1 / 3

Automotive Vehicle-to-Everything (V2X) Market

According to the recent report from Global Market Insights Inc., the automotive vehicle-to-everything (V2X) market size is predicted to cross USD 25 billion by 2032.

David482
Download Presentation

Automotive Vehicle-to-Everything (V2X) Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Automotive Vehicle-to-Everything (V2X) Market Revenue Share, Growth Factors, Trends, Analysis & Forecast Till 2032 According to the recent report from Global Market Insights Inc., the automotive vehicle- to-everything (V2X) market size is predicted to cross USD 25 billion by 2032. The V2X market is experiencing rapid expansion, driven by several factors. First and foremost, the rise of connected vehicles has played a pivotal role. As more vehicles become equipped with advanced sensors, processors, and communication modules, the potential for seamless communication and coordination between vehicles increases exponentially. Additionally, the advent of 5G technology has opened up new possibilities for V2X communication, enabling faster and more reliable data transfer. This high-speed connectivity will enable real-time exchange of critical information, such as traffic conditions, road hazards, and emergency situations, leading to improved safety and efficiency on the roads. Get sample copy of this research report @ https://www.gminsights.com/request- sample/detail/5844 Furthermore, the growing interest among automakers and technology companies who are investing heavily in R&D to create advanced V2X solutions and communication protocols will contribute to industry expansion. Collaboration between automotive manufacturers, telecom providers, and infrastructure developers is crucial for the widespread adoption of V2X technology. The collective effort of these industry stakeholders is driving the innovation and standardization necessary to unlock the full potential of V2X technology. Need for seamless communication to drive software demand On the basis of components, the automotive vehicle-to-everything market is divided into hardware and software. The software segment will showcase significant growth over 2023-2032. With the rapid expansion of smart transportation systems, the integration of sophisticated software solutions has become pivotal for enabling seamless communication and data exchange between vehicles, infrastructure, pedestrians, and other entities. These software components encompass a range of applications such as advanced driver assistance systems (ADAS), traffic management systems, fleet management, and intelligent transportation systems (ITS). They play a vital role in enhancing vehicle safety, optimizing traffic flow, reducing congestion, and enabling efficient transportation networks. Integration of fleet vehicles to smart infrastructure to fuel industry share In terms of application, the market is divided into autonomous driving, fleet management, collision avoidance, intelligent transport systems, and parking management systems. Automotive V2X industry share from fleet management application will grow considerably through 2032. Fleet management leverages the capabilities of the V2X technology to enhance operational efficiency and safety. The technology allows fleet managers to monitor and track vehicles in real-time, enabling © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  2. them to optimize routing, reduce fuel consumption, and minimize idle time. With V2X communication, fleet vehicles can exchange information about traffic conditions, road hazards, and weather, enabling proactive decision-making and route adjustments. This technology also enables remote diagnostics and predictive maintenance, improving vehicle uptime and reducing maintenance costs. Advanced infrastructure development in North America Regionally, North America automotive vehicle-to-everything market will witness significant expansion during 2023 and 2032. The region boasts advanced automotive infrastructure, strong government support, and a favorable regulatory environment. The presence of key automotive manufacturers and technology companies also contributes to market expansion. North America is at the forefront of V2X technology development, with ongoing trials and deployments across the United States and Canada. The market growth is driven by the increasing emphasis on road safety, the demand for efficient traffic management systems, and the pursuit of autonomous driving. With robust investments and collaborations, North America is poised to play a leading role in shaping the future of the V2X market. Competitive landscape of the global market Some of the leading players in the global automotive vehicle-to-everything market are Motive Inc, Emfit Ltd., Garmin Ltd., Google LLC, Oura Health oy, Sleepace, Eight Sleep, Sleepme Inc., Sleep Number Corporation, Ultrahuman Healthcare Pvt Ltd, Whoop, Xiaomi Corporation, Withings, Tempur Pedic North America, LLC, Koninklijke Philips, N.V., and SLEEPON. Request for customization @ https://www.gminsights.com/roc/5844 Table of Contents (ToC) of the report: Chapter 1 Methodology & Scope 1.1 Market scope & definition 1.2 Base estimates & calculations 1.3 Forecast calculation 1.4 Data Sources 1.4.1 Primary 1.4.2 Secondary 1.4.2.1 Paid sources 1.4.2.2 Public sources © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  3. Chapter 2 Executive Summary 2.1 Automotive V2X market 360º synopsis, 2018 - 2032 2.2 Business trends 2.3 Regional trends 2.4 Connectivity type trends 2.5 Vehicle type trends 2.6 Communication type trends Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automotive-vehicle-to-everything- market About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: 1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email:sales@gminsights.com © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

More Related