Home Press Releases Automotive V2X Market to grow at a CAGR of 38.2 percent to reach USD 25.02 Bn by 2029

Automotive V2X Market to grow at a CAGR of 38.2 percent to reach USD 25.02 Bn by 2029

by Press Room


(EMAILWIRE.COM, April 06, 2023 ) As per Maximize Market research, the total global market for “Automotive V2X Market” was USD 1.88 Bn in 2021 and is expected to grow at a CAGR of 38.2 percent over the forecast period to reach USD 25.02 Bn by 2029.

Automotive V2X Market Report Scope and Research Methodology

The report includes an in-depth region-wise and segment-wise analysis of the Automotive V2X Market size and share. The data for the report is gathered by using both the research methodologies that are primary and secondary and the data collected through research was combined for accurate inference.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/9764

Automotive V2X Market Dynamics

The Automotive V2X Market is driven by increasing collaboration and innovations in connected vehicle technology, rapid urbanization and industrialization and increasing advancements in cellular V2x technology combined with 5G and AI technology. The market growth is hampered by the lack of Infrastructure.

Automotive V2X Market Regional Insights

During the forecast period, Asia Pacific is expected to dominate the market with the largest market share. The regional market growth is driven by the growth in the automotive industry, the increasing purchasing power of people and growing environmental concerns.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/9764

Automotive V2X Market Segmentation

By vehicle type

Commercial

Passenger

By application

Predictive Maintenance

Remote Monitoring and Diagnostics

Parking Management System

Fleet and Asset Management

Passenger Information System

Emergency Vehicle Notification

Intelligent Traffic System

Automated Driver Assistance

By communication type

Vehicle-to-Vehicle

Vehicle-to-Network

Vehicle-to-Home

Vehicle-to-Grid

Vehicle-to-Pedestrian

Vehicle-to-Infrastructure

By offering

Hardware

Software

By connectivity type

Cellular

DSRC

Automotive V2X Market Key Competitors include:

Intel Corporation (US)

Qualcomm Technologies Inc.(US)

Nvidia Corporation(US)

Autotalks ltd. (Israel)

Cohda Wireless (Australia)

Continental AG(Germany)

Daimler AG(Germany)

Audi AG(Germany)

Robert Bosch GmBH (Germany)

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/9764

Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

V2X Cybersecurity Market– The market size is expected to reach USD 4.60 Bn by 2029 at a CAGR of 18.3 percent during the forecast period.

Automotive LiDAR Sensor Market– The Market size is expected to reach USD 2.09 Bn by 2029 at a CAGR of 24.55 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.



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