Vehicle-to-X Products Market
Vehicle-to-X Products Market Growth Report By Technology (Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System), By Offering (Hardware, Software), By Connectivity (DSRC, Cellular Connectivity) - Regional Forecast to 2028
Analysis of Vehicle-to-X Products market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Vehicle-to-X Products Market: Market Overview
The automotive industry is undergoing a series of technological transitions, with the industry moving towards digitization and connected mobility. The technological advancement in automotive industry is one the factors which is playing an important role in growth of vehicle-to-X products market.
Technology plays an important role in the development of vehicle-to-X products and especially with the innovation of Internet of Things, Vehicle-to-X products market is witnessing the rapid growth. Furthermore, the rising consumer demand for convenience features has enforced various OEMs to incorporate vehicle-to-X products. The implementation of the vehicle-to-X products is not only increasing the safety aspect but also provides an enhanced driving experience. In addition, the features such as V2V communication, real time voice control, and other advanced driving to provide enhanced connected user experience, are supporting the adoption of vehicle-to-X products. In parallel, rising security concern among the vehicle owners is impelling the growth of vehicle-to-X products.
Apart from this, vehicle-to-X products are used to provide safe and reliable communication between vehicles, infrastructure and the cloud. Vehicle-to-X products provide high level of connectivity to and from the vehicle. Factors such as: growing demand for real-time traffic and incident alerts for increasing public safety are expected to boost the growth of vehicle-to-X products market. In addition, the development of connected vehicles is fueling the growth of the vehicle-to-X products market. In parallel, it has been observed that the governments in various countries are increasing funds for the better traffic management, which is projected to support the growth of the vehicle-to-X products market.
Vehicle-to-X Products Market: Drivers and Challenges
The meteoric rise in the demand for connected vehicles is one of the primary factors fuelling the growth of vehicle-to-x products market. Also, the government’s moves towards the public safety is creating potential growth opportunities for vehicle-to-x products market. Growing expansion of automotive industry has been a key factor and have offered lucrative opportunities for the vehicle-to-x products market.
Apart from this, increasing demand for the real time traffic management, coupled with incident alerts is towering the growth of the vehicle-to-x products market. Furthermore, the rising trend of vehicle-to-vehicle connectivity systems for is the major factors driving the growth of vehicle-to-x products market. However, issues such as lack of digital development in developing countries acts as a restraining factor for the vehicle-to-x products market. Moreover, the high integration cost of a vehicle-to-x products is one challenge for the growth of vehicle-to-x products market.
Vehicle-to-X Products Market: Competition Landscape
Key Players
Some of the major players in the global Vehicle-to-X Products market are
- Arada Systems
- Autotalks Ltd.
- Cohda Wireless
- Delphi Automotive PLC
- Denso Corporation
- eTrans Systems
- Kapsch TrafficCom
- Qualcomm Incorporated
- Savari Inc.
- and other Vehicle-to-X Products manufacturers.
Vehicle-to-X Products Market: Regional Overview
On the basis of geography, Europe is expected to dominate the vehicle-to-x products market due to the presence of various vehicle-to-x products providers and automotive OEMs. In Europe, the growth of automotive sector is supporting the vehicle-to-x products market.
North America and Asia Pacific are also expected to create potential growth opportunities for the vehicle-to-x products market, owing to the increasing adoption of security technologies in the vehicles. Moreover, the demand for vehicle-to-x products has risen dramatically in the past few years in the Middle East & Africa and Latin American regions, due to rise in digital technologies and growth in the connected technologies.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2013-2017
- Market Size & Forecast, 2018 to 2028
- Value Chain of the Market
- Market Current Trends/Issues/Challenges
- Competition & Companies Involved
- Market Drivers and Restraints
Regional analysis for the market includes the development of the Vehicle-to-X Products market in the following regions:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Rest of Latin America
- Europe
- EU – 4 (Germany, France, Italy, Spain)
- U.K.
- BENELUX (Belgium, Netherlands, Luxemburg)
- NORDIC (Norway, Denmark, Iceland, Sweden)
- Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
- Rest of Europe
- CIS & Russia
- Japan
- APEJ
- Greater China
- India
- South Korea
- ASEAN Countries
- Rest of APEJ
- Middle East and Africa
- GCC Countries
- Turkey
- Iran
- Israel
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation of Vehicle-to-X Products market
- Recent industry trends and developments in Vehicle-to-X Products market
- Competitive landscape of Vehicle-to-X Products market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
Vehicle-to-X Products Market: Segmentation
The global vehicle-to-x products market can be segmented as:
Segmentation of the vehicle-to-x products market on the basis of Technology:
- Automated Driver Assistance
- Intelligent Traffic Systems
- Emergency Vehicle Notification
- Passenger Information System
- Fleet & Asset Management
- Parking Management System
- Others
Segmentation of the vehicle-to-x products market on the basis of Offering Type:
- Hardware
- Software
Segmentation of the Vehicle-to-X Products market on the basis of Connectivity:
- Dedicated Short Range Communication (DSRC)
- Cellular Connectivity
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Technology 6.2. Offering Type 6.3. Connectivity 7. Global Market Analysis and Forecast, By Technology 7.1. Automated Driver Assistance 7.2. Intelligent Traffic Systems 7.3. Emergency Vehicle Notification 7.4. Passenger Information System 7.5. Fleet & Asset Management 7.6. Parking Management System 7.7. Others 8. Global Market Analysis and Forecast, By Offering Type 8.1. Hardware 8.2. Software 9. Global Market Analysis and Forecast, By Connectivity 9.1. Dedicated Short Range Communication (DSRC) 9.2. Cellular Connectivity 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. East Asia 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Technology, Offering Type, and Connectivity for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Arada Systems 20.2. Autotalks Ltd. 20.3. Cohda Wireless 20.4. Delphi Automotive PLC 20.5. Denso Corporation 20.6. eTrans Systems 20.7. Kapsch TrafficCom 20.8. Qualcomm Incorporated 20.9. Savari Inc.
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List Of Table
Table 01: Global Market US$ Bn Forecast by Region
Table 02: Global Market US$ Bn Forecast by Technology
Table 03: Global Market US$ Bn Forecast by Offering Type
Table 04: Global Market US$ Bn Forecast by Connectivity
Table 05: North America Market US$ Bn Forecast by Country
Table 06: North America Market US$ Bn Forecast by Technology
Table 07: North America Market US$ Bn Forecast by Offering Type
Table 08: North America Market US$ Bn Forecast by Connectivity
Table 09: Latin America Market US$ Bn Forecast by Country
Table 10: Latin America Market US$ Bn Forecast by Technology
Table 11: Latin America Market US$ Bn Forecast by Offering Type
Table 12: Latin America Market US$ Bn Forecast by Connectivity
Table 13: Western Europe Market US$ Bn Forecast by Country
Table 14: Western Europe Market US$ Bn Forecast by Technology
Table 15: Western Europe Market US$ Bn Forecast by Offering Type
Table 16: Western Europe Market US$ Bn Forecast by Connectivity
Table 17: Eastern Europe Market US$ Bn Forecast by Country
Table 18: Eastern Europe Market US$ Bn Forecast by Technology
Table 19: Eastern Europe Market US$ Bn Forecast by Offering Type
Table 20: Eastern Europe Market US$ Bn Forecast by Connectivity
Table 21: Asia Pacific Market US$ Bn Forecast by Country
Table 22: Asia Pacific Market US$ Bn Forecast by Technology
Table 23: Asia Pacific Market US$ Bn Forecast by Offering Type
Table 24: Asia Pacific Market US$ Bn Forecast by Connectivity
Table 25: East Asia Market US$ Bn Forecast by Country
Table 26: East Asia Market US$ Bn Forecast by Technology
Table 27: East Asia Market US$ Bn Forecast by Offering Type
Table 28: East Asia Market US$ Bn Forecast by Connectivity
Table 29: MEA Market US$ Bn Forecast by Country
Table 30: MEA Market US$ Bn Forecast by Technology
Table 31: MEA Market US$ Bn Forecast by Offering Type
Table 32: MEA Market US$ Bn Forecast by Connectivity
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Region
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Technology
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Offering Type
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Connectivity
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
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- FAQs -
What will be the demand outlook for vehicle-to-X products market?
The vehicle-to-X products market is expected to garner a market value of US$ 20 Billion by the end of 2028.
Which region will spearhead the growth in vehicle-to-X products market?
Asia Pacific is expected to register 18% CAGR for vehicle-to-X products market in the forecast period 2018-2028.
What is the anticipated growth of the vehicle-to-X products market until 2028?
The vehicle-to-X products market is expected to register a CAGR of 40% in the forecast period 2018-2028.
Vehicle-to-X Products Market