Automotive V2X Market Set to Surge to $107 Billion by 2033, CAGR of 36.5%

Automotive V2X 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).

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Automotive V2X Market Report Scope and Research Methodology

This report provides both qualitative and quantitative insights, ensuring reliability, transparency, and depth of analysis. The scope defines the boundaries and categories of the market, enabling a clear understanding of its structure and dynamics.

The study evaluates market size and forecasts by analyzing key segments and sub-segments. It also explores drivers, restraints, and opportunities—including cost optimization, government initiatives, sustainability concerns, and ongoing technological innovations. Furthermore, the report examines competitive positioning, investment patterns, and regulatory influences shaping industry development.

Automotive V2X Market Regional Insights

The regional assessment covers North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is analyzed in terms of market share, growth trends, trade flows, and investment potential. By examining factors such as demand patterns, industry performance, and policy support, the report offers a comprehensive outlook on how the market evolves across diverse geographies.

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Automotive V2X 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

Automotive V2X 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

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Key questions answered in the Automotive V2X Market are:

1. How big is the Automotive V2X market?

2. What is the expected size of Automotive V2X market?

3. How much is the global Automotive V2X market worth?

4. What is the Automotive V2X market growth?

5. Which segment accounted for the largest Automotive V2X market share?

6. What are the key Automotive V2X market segments?

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

8. Which region held the largest share of the market?

9. What are the factors driving the Automotive V2X market?

10. What are the leading key players in the Automotive V2X market?

11. Who are the key players in Automotive V2X market?

About Straits Research:

Straits Research delivers in-depth market intelligence and actionable insights across multiple industries. Our reports are designed to guide decision-makers, investors, and businesses in identifying growth opportunities, navigating challenges, and developing effective strategies for sustainable success.

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