Innovative Communication Technology Is Key Among Automotive V2X Market Trends

Automotive V2X Market Report 2021 - COVID-19 Growth And Change

Automotive V2X Global Market Report 2021 – COVID-19 Growth And Change

The Business Research Company’s Automotive V2X Global Market Report 2021 – COVID-19 Growth And Change

LONDON, GREATER LONDON, UK, November 9, 2021 / — Growing technological advancements such as LTE-V2X technology are a key trend gaining popularity in the automotive V2X market. LTE-V2X technology is an innovative information and communication technology that is used in road transportation systems to allow information to be exchanged between vehicles, humans, networks, and infrastructure. Major companies operating in the automotive V2X sector are focused on developing LTE-V2X technology to strengthen their position. For instance, in 2019, Qualcomm, a US-based semiconductor company launched a Snapdragon automotive 4G platform, which is a 6th generation multimode LTE modem with integrated V2X technology used for automotive vehicles. Vehicle-to-vehicle (V2V) and vehicle-to-roadside infrastructure (V2I) communications for safety, high bandwidth, and low latency teleoperations, Precision location, and multi-gigabit cloud connectivity are all advantages of these platforms.

TBRC’s global automotive V2X market report is segmented by technology into emergency vehicle notification, automated driver assistance, passenger information system, line of sight, others, by vehicle type into passenger cars, commercial vehicles, by connectivity into DSRC, cellular, by communication into vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), vehicle-to-grid (V2G), vehicle-to-cloud (V2C), vehicle-to device (V2D).

Read More On The Global Automotive V2X Market Report:

The global automotive V2X market size is expected to grow from $0.52 billion in 2020 to $0.62 billion in 2021 at a compound annual growth rate (CAGR) of 19.7%. The growth of the automotive V2X market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The automotive V2X market is expected to reach $2.26 billion in 2025 at a CAGR of 38.2%.

Major players covered in the global automotive V2X market are Autotalks Ltd., Continental AG, Denso Corporation, Harman International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies Inc., Robert Bosch, Cohda Wireless, STMicroelectronics, TE Connectivity Ltd., Qorvo Inc., Ford Motor Company, Danlaw Inc., and Amphenol Corporation.

North America was the largest region in the automotive V2X market in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period.

The regions covered in the automotive V2X market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Automotive V2X Global Market Report 2021 – By Technology (Emergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line of Sight), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Connectivity (DSRC, Cellular), By Communication (Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Pedestrian (V2P), Vehicle-To-Grid (V2G), Vehicle-To-Cloud (V2C), Vehicle-To Device (V2D)), COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides automotive V2X global market overview, forecast automotive V2X global market size and growth for the whole market, automotive V2X global market segments, and geographies, automotive V2X market trends, automotive V2X market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Request For A Sample Of The Global Automotive V2X Market Report:

Here Is A List Of Similar Reports By The Business Research Company:
Automotive Airbags Silicone Global Market Report 2021 – By Airbag Type (Cut-and-Sewn Seam-Sealed (CSSS), One-Piece-Woven (OPW)), By Airbag Position (Front, Knee, Curtain/Side), By Vehicle Type (Passenger Cars, LCV, HCV), COVID-19 Impact And Recovery

Automotive Equipment Leasing Global Market Report 2021 – By Type (Passenger Car Rental, Passenger Car Leasing, Truck, Utility Trailer, And RV (Recreational Vehicle) Rental And Leasing), By Mode (Online, Offline), COVID-19 Impact And Recovery

Automotive Heat Shield Global Market Report 2021 – By Material Type (Metallic, Non-Metallic), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), By Product Type (Single Shell, Double Shell, Sandwich), By Application (Exhaust System Heat Shield, Turbocharger Heat Shield, Under Bonnet Heat Shield, Engine Compartment Heat Shield, Under Chassis), By Sales Channel (OEM, Aftermarket), COVID-19 Impact And Recovery

Interested to know more about The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.

Read more about us at

Or get a quick glimpse of our services here:

Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

The Business Research Company
Follow us on LinkedIn:
Follow us on Twitter:
Check out our Blog:

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
Visit us on social media:

Leave a Reply

Your email address will not be published. Required fields are marked *