Market Forecast by offering (hardware and software), by technology (line & non-line of sight, automated driving assistance, backing, emergency vehicle notification, passenger automation information and others), by vehicle type (commercial vehicle and passenger vehicle) and by Regions (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) and Competitive Landscape
Product Code: ETC037332 | Publication Date: Jan 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Vehicle-to-everything (V2X) market is expected to witness significant growth in the coming time zone on the back of an increase in the growth of digitization in the automotive industry. A spur in the artificial intelligence is leading to an increased and deeper penetration of cutting-edge technology in the field of automotive industry and is posing bountiful opportunities for the growth of the Vehicle-to-everything (V2X) globally especially in the developing economies and is expected to be of much importance for shaping the market competitive landscape of the global Vehicle-to-everything (V2X) market in the forthcoming years. Vehicle-to-everything (V2X) is making its position in the overall industrial landscape towards bringing in better efficiencies and productive business growth and is witnessing a significant deployment and is expected to be of great importance for the industrial landscape recolonization and as a result is expected to pose significant growth prospects for the automotive industry in the forthcoming years. Additionally, increased and enhanced consumer experience and spectacular business growth prospects is making it an ideal industrial product and would be a growth catalyst in the growth of the global Vehicle-to-everything (V2X) market in the coming future. Additionally, the advent of IoT (Internet of Things) in the automotive industry is anticipated to benefit the global vehicle-to-everything (V2X) market to register significant growth in the coming timeframe as a result of an increase in the need for state-of-art expertise for better driving solutions in the automotive industry and rising use of leveraging of brownfield infrastructure for better understandability of facts and figures and increase in the high fund investments for the betterment and growth and development of automotive industry infrastructure.
The use of sensor technology in the automotive industry specially for traffic related emergencies and parking assistance has been marking a strong growth path and is expected to benefit the IoT (internet of things) to make a pace in the automotive industry to make serious headway towards positive growth in the coming timeframe. The cost-effective feature of the acoustic sensors have made them an ideal product to collect information with context to assistance at the time of parking and traffic-related emergencies without human interaction and this has made the product, catch the sight of many industrialists and as a result, the product is gaining popularity and is expected to assist significant growth of the IoT (internet of things) in the automotive industry in the coming timeframe and assist the potential industrialists and to-be investors of the market to gain significant business growth potential in the next five to ten years.
According to 6Wresearch, the Global Vehicle-to-everything (V2X) Market size is anticipated to register growth during 2020-26. The outbreak of the global COVID-19 pandemic has no doubt, led to disruptions in the economy globally and has impacted various sectors also. The industrial sector has been highly impacted as a result of disruptions in the production cycle underpinned by the imposition of nationwide lockdown in the developed and developing economies across the world, as countries ramp up to win the bid to combat the spread of the novel coronavirus. These disruptions have brought about challenging phase in various industrial sectors and as a result, has led to disturbance in the global Vehicle-to-everything (V2X) market as well. Owing to the panning out of income, there has been a disruption witnessed in the product and Services line ups and as a result has led to disruption in the business cycle and has affected to global Vehicle-to-everything (V2X) market and the curve is still far beyond flattening, the market is expected to face challenges with regard to ramping up and coming back to the same position as pre-covid period.
Vehicle-to-everything (V2X) is becoming a road to success for shaping the market competitive landscape of the Automotive Industry underpinned by the advent of Intelligent Digitization
Deeper penetration of the digitization is backboned by Vehicle-to-everything (V2X) applicability which is proving itself evident on the face of technological upgradations in the Automotive industry to provide best in class client experience along with analysis and traffic emergency precaution and is making itself a vital piece of deployment asset for a better driving experience and as a result, is expected to be of great importance for the growth and development of digital transformation in the automotive industry in the developed and developing economies across the globe. As a result, significant growth of the global Vehicle-to-everything (V2X) market is anticipated to be witnessed in the forthcoming years along with a revolutionized market competitive landscape of the automotive industry in the coming time zone.
Unprecedented 5G Network Growth is expected to provide Superior Growth Prospects to the Global Vehicle-to-everything (V2X) Market.
The increase in technological aid across the world is going in to the advent of the development of premium and agile internet facilities also. The unprecedented development of the 5G network has brought about a drastic change in the information and technology sector. The adoption of 5G has seen a swashbuckling growth and at a much faster pace. The adoption has been seen with around more than 500 million users globally within a timeframe of one to two years, which the 3G and 4G networks have witnessed in a time span of around five to six years. The increase in remote healthcare, increased connectivity demand, exploding number of colocation centers across the globe and an increase in the massive connectivity between people, machines and technology is triggering the massive adoption of 5G technology. This unprecedented growth of the network is backed by the growth of the installation of 5G chips by many corporate giants. The 5G ecosystem has been brought up to maturity backed by the growth in the installation of the network with increased bandwidth by many commercial agencies in the middle of the year 2019. To meet the rising connectivity range demand along with adaptation of spectrum characteristics, 5G data network has been launched with triple layers to enhance the data connectivity range. This increasing connectivity range is posing a huge demand for commercial terminals to make the 5G connectivity a mass reach and is expected to leave a positive impact on the growth of the Vehicle-to-everything (V2X) market in the upcoming six years and the timeframe thereafter.
The Global Vehicle-to-everything (V2X) market report thoroughly covers the market by Offering, Service, End users and key regions including the Asia Pacific, Latin America, Middle East, Europe, North America and Africa. The Global Vehicle-to-everything (V2X) market outlook report provides an unbiased and detailed analysis of the on-going Global Vehicle-to-everything (V2X) market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Market Covered
The Global Vehicle-to-everything (V2X) Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Vehicle-to-everything (V2X) Market Overview |
3.1. Global Vehicle-to-everything (V2X) Market Revenues, 2016-2026F |
3.2. Global Vehicle-to-everything (V2X) Market Revenue Share, By Offering, 2019 & 2026F |
3.3. Global Vehicle-to-everything (V2X) Market Revenue Share, By Technology, 2019 & 2026F |
3.4. Global Vehicle-to-everything (V2X) Market Revenue Share, By Vehicle Type, 2019 & 2026F |
3.5. Global Vehicle-to-everything (V2X) Market Revenue Share, By Regions, 2019 & 2026F |
3.6. Global Vehicle-to-everything (V2X) Market Industry Life Cycle |
3.7. Global Vehicle-to-everything (V2X) Market- Porter’s Five Forces |
4. Global Vehicle-to-everything (V2X) Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Vehicle-to-everything (V2X) Market Trends |
6. Global Vehicle-to-everything (V2X) Market Overview, By Offering |
6.1. Global Vehicle-to-everything (V2X) Market Revenues, By Hardware, 2016-2026F |
6.2. Global Vehicle-to-everything (V2X) Market Revenues, By Software, 2016-2026F |
7. Global Vehicle-to-everything (V2X) Market Overview, By Technology |
7.1. Global Vehicle-to-everything (V2X) Market Revenues, By Automated Driving Assistance, 2016-2026F |
7.2. Global Vehicle-to-everything (V2X) Market Revenues, By Non-line & Line of Sight, 2016-2026F |
7.3. Global Vehicle-to-everything (V2X) Market Revenues, By Backing, 2016-2026F |
7.4. Global Vehicle-to-everything (V2X) Market Revenues, By Emergency Vehicle Notification, 2016-2026F |
7.5. Global Vehicle-to-everything (V2X) Market Revenues, By Passenger Information System, 2016-2026F |
7.6. Global Vehicle-to-everything (V2X) Market Revenues, By Others, 2016-2026F |
8. Global Vehicle-to-everything (V2X) Market Overview, By Vehicle Type |
8.1. Global Vehicle-to-everything (V2X) Market Revenues, By Passenger Car, 2016-2026F |
8.2. Global Vehicle-to-everything (V2X) Market Revenues, By Commerical Vehicle, 2016-2026F |
9. Asia Pacific Vehicle-to-everything (V2X) Market Overview |
9.1. Asia Pacific Vehicle-to-everything (V2X) Market Revenues, 2016-2026F |
9.2. Asia Pacific Vehicle-to-everything (V2X) Market Revenue Share, By Offering, 2019 & 2026F |
9.3. Asia Pacific Vehicle-to-everything (V2X) Market Revenue Share, By Technology, 2019 & 2026F |
9.4. Asia Pacific Vehicle-to-everything (V2X) Market Revenue Share, By Vehicle Type, 2019 & 2026F |
9.5. Asia Pacific Vehicle-to-everything (V2X) Market Revenue Share, By Countries, 2019 & 2026F |
10. North America Vehicle-to-everything (V2X) Market Overview |
10.1. North America Vehicle-to-everything (V2X) Market Revenues, 2016-2026F |
10.2. North America Vehicle-to-everything (V2X) Market Revenue Share, By Offering, 2019 & 2026F |
10.3. North America Vehicle-to-everything (V2X) Market Revenue Share, By Technology, 2019 & 2026F |
10.4. North America Vehicle-to-everything (V2X) Market Revenue Share, By Vehicle Type, 2019 & 2026F |
10.5. North America Vehicle-to-everything (V2X) Market Revenue Share, By Countries, 2019 & 2026F |
11. Latin America Vehicle-to-everything (V2X) Market Overview |
11.1. Latin America Vehicle-to-everything (V2X) Market Revenues, 2016-2026F |
11.2. Latin America Vehicle-to-everything (V2X) Market Revenue Share, By Offering, 2019 & 2026F |
11.3. Latin America Vehicle-to-everything (V2X) Market Revenue Share, By Technology, 2019 & 2026F |
11.4. Latin America Vehicle-to-everything (V2X) Market Revenue Share, By Vehicle Type, 2019 & 2026F |
11.5. Latin America Vehicle-to-everything (V2X) Market Revenue Share, By Countries, 2019 & 2026F |
12. Europe Vehicle-to-everything (V2X) Market Overview |
12.1. Europe Vehicle-to-everything (V2X) Market Revenues, 2016-2026F |
12.2. Europe Vehicle-to-everything (V2X) Market Revenue Share, By Offering, 2019 & 2026F |
12.3. Europe Vehicle-to-everything (V2X) Market Revenue Share, By Technology, 2019 & 2026F |
12.4. Europe Vehicle-to-everything (V2X) Market Revenue Share, By Vehicle Type, 2019 & 2026F |
12.5. Europe Vehicle-to-everything (V2X) Market Revenue Share, By Countries, 2019 & 2026F |
13. Middle East Vehicle-to-everything (V2X) Market Overview |
13.1. Middle East Vehicle-to-everything (V2X) Market Revenues, 2016-2026F |
13.2. Middle East Vehicle-to-everything (V2X) Market Revenue Share, By Offering, 2019 & 2026F |
13.3. Middle East Vehicle-to-everything (V2X) Market Revenue Share, By Technology, 2019 & 2026F |
13.4. Middle East Vehicle-to-everything (V2X) Market Revenue Share, By Vehicle Type, 2019 & 2026F |
13.5. Middle East Vehicle-to-everything (V2X) Market Revenue Share, By Countries, 2019 & 2026F |
14. Africa Vehicle-to-everything (V2X) Market Overview |
14.1. Africa Vehicle-to-everything (V2X) Market Revenues, 2016-2026F |
14.2. Africa Vehicle-to-everything (V2X) Market Revenue Share, By Offering, 2019 & 2026F |
14.3. Africa Vehicle-to-everything (V2X) Market Revenue Share, By Technology, 2019 & 2026F |
14.4. Africa Vehicle-to-everything (V2X) Market Revenue Share, By Vehicle Type, 2019 & 2026F |
14.5. Africa Vehicle-to-everything (V2X) Market Revenue Share, By Countries, 2019 & 2026F |
15. Global Vehicle-to-everything (V2X) Market Competitive Landscape |
15.1. Global Vehicle-to-everything (V2X) Market, By Companies, 2019 |
15.2. Asia Pacific Vehicle-to-everything (V2X) Market, By Companies, 2019 |
15.3. North America Vehicle-to-everything (V2X) Market, By Companies, 2019 |
15.4. Latin America Vehicle-to-everything (V2X) Market, By Companies, 2019 |
15.5. Europe Vehicle-to-everything (V2X) Market, By Companies, 2019 |
15.7. Middle East Vehicle-to-everything (V2X) Market, By Companies, 2019 |
15.8. Africa Vehicle-to-everything (V2X) Market, By Companies, 2019 |
16. Company Profiles |
17. Key Strategic Recommendations |