insights @https://www.alliedmarketresearch.com/request-sample/6892Numerous types of acoustic testing methodologies have been introduced by the service providers, which led to the growth of the global market.

In addition, several types of software have been introduced to determine the noise arising from vehicular components, and depending on the observations, noise is reduced to a level at which it does not affect the passenger and passerby of the vehicle.By offering, the market is categorized into physical acoustic testing and virtual acoustic testing.

On the basis of observation, virtual acoustic testing is projected to be the largest segment in the global market, due to surge in adoption of virtual acoustic testing services by vehicle manufacturers.

The report "Automotive V2X Market by Connectivity (DSRC, and Cellular), Communication (V2V, V2I, V2P, V2G, V2C, and V2D), Vehicle (Passenger Car, and Commercial Vehicle), Propulsion (ICE and EV), Unit, Offering, Technology, and Region - Global Forecast to 2028", Automotive V2X Market is projected to grow at a CAGR of 44.2% to reach USD 12,859 million by 2028 from an estimated USD 689 million in 2020.The demand for safe and connected vehicles, increased EV sales, government regulations to curb emissions, and need to reduce traffic congestion are driving the overall automotive V2X market.

OEMs, in collaboration with automotive V2X players, have installed V2X in their models, which is expected to drive the growth of the automotive V2X market.Browse and in-depth TOC on “Automotive V2X Market"          136 - Tables50 - Figures182 - Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90013236OBU is expected to hold the largest share of automotive V2X market, by unitThe increase in sales of vehicles equipped with V2X is the key factor driving the OBU segment, as every vehicle will be equipped with OBUs for V2X communication.

OBUs are the main units used for all communications such as V2V, V2I, and V2P.ICE segment is estimated to be the fastest and largest automotive V2X market, by propulsionThe growth of the ICE segment is due to the fact that V2X directly helps in improving fuel economy, which further helps reduce pollution.

The pollution caused by transportation is a major issue faced across the globe.

In April 2019, Qualcomm Technologies partnered with Audi AG, Ericsson, SWARCO Traffic Systems GmbH, and the University of Kaiserslautern to demonstrate the world’s first cross-border C-V2X direct communication in San Diego, California.Browse Related Reports:Connected Car Market by Service (OTA Update, Navigation, Cybersecurity, Multimedia Streaming, Social Media, e-Call, Autopilot, Home Integration, & Others), Form, End Market (OE, Aftermarket), Network, Transponder, Hardware, and Region - Global Forecast to 2027Semi-Autonomous and Autonomous Vehicles Market by Level of Automation (Level 1, Level 2&3 & Autonomous Vehicles), ADAS Features, Components (AI, Radar, LIDAR, Camera, and Ultrasonic Sensor), Fuel Type (ICE, EV), and Region - Global Forecast to 2022 & 2030About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.

According to the latest research report published by Dhirtek Business Research, the global automotive v2x market report provides detailed information on the factors driving the growth of the automotive v2x market.

This pandemic is having an impact on various sectors of the economy.

It predicts that the global economy will suffer as a result of the loss of trillions of dollars.

To compete in a competitive market, the companies must identify product opportunities based on their strengths.

This study provides a platform for understanding the various exciting and rising prospects in the field of automotive v2x, and it will help every producer, distributor, or even user understand and succeed in this burgeoning industry.

Obtain a Sample Report and the Table of Content for the Automotive V2X Market Report:https://www.dhirtekbusinessresearch.com/market-report/Automotive-V2X-Market/request-for-sample-report Study Goals and Objectives of Global Automotive V2X Market The report provides information on the market impact of automotive v2x.

In 2017, the passenger vehicles segment dominated the global market, in terms of revenue.

The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the automotive V2X market growth.

The increasing traffic congestion across the globe, growing environmental concerns, and rising demand for advanced vehicles further accelerate the adoption of automotive V2X systems in the coming years.

New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive V2X market in the coming years.

The introduction of stringent government regulations for vehicular and road safety accelerates the adoption of automotive V2X systems in the region.

The economic growth in countries such as China and India, leading to rising living standards and high disposable income coupled with expansion of global players into these countries to tap market potential boosts the market growth.

In 2017, the passenger vehicles segment dominated the global market, in terms of revenue.

The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the automotive V2X market growth.

The increasing traffic congestion across the globe, growing environmental concerns, and rising demand for advanced vehicles further accelerate the adoption of automotive V2X systems in the coming years.

New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive V2X market in the coming years.

The introduction of stringent government regulations for vehicular and road safety accelerates the adoption of automotive V2X systems in the region.

The economic growth in countries such as China and India, leading to rising living standards and high disposable income coupled with expansion of global players into these countries to tap market potential boosts the market growth.

The automotive V2X market valued at $5.78 million and 19.6 thousand units in 2019, in terms of value and volume and is anticipated to grow at CAGRs of 265.87% and 268.49% respectively, during the forecast period, 2020-2025.

The Asia-Pacific and Japan region dominated the automotive V2X market in 2019, whereas the U.K. region is expected to showcase the highest growth rate during the forecast period.The increasing need for enhanced road safety, numerous initiatives from the government, participation of various automotive manufacturers and increasing vehicular congestion and pollution are expected to further bolster the growth of the automotive V2X market.“The automotive V2X market reflected excellent demand expansion from the light vehicles segment, with a growth rate of more than 269.55%, in terms of volume.

The cellular-V2X is expected to be in high demand with the emergence and commercialization of 5G infrastructures.

Companies such as Huawei Technologies Co., Ltd., and ZTE Corporation are leveraged by substantial government investments to deploy 5G in cities of China.Click Here to Get Sample Premium Report @ https://www.trendsmarketresearch.com/report/sample/13528 The report constitutes of an extensive study of the automotive V2X market.

The principal purpose of this market analysis is to examine the automotive V2X market outlook in terms of factors driving the market, restraints, trends, and opportunities, among others.The market analysis includes an in-depth examination of the key ecosystem players and key strategies and developments taking place in this market.

The light vehicles segment is expected to dominate the automotive V2X market throughout the forecast period in terms of volume and value.Purchase this Premium Market Research Report Now @ https://www.trendsmarketresearch.com/checkout/13528/Single Based on region, the automotive V2X market is segmented into Asia-Pacific & Japan, Europe, U.K., China, North America, and South America, and Middle East and Africa.