V2X for Automotive Market is forecasted to grow at 17.95% for 2019 to 2026 with factors such as lack of proper infrastructure and high cost of the V2X to hamper the market growth.
V2X for automotive market has shown a significant adoption rate and preferences from the North America region with countries such as the U.S. and Canada. Availability of better infrastructure and favorable regulations & policies by government is expected to further the adoption and demand rate for V2X for automotive.
According to Data Bridge Market Research the V2X for automotive market in developing regions is witnessing a growth in terms of its adoption rate because of growing demand for real- time traffic and incidents alerts and rising concern regarding public safety. Rising adoption of connected devices worldwide will also affect the market growth. On the other hand, government is taking many initiatives for better traffic management which will also accelerate the market growth in the forecast period of 2020- 2027.
Now the question is which are the regions that V2X for automotive market players should target? Data Bridge Market Research has forecasted market leaders to target North America’s developing regions to help them in attaining better volume of revenue generation.
V2X for automotive market is becoming more competitive every year with software currently being the largest market offering type for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the V2X for automotive market.
For more analysis on the V2X for automotive market, request for a briefing with our analysts https://www.databridgemarketresearch.com/reports/global-v2x-for-automotive-market
HARMAN International announced the launch of their Dual-Mode V2X system in June 2019 which is specially designed so it can increase the automotive safety. The modular telematics system includes both software and hardware, and connects to DSRC and cellular Vehicle-to-Everything (C-V2X) networks, eliminating the guesswork of various security system configurations.
Cohda Wireless announced the launch of their new hardware solution Cohda’s MK6C Evaluation Kit in July 2019 which is specially designed so that it can be used for Cellular V2X (C-V2X) applications. This new launch uses the Qualcomm 9150 C-V2X Platform and also offers high-quality and compliant C-V2X technology to enable direct communication for vehicle-to-vehicle (V2V), V2P applications and V2I.
The Global V2X For Automotive Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).
All country based analysis of the V2X for automotive market is further analysed based on maximum granularity into further segmentation. On the basis of communication type, the V2X for automotive market is segmented into vehicle-to-cloud, vehicle-to-pedestrian, vehicle-to-grid, vehicle-to-infrastructure, vehicle-to-vehicle and vehicle-to-device. The connectivity type is divided into DSCRC connectivity and cellular connectivity. On the basis of offering type, the V2X for automotive is segmented into software and hardware. On the basis of propulsion, the V2X for automotive market is segmented into electrical vehicle and internal combustion engine vehicle. The V2X for automotive market is also segmented into technology as automated driver assistance, intelligent traffic system, emergency vehicle notification, passenger information system, fleet & asset management, parking management system, line of sight, non-line of sight and backing.
V2X is a technology which is specially designed so that vehicles can communicate with environment. They are very helpful as they can enhance traffic management and also decreases the chances of accidents. Usually, these systems use wireless systems to communicate with the vehicle. They also have the ability to provide essential information to the driver associated with the weather, road conditions, congestion, traffic jams, and other.
To know more about the study https://www.databridgemarketresearch.com/reports/global-v2x-for-automotive-market
Key Pointers Covered in the V2X for Automotive Market Industry Trends and Forecast to 2026
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of V2X for automotive companies, contact us https://www.databridgemarketresearch.com/reports/global-v2x-for-automotive-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Global Automotive Intelligent Park Assist Systems Market – Industry Trends and Forecast to 2026
Global Automotive Lighting Market – Industry Trends and Forecast to 2026
Browse in Automotive Related Reports@ https://www.databridgemarketresearch.com/report-category/automotive/
Global V2X for Automotive Market – Industry Trends and Forecast to 2026