Market World Automotive Vehicle-to-Everything Market | страница 3

The need for safety in Commercial vehicle is high due to more travel time that will drive the automotive V2X
market. The growth rate will be 30% in this segment over the forecasted period.
Regional Insights
It is estimated that North America will have largest market share in automotive V2X market. Canada and U.S. in
this region will adopt technology with ease due to its infrastructure and technological advancement. This region
has approx. 26% of population of world running on road. High rate of greenhouse emission and traffic
congestion are serious issues in this region. The implementation of V2X system will act as solution to these
problems acting as important driver for growth of this market.
The automotive industry in Europe is governed by rigorous safety and emission norms. Features such as cruise
control, blind spot detection and lane assist uses V2V communication and will enable growth of automotive V2X
market in future.
Competitive Insights
At present the companies that have made great technological advancement dominate the market. Strong global
presence and diversified product portfolio are two factor to hold their market share in automotive V2X industry.
Delphi Automotive PLC (U.k), Continental AG of Germany, Qualcomm Inc of U.S, Cisco Systems are some major
players in market among others. Different vendors offer different products and services. Mergers and
acquisition will help them to cover large market share. In 2016, SAIC motors have signed an agreement with
Savari Inc to manufacture and distribute V2X solution in China and ASEAN countries.
Market Segment:
Automotive V2X Communication Type Outlook (Revenue, USD Million; 2014 - 2025)
• Vehicle-To-Vehicle (V2V)
• Vehicle-To-Infrastructure (V2I)
• Vehicle-To-Pedestrian (V2P)
• Vehicle-To-Home (V2H)
• Vehicle-To-Grid (V2G)
• Vehicle-To-Network (V2N)
Automotive V2X Connectivity Type outlook (Revenue, USD Million; 2014 - 2025)
• DSRC
• Cellular Connectivity & Others