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Automotive Vehicle-to-Everything (V2X) Market To Reach USD 110.3 Billion By 2026
Market Summary Growing economy, rising disposable income, and increasing rate of urbanization and industrialization are the major factor influencing market growth. Market Size – USD 38.2 Billion in 2018, Market Growth - CAGR of 12.9%, Market Trends – Increasing rate of traffic congestion and incidents.
Our Approach Our Approach Market Summary The global Automotive Vehicle-to-Everything (V2X) market is expected to reach USD 110.3 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the increasing need for real- time traffic and incident alerts for public safety, governments initiatives regarding traffic management, due to increasing environmental concerns, intense competition in the car manufacturing market, need for lower fuel wastage, safer roads, and reduced traffic congestion and rise in the use of electronics in vehicles due to digitalization and connected mobility across the automotive industry The vehicle-to-everything (V2X) communication is the exchange of information from a vehicle to any entity affecting the vehicle, and vice versa. It is the way of communication between entities that incorporates other specific types of communication such as V2N (vehicle-to-network), V2I (vehicle-to-infrastructure), V2P (vehicle- to-pedestrian), V2V (vehicle-to-vehicle), V2D (vehicle-to-device) and V2G (vehicle-to-grid). Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1281
Our Approach Our Approach Market Summary Further key findings from the report suggest • The passenger vehicle type is going to have the highest growth in the coming years, and commercial vehicles will continue dominating the market for the next few years. • V2X technology allows passenger and commercial vehicles communicate with each other, making driving safer and efficient for everyone. V2X warns the driver of road hazards, reducing the traffic fatalities and injuries along with the understanding and optimization of traffic flow, reducing the traffic congestion, and the transportation impacts on the environment. • Automated driver assistance is supposed to be the most demanding applications of the devices during the forecast period, due to the features such as obstacle detection, intersection collision warning, lane departure warning, lane change assistance, road departure warning, rollover warning, rear impact warning, forward collision warning, and safety margin for assistance vehicles, safeguarding the lives of the people on-car and the pedestrians. • The growth of electric vehicles is expected to witness the highest growth during the forecast period, due to the adoption of the technology by many vehicle manufacturers. To identify the key trends in the industry, click on the link below@ https://www.reportsanddata.com/report-detail/automotive-vehicle-to-everything-v2x-market
Our Approach Our Approach Market Summary Key participants : Continental AG, Aptiv, Qualcomm Inc., Infineon Technologies AG, Arada Systems Inc, Cohda Wireless Pty, Kapsch TrafficCom, Savari Technologies Pvt. Ltd., Denso Corporation, eTrans Systems, Arada Systems, AutoTalks Ltd., Toyota Motor Corporation, Volkswagen AG, Daimler AG, General Motors Company, and BMW Group, among others. For the purpose of this report, Reports and Data have segmented global Automotive Vehicle-to-Everything (V2X) Market on the basis of Vehicle type, communication type, technology type, application, offering type, propulsion types, and region: Vehicle type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026) Commercial Passenger Communication type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026) Vehicle-To-Cloud (V2C) Vehicle-To-Pedestrian (V2P) Vehicle-To-Grid (V2G) Vehicle-To-Infrastructure (V2I) Vehicle-To-Vehicle (V2V) Vehicle-To-Device (V2D) Vehicle-To-Network (V2N) Vehicle-To-Home (V2H)
Our Approach Our Approach Market Summary Propulsion type Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026) Electric Vehicle (EV) Internal Combustion Engine (ICE) Vehicle Applications Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026) Automated Driver Assistance Intelligent Traffic System Emergency Vehicle Notification Passenger Information System Fleet & Asset Management Parking Management System Line of Sight Order Now @ https://www.reportsanddata.com/checkout-form/1281
About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com