Automotive V2X Market: Regional Trends and Industry Analysis to 2026
Category: #Technology  By Partha Ray  Date: 2020-05-12
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Automotive V2X Market: Regional Trends and Industry Analysis to 2026

The automotive V2X market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.

The rising number of concerns among government bodies and road safety organizations toward improving the safety & security of passenger vehicles is further supplementing the growth of the automotive V2X market. The regulatory bodies across the globe are constantly working on augmenting the existing in-vehicle technologies and mandating the use of ADAS systems in vehicles. Government guidelines are encouraging car manufacturers to develop new & advanced V2X communications to comply with the safety mandates.

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Component evaluation:

Component categorization: As per the report, the Component landscape of the automotive V2X market is split into –

  • Hardware
    • GPS Antennas
    • GPS Module
    • Ethernet Port
    • CPU
    • Others
  • Software

Significant aspects concerning the Component landscape that are entailed in the report:

  • Substantial details about the Component spectrum of automotive V2X market are provided in the report.
  • The study mentions the revenue projection of the Component categories by the end of the forecast duration.
  • The market share that every Component segment will accumulate is given in the report.
  • The current and future trends characterizing the Component landscape are also provided in the report.

Communication Type evaluation:

Communication Type categorization: As per the report, the Communication Type landscape of the automotive V2X market is split into –

  • Vehicle-to-Cloud (V2C)
  • Vehicle-to-Pedestrian (V2C)
  • Vehicle-to-Grid (V2G)
  • Vehicle-to-Infrastructure (V2I)
  • Vehicle-to-Vehicle (V2V)
  • Vehicle-to-Device (V2D)

Significant aspects concerning the Communication Type landscape that are entailed in the report:

  • Substantial details about the Communication Type spectrum of automotive V2X Industry are provided in the report.
  • The study mentions the revenue projection of the Communication Type categories by the end of the forecast duration.
  • The market share that every Communication Type segment will accumulate is given in the report.
  • The current and future trends characterizing the Communication Type landscape are also provided in the report.

The North America region holds a major share in the automotive V2X market due to favorable government initiatives. The road safety organizations in the region have engaged in various activities to accelerate the innovation on automotive V2X landscape to improve transportation and road safety. Major players operating in the market have conducted many product testing initiatives to develop advanced versions of their existing V2X technology.

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The automotive V2X market research study is inclusive of a massive evacuation of the industry in question. The methodology used to derive valuable insights pertaining to the automotive V2X industry as well as the primary and secondary sources referred to have been elaborated in the report. Information pertaining to the financial data of mentioned shareholders and the present pricing trends are enumerated in the study.

The companies present in the automotive V2X market are collaborating with other players working on the automotive V2X technology to expand their product portfolio and gain a market share. For instance, in March 2019, Unex Inc., an innovative order picking solutions provider, partnered with Autotalks Inc., a V2X solutions provider. This partnership will help Unex Inc. in implementing cyber secure, flexible, and cost-effective solutions.

 

About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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