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V2X Market for Automotive by Communication Type (V2C, V2D, V2G, V2P, V2V and V2I), Offering Type (Hardware and Software), Connectivity Type (DSRC and Cellular), Propulsion Type (ICE and EV), Technology Type, and Region - Global Forecast to 2025

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Date: 31-Jan-2018
No. of pages: 168
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“Rising global demand for real-time traffic and incident alerts for increasing public safety to fuel the demand for V2X market”

The global V2X market is projected to grow at a CAGR of 17.61% from 2017 to 2025, to reach a market size of USD 99.55 billion by 2025 from USD 27.19 billion in 2017. The major factors driving the growth of the market are the increase in government funds for better traffic management and the development of connected vehicles. On the other hand, lack of infrastructure and additional cost burden on consumers may hinder the growth of the V2X market.  

“V2V communication is estimated to show high growth potential”

The market for V2V communication is estimated to grow at the highest CAGR during the forecast period. Government initiatives to commercialize V2V communication are expected to drive the V2V market in North America. In 2014, the National Highway Traffic Safety Administration (NHTSA) announced steps to enableV2V communication for light vehicles, which would help improve safety.

“Better infrastructure and high income would drive the V2X market in North American region”

North America is estimated to account for the largest share, by value and volume, of the V2X market in 2017.However, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period. The largest share of North America in the automotive V2X market can be attributed to factors such as a huge demand for automobiles because of better infrastructure and high income, favorable policies and regulations by the government, and the need for a better and effective transportation system.

The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs.

The breakup of the primaries is as follows:


  • By Company Type: Tier 1 –45%, Tier 2 –35%, OEM–20%

  • By Designation: C level –35%, D level –25%, Others –40%

  • By Region: North America –40%, Europe–30%, AsiaPacific–25%, RoW–5%


Major players profiled in the report are:


  • Continental (Germany)

  • Qualcomm (US)

  • Delphi Automotive (UK)

  • Infineon Technologies (Germany)

  • Intel (US)

  • NXP Semiconductors (Netherlands)

  • Tom Tom (Netherlands)

  • Harman International (US)

  • Cohda Wireless (Australia)

  • Autotalks (Israel)

  • NVIDIA (US)

  • Robert Bosch (Germany)

  • Daimler (Germany)

  • Audi (Germany)


Research Coverage:

The report segments the V2X market and forecasts its size, by volume and value, on the basis of region (Asia Pacific, Europe, North America, and RoW),offering type (Hardware and Software), communication type (Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Device (V2D), Vehicle-to-Grid (V2G), and Vehicle-to-Cloud (V2C)), connectivity type (Dedicated Short Range Communication (DSRC) and Cellular Connectivity), propulsion type (ICE and EV), and technology type(Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet & Asset Management, Parking Management System, Line of sight, Non-line of sight, Backing, and others).

Reasons to Buy the Report:

This report contains various levels of analysis, including industry analysis, competitive leadership mapping, and company profiles, which together discuss the basic views on the emerging and high growth segments of the V2X market; high-growth regions and countries; government initiatives; and market dynamics such as drivers, restraints, opportunities, and challenges.

The report enables new entrants and smaller firms as well as established firms to understand the market better to help them acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.

The report provides insights into the following points:


  • Market Penetration: The report offers comprehensive information about the V2X market and the top 14 players in the market.

  • Product Development/Innovation: The report provides detailed insights into upcoming technologies and new product launches in the V2X market.

  • Market Development: The report analyzes the market for V2Xacross regions and provides comprehensive information about lucrative emerging markets.

  • Market Diversification: The report provides exhaustive information about new products, untapped regional markets, recent developments, and investments in the V2X market.

V2X Market for Automotive by Communication Type (V2C, V2D, V2G, V2P, V2V and V2I), Offering Type (Hardware and Software), Connectivity Type (DSRC and Cellular), Propulsion Type (ICE and EV), Technology Type, and Region - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered in the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Factor Analysis
2.4.1 Demand-Side Analysis
2.4.1.1 Growth of Connected Devices
2.4.1.2 Need for Safety and Security
2.4.2 Supply-Side Analysis
2.4.2.1 Incumbent Companies are Providing Enhanced Features
2.4.2.2 Development of Efficient Connectivity Technology
2.5 Market Size Estimation
2.6 Market Breakdown and Data Triangulation
2.7 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the V2X Market for Automotive
4.2 V2X Market for Automotive, By Region, 2017 vs 2025
4.3 V2X Market for Automotive, By Connectivity Type, 2017 vs 2025
4.4 V2X Market for Automotive, By Communication Type, 2017 vs 2025
4.5 V2V Market for Automotive, By Offering Type, 2017 vs 2025
4.6 V2X Market for Automotive, By Propulsion Type, 2017 vs 2025
4.7 V2X Market for Automotive, By Technology Type, 2017 vs 2025

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for Real-Time Traffic and Incident Alerts for Increasing Public Safety
5.2.1.2 Increasing Initiatives From Various Governments for Better Traffic Management
5.2.1.3 Increasing Environmental Concerns to Lead the Adoption of Connected Vehicles
5.2.1.4 Intense Competition Among Car Manufacturers
5.2.2 Restraints
5.2.2.1 Lack of Cellular Connectivity Coverage in Developing Countries
5.2.2.2 Cost Burden on Consumers
5.2.2.3 Lack of Infrastructure
5.2.3 Opportunities
5.2.3.1 Autonomous Cars to Transform Automotive Industry
5.2.3.2 Predictive Maintenance Using Real-Time Monitoring
5.2.4 Challenges
5.2.4.1 Lack of Standardization
5.2.4.2 Lack of Acceptance of V2X Technology
5.2.4.3 Security of Data Generated By Vehicles
5.3 Macro-Indicator Analysis
5.3.1 Introduction
5.3.2 GDP (USD Billion)
5.3.3 GNI Per Capita, Atlas Method (USD)
5.3.4 GDP Per Capita PPP (USD)
5.3.5 Macro Indicators Influencing the V2X Market for Top 3 Countries
5.3.5.1 US
5.3.5.2 Germany
5.3.5.3 Japan
5.4 Value Chain Analysis
5.5 OEM Collaborations in the V2X Market
5.6 V2X On-Board Unit Market

6 Technology Overview
6.1 DSRC
6.2 Cellular
6.3 Over the Air Update (OTA)
6.3.1 Firmware Over-The-Air Technology (FOTA)
6.3.2 Software Over-The-Air Technology (SOTA)

7 V2X Market for Automotive, By Communication Type
7.1 Introduction
7.2 Vehicle-To-Cloud (V2C)
7.3 Vehicle-To-Pedestrian (V2P)
7.4 Vehicle-To-Grid (V2G)
7.5 Vehicle-To-Infrastructure (V2I)
7.6 Vehicle-To-Vehicle (V2V)
7.7 Vehicle-To-Device (V2D)

8 V2X Market for Automotive, By Connectivity Type
8.1 Introduction
8.2 DSRC Connectivity
8.3 Cellular Connectivity

9 V2X Market for Automotive, By Offering Type
9.1 Introduction
9.2 Software
9.3 Hardware
9.3.1 V2V Hardware
9.3.1.1 GPS Antenna
9.3.1.2 GPS Module
9.3.1.3 Ethernet
9.3.1.4 CPU
9.3.1.5 Others
9.3.2 V2I Hardware
9.3.2.1 GPS Antenna
9.3.2.2 GPS Module
9.3.2.3 Ethernet
9.3.2.4 CPU
9.3.2.5 Others
9.3.3 V2P Hardware
9.3.3.1 GPS Antenna
9.3.3.2 GPS Module
9.3.3.3 Ethernet
9.3.3.4 CPU
9.3.3.5 Others
9.3.4 V2G Hardware
9.3.4.1 Power Control System (PCS)
9.3.4.2 Others

10 V2X Market for Automotive, By Propulsion Type
10.1 Introduction
10.2 Electric Vehicle (EV)
10.3 Internal Combustion Engine (ICE) Vehicle

11 V2X Market for Automotive, By Technology Type
11.1 Introduction
11.2 Automated Driver Assistance
11.3 Intelligent Traffic System
11.4 Emergency Vehicle Notification
11.5 Passenger Information System
11.6 Fleet & Asset Management
11.7 Parking Management System
11.8 Line of Sight
11.9 Non-Line of Sight
11.10 Backing

12 V2X Market for Automotive, By Region
12.1 Introduction
12.2 Asia Pacific
12.3 Europe
12.4 North America
12.5 Rest of the World (RoW)

13 Competitive Landscape
13.1 Overview
13.2 Market Ranking Analysis
13.3 Competitive Scenario
13.3.1 New Product Developments, 2017
13.3.2 Mergers & Acquisitions, 2015–2017
13.3.3 Partnerships/Supply Contracts/Collaborations/ Joint Ventures, 2015–2017

14 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*
14.1 Continental
14.2 Qualcomm
14.3 NXP Semiconductors
14.4 Robert Bosch
14.5 Delphi Automotive
14.6 Intel
14.7 Infineon Technologies
14.8 Tomtom
14.9 Harman International
14.10 Nvidia Corporation
14.11 Autotalks
14.12 Cohda Wireless
14.13 Daimler
14.14 Audi

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix
15.1 Key Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details

List of Tables

Table 1 Currency Exchange Rates (Per USD)
Table 2 Government Initiatives in the V2X Technology Market, 2015–2017
Table 3 V2X Market for Automotive, By Communication Type, 2016–2025 (‘000 Units)
Table 4 V2X Market for Automotive, By Communication Type, 2016–2025 (USD Million)
Table 5 V2C Market Size, By Region, 2016–2025 (USD Million)
Table 6 V2P Market Size, By Region, 2016–2025 (‘000 Units)
Table 7 V2P Market Size, By Region, 2016–2025 (USD Million)
Table 8 V2G Market Size, By Region, 2016–2025 (‘000 Units)
Table 9 V2G Market Size, By Region, 2016–2025 (USD Million)
Table 10 V2I Market Size, By Region, 2016–2025 (‘000 Units)
Table 11 V2I Market Size, By Region, 2016–2025 (USD Million)
Table 12 V2V Market Size, By Region, 2016–2025 (‘000 Units)
Table 13 V2V Market Size, By Region, 2016–2025 (USD Million)
Table 14 V2X Market Size for Automotive, By Connectivity Type, 2016–2025 (USD Million)
Table 15 DSRC Connectivity: V2X Market Size, By Region, 2016–2025 (USD Million)
Table 16 Cellular Connectivity: V2X Market Size, By Region, 2016–2025 (USD Million)
Table 17 V2V Hardware Market Size, By Component, 2016–2025 (USD Million)
Table 18 V2V GPS Antenna Market Size, By Region, 2016–2025 (USD Million)
Table 19 V2V GPS Module Market Size, By Region, 2016–2025 (USD Million)
Table 20 V2V Ethernet Market Size, By Region, 2016–2025 (USD Million)
Table 21 V2V CPU Market Size, By Region, 2016–2025 (USD Million)
Table 22 V2V Others Market Size, By Region, 2016–2025 (USD Million)
Table 23 V2I Hardware Market Size, By Component, 2016–2025 (USD Million)
Table 24 V2I GPS Antenna Market Size, By Region, 2016–2025 (USD Million)
Table 25 V2I GPS Module Market Size, By Region, 2016–2025 (USD Million)
Table 26 V2I Ethernet Market Size, By Region, 2016–2025 (USD Million)
Table 27 V2I CPU Market Size, By Region, 2016–2025 (USD Million)
Table 28 V2I Others Market Size, By Region, 2016–2025 (USD Million)
Table 29 V2P Hardware Market Size, By Component, 2016–2025 (USD Million)
Table 30 V2P GPS Antenna Market Size, By Region, 2016–2025 (USD Million)
Table 31 V2P GPS Module Market Size, By Region, 2016–2025 (USD Million)
Table 32 V2P Ethernet Market Size, By Region, 2016–2025 (USD Million)
Table 33 V2P CPU Market Size, By Region, 2016–2025 (USD Million)
Table 34 V2P Others Market Size, By Region, 2016–2025 (USD Million)
Table 35 V2G Hardware Market Size, By Component, 2016–2025 (USD Million)
Table 36 V2G Power Control System Market Size, By Region, 2016–2025 (USD Million)
Table 37 V2G Others Market Size, By Region, 2016–2025 (USD Million)
Table 38 V2X Market Size, By Propulsion Type, 2016–2025 (‘000 Units)
Table 39 V2X Market Size, By Propulsion Type, 2016–2025 (USD Million)
Table 40 EV V2X Market Size, By Region, 2016–2025 (000’ Units)
Table 41 EV V2X Market Size, By Region, 2016–2025 (USD Million)
Table 42 ICE V2X Market Size, By Region, 2016–2025 (000’ Units)
Table 43 ICE V2X Market Size, By Region, 2016–2025 (USD Million)
Table 44 V2X Market Size, By Technology Type, 2016–2025 (USD Million)
Table 45 V2V Market Size, By Technology Type, 2016–2025 (USD Million)
Table 46 V2I Market Size, By Technology Type, 2016–2025 (USD Million)
Table 47 V2P Market Size, By Technology Type, 2016–2025 (USD Million)
Table 48 V2X Market for Automotive, By Region, 2016–2025 (‘000 Units)
Table 49 V2X Market for Automotive, By Region, 2016–2025 (USD Million)
Table 50 Asia Pacific: V2X Market for Automotive, By Communication, 2016–2025 (‘000 Units)
Table 51 Asia Pacific: V2X Market for Automotive, By Communication, 2016–2025 (USD Million)
Table 52 Asia Pacific: V2X Market for Automotive, By Connectivity Type, 2016–2025 (USD Million)
Table 53 Europe: V2X Market for Automotive, By Communication, 2016–2025 (‘000 Units)
Table 54 Europe: V2X Market for Automotive, By Communication, 2016–2025 (USD Million)
Table 55 Europe: V2X Market for Automotive, By Connectivity Type, 2016–2025 (USD Million)
Table 56 North America: V2X Market for Automotive, By Communication, 2016–2025 (‘000 Units)
Table 57 North America: V2X Market for Automotive, By Communication, 2016–2025 (USD Million)
Table 58 North America: V2X Market for Automotive, By Connectivity Type, 2016–2025 (USD Million)
Table 59 Rest of the World (RoW): V2X Market for Automotive, By Communication, 2016–2025 (‘000 Units)
Table 60 Rest of the World (RoW): V2X Market for Automotive, By Communication, 2016–2025 (USD Million)
Table 61 Rest of the World (RoW): V2X Market for Automotive, By Connectivity Type, 2016–2025 (USD Million)
Table 62 V2X Market for Automotive Ranking: 2016

List of Figures

Figure 1 Vehicle-to-Everything Market Segmentation
Figure 2 V2X Market for Automotive: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 V2X Market: Bottom-Up Approach
Figure 6 V2X Market: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 V2X Market for Automotive, By Region, 2017 (USD Million)
Figure 9 V2X Market for Automotive, By Connectivity Type, 2017 vs 2025 (USD Million)
Figure 10 V2X Market for Automotive, By Communication Type, 2017 vs 2025 (USD Million)
Figure 11 V2X Market for Automotive, By Propulsion Type, 2017 vs 2025 (USD Million)
Figure 12 V2V Market for Automotive, By Offering Type, 2017 vs 2025 (USD Million)
Figure 13 V2X Market for Automotive, By Technology Type, 2017 vs 2025 (USD Million)
Figure 14 Increase in Demand for Real-Time Traffic is Anticipated to Fuel the Growth of V2X Market for Automotive From 2017 to 2025
Figure 15 North America is Estimated to Hold the Largest Share of the V2X Market for Automotive in 2017
Figure 16 Cellular Connectivity is Estimated to Have the Largest Market Size in 2017
Figure 17 V2C is Estimated to Hold the Largest Share of V2X Market for Automotive in 2017
Figure 18 Software is Estimated to Hold the Largest Share of V2V Market  for Automotive in 2017
Figure 19 ICE Segment is Estimated to Hold the Largest Share of V2X Market for Automotive in 2017
Figure 20 Intelligent Traffic System is Estimated to Hold the Largest Share of V2X Market for Automotive in 2017
Figure 21 V2X Market for Automotive: Market Dynamics
Figure 22 Number of Road Traffic Deaths Worldwide 2001-2013
Figure 23 US: Rising GNI Per Capita is Expected to Drive the V2X Market During the Forecast Period
Figure 24 Germany: Domestic Demand is Expected to Play A Crucial Role Owing to Mounting German Trade Surplus
Figure 25 Japan: Rising GNI Per Capita is Expected to Drive the V2X Market
Figure 26 V2X Market for Automotive : Value Chain Analysis
Figure 27 V2X On-Board Unit Market: Venn Diagram
Figure 28 V2X Market for Automotive, By Communication Type, 2017 vs 2025 (USD Million)
Figure 29 V2X Market for Automotive, By Connectivity Type, 2017 vs 2025 (USD Million)
Figure 30 V2X Market, By Propulsion Type, 2017 vs 2025 (USD Million)
Figure 31 V2X Market, By Technology Type, 2017 vs 2025 (USD Million)
Figure 32 Asia Pacific to Be the Fastest Growing Region for the V2X Market for Automotive During the Forecast Period (2017–2025)
Figure 33 Asia Pacific: V2X Market for Automotive Snapshot
Figure 34 Europe: V2X Market, By Communication, 2020 vs 2025 (USD Million)
Figure 35 North America: V2X Market for Automotive, Snapshot
Figure 36 RoW: V2X Market for Automotive, By Communication, 2020 vs 2025 (USD Million)
Figure 37 Key Development By Leading Players in the V2X Market for Automotive, 2015–2017
Figure 38 Continental: Company Snapshot
Figure 39 SWOT Analysis: Continental
Figure 40 Qualcomm: Company Snapshot
Figure 41 SWOT Analysis: Qualcomm
Figure 42 NXP Semiconductors: Company Snapshot
Figure 43 SWOT Analysis: NXP Semiconductors
Figure 44 Robert Bosch: Company Snapshot
Figure 45 SWOT Analysis: Robert Bosch
Figure 46 Delphi Automotive: Company Snapshot
Figure 47 SWOT Analysis: Delphi Automotive
Figure 48 Intel: Company Snapshot
Figure 49 Infineon Technologies: Company Snapshot
Figure 50 Tomtom: Company Snapshot
Figure 51 Harman International: Company Snapshot
Figure 52 Nvidia Corporation: Company Snapshot
Figure 53 Daimler: Company Snapshot
Figure 54 Audi: Company Snapshot

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