Automotive Cellular V2X (C-V2X) Modules Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Huawei, Qualcomm, Quectel Wireless, Rohde & Schwarz

Registering a CAGR of 15.25 % over the forecast period, the market value of Automotive Cellular V2X (C-V2X) Modules is expected to reach US$ 500.20 million in the year 2027.

Automotive Cellular V2X (C-V2X) Modules Market Overview

According to the World Health Organization’s Global Status Report on Road Safety 2019, the number of annual road traffic deaths reached 1.50 million in 2019 globally. As the number of road accidents rises, vehicle manufacturers are increasingly incorporating C-V2X technology into their vehicles to make road travel safer. By giving real-time information about linked vehicles, road conditions, and weather conditions, this technology aids in enhancing road safety. 

Growing technological improvements, such as LTE-V2X technology, are a crucial trend in the automotive V2X market that is gaining traction. LTE-V2X technology is an innovative information and communication technology that allows information to be shared between vehicles, humans, networks, and infrastructure in road transportation systems. To enhance their position in the vehicle V2X market, major firms are focusing on creating LTE-V2X technology.

The report aspects discussed the profile of the top manufacturers of the global Automotive Cellular V2X (C-V2X) Modules market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Automotive Cellular V2X (C-V2X) Modules Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in Automotive Cellular V2X (C-V2X) Modules Market?

The global Automotive Cellular V2X (C-V2X) Modules includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Huawei, Qualcomm, Quectel Wireless, Rohde & Schwarz, Ficosa, Bosch, Autotalks, Unex, Keysight Technologies and others.

Industry News and Updates:

HARMAN Acquires 5G Edge and V2X Leader Savari

February 26, 2021 – HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced the acquisition of substantially all the assets of Savari®, Inc., a Silicon Valley-based automotive technology company developing vehicle-to-everything communications (V2X) technology in 5G Edge and automotive devices.

Qualcomm Announces Automotive Industry’s First 5G Dual SIM Dual Active and Latest 4G LTE-Advanced Pro-Tiered Platform Portfolio With Integrated C-V2X and Precise Positioning Support For Next Generation Vehicles

FEB 25, 2019: Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), announced today the latest additions to its portfolio of Qualcomm® Automotive Wireless Solutions for next generation connected vehicles -- the Qualcomm® Snapdragon™ Automotive 4G Platform and the Qualcomm® Snapdragon™ Automotive 5G Platform.  The Snapdragon Automotive 4G and 5G Platforms feature integrated C-V2X direct communications, high-precision multi-frequency global navigation satellite system (HP-GNSS) and RF Front-End (RFFE) functionalities to support major operators across key spectrum bands globally.

What are the major Applications, Types and Regions for Automotive Cellular V2X (C-V2X) Modules Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• 4G


• 5G


• Others

By Application, it is segmented into

• Vehicle-to-Vehicle (V2V)


• Vehicle-to-Infrastructure (V2I)


• Vehicle-to-Pedestrian (V2P)


• Vehicle-to-Device (V2D)


• Vehicle-to-Grid (V2G)


• Others

Automotive Cellular V2X (C-V2X) Modules Market Regional Analysis

Due to various government programs for large-scale digitalization of urban infrastructure in countries such as China, South Korea, and India, the Asia Pacific C-V2X market is expected to develop at a rate of over 16.5% until 2027. Another important aspect is the region's steadily expanding smartphone adoption, which is facilitating the growing knowledge of new vehicle communication technology. In 2020, Asia Pacific had 1.72 billion unique mobile customers, according to the GSMA Intelligence Mobile Economy Report 2021. By the end of 2020, the Greater China region had 1.35 billion unique mobile customers.

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• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
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• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Automotive Cellular V2X (C-V2X) Modules Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automotive Cellular V2X (C-V2X) Modules Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Automotive Cellular V2X (C-V2X) Modules Market report scope?

Scope of the Report covers Automotive Cellular V2X (C-V2X) Modules Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Automotive Cellular V2X (C-V2X) Modules Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Automotive Cellular V2X (C-V2X) Modules Report

• Evaluate Automotive Cellular V2X (C-V2X) Modules market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Automotive Cellular V2X (C-V2X) Modules market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

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