Summary

The global market for V2X for Automotive was estimated to be worth US$ 3149 million in 2024 and is forecast to a readjusted size of US$ 24089 million by 2031 with a CAGR of 35.7% during the forecast period 2025-2031.
Vehicle-to-Everything (V2X) communication is a large-scale network system based on in-vehicle networks, inter-vehicle networks, and mobile internet connectivity. It enables wireless communication and information exchange between vehicles, roads, pedestrians, and the internet according to agreed-upon communication protocols and standards. It collects vehicle environmental and status data through GPS, RFID, sensors, and camera image processing. Utilizing internet technology, this information is transmitted and aggregated to a central processing unit. Computer technology then analyzes and processes vast amounts of vehicle data to enable functions such as optimal route planning, real-time traffic reporting, and traffic signal timing coordination. The system encompasses five key elements: people, vehicles, roads, communications, and service platforms.

Key Players
Traditional Tech Companies: Huawei has demonstrated diversified business in the vehicle-road coordination sector, leveraging its strengths in communication and cloud technologies to provide connected vehicle solutions. Baidu launched Carlife, enabling smartphone-to-vehicle system connectivity, while also making significant strides in autonomous driving R&D. Tencent continuously upgrades its connected vehicle services, maintaining leadership in in-vehicle information services through scale advantages and expanding its connected vehicle business via investments.
Automotive Electronics & Components Firms: Desay SV has a well-rounded product portfolio and proactively develops new technologies, boasting extensive product and technical reserves in infotainment systems and autonomous driving assistance systems. Joyson Smart Mobility, a rapidly growing independent division of Joyson Electronics, focuses on R&D and sales of connected vehicle products and services.
Specialized V2X Companies: BOTY offers comprehensive V2X services with a broad client base, covering in-vehicle information services and intelligent driving. NavInfo's subsidiary, NavInfo Intelligent Connectivity, leverages its mapping expertise to provide critical data and services like high-precision maps for V2X applications.

Development Trends
Market Scale Continues to Expand: Driven by technological advancements and sustained policy support, the connected vehicle market will maintain rapid growth. Both the global and Chinese markets are projected to expand significantly in the coming years.
Technological Innovation Drives Industry Upgrades: Breakthroughs in 5G, big data, cloud computing, and artificial intelligence will inject new momentum into connected vehicle development. These technologies will enhance intelligence and connectivity, enabling more precise traffic forecasting, intelligent decision-making, and autonomous driving capabilities.
Cross-Industry Integration and Ecosystem Development: The V2X industry will intensify cross-sector collaboration, fostering closer partnerships among automotive manufacturers, telecom operators, software developers, and hardware suppliers. By building an open, collaborative, and mutually beneficial V2X ecosystem, stakeholders will collectively drive the industry's prosperous development.

Upstream and Downstream Impacts
Impact on Upstream: The upstream primarily includes component suppliers such as chips, sensors, and communication modules, as well as software developers. The development of IoT for vehicles imposes higher demands on chip computing power, sensor accuracy and reliability, and communication module transmission speed and stability. This drives upstream enterprises to continuously increase R&D investment and enhance product performance. Simultaneously, the growing demand for software related to IoT for vehicles propels software developers to innovate and optimize relevant software solutions.
Downstream Impact: V2X is revolutionizing the automotive industry by accelerating the shift toward intelligent and connected vehicles, thereby enhancing automotive value and competitiveness. In transportation, V2X facilitates intelligent traffic management, improves traffic efficiency, reduces accidents, and alleviates congestion. Furthermore, it has spawned new business models and services—such as V2X-enabled shared mobility and UBI insurance—creating fresh opportunities for related industries.

This report aims to provide a comprehensive presentation of the global market for V2X for Automotive, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of V2X for Automotive by region & country, by Type, and by Application.
The V2X for Automotive market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding V2X for Automotive.

Market Segmentation
By Company
Continental AG
Qualcomm
NXP
Bosch
Huawei
Kapsch
Askey
Ficosa
Savari
LACROIX City
Cohda Wireless
Autotalks
Lear (Arada)
Commsignia
HARMAN
Danlaw
Segment by Type
V2V
V2I
V2P
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of V2X for Automotive company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of V2X for Automotive in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of V2X for Automotive in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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Table of Contents

1 Market Overview
1.1 V2X for Automotive Product Introduction
1.2 Global V2X for Automotive Market Size Forecast (2020-2031)
1.3 V2X for Automotive Market Trends & Drivers
1.3.1 V2X for Automotive Industry Trends
1.3.2 V2X for Automotive Market Drivers & Opportunity
1.3.3 V2X for Automotive Market Challenges
1.3.4 V2X for Automotive Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global V2X for Automotive Players Revenue Ranking (2024)
2.2 Global V2X for Automotive Revenue by Company (2020-2025)
2.3 Key Companies V2X for Automotive Manufacturing Base Distribution and Headquarters
2.4 Key Companies V2X for Automotive Product Offered
2.5 Key Companies Time to Begin Mass Production of V2X for Automotive
2.6 V2X for Automotive Market Competitive Analysis
2.6.1 V2X for Automotive Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by V2X for Automotive Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in V2X for Automotive as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 V2V
3.1.2 V2I
3.1.3 V2P
3.2 Global V2X for Automotive Sales Value by Type
3.2.1 Global V2X for Automotive Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global V2X for Automotive Sales Value, by Type (2020-2031)
3.2.3 Global V2X for Automotive Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global V2X for Automotive Sales Value by Application
4.2.1 Global V2X for Automotive Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global V2X for Automotive Sales Value, by Application (2020-2031)
4.2.3 Global V2X for Automotive Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global V2X for Automotive Sales Value by Region
5.1.1 Global V2X for Automotive Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global V2X for Automotive Sales Value by Region (2020-2025)
5.1.3 Global V2X for Automotive Sales Value by Region (2026-2031)
5.1.4 Global V2X for Automotive Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America V2X for Automotive Sales Value, 2020-2031
5.2.2 North America V2X for Automotive Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe V2X for Automotive Sales Value, 2020-2031
5.3.2 Europe V2X for Automotive Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific V2X for Automotive Sales Value, 2020-2031
5.4.2 Asia Pacific V2X for Automotive Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America V2X for Automotive Sales Value, 2020-2031
5.5.2 South America V2X for Automotive Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa V2X for Automotive Sales Value, 2020-2031
5.6.2 Middle East & Africa V2X for Automotive Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions V2X for Automotive Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions V2X for Automotive Sales Value, 2020-2031
6.3 United States
6.3.1 United States V2X for Automotive Sales Value, 2020-2031
6.3.2 United States V2X for Automotive Sales Value by Type (%), 2024 VS 2031
6.3.3 United States V2X for Automotive Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe V2X for Automotive Sales Value, 2020-2031
6.4.2 Europe V2X for Automotive Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe V2X for Automotive Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China V2X for Automotive Sales Value, 2020-2031
6.5.2 China V2X for Automotive Sales Value by Type (%), 2024 VS 2031
6.5.3 China V2X for Automotive Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan V2X for Automotive Sales Value, 2020-2031
6.6.2 Japan V2X for Automotive Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan V2X for Automotive Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea V2X for Automotive Sales Value, 2020-2031
6.7.2 South Korea V2X for Automotive Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea V2X for Automotive Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia V2X for Automotive Sales Value, 2020-2031
6.8.2 Southeast Asia V2X for Automotive Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia V2X for Automotive Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India V2X for Automotive Sales Value, 2020-2031
6.9.2 India V2X for Automotive Sales Value by Type (%), 2024 VS 2031
6.9.3 India V2X for Automotive Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Continental AG
7.1.1 Continental AG Profile
7.1.2 Continental AG Main Business
7.1.3 Continental AG V2X for Automotive Products, Services and Solutions
7.1.4 Continental AG V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.1.5 Continental AG Recent Developments
7.2 Qualcomm
7.2.1 Qualcomm Profile
7.2.2 Qualcomm Main Business
7.2.3 Qualcomm V2X for Automotive Products, Services and Solutions
7.2.4 Qualcomm V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.2.5 Qualcomm Recent Developments
7.3 NXP
7.3.1 NXP Profile
7.3.2 NXP Main Business
7.3.3 NXP V2X for Automotive Products, Services and Solutions
7.3.4 NXP V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.3.5 NXP Recent Developments
7.4 Bosch
7.4.1 Bosch Profile
7.4.2 Bosch Main Business
7.4.3 Bosch V2X for Automotive Products, Services and Solutions
7.4.4 Bosch V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.4.5 Bosch Recent Developments
7.5 Huawei
7.5.1 Huawei Profile
7.5.2 Huawei Main Business
7.5.3 Huawei V2X for Automotive Products, Services and Solutions
7.5.4 Huawei V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.5.5 Huawei Recent Developments
7.6 Kapsch
7.6.1 Kapsch Profile
7.6.2 Kapsch Main Business
7.6.3 Kapsch V2X for Automotive Products, Services and Solutions
7.6.4 Kapsch V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.6.5 Kapsch Recent Developments
7.7 Askey
7.7.1 Askey Profile
7.7.2 Askey Main Business
7.7.3 Askey V2X for Automotive Products, Services and Solutions
7.7.4 Askey V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.7.5 Askey Recent Developments
7.8 Ficosa
7.8.1 Ficosa Profile
7.8.2 Ficosa Main Business
7.8.3 Ficosa V2X for Automotive Products, Services and Solutions
7.8.4 Ficosa V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.8.5 Ficosa Recent Developments
7.9 Savari
7.9.1 Savari Profile
7.9.2 Savari Main Business
7.9.3 Savari V2X for Automotive Products, Services and Solutions
7.9.4 Savari V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.9.5 Savari Recent Developments
7.10 LACROIX City
7.10.1 LACROIX City Profile
7.10.2 LACROIX City Main Business
7.10.3 LACROIX City V2X for Automotive Products, Services and Solutions
7.10.4 LACROIX City V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.10.5 LACROIX City Recent Developments
7.11 Cohda Wireless
7.11.1 Cohda Wireless Profile
7.11.2 Cohda Wireless Main Business
7.11.3 Cohda Wireless V2X for Automotive Products, Services and Solutions
7.11.4 Cohda Wireless V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.11.5 Cohda Wireless Recent Developments
7.12 Autotalks
7.12.1 Autotalks Profile
7.12.2 Autotalks Main Business
7.12.3 Autotalks V2X for Automotive Products, Services and Solutions
7.12.4 Autotalks V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.12.5 Autotalks Recent Developments
7.13 Lear (Arada)
7.13.1 Lear (Arada) Profile
7.13.2 Lear (Arada) Main Business
7.13.3 Lear (Arada) V2X for Automotive Products, Services and Solutions
7.13.4 Lear (Arada) V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.13.5 Lear (Arada) Recent Developments
7.14 Commsignia
7.14.1 Commsignia Profile
7.14.2 Commsignia Main Business
7.14.3 Commsignia V2X for Automotive Products, Services and Solutions
7.14.4 Commsignia V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.14.5 Commsignia Recent Developments
7.15 HARMAN
7.15.1 HARMAN Profile
7.15.2 HARMAN Main Business
7.15.3 HARMAN V2X for Automotive Products, Services and Solutions
7.15.4 HARMAN V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.15.5 HARMAN Recent Developments
7.16 Danlaw
7.16.1 Danlaw Profile
7.16.2 Danlaw Main Business
7.16.3 Danlaw V2X for Automotive Products, Services and Solutions
7.16.4 Danlaw V2X for Automotive Revenue (US$ Million) & (2020-2025)
7.16.5 Danlaw Recent Developments
8 Industry Chain Analysis
8.1 V2X for Automotive Industrial Chain
8.2 V2X for Automotive Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 V2X for Automotive Sales Model
8.5.2 Sales Channel
8.5.3 V2X for Automotive Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer