Asia Pacific Vehicle-to-everything (V2X) Market Overview

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.

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 in 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 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.

Key Highlights of the Report:

  • Asia Pacific Vehicle-to-everything (V2X) Market Outlook
  • Asia Pacific Vehicle-to-everything (V2X) Price Trends
  • Asia Pacific Vehicle-to-everything (V2X) Market Drivers and Challenges
  • Asia Pacific Vehicle-to-everything (V2X) Porter's Five Forces
  • Asia Pacific Vehicle-to-everything (V2X) Industry Life Cycle
  • Asia Pacific Vehicle-to-everything (V2X) Market Trend Evolution
  • Asia Pacific Vehicle-to-everything (V2X) Market - Top Companies Market Share
  • Asia Pacific Vehicle-to-everything (V2X) Market - Top Companies Profiles
  • Asia Pacific Vehicle-to-everything (V2X) Market - Opportunity Assessment By Countries
  • Asia Pacific Vehicle-to-everything (V2X) Market - Strategic Recommendations
  • Asia Pacific Vehicle-to-everything (V2X) Market - Opportunity Assessment By Technology

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