V2X Market for Automotive Worth 99.55 Billion USD by 2025

The report "V2X Market for Automotive by Communication Type (V2C, V2D, V2G, V2P, V2V and V2I), Offering Type (Hardware and Software), Connectivity Type (DSRC and Cellular), Propulsion Type (ICE and EV), Technology Type, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is projected to grow at a CAGR of 17.61% from 2017 to 2025, to reach a market size of USD 99.55 Billion by 2025 from USD 27.19 Billion in 2017. The major factors driving the growth of the V2X Market are the rising demand for real-time traffic and incident alerts for increasing public safety, increase in government funds for better traffic management, and the development of connected vehicles.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 62 market data Tables and 54 Figures spread through 168 Pages and in-depth TOC on "V2X Market for Automotive - Global Forecast to 2025"

https://www.marketsandmarkets.com/Market-Reports/automotive-vehicle-to-everything-v2x-market-90013236.html

Early buyers will receive 10% customization on this report 

Automated driver assistance-A high growth potential market 

The automated driver assistance segment of the V2X Market is expected to witness the highest growth during the forecast period. V2X communication offers features such as intersection collision warning, obstacle detection, lane change assistance, lane departure warning, rollover warning, road departure warning, forward collision warning, rear impact warning, and safety margin for assistance vehicles. The increasing demand for these features is expected to drive the growth of the automotive V2X Market in automated driver assistance.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=90013236

Electric vehicle-Promising vehicle segments for V2X technology 

The electric vehicle segment is expected to witness the highest growth in the V2X Market during the forecast period. In 2017, Toyota Prius is the only EV model that has vehicle-to-vehicle communication technology. The cars can communicate up to 300 m (nearly 1000 feet) in a 360-degree radius.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=90013236

North America: Largest market for V2X Market 

North America is estimated to be the largest V2X Market during the forecast period. The market growth in the region can be attributed to better infrastructure and high income, favorable policies and regulations by the government, and need for a better and effective transportation system. The European region is estimated to be the second largest V2X Market for automotive during the forecast period. The increasing concerns about the safety of travelers and vehicles on the road have led to the adoption of V2X technology by the European Transport Safety Council (ETSC). The increasing demand for V2X systems with telematics applications is expected to drive the market in this region.

The report profiles all major players in the V2X Market, including Continental (Germany), Qualcomm (US), Delphi Automotive (UK), NXP Semiconductors (Netherlands), and Robert Bosch (Germany). The report also covers a comprehensive study of the key vendors operating in the V2X Market. The evaluation of these vendors has been done by considering various factors such as product development, R&D expenditure, business strategies, and product revenue.

Browse Related Reports 

Automotive IoT Market by Offering (Hardware, Software, Service), Connectivity Form Factor (Embedded, Tethered, Integrated), Communication Type (In-Vehicle, Vehicle-to-Vehicle, Vehicle-to-Infrastructure) Application, & Geography - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/automotive-iot-market-27200094.html

Intelligent Transportation System Market by Roadway (Hardware, Software, & Services), Aviation Tool (Kiosk, Multi-User Flight Information Display, and Smart Gate System), Railway, Maritime, Protocol, Application, and Geography-Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/intelligent-transport-systems-its-market-764.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/automotive-and-transportation

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets