The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Vehicle-to-Everything (V2X) Communications System Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Vehicle-to-Everything (V2X) Communications System Industry (2022-2027):

According to the latest report, The Global Vehicle-to-Everything (V2X) Communications System Market is projected to grow at a CAGR of around 36.85% during the forecast period, 2022-27. The report demonstrates the prominent factors propelling the exponential growth of the Vehicle-to-Everything (V2X) Communications System industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2017-20
• Base Year: 2021
• Forecast Period: 2022-27
• CAGR – 36.85%

What are the major Driver the Vehicle-to-Everything (V2X) Communications System industry?

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.

In 2021, the Government of Korea announced the initiation of a C-ITS, a Cooperative Intelligent Transport System rollout in 44 cities & national expressways, which includes the integration of V2X technologies. With the release, the Korean government intends to complete the C-ITS deployment across the entire expressways network, covering a length of 4075 Km by 2025.

These initiatives launched by the national and international government organizations would substantially support the demand for Vehicle-to-Everything (V2X) Communication systems in the forecast years.

Download a sample PDF of this report to gain insights into the complete report structure - https://www.marknteladvisors.com/query/request-sample/vehicle-to-everything-v2x-communications-system-market.html

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Vehicle-to-Everything (V2X) Communications System Market Segmentation

The Vehicle-to-Everything (V2X) Communications System Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• 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
• 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

 As per the regional aspect, the Vehicle-to-Everything (V2X) Communications System Market is expected to be dominated by North America by capturing the potential market share.

Explore further details about this research report - https://www.marknteladvisors.com/research-library/vehicle-to-everything-v2x-communications-system-market.html

Top Companies in the Vehicle-to-Everything (V2X) Communications System Market

Autotalks Ltd., Continental AG, HARMAN International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies, Inc., Robert Bosch GmbH, STMicroelectronics, Cohda Wireless, Others

Recent Development by Leading Companies:

In 2021, Infineon technologies, Inc. announced the launch of the SLS37 V2X hardware security module (HSM), which is a plug-and-play security solution for vehicle-to-everything communication (V2x). The new module is a highly secured & tamper-resistant microcontroller tailored to the security needs in V2X applications within telematics control units.

In 2020, Cohda announced to update its C-v2X Software Development Kit that features an extensive range of useful applications & tools, as well as a virtual simulation tool (vsim).

In 2019, Harman International unveiled a new Dual-Mode V2X system aimed at enhancing automotive safety that features both hardware & software.

Why Markntel Advisors Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comprehensive comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report- https://www.marknteladvisors.com/query/request-customization/vehicle-to-everything-v2x-communications-system-market.html

For Further Queries:

Contact Us

MarkNtel Advisors

+1 628 895 8081, +91 120 4278433

sales@marknteladvisors.com

Corporate Office: Office No.109,

H-159, Sector 63, Noida, Uttar Pradesh - 201301, India