Global Automotive V2X Market By Manufacturers, Supplier Ranking And Forecast 2029
Global Automotive V2X Market, a new study from Maximize Market Research, offers thorough analysis of the market's size, share, scope, and growth prospects as they relate to the industry's growth. Report on the Global Automotive V2X Market aids customers in understanding the potential and problems faced by the sector. The Global Automotive V2X Market research provides complete information on the most recent technical advancements and market growth prospects on the basis of regional context.
Global Automotive V2X Market accounted for USD 1.88 billion in 2021 and is expected to reach USD 25.02 billion by 2029 at a CAGR of 38.2 % during the forecast period.
Automotive V2X Market Overview:
The competitive landscape of the Automotive V2X market includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' focus on the Automotive V2X market.
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Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.
Segmentation:
Electric vehicles can link to the power grid using the V2G technology to control charging rates or send electricity back to the grid. The EVSE, the point where the car connects to the electrical grid, and the electric vehicle that controls SOC are the three main elements of V2G. V2G enables users to charge their electric cars and keep track of expenditures using their smartphones. The adoption of electric commercial vehicles is a project being worked on by governments in the Asia-Pacific region. In order to reduce oil imports while converting to EVs, the Indian government announced plans to offer incentives of USD 4.6 billion to businesses in September 2020.
Key Players: Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources.
The following are the key players of the Automotive V2X market-
• Continental AG
• Qualcomm Technologies Inc.
• NXP Semiconductors N.V.
• Robert Bosch GmBH
• Intel Corporation
• Infineon Technologies AG
• TomTom International BV.
• Harman International Industries, Inc.
• Nvidia Corporation
• Autotalks ltd.
• Cohda Wireless
• Daimler AG
• Audi AG
Regional Analysis:
Individual market influencing elements and changes in market rules that impact present and future market trends are also included in the geographical factor of the research. Only a few of the indicators utilized to anticipate market scenarios for distinct nations include downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies.
COVID-19 Impact Analysis on Automotive V2X Market: The study also looks at the influence of COVID-19 on the Automotive V2X market. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, notable trends, and challenges that the industry is experiencing across major regions. The report presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Automotive V2X Market. The particular research focuses on market share and size, demonstrating clearly the impact that the epidemic has had and will have on the global Automotive V2X Market in the next years.
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Key Questions Answered in the Automotive V2X Market Report are:
- What will be the CAGR of the Automotive V2X market during the forecast period (2021-2029)?
- Which segment emerged as the leading segment in the Automotive V2X market?
- Which are the prominent players in the Automotive V2X market?
- What key trends are likely to emerge in the Automotive V2X market in the forecast period?
- What will be the Automotive V2X market size by 2029?
- Which company held the largest share in the Automotive V2X market in 2020?
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