Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), 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: ETC076138 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Vehicle-to-everything (V2X) Market is being strongly incorporated in Asia- pacific region in recent years. Generally, vehicle-to-everything (V2X) is a communication technology that allows a vehicle to communicate with other vehicles, road users and infrastructure. Moreover, the automotive industry is evolving in the front of technology and hence the advancements in technology have challenged automotive makers to incorporate automotive V2X solutions that will offer enhanced safety, utility and convenience to the people. Further, the factors such as rise in adoption of connected cars and rapid increase in urbanization & industrialization are expected to drive the V2X market growth. However, high cost of implementation and security concerns related to data communication will hinder the growth of V2X market in Asia-Pacific region. Furthermore, increase in demand for smart cities and surge in research in technology is projected to boost the Vehicle-to- everything (V2X) market. Owing to the outbreak of COVID-19 pandemic, manufacturing units across the Asia-Pacific region have halted their production, which tremendously affected the purchase of vehicles equipped with vehicle- to- everything (V2X) features. Moreover, the COVID-19 crisis had created uncertainty in the V2X market, disruption of supply chain and declination in the businesses among Asia-Pacific region.
According to 6Wresearch, the Asia Pacific Vehicle-to-everything (V2X) Market size is anticipated to register growth during 2021-27. In addition, India, China, Singapore and Australia are the major countries of vehicle-to-everything (V2X) market among the Asia-Pacific regions. Further, increasing research and development on electric vehicles and autonomous vehicles in China and India is likely to propel the growth of V2X market in the Asia-Pacific region. Recently, Singapore’s Nanyang Technological University (NTU) and local telecommunications company M1 Limited have partnered to develop 5G V2X technology in Singapore and the NTU campus of Singapore acts as the test bed for it. Furthermore, the increasing interest of the individuals of the automotive industry acts as the major reason for the expansion of vehicle-to everything (V2X) market in Australia. With the growing stringency in safety regulations, adaptive cruise control, blind spot detection and lane change assist features will become mandatory in the near future. Thus, the V2X market is expected to dominate the Asia-Pacific region.
The Asia-Pacific V2X market has been segmented into offering segment, communication, connectivity and vehicle type. Depending on offering, it has been classified into hardware and software. On the basis of communication, V2X market has been segmented into 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). As per connectivity, the market has been categorized into cellular and DSRC (Dedicated short-range communications). Based on vehicle type, V2X market has been classified into passenger car and commercial vehicle. Moreover, the advent of Internet of things (IoT) is anticipated to benefit the Asia-Pacific vehicle-to-everything (V2X) market in the upcoming future.
The Asia-Pacific Vehicle-to-everything (V2X) market report thoroughly covers the market by offering segment, communication, connectivity, vehicle type and key countries including India, China, Singapore and Australia. The Asia-Pacific Vehicle-to-everything (V2X) market outlook report provides an unbiased and detailed analysis of the on-going Asia-Pacific 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 Asia Pacific Vehicle-to-everything (V2X) Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Vehicle-to-everything (V2X) Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Vehicle-to-everything (V2X) Market - Industry Life Cycle |
3.4 Asia Pacific Vehicle-to-everything (V2X) Market - Porter's Five Forces |
3.5 Asia Pacific Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Offering, 2020 & 2027F |
3.7 Asia Pacific Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Technology, 2020 & 2027F |
3.8 Asia Pacific Vehicle-to-everything (V2X) Market Revenues & Volume Share, By Vehicle Type, 2020 & 2027F |
4 Asia Pacific Vehicle-to-everything (V2X) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Vehicle-to-everything (V2X) Market Trends |
6 Asia Pacific Vehicle-to-everything (V2X) Market, 2017 - 2027 |
6.1 Asia Pacific Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
6.2 Asia Pacific Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
6.3 Asia Pacific Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
7 China Vehicle-to-everything (V2X) Market, 2017 - 2027 |
7.1 China Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
7.2 China Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
7.3 China Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
8 India Vehicle-to-everything (V2X) Market, 2017 - 2027 |
8.1 India Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
8.2 India Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
8.3 India Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
9 Japan Vehicle-to-everything (V2X) Market, 2017 - 2027 |
9.1 Japan Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
9.2 Japan Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
9.3 Japan Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
10 Australia Vehicle-to-everything (V2X) Market, 2017 - 2027 |
10.1 Australia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
10.2 Australia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
10.3 Australia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
11 Indonesia Vehicle-to-everything (V2X) Market, 2017 - 2027 |
11.1 Indonesia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
11.2 Indonesia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
11.3 Indonesia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
12 Philippines Vehicle-to-everything (V2X) Market, 2017 - 2027 |
12.1 Philippines Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
12.2 Philippines Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
12.3 Philippines Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
13 Malaysia Vehicle-to-everything (V2X) Market, 2017 - 2027 |
13.1 Malaysia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
13.2 Malaysia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
13.3 Malaysia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
14 Rest of Asia Vehicle-to-everything (V2X) Market, 2017 - 2027 |
14.1 Rest of Asia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Offering, 2017 - 2027 |
14.2 Rest of Asia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Technology, 2017 - 2027 |
14.3 Rest of Asia Vehicle-to-everything (V2X) Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
11 Asia Pacific Vehicle-to-everything (V2X) Market Key Performance Indicators |
12 Asia Pacific Vehicle-to-everything (V2X) Market - Opportunity Assessment |
12.1 Asia Pacific Vehicle-to-everything (V2X) Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Vehicle-to-everything (V2X) Market Opportunity Assessment, By Offering, 2020 & 2027F |
12.3 Asia Pacific Vehicle-to-everything (V2X) Market Opportunity Assessment, By Technology, 2020 & 2027F |
12.4 Asia Pacific Vehicle-to-everything (V2X) Market Opportunity Assessment, By Vehicle Type, 2020 & 2027F |
13 Asia Pacific Vehicle-to-everything (V2X) Market - Competitive Landscape |
13.1 Asia Pacific Vehicle-to-everything (V2X) Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Vehicle-to-everything (V2X) Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |