Automotive V2X Market to Reach USD 107.11 Billion by 2033 | 36.5% CAGR Growth Forecast

Market Overview

The global automotive V2X market size was valued at USD 6.51 billion in 2024 and is expected to grow from USD 8.89 billion in 2025 to reach USD 107.11 billion by 2033, growing at a CAGR of 36.5% during the forecast period (2025-2033).

The global Automotive V2X market continues to evolve rapidly, driven by shifting consumer trends, rising investments, and technological progress. This section provides a detailed snapshot of the current landscape, highlighting major developments, emerging opportunities, and competitive movements that are shaping the industry’s growth trajectory.

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Market Report Scope and Research Methodology

This report offers a balanced combination of qualitative and quantitative analysis to ensure accurate, transparent, and comprehensive insights. The scope defines the parameters and key categories of the market, helping readers clearly understand its framework and underlying dynamics.

The study examines market size, forecasts, and growth potential by analyzing crucial segments and sub-segments. It delves into the factors influencing the market—such as cost efficiency, regulatory initiatives, sustainability goals, and continuous innovation. In addition, it evaluates competitive landscapes, investment flows, and the policy environment impacting overall industry development.

Market Regional Insights

The regional analysis spans North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is assessed based on market share, growth prospects, trade movements, and investment attractiveness. By studying regional demand trends, industrial performance, and government support measures, the report delivers a holistic understanding of how the market is evolving across different geographies.

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Market Segmentation

1. By Communication
   1. Vehicle-to-Vehicle (V2V)
   2. Vehicle-to-Infrastructure (V2I)
   3. Vehicle-to-Pedestrian (V2P)
   4. Vehicle-to-Device (V2D)
   5. Vehicle-to-Cloud (V2C)
2. By Offering
   1. Hardware
   2. Software
3. By Propulsion
   1. Internal Combustion Engines
   2. Electric Vehicles
   3. By Connectivity
   4. Cellular
   5. DSRC
4. By Connectivity
   1. Dedicated Short Range Communication (DSRC)
   2. Cellular-V2X (C-V2X) communication
5. By Vehicle Type
   1. Passenger Cars
   2. Commercial Vehicles
6. Based on Technology
   1. Automated Driver Assistance
   2. Intelligent Traffic Systems
   3. Emergency Vehicle Notification
   4. Passenger Information System
   5. Fleet & Asset Management
   6. Parking Management System
   7. Line of Sight
   8. Non-line of Sight
   9. Backing
   10. Others

Market Key Players

1. Denso Corporation
2. Aptiv
3. Infineon Technologies AG
4. Continental AG
5. Qualcomm Technologies, Inc.
6. Autotalks Ltd.
7. Cohda Wireless
8. Kapsch TrafficCom
9. Savari Inc.
10. Lear Corporation
11. LG Electronics
12. Ford Motor Company
13. Robert Bosch GmbH
14. NXP Semiconductors
15. Harman International
16. STMicroelectronics

Download Exclusive Research Report PDF Sample: (Including Full TOC, List of Tables & Figures, Chart): https://straitsresearch.com/report/automotive-v2x-market/request-sample

Key Questions Answered in the Automotive V2X Market Report:

• How large is the Automotive V2X market currently?

• What is the projected size of the Automotive V2X market in the coming years?

• What is the estimated global value of the Automotive V2X market?

• How fast is the Automotive V2X market growing?

• Which segment accounts for the highest share in the Automotive V2X market?

• What are the major Automotive V2X market segments?

• What was the market value of Automotive V2X in North America in 2024?

• Which region currently dominates the market landscape?

• What factors are driving the growth of the Automotive V2X market?

• Who are the prominent players in the Automotive V2X market?

• Which companies are leading in the Automotive V2X industry?

About Straits Research

Straits Research provides comprehensive market intelligence and actionable insights across a wide range of industries. Our reports are designed to empower decision-makers, investors, and organizations to uncover growth opportunities, overcome challenges, and build strategies that ensure long-term success in a rapidly changing business environment.

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