Automotive V2X Market Outlook
The Automotive V2X Market size is expected to register a growth rate of 44.6% during the forecast period from $3.13 Billion in 2025 to $41.4 Billion in 2032. The Automotive V2X market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Automotive V2X segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (DSRC, Cellular Connectivity), By Application (Passenger, Commercial), By Propulsion (ICE, EV), By Communication (Vehicle to Vehicle, Vehicle to Infrastructure, Vehicle to Pedestrian, Vehicle to Home, Vehicle to Grid, Vehicle to Network). Over 70 tables and charts showcase findings from our latest survey report on Automotive V2X markets.
Automotive V2X Market Insights, 2025
The global automotive V2X (Vehicle-to-Everything) market is evolving with the push for smart transportation systems and autonomous vehicle readiness. Major automakers, including Ford and GM, are integrating V2X technology to improve traffic safety, reduce congestion, and enhance vehicle efficiency. The Federal Communications Commission’s (FCC) decision to allocate 5.9 GHz spectrum for V2X communications is accelerating market adoption. Cellular V2X (C-V2X) is emerging as the dominant technology over Dedicated Short-Range Communications (DSRC) due to its superior range and compatibility with 5G networks. Key applications include vehicle-to-infrastructure (V2I) communication for traffic light optimization and vehicle-to-pedestrian (V2P) alerts for accident prevention.
Five Trends that will define global Automotive V2X market in 2025 and Beyond
A closer look at the multi-million market for Automotive V2X identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Automotive V2X companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of Automotive V2X vendors.
What are the biggest opportunities for growth in the Automotive V2X industry?
The Automotive V2X sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Automotive V2X Market Segment Insights
The Automotive V2X industry presents strong offers across categories. The analytical report offers forecasts of Automotive V2X industry performance across segments and countries. Key segments in the industry include- By Type (DSRC, Cellular Connectivity), By Application (Passenger, Commercial), By Propulsion (ICE, EV), By Communication (Vehicle to Vehicle, Vehicle to Infrastructure, Vehicle to Pedestrian, Vehicle to Home, Vehicle to Grid, Vehicle to Network). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Automotive V2X market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global Automotive V2X industry ecosystem. It assists decision-makers in evaluating global Automotive V2X market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Automotive V2X industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Automotive V2X Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Automotive V2X Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Automotive V2X with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Automotive V2X market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Automotive V2X market Insights- Vendors are exploring new opportunities within the US Automotive V2X industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Automotive V2X companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Automotive V2X market.
Latin American Automotive V2X market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Automotive V2X Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Automotive V2X markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Automotive V2X markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Automotive V2X companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Audi AG, Cisco Systems Inc, Continental AG, Daimler AG, Infineon Technologies AG, Intel Corp, International Business Machines Corp, NXP Semiconductors N.V., Qualcomm Inc, Tomtom N.V..
Automotive V2X Market Segmentation
By Type
DSRC
Cellular Connectivity
By Application
Passenger
Commercial
By Propulsion
ICE
EV
By Communication
Vehicle to Vehicle
Vehicle to Infrastructure
Vehicle to Pedestrian
Vehicle to Home
Vehicle to Grid
Vehicle to Network
Leading Companies
Audi AG
Cisco Systems Inc
Continental AG
Daimler AG
Infineon Technologies AG
Intel Corp
International Business Machines Corp
NXP Semiconductors N.V.
Qualcomm Inc
Tomtom N.V.
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