Us Automotive V2X Communication Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Automotive V2X Communication Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 19.4 Billion by 2030, growing at a CAGR of 25.1% from 2024 to 2030.
The U.S. automotive Vehicle-to-Everything (V2X) communication market is experiencing rapid growth, driven by the increasing demand for enhanced road safety, efficient traffic management, and the development of autonomous driving technologies. V2X communication enables vehicles to exchange critical information with each other and surrounding infrastructure, facilitating real-time data exchange that helps prevent accidents, improve collision avoidance, and enhance overall road safety. citeturn0search5 In 2023, the U.S. automotive V2X market was valued at approximately USD 0.5 billion and is projected to reach USD 9.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 51.9% during the forecast period. citeturn0search6 This significant growth is attributed to several factors, including the increasing emphasis on road safety, advancements in autonomous driving technologies, and the rollout of 5G networks, which enable real-time communication between vehicles and infrastructure. The market is segmented based on communication types, including Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), and others. The V2V segment held a substantial market share in 2024, reflecting the critical role of vehicle-to-vehicle communication in enhancing road safety. citeturn0search0 The adoption of cellular-based communication technology is surging, driven by the global rollout of 5G networks. This trend supports seamless upgrades and compatibility, aligning with the growing demand for smarter, connected, and sustainable automotive ecosystems. citeturn0search0 Major players in the U.S. automotive V2X communication market include Qualcomm Technologies, Continental, and Infineon Technologies, collectively holding a substantial market share. These companies are at the forefront of developing and deploying V2X solutions, contributing to the advancement of connected vehicle technologies. citeturn0search0 In summary, the U.S. automotive V2X communication market is poised for substantial growth, driven by technological advancements, regulatory support, and the increasing need for enhanced road safety and efficient traffic management. The integration of V2X technologies is expected to play a pivotal role in shaping the future of transportation in the United States.
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Continental
Delphi
NXP Semiconductors
Savari
Qualcomm Technologies
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive V2X Communication Market
Dedicated Short-Range Communications (DSRC)
Cellular Vehicle-to-Everything (C-V2X)
Hybrid V2X Technologies
Vehicle-to-Vehicle (V2V)
Vehicle-to-Infrastructure (V2I)
Vehicle-to-Pedestrian (V2P)
Vehicle-to-Cloud (V2C)
Traffic Management
Emergency Vehicle Notification
Collision Avoidance Systems
Autonomous Driving
Fleet Management
Passenger Cars
Commercial Vehicles
Electric Vehicles (EVs)
Autonomous Vehicles
On-board Units (OBUs)
Roadside Units (RSUs)
Communication Software
Networking Equipment
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive V2X Communication Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive V2X Communication Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive V2X Communication Market, By Type
6. Global Automotive V2X Communication Market, By Application
7. Global Automotive V2X Communication Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive V2X Communication Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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