V2X (Vehicle to everything) Technology is collective term to incorporate numerous other specific types of vehicle communication systems, such as V2V, V2P, V2D. The main aim of Automotive V2X is to improve the road safety, energy savings and regulation in traffic congestion.
According to the recent data published by National Highway Traffic Safety Administration, after the implementation of V2V communication, to connect the vehicles with each other there has been significant reduction of about 13% which resulted in 493,000 lesser crashes.
Request for Free Sample Copy of Automotive V2X Market Report@https://www.persistencemarketresearch.com/samples/31625
Key Companies-
V2X (Vehicle to everything) Technology Market: Market Participants
The key manufacturers for V2X (Vehicle to everything) Technology identified across the value chain are listed below:
- Infineon Technologies AG
- Robert Bosch GmbH
- Continental AG
- Cisco Systems Inc.
- Delphi Automotive PLC
- Tomtom N.V.
- Qualcomm Technologies, Inc.
- Sasken Technologies Ltd.
- Ficosa International S.A.
- Commsignia Ltd.
- Savari, Inc.
- Vector Informatik GmbH
- ROHDE & SCHWARZ GmbH & Co. KG
- Danlaw, Inc.
Automotive V2X Market: Dynamics
The intense usage of vehicle and inception of high end vehicles has subsequently increased which is anticipated to develop the market for V2X (Vehicle to everything) technology in the global market through forecast years in the market.
The main purpose of V2X system is providing better passenger safety and regulation and efficient traffic. To serve this purpose and to inculcate more safety and comfort in driving automobile manufacturers like general motors and Toyota have already manufactured and introduced some of their vehicles with V2X (Vehicle to everything) technology for the vehicles in North America and Japan.
However, the real pathbreaker come in favor of V2X (Vehicle to everything) Technology is number of manufacturers such as Jaguar, Daimler, Ford, Land Rover, Geely, SAIC, Audi and BMW have started to support and push for the demonstrations and field trials for the development and inculcation of the technology in their vehicles and emerge as a pioneers in the division in order to bolster their sales in the global market.
Although, high initial cost and implementation only in the high end models and vehicles, less awareness about benefits of the technology is anticipated to limit the potential growth in the coming years for the market.
On the basis of Technology
- Vehicle to Vehicle (V2V) System
- Vehicle to Grid (V2G) System
- Vehicle to Device (V2D) System
- Vehicle to network (V2N) System
- Vehicle to Pedestrian (V2P) System
- Vehicle to Infrastructure (V2I) System
On the basis of Product Type
- Hardware V2X (Vehicle to everything) Technology
- Software V2X (Vehicle to everything System) Technology
On the basis of Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
- Electric Vehicle
On the basis of Unit Type
- On Board Unit
- Roadside (Off Board) Unit
On the basis of Connectivity Medium
- Cellular Network
- Dedicated short-range communication (DSRC)
- WLAN-based V2X
On the basis of Application
- Parking management system
- Automated Driver Assistance (ADAS)
- Fleet management
- Passenger Information System
- Vehicle Notification
- Others
Buy Now this Report@https://www.persistencemarketresearch.com/checkout/31625
Automotive V2X Market: Regional Overview
Automotive V2X Market of Europe is anticipated to procure noteworthy traction in the forecast years with changes in the regulatory norms in the European Union region. Elevated traction towards Intelligent Transport System (ITS) in U.S. is anticipated to propel the demand for Automotive V2X in North America region.
The countries in East Asia such as China with substantial vehicle fleet are trying to regulate their traffic and are also working to improve safety standards for passenger. To minimize these aforementioned problems and reduce its transportation challenges the country is expected to fuel up sales of Automotive V2X Market in the region.
To effectively work and augment the adoption of Automotive V2X Chinese NDRC (National Development and Reform Commission) aims for 90% of network coverage in the market by end of 2020. Also numerous manufacturers in the market of China are likely to push the swift growth in the market. The market of South Asia is anticipated to progress with steady though sluggish growth as less awareness amongst consumers in regards with Intelligent Transport System (ITS).
About us: –
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact Us:
Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]
Germany Office:
Persistence Market Research
Potsdamer Platz 10 Haus 2, 5th Floor Berlin,
Germany 10785
Call +1 888-863-4084