MarkNtel Advisors has recently published a research report that delves into the Vehicle-to-Everything (V2X) Communications Market Research Report: Forecast (2022-2027). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.
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Vehicle-to-Everything (V2X) Communications Market Insight and Analysis:
The Global Vehicle-to-Everything (V2X) Communication System Market is projected to grow at a CAGR of around 36.85% during the forecast period, 2022-27
Vehicle-to-Everything (V2X) Communications Market Driver:
Key Driver: Rising Focus of Government Institutions to Integrate V2X Technology to Aid the Market Growth
The significant rise in industrialization, urbanization, and an increase in vehicle ownership rates across North America, Asia-Pacific, Europe, and the Middle East & Africa has notably increased accidents & emission rates. Moreover, a surge in the depletion of fossil fuel reserves and heightening prices of crude have raised concerns among the international government organizations to shift toward sustainable mobility solutions. This fueled the demand for electric and autonomous vehicles across the globe owing to their fuel efficiency & ability to minimize road accidents, owing to the deployment of advanced safety systems and sensors.
Vehicle-to-Everything (V2X) Communications Industry Segmentation Insights:
-By Vehicle Type
-Passenger
-Commercial
-By Connectivity
-Dedicated Short Range Communication (DSRC)
-Cellular-V2X (C-V2X)
-By Technology
-Vehicle-to-Vehicle
-Vehicle-to-Infrastructure
-Intelligent Traffic System
-Emergency Vehicle Notification
-Passenger Information System
-Fleet & Asset Management
-Parking Management System
-Vehicle-to-Pedestrians (V2P)
-Others (Vehicle-to-Grid, Vehicle-to-Device, etc.)
-By Demand Type
-OEMs
-Aftermarkets
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-By Vehicle Autonomy
-Autonomous
-Semi-Autonomous
-By Component
-Hardware
-On-board Units (OBU)
-Roadside Units (RSU)
-Others (Antenna, Evaluation Kits, etc.)
-Software
-V2X Software Stack
-V2X Software Development Kit
-By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Top Companies in Global Vehicle-to-Everything (V2X) Communications Market : 2022-2027
A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including Autotalks Ltd., Continental AG, HARMAN International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies, Inc., Robert Bosch GmbH, STMicroelectronics, Cohda Wireless, Others
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