Press release
Automotive V2X Market 2021-2030 : Comprehensive Analysis, Top Key Players Analysis
The global automotive V2X market was pegged at $2.56 billion in 2019, and is estimated to reach $11.71 billion by 2027, growing at a CAGR of 28.4% from 2020 to 2027.
Increase in adoption of connected cars and surge in urbanization and industrialization have boosted the growth of the global automotive V2X market. However, high cost of implementation and security concerns regarding data communications hinder the market growth.
Download Report (268 Pages Research) at www.alliedmarketresearch.com/request-sample/7485
On the contrary, potential of artificial intelligence and 5G along with advancements in cellular-V2X technology and autonomous vehicles would open lucrative opportunities for the market players in the future.
Covid-19 Scenario
During the initial phase of the lockdown, the manufacturing units across the globe temporarily suspended their production activities, which hampered the sales of automobiles with V2X features.
The Covid-19 outbreak resulted in uncertainty in the market, disruption of the supply chain, and reduction in businesses. This negatively affected the demand for the V2X feature.
Get detailed COVID-19 impact analysis on the Automotive V2x Market Request Here!
The global automotive V2X market is segmented on the basis of communication, connectivity, vehicle type, and region. Based on communication, the vehicle-to-infrastructure (V2I) segment is projected to manifest the highest CAGR of 32.8% during the forecast period.
Interested to Procure The Data? Inquire here at www.alliedmarketresearch.com/-enquiry/7485
Moreover, the vehicle to vehicle segment held the largest share in 2019, accounting for nearly two-fifths of the market
By vehicle type, the passenger type segment dominated the market in 2019 in terms of revenue, contributing to around 90% of the market. Furthermore, the segment is projected to register the fastest CAGR of 28.9% from 2020 to 2027.
The global automotive V2X market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is estimated to portray the highest CAGR of 32.4% during the forecast period.
However, the market across Europe held the largest share in 2019, contributing to around one-third of the market.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/7485
The global automotive V2X market report includes an in-depth analysis of the major market players such as Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies, Inc., Robert Bosch GmbH, Savari, Inc., STMicroelectronics, Altran, Autotalks Ltd., Continental AG, and HARMAN International.
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Increase in adoption of connected cars and surge in urbanization and industrialization have boosted the growth of the global automotive V2X market. However, high cost of implementation and security concerns regarding data communications hinder the market growth.
Download Report (268 Pages Research) at www.alliedmarketresearch.com/request-sample/7485
On the contrary, potential of artificial intelligence and 5G along with advancements in cellular-V2X technology and autonomous vehicles would open lucrative opportunities for the market players in the future.
Covid-19 Scenario
During the initial phase of the lockdown, the manufacturing units across the globe temporarily suspended their production activities, which hampered the sales of automobiles with V2X features.
The Covid-19 outbreak resulted in uncertainty in the market, disruption of the supply chain, and reduction in businesses. This negatively affected the demand for the V2X feature.
Get detailed COVID-19 impact analysis on the Automotive V2x Market Request Here!
The global automotive V2X market is segmented on the basis of communication, connectivity, vehicle type, and region. Based on communication, the vehicle-to-infrastructure (V2I) segment is projected to manifest the highest CAGR of 32.8% during the forecast period.
Interested to Procure The Data? Inquire here at www.alliedmarketresearch.com/-enquiry/7485
Moreover, the vehicle to vehicle segment held the largest share in 2019, accounting for nearly two-fifths of the market
By vehicle type, the passenger type segment dominated the market in 2019 in terms of revenue, contributing to around 90% of the market. Furthermore, the segment is projected to register the fastest CAGR of 28.9% from 2020 to 2027.
The global automotive V2X market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is estimated to portray the highest CAGR of 32.4% during the forecast period.
However, the market across Europe held the largest share in 2019, contributing to around one-third of the market.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/7485
The global automotive V2X market report includes an in-depth analysis of the major market players such as Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies, Inc., Robert Bosch GmbH, Savari, Inc., STMicroelectronics, Altran, Autotalks Ltd., Continental AG, and HARMAN International.
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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