Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Offering (Solutions, Services, Managed Services), By Technology (Line & Non-line of Sight, Automated Driving Assistance, Backing, Emergency Vehicle Notification, Passenger Information System, Others), By Vehicle Type (Passenger Vehicle, Commercial Vehicle) And Competitive Landscape
Product Code: ETC077183 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Vehicle-to-everything (V2X) Market is gradually being incorporated. Due to recent developments in Self-Driving vehicles, there is a rising demand for Vehicle-to-everything (V2X) market in Africa. Further, growing trends for automated vehicles and implementation of stringent traffic rules by the government are expected to drive the Vehicle-to-everything (V2X) market in Africa. In addition, rise in fuel consumption and traffic congestion are the major factors that propel the expansion of Vehicle-to-everything (V2X) market in Africa. Furthermore, increasing environmental concerns and high competition in the car manufacturing market are some of the key factors that drive the growth of Vehicle-to-everything (V2X) market in Africa. Moreover, the security of data communication and manipulation are the crucial restraints for the development of Vehicle-to-everything (V2X) market in Africa. Further, the rising demand for semi-autonomous vehicles equipped with ADAS (Advanced driver assistance systems) will bolster the Vehicle-to-everything (V2X) market value in the near future in Africa. Due to the outbreak of COVID-19, the increase in remote working options has declined the need for passenger cars as well as the market demand for modern connected vehicle technologies.
According to 6Wresearch, the Africa Vehicle-to-everything (V2X) Market size is anticipated to register growth during 2021-27. Additionally, the key countries of Vehicle-to-everything (V2X) market in Africa are Nigeria, South Africa, Morocco, Kenya and the rest of Africa. Presently, Morocco is experiencing the increasing demand for passenger cars which simultaneously increases the expansion of Vehicle-to-everything (V2X) market in Africa. Further, the lack of skilled workforce, technicians and reliability challenges are limiting the V2X market growth in Africa. Moreover, poor internet connectivity in some regions of Africa and high-cost technologies are potential restraints hampering the overall growth of Vehicle-to-everything market (V2X) in Africa. In addition, in recent years, the Vehicle-to-everything (V2X) based intelligent transport system is being developed in Africa, which improves road safety, traffic efficiency and driving experience. Furthermore, macroeconomics factors such as rise in employment rates and surge in overall GDP of Africa are anticipated to propel the growth Vehicle-to-everything (V2X) in Africa.
The Africa Vehicle-to-everything (V2X) has been categorized on the basis of communication, propulsion and vehicle type. Depending on communication, V2X market has been classified into vehicle-to-network (V2N), Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Grid (V2G), Vehicle-to-Cloud (V2C) and Vehicle-to-Device (V2D). Among these, Vehicle-to-Vehicle (V2V) improves vehicle safety through features such as forward collision warning (FCW) and lane changing warning (LCW). Based on propulsion, the market has been segregated into Internal Combustion Engine (ICE) and Electric Vehicles (EV). In terms of vehicle type, it has been bifurcated into Passenger car and Commercial vehicle. Of these, passenger cars dominate the Vehicle-to-everything (V2X) market in Africa.
The African Vehicle-to-everything (V2X) market report thoroughly covers the market by communication, propulsion, vehicle type and key countries including Nigeria, South Africa, Morocco, Kenya and the rest of Africa. The African Vehicle-to-everything (V2X) market outlook report provides an unbiased and detailed analysis of the on-going African Vehicle-to-Everything (V2X) market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Vehicle-to-everything (V2X) Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Vehicle-to-everything (V2X) Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Vehicle-to-everything (V2X) Market - Industry Life Cycle |
3.4 Africa Vehicle-to-everything (V2X) Market - Porter's Five Forces |
3.5 Africa Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Offering, 2020 & 2027F |
3.7 Africa Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Technology, 2020 & 2027F |
3.8 Africa Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Vehicle Type, 2020 & 2027F |
4 Africa Vehicle-to-everything (V2X) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Vehicle-to-everything (V2X) Market Trends |
6 Africa Vehicle-to-everything (V2X) Market, 2017 - 2027 |
6.1 Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
6.2 Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
6.3 Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
7 South Africa Vehicle-to-everything (V2X) Market, 2017 - 2027 |
7.1 South Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
7.2 South Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
7.3 South Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
8 Nigeria Vehicle-to-everything (V2X) Market, 2017 - 2027 |
8.1 Nigeria Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
8.2 Nigeria Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
8.3 Nigeria Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
9 Kenya Vehicle-to-everything (V2X) Market, 2017 - 2027 |
9.1 Kenya Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
9.2 Kenya Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
9.3 Kenya Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
10 Rest of Africa Vehicle-to-everything (V2X) Market, 2017 - 2027 |
10.1 Rest of Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
10.2 Rest of Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
10.3 Rest of Africa Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
11 Africa Vehicle-to-everything (V2X) Market Key Performance Indicators |
12 Africa Vehicle-to-everything (V2X) Market - Opportunity Assessment |
12.1 Africa Vehicle-to-everything (V2X) Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Vehicle-to-everything (V2X) Market Opportunity Assessment, By Offering, 2020 & 2027F |
12.3 Africa Vehicle-to-everything (V2X) Market Opportunity Assessment, By Technology, 2020 & 2027F |
12.4 Africa Vehicle-to-everything (V2X) Market Opportunity Assessment, By Vehicle Type, 2020 & 2027F |
13 Africa Vehicle-to-everything (V2X) Market - Competitive Landscape |
13.1 Africa Vehicle-to-everything (V2X) Market Revenue Share, By Companies, 2020 |
13.2 Africa Vehicle-to-everything (V2X) Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |