Global V2X for Automotive Supply, Demand and Key Producers, 2026-2032
Description
The global V2X for Automotive market size is expected to reach $ 31560 million by 2032, rising at a market growth of 34.9% CAGR during the forecast period (2026-2032).
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 studies the global V2X for Automotive demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for V2X for Automotive, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of V2X for Automotive that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global V2X for Automotive total market, 2021-2032, (USD Million)
Global V2X for Automotive total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: V2X for Automotive total market, key domestic companies, and share, (USD Million)
Global V2X for Automotive revenue by player, revenue and market share 2021-2026, (USD Million)
Global V2X for Automotive total market by Type, CAGR, 2021-2032, (USD Million)
Global V2X for Automotive total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global V2X for Automotive market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Continental AG, Qualcomm, NXP, Bosch, Huawei, Kapsch, Askey, Ficosa, Savari, LACROIX City, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world V2X for Automotive market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global V2X for Automotive Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global V2X for Automotive Market, Segmentation by Type:
V2V
V2I
V2P
Global V2X for Automotive Market, Segmentation by Application:
Passenger Car
Commercial Vehicle
Companies Profiled:
Continental AG
Qualcomm
NXP
Bosch
Huawei
Kapsch
Askey
Ficosa
Savari
LACROIX City
Cohda Wireless
Autotalks
Lear (Arada)
Commsignia
HARMAN
Danlaw
Key Questions Answered
1. How big is the global V2X for Automotive market?
2. What is the demand of the global V2X for Automotive market?
3. What is the year over year growth of the global V2X for Automotive market?
4. What is the total value of the global V2X for Automotive market?
5. Who are the Major Players in the global V2X for Automotive market?
6. What are the growth factors driving the market demand?
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 studies the global V2X for Automotive demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for V2X for Automotive, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of V2X for Automotive that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global V2X for Automotive total market, 2021-2032, (USD Million)
Global V2X for Automotive total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: V2X for Automotive total market, key domestic companies, and share, (USD Million)
Global V2X for Automotive revenue by player, revenue and market share 2021-2026, (USD Million)
Global V2X for Automotive total market by Type, CAGR, 2021-2032, (USD Million)
Global V2X for Automotive total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global V2X for Automotive market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Continental AG, Qualcomm, NXP, Bosch, Huawei, Kapsch, Askey, Ficosa, Savari, LACROIX City, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world V2X for Automotive market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global V2X for Automotive Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global V2X for Automotive Market, Segmentation by Type:
V2V
V2I
V2P
Global V2X for Automotive Market, Segmentation by Application:
Passenger Car
Commercial Vehicle
Companies Profiled:
Continental AG
Qualcomm
NXP
Bosch
Huawei
Kapsch
Askey
Ficosa
Savari
LACROIX City
Cohda Wireless
Autotalks
Lear (Arada)
Commsignia
HARMAN
Danlaw
Key Questions Answered
1. How big is the global V2X for Automotive market?
2. What is the demand of the global V2X for Automotive market?
3. What is the year over year growth of the global V2X for Automotive market?
4. What is the total value of the global V2X for Automotive market?
5. Who are the Major Players in the global V2X for Automotive market?
6. What are the growth factors driving the market demand?
Table of Contents
141 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World V2X for Automotive Companies Competitive Analysis
- 4 United States VS China VS Rest of World (by Headquarter Location)
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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