Automotive V2X Global Market Report 2023 – Market Size, Trends and Global Forecast 2023-2032
Automotive V2X Global Market Report 2023 by Business Research Corporation – Market Size, Trends and Global Forecast 2023-2032
— Business Research Company
Greater London, UK, September 1, 2023 /EINPresswire.com/ – The Business Research Company’s global market report has been updated with updated market size information to 2023 and forecasts to 2032
The Automotive V2X Global Market Report 2023 by Business Research Company is a comprehensive source of information covering all aspects of the Automotive V2X market. According to TBRC’s Automotive V2X Market Forecast, the automotive V2X market size is expected to reach USD 4.77 billion by 2027, with a high annual growth rate of 44.1% during the forecast period.
Increase in demand for fully autonomous vehicles is expected to drive the automotive V2X market demand in the coming years. North America is expected to hold the largest automotive V2X market share. Key players in the automotive V2X market include Autotalks Ltd., Continental AG, Denso Corporation, Harman International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies Inc., Robert Bosch, Cohda Wireless, STMicroElectronics, TE Connectivity Ltd., Qorvo Inc., Ford Motor Company.
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Automotive V2X Market Trends
Evolving technological advancements such as LTE-V2X technology are a key trend in the growing popularity of the automotive V2X market. LTE-V2X technology is an innovative information and communication technology used in road traffic systems that allows information to be exchanged between vehicles, humans, networks and infrastructure.
Automotive V2X Market Segments
1) By technology: emergency vehicle notification, automated driving assistance, passenger information system, line of sight, other technologies
2) Classification by vehicle type: passenger cars, commercial vehicles
3) By connection method: DSRC, cellular network
4) Through communication: vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), vehicle-to-grid (V2G), vehicle-to-cloud (V2C), vehicle-to-device (V2D)
Read more about the Global Automotive V2X Market Report:
https://www.thebusinessresearchcompany.com/report/automotive-v2x-global-market-report
Vehicle-to-everything (V2X) is a communication system for vehicles that supports the exchange of information from the vehicle to the moving components of the transportation system that may have an impact on the vehicle. The technology improves traffic efficiency by notifying drivers of approaching traffic, offering alternative routes to avoid traffic, and spotting vacant parking spaces.
TBRC’s 2023 Automotive V2X Global Market Report covers the following information:
• Market Size Dates During Forecast Period: Historical and Future
• Market Analysis by Region: Asia Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• Country Market Analysis: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, Korea, UK, USA.
Trends, opportunities, strategies and more.
Automotive V2X Global Market Report 2023 by Business Research is the most comprehensive report that provides information on Automotive V2X Market Size, Drivers and Trends, Automotive V2X Market Key Players, Competitors Revenue, Market Positioning, and Cross-regional Automotive V2X Market Growth insights. The Automotive V2X Market Report helps you gain insights into opportunities and strategies. Companies can leverage the data in the report and enter the segments with the highest growth potential.
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