V2X Communication Market Competitive Analysis by Top Key Players with its Application, Product Types and Segmentation Forecast Report 2018-2026

V2X Communication Market Overview:

The V2X Communication Market Report released and promoted by CMI draw out historical, existing, and forecast valuation of the V2X Communication industry till 2026. The report highlights the market essentials, opportunities, regional market, Emerging Growth Factors, market challenges, forecast and competitors joined with their market share. The fundamental purpose of V2X Communication Market report is to provide an appropriate and strategic analysis of the V2X Communication industry.

Market Dynamics:

Rising concerns regarding safety has led to adoption of connected vehicles and this is a major factor driving growth of the market. Connected vehicles are equipped with communication systems, which aids in reducing the risk of an accident.

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The V2X Communication Market structure covers the value chain, player categories, product ranges, key players’ presence across products and end user segments of the market. The report also provides a snapshot of key competition, market trends with forecast over the next 5-8 years, anticipated growth rates and the principal factors driving and impacting growth market data and analytics are derived from a combination of primary and secondary sources.

The research process involved the study of various factors affecting the industry, including the government policy, market situation, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.

Top merchant analysis is one of the key component and is exceptionally helpful for each player to comprehend focused scene in the market. Major key companies present in V2X Communication market report are: Continental AG, Volkswagen AG, Toyota Motor Corporation, General Motors Company, Qualcomm, NXP Semiconductors N.V., Robert Bosch GmbH, Tomtom NV, Savari Inc., Cisco Systems Inc., Infineon Technologies AG, and Denso Corporation. 

V2X Communication Market report is the believable source for gaining the market research that will exponentially accelerate your business. Additionally, it Presents new task SWOT examination, speculation attainability investigation, and venture return investigation.

Market Factors Analysis:

Market driver:

  • Increasing market invasion of new technologies
  • For a full detailed, view our report

Market challenge:

  • Challenges in V2X Communication applications
  • For a full detailed, view our report

Market trend:

  • Rising demand for V2X Communication in the market
  • For a full detailed, view our report

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In the end, V2X Communication Market Report delivers a conclusion which includes Research Findings, Market Size Estimation, Market Share, Consumer Needs/Customer Preference Change, Data Source. These factors will increase business overall.

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V2X Communication Market Analysis On Prime Factors Ensuring Rapid Growth: Analysis By World’s Top Key Players to 2026

Coherent Market Insights has recently updated its massive report catalogue by adding a fresh study titled “Global V2X Communication Market Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for V2X Communication Market. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

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This report on the V2X Communication Market market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the wellness programs and services for corporate companies and new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides overall information and data analysis of the global V2X Communication Market market regarding leading market segments based on service type and regions.

Market Dynamics –Rising concerns regarding safety has led to adoption of connected vehicles and this is a major factor driving growth of the market. Connected vehicles are equipped with communication systems, which aids in reducing the risk of an accident.

Geographically, V2X Communication Market market report 2018-2026 provides a detailed analysis of major regions such as North America, Europe, Asia Pacific, South America & the Middle East and Africa. V2X Communication Market market analysis is provided for the international market including development history, competitive landscape analysis, and major regional development status, segmentations with product type and application.

V2X Communication Market market report covers types, applications, Vendors, production, consumption, sales, revenue, market share, gross margin, cost, gross, market share, CAGR, imports & exports, and market influencing factors.

This research study covers V2X Communication Market Market competition by top manufacturers, with production, price, and revenue (value) and market share. Major Participants Included in V2X Communication Market Market are, Continental AG, Volkswagen AG, Toyota Motor Corporation, General Motors Company, Qualcomm, NXP Semiconductors N.V., Robert Bosch GmbH, Tomtom NV, Savari Inc., Cisco Systems Inc., Infineon Technologies AG, and Denso Corporation. 

In the end, the report makes some important proposals for a new project of V2X Communication Market Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.

  • V2X Communication Market driver
  • V2X Communication Market challenge
  • V2X Communication Market trend

Market Taxonomy:

On basis of the communication type, the market is segmented into:

  • Vehicle-to-Cloud (V2C)
  • Vehicle-to-Device (V2D)
  • Vehicle-to-Grid (V2G)
  • Vehicle-to-Pedestrian (V2P)
  • Vehicle-to-Vehicle (V2V)
  • Vehicle-to-Infrastructure (V2I)
  • Vehicle-to-Host (V2H)
  • Vehicle-to-Network (V2N)

On basis of the offering type, the market is segmented into:

  • Hardware
  • Software

On basis of the connectivity type, the market is segmented into:

  • Dedicated Short Range Communications (DSRC)
  • Cellular

On basis of the vehicle type, the market is segmented into:

  • Passenger Cars
  • Commercial Vehicles

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What V2X Communication Market Market Research Offers:

  • Global V2X Communication Market industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
  • V2X Communication Market Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
  • V2X Communication Market market provides manufacturers with basic information, product category, sales revenue, price, and gross margin (2018-2026)
  • V2X Communication Market market forecasts for a minimum of 6 to 8 years of all the mentioned segments
  • Supply chain trends mapping the latest technological advancements
  • Strategic for the new entrants in the V2X Communication Market market
  • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
  • Company profiling with detailed strategies, financials, and recent developments

TOC of V2X Communication Market Market Report Covered: Market research methodology, Opportunity in the market, Market landscape, Market segmentation by type, Geographical Segmentation, Market drivers, Market challenges, Market trends, V2X Communication Market market Vendors landscape, List of Exhibits

V2X Communication Market provides an in-depth insight of Sales and Trends Forecast to 2026

V2X Communication Market reports cover complete modest view with the market stake and company profiles of the important contestants working in the worldwide market. The V2X Communication market offers a summary of product specification, production analysis, technology, product type, considering key features such as gross, gross margin, revenue, cost. The report enlists several important factors, starting from the basics to advanced Market intelligence which play a crucial part in strategizing.

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Rising concerns regarding safety has led to adoption of connected vehicles and this is a major factor driving growth of the market. Connected vehicles are equipped with communication systems, which aids in reducing the risk of an accident.

V2X Communication Market research study provides key statistics on the Market status of the V2X Communication manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the V2X Communication industry. The report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the Market. V2X Communication Market report analyses the Market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and Market demand and supply scenarios.

In the end, the report makes some important proposals for a new project of V2X Communication Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.
• V2X Communication driver
• V2X Communication challenge
• V2X Communication trend

There are Multiple Chapter to display the Global V2X Communication Market some of them As Follow:

Chapter 1, Definition, Specifications, Classification, Applications of V2X Communication Market Segment by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of V2X Communication, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes United States, China, Europe, Japan, Korea & Taiwan, V2X Communication Segment Market Analysis (by Type);
Chapter 7 and 8, The V2X Communication Segment Market Analysis (by Application) Major Manufacturers Analysis
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Natural preservative, Chemical preservative, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global V2X Communication;
Chapter 12, V2X Communication Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, V2X Communication sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Major Key Players Involved In The V2X Communication Market Report Are: Continental AG, Volkswagen AG, Toyota Motor Corporation, General Motors Company, Qualcomm, NXP Semiconductors N.V., Robert Bosch GmbH, Tomtom NV, Savari Inc., Cisco Systems Inc., Infineon Technologies AG, and Denso Corporation. 

Major Question Answered in V2X Communication market report:
• What will the market size be in 2026 and what will the growth rate be?
• What are the key market trends and growth drivers?
• What are the new project investment feasibilities?
• How does the market relate to the overall economy, demography and other similar markets?
• What is the regional supply/demand, import/export, capacity, production, production value?
• What are the challenges faced by key players in this market?
• What forces will shape the market going forward?
• What Strategies are the market players adopting to ensure sustainability?
• How market is categorized and which are the leading segments? Which region or country is driving demand?

V2X Communication Market Entry Strategies, Countermeasures of Economic Impact Channels to 2026

Vehicle-to-everything (V2X) is the technology, which enables cars to communicate with their surroundings by passing the information from one vehicle to other vehicle or any object and vice versa. It is a vehicular communication system that includes different types of communication systems such as V2I (Vehicle-to-Infrastructure), V2V (Vehicle-to-vehicle), V2P (Vehicle-to-Pedestrian), V2D (Vehicle-to-device), V2G (Vehicle-to-grid), V2H (Vehicle-to-home), V2N (Vehicle-to-Network), and V2C (Vehicle-to-Cloud).

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Rising concerns regarding safety is the major factor driving growth of the global V2X communication market

Rising concerns regarding safety has led to adoption of connected vehicles and this is a major factor driving growth of the market. Connected vehicles are equipped with communication systems, which aids in reducing the risk of an accident. Communication systems in vehicles deliver a definite information of traffic situation across the road network. Moreover, it helps in obtaining information of traffic flows and in turn aids in reducing vehicles congestion. This also reduces the possibility of road accidents. For instance, according to World Health Organization (WHO), an estimated 1.25 million road accidents occurred globally in 2013. Therefore, people are increasingly concerned and cautious regarding road safety, which is expected to aid in growth of the global V2X communication market.

Passenger cars segment is expected to dominate and hold the largest market share over the forecast period

Passenger cars is expected to account for the largest share in the global V2X market during the forecast period. Increasing GDP is a factor expected to drive growth of passenger cars segment. For instance, according to the World Bank Group, GDP per capita has increased globally from US$ 9,509.4 in 2010 to US$ 10,150.8 in 2016. This is an indicator of increasing standard of living, which has significant impact on affordability and expenditure on luxury vehicles. These luxury cars are pre-fitted with advanced embedded systems, which includes collision warning systems, blind spot warning systems, emergency electric brake warning systems, and intersection movement assists, among others. This, in turn, is expected to lead to high growth of the global V2X market.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/v2x-communication-market-1467

Global V2X Communication Market: Regional Insights

North America market is estimated to account for the largest market share in 2017. The U.S. and Canada are the major growth engines in North America market. This growth is owing to increasing initiatives by the U.S. government towards improvement of traffic within the country accounting for the safety aspect. For instance, the America’s Surface Transportation Act or ‘FAST Act’ was passed in 2015, in order to enhance the transportation within the country, improve working efficiencies in transportation systems & commercial vehicles, and minimize vehicle emissions. This is expected to positively affect growth of the market.

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Global V2X Communication Market: Competitive Background

Major players operating in the V2X communication market are Continental AG, Volkswagen AG, Toyota Motor Corporation, General Motors Company, Qualcomm, NXP Semiconductors N.V., Robert Bosch GmbH, Tomtom NV, Savari Inc., Cisco Systems Inc., Infineon Technologies AG, and Denso Corporation.

V2X Communication Market Set for Rapid Growth and Trend To 2026

Vehicle-to-everything (V2X) is the technology, which enables cars to communicate with their surroundings by passing the information from one vehicle to other vehicle or any object and vice versa. It is a vehicular communication system that includes different types of communication systems such as V2I (Vehicle-to-Infrastructure), V2V (Vehicle-to-vehicle), V2P (Vehicle-to-Pedestrian), V2D (Vehicle-to-device), V2G (Vehicle-to-grid), V2H (Vehicle-to-home), V2N (Vehicle-to-Network), and V2C (Vehicle-to-Cloud).

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1467

Rising concerns regarding safety is the major factor driving growth of the global V2X communication market

Rising concerns regarding safety has led to adoption of connected vehicles and this is a major factor driving growth of the market. Connected vehicles are equipped with communication systems, which aids in reducing the risk of an accident. Communication systems in vehicles deliver a definite information of traffic situation across the road network. Moreover, it helps in obtaining information of traffic flows and in turn aids in reducing vehicles congestion. This also reduces the possibility of road accidents. For instance, according to World Health Organization (WHO), an estimated 1.25 million road accidents occurred globally in 2013. Therefore, people are increasingly concerned and cautious regarding road safety, which is expected to aid in growth of the global V2X communication market.

Limited functionality of sensors is expected to restrain growth of the market

Major factor expected to restrain the market growth is limited functionality of sensors used in the V2X communication. V2X communication is dependent on sensors, microcontrollers, and semiconductors for its functioning. Sensors are responsible for detecting the information and convey the information to an Electronic Control Unit (ECU). This ECU, processes the data through an algorithm, and helps in assisting the driver by providing information related to traffic, pedestrian, and road condition, among others. However, these sensors have limited functionality, and this factor is expected to negatively impact of market growth.

Moreover, building a secure system with certified privacy, authenticity, and security for all types of V2X communication is also a major challenge faced by vendors in the market.

Passenger cars segment is expected to dominate and hold the largest market share over the forecast period

Passenger cars is expected to account for the largest share in the global V2X market during the forecast period. Increasing GDP is a factor expected to drive growth of passenger cars segment. For instance, according to the World Bank Group, GDP per capita has increased globally from US$ 9,509.4 in 2010 to US$ 10,150.8 in 2016. This is an indicator of increasing standard of living, which has significant impact on affordability and expenditure on luxury vehicles. These luxury cars are pre-fitted with advanced embedded systems, which includes collision warning systems, blind spot warning systems, emergency electric brake warning systems, and intersection movement assists, among others. This, in turn, is expected to lead to high growth of the global V2X market.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/v2x-communication-market-1467

Advent of autonomous vehicles is expected to be the major growth opportunity

Advent of autonomous vehicle creates a growth opportunity for key players in the global vehicle-to-everything market. For instance, according to IHS Markit—an automotive database provider— the global autonomous vehicles sales is expected to surpass 600,000 units by 2025, increasing at a CAGR of 43% between 2025 and 2035. Furthermore, according to IHS Markit, autonomous vehicle sales in China is expected to reach around 5.7 million by 2035 and in the U.S. to around 4.5 million vehicles.

Key players in the automotive industry are focusing on offering enhanced safety features in their vehicles. For instance, Volkswagen Arteon comprises safety features including front airbag, knee airbag, side head airbag, side chest airbag, and child protection system. This car is rated 85% for pedestrian safety and 82% for safety assistant, by The European New Car Assessment Programme, in 2018, which is the highest rated car for pedestrian safety in 2018.

However, increase in autonomous vehicle sales is expected to further create a growth opportunity for global vehicle-to-everything market over the forecast period.

Global V2X Communication Market: Regional Insights

North America market is estimated to account for the largest market share in 2017. The U.S. and Canada are the major growth engines in North America market. This growth is owing to increasing initiatives by the U.S. government towards improvement of traffic within the country accounting for the safety aspect. For instance, the America’s Surface Transportation Act or ‘FAST Act’ was passed in 2015, in order to enhance the transportation within the country, improve working efficiencies in transportation systems & commercial vehicles, and minimize vehicle emissions. This is expected to positively affect growth of the market.

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Global V2X Communication Market: Competitive Background

Major players operating in the V2X communication market are Continental AG, Volkswagen AG, Toyota Motor Corporation, General Motors Company, Qualcomm, NXP Semiconductors N.V., Robert Bosch GmbH, Tomtom NV, Savari Inc., Cisco Systems Inc., Infineon Technologies AG, and Denso Corporation.

Rapid Expansion Projected for V2X Communication Market by 2026 

Vehicle-to-everything (V2X) is the technology, which enables cars to communicate with their surroundings by passing the information from one vehicle to other vehicle or any object and vice versa. It is a vehicular communication system that includes different types of communication systems such as V2I (Vehicle-to-Infrastructure), V2V (Vehicle-to-vehicle), V2P (Vehicle-to-Pedestrian), V2D (Vehicle-to-device), V2G (Vehicle-to-grid), V2H (Vehicle-to-home), V2N (Vehicle-to-Network), and V2C (Vehicle-to-Cloud).

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1467

Rising concerns regarding safety is the major factor driving growth of the global V2X communication market

Rising concerns regarding safety has led to adoption of connected vehicles and this is a major factor driving growth of the market. Connected vehicles are equipped with communication systems, which aids in reducing the risk of an accident. Communication systems in vehicles deliver a definite information of traffic situation across the road network. Moreover, it helps in obtaining information of traffic flows and in turn aids in reducing vehicles congestion. This also reduces the possibility of road accidents. For instance, according to World Health Organization (WHO), an estimated 1.25 million road accidents occurred globally in 2013. Therefore, people are increasingly concerned and cautious regarding road safety, which is expected to aid in growth of the global V2X communication market.

Limited functionality of sensors is expected to restrain growth of the market

Major factor expected to restrain the market growth is limited functionality of sensors used in the V2X communication. V2X communication is dependent on sensors, microcontrollers, and semiconductors for its functioning. Sensors are responsible for detecting the information and convey the information to an Electronic Control Unit (ECU). This ECU, processes the data through an algorithm, and helps in assisting the driver by providing information related to traffic, pedestrian, and road condition, among others. However, these sensors have limited functionality, and this factor is expected to negatively impact of market growth.

Moreover, building a secure system with certified privacy, authenticity, and security for all types of V2X communication is also a major challenge faced by vendors in the market.

Passenger cars segment is expected to dominate and hold the largest market share over the forecast period

Passenger cars is expected to account for the largest share in the global V2X market during the forecast period. Increasing GDP is a factor expected to drive growth of passenger cars segment. For instance, according to the World Bank Group, GDP per capita has increased globally from US$ 9,509.4 in 2010 to US$ 10,150.8 in 2016. This is an indicator of increasing standard of living, which has significant impact on affordability and expenditure on luxury vehicles. These luxury cars are pre-fitted with advanced embedded systems, which includes collision warning systems, blind spot warning systems, emergency electric brake warning systems, and intersection movement assists, among others. This, in turn, is expected to lead to high growth of the global V2X market.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/v2x-communication-market-1467

Advent of autonomous vehicles is expected to be the major growth opportunity

Advent of autonomous vehicle creates a growth opportunity for key players in the global vehicle-to-everything market. For instance, according to IHS Markit—an automotive database provider— the global autonomous vehicles sales is expected to surpass 600,000 units by 2025, increasing at a CAGR of 43% between 2025 and 2035. Furthermore, according to IHS Markit, autonomous vehicle sales in China is expected to reach around 5.7 million by 2035 and in the U.S. to around 4.5 million vehicles.

Key players in the automotive industry are focusing on offering enhanced safety features in their vehicles. For instance, Volkswagen Arteon comprises safety features including front airbag, knee airbag, side head airbag, side chest airbag, and child protection system. This car is rated 85% for pedestrian safety and 82% for safety assistant, by The European New Car Assessment Programme, in 2018, which is the highest rated car for pedestrian safety in 2018.

However, increase in autonomous vehicle sales is expected to further create a growth opportunity for global vehicle-to-everything market over the forecast period.

Global V2X Communication Market: Regional Insights

North America market is estimated to account for the largest market share in 2017. The U.S. and Canada are the major growth engines in North America market. This growth is owing to increasing initiatives by the U.S. government towards improvement of traffic within the country accounting for the safety aspect. For instance, the America’s Surface Transportation Act or ‘FAST Act’ was passed in 2015, in order to enhance the transportation within the country, improve working efficiencies in transportation systems & commercial vehicles, and minimize vehicle emissions. This is expected to positively affect growth of the market.

Request for Cutomization @ https://www.coherentmarketinsights.com/insight/request-customization/1467

Global V2X Communication Market: Competitive Background

Major players operating in the V2X communication market are Continental AG, Volkswagen AG, Toyota Motor Corporation, General Motors Company, Qualcomm, NXP Semiconductors N.V., Robert Bosch GmbH, Tomtom NV, Savari Inc., Cisco Systems Inc., Infineon Technologies AG, and Denso Corporation.

V2X Communication Market Best Productivity Supply Chain Relationship, Development by 2026

Vehicle-to-everything (V2X) is the technology, which enables cars to communicate with their surroundings by passing the information from one vehicle to other vehicle or any object and vice versa. It is a vehicular communication system that includes different types of communication systems such as V2I (Vehicle-to-Infrastructure), V2V (Vehicle-to-vehicle), V2P (Vehicle-to-Pedestrian), V2D (Vehicle-to-device), V2G (Vehicle-to-grid), V2H (Vehicle-to-home), V2N (Vehicle-to-Network), and V2C (Vehicle-to-Cloud).

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1467

Rising concerns regarding safety is the major factor driving growth of the global V2X communication market

Rising concerns regarding safety has led to adoption of connected vehicles and this is a major factor driving growth of the market. Connected vehicles are equipped with communication systems, which aids in reducing the risk of an accident. Communication systems in vehicles deliver a definite information of traffic situation across the road network. Moreover, it helps in obtaining information of traffic flows and in turn aids in reducing vehicles congestion. This also reduces the possibility of road accidents. For instance, according to World Health Organization (WHO), an estimated 1.25 million road accidents occurred globally in 2013. Therefore, people are increasingly concerned and cautious regarding road safety, which is expected to aid in growth of the global V2X communication market.

Limited functionality of sensors is expected to restrain growth of the market

Major factor expected to restrain the market growth is limited functionality of sensors used in the V2X communication. V2X communication is dependent on sensors, microcontrollers, and semiconductors for its functioning. Sensors are responsible for detecting the information and convey the information to an Electronic Control Unit (ECU). This ECU, processes the data through an algorithm, and helps in assisting the driver by providing information related to traffic, pedestrian, and road condition, among others. However, these sensors have limited functionality, and this factor is expected to negatively impact of market growth.

Moreover, building a secure system with certified privacy, authenticity, and security for all types of V2X communication is also a major challenge faced by vendors in the market.

Passenger cars segment is expected to dominate and hold the largest market share over the forecast period

Passenger cars is expected to account for the largest share in the global V2X market during the forecast period. Increasing GDP is a factor expected to drive growth of passenger cars segment. For instance, according to the World Bank Group, GDP per capita has increased globally from US$ 9,509.4 in 2010 to US$ 10,150.8 in 2016. This is an indicator of increasing standard of living, which has significant impact on affordability and expenditure on luxury vehicles. These luxury cars are pre-fitted with advanced embedded systems, which includes collision warning systems, blind spot warning systems, emergency electric brake warning systems, and intersection movement assists, among others. This, in turn, is expected to lead to high growth of the global V2X market.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/v2x-communication-market-1467

Advent of autonomous vehicles is expected to be the major growth opportunity

Advent of autonomous vehicle creates a growth opportunity for key players in the global vehicle-to-everything market. For instance, according to IHS Markit—an automotive database provider— the global autonomous vehicles sales is expected to surpass 600,000 units by 2025, increasing at a CAGR of 43% between 2025 and 2035. Furthermore, according to IHS Markit, autonomous vehicle sales in China is expected to reach around 5.7 million by 2035 and in the U.S. to around 4.5 million vehicles.

Key players in the automotive industry are focusing on offering enhanced safety features in their vehicles. For instance, Volkswagen Arteon comprises safety features including front airbag, knee airbag, side head airbag, side chest airbag, and child protection system. This car is rated 85% for pedestrian safety and 82% for safety assistant, by The European New Car Assessment Programme, in 2018, which is the highest rated car for pedestrian safety in 2018.

However, increase in autonomous vehicle sales is expected to further create a growth opportunity for global vehicle-to-everything market over the forecast period.

Global V2X Communication Market: Regional Insights

North America market is estimated to account for the largest market share in 2017. The U.S. and Canada are the major growth engines in North America market. This growth is owing to increasing initiatives by the U.S. government towards improvement of traffic within the country accounting for the safety aspect. For instance, the America’s Surface Transportation Act or ‘FAST Act’ was passed in 2015, in order to enhance the transportation within the country, improve working efficiencies in transportation systems & commercial vehicles, and minimize vehicle emissions. This is expected to positively affect growth of the market.

Request for Cutomization @ https://www.coherentmarketinsights.com/insight/request-customization/1467

Global V2X Communication Market: Competitive Background

Major players operating in the V2X communication market are Continental AG, Volkswagen AG, Toyota Motor Corporation, General Motors Company, Qualcomm, NXP Semiconductors N.V., Robert Bosch GmbH, Tomtom NV, Savari Inc., Cisco Systems Inc., Infineon Technologies AG, and Denso Corporation.