Automotive V2X Market Size, Share, Growth, and Forecast 2025-2033

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Market Overview:

The automotive V2X market is experiencing rapid growth, driven by rising demand for safety, smart city integration, and electrification and v2x synergy. According to IMARC Group's latest research publication, "Automotive V2X Market Report by Communication (Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Grid (V2G), Vehicle-to-Cloud (V2C), Vehicle-to-Device (V2D)), Connectivity (Dedicated Short-Range Communication (DSRC), Cellular-V2X (C-V2X) Communication), Vehicle Type (Passenger Cars, Commercial Vehicles), and Region 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global automotive V2X market demand. The global market size reached USD 6.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 96.8 Billion by 2033, exhibiting a growth rate (CAGR) of 33.92% during 2025-2033.

Automotive V2X Market 2025 to 2033 USD 96.8 Billion

This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

Grab a sample PDF of this report: https://www.imarcgroup.com/automotive-v2x-market/requestsample

Our report includes: 

  • Market Dynamics
  • Market Trends And Market Outlook
  • Competitive Analysis
  • Industry Segmentation
  • Strategic Recommendations

Factors Affecting the Growth of the Automotive V2X Industry:

  • Rising Demand for Safety:

The automotive V2X (Vehicle-to-Everything) market is growing quickly. This growth comes from the rising demand for better road safety. Both governments and consumers want advanced collision avoidance systems. They also seek real-time hazard alerts and pedestrian detection. All of these features are powered by V2X technology. Urban congestion and high accident rates are driving automakers to use V2X. They aim to meet strict safety regulations and lower fatalities. The move to 5G is speeding up this trend. 5G improves communication between vehicles, infrastructure, and other road users. As safety becomes a top concern, V2X is changing. It is moving from a luxury feature to a must-have in modern vehicles.

  • Smart City Integration:

Smart city initiatives are driving V2X adoption. Urban planners want better traffic management and lower emissions. V2X allows vehicles to talk to traffic lights, parking systems, and public transit. This helps optimize routes and reduce congestion. Cities that invest in intelligent transportation systems (ITS) are teaming up with carmakers to roll out V2X widely. This creates a more efficient mobility system. Regions like Europe and Asia are leading the way, with government-supported pilot programs. As smart cities develop, V2X will be crucial for connected and sustainable urban mobility.

  • Electrification and V2X Synergy:

The rise of electric vehicles (EVs) is boosting demand for V2X technology. These two technologies work together to create smarter, greener transport. V2X improves EV charging by allowing vehicle-to-grid (V2G) communication. This helps cars manage energy loads and cut peak demand. Automakers use V2X to enhance battery performance and plan routes for EVs. As global EV sales grow, integrating V2X becomes vital for manufacturers. It helps them provide a seamless, connected driving experience. This connection makes V2X essential for the future of electric mobility.

Leading Companies Operating in the Global Automotive V2X Industry:

Automotive V2X Market Key Players

  • Autotalks Ltd
  • Capgemini SE
  • Continental AG
  • HARMAN International (Samsung Electronics Co. Ltd.)
  • Infineon Technologies AG
  • NXP Semiconductors
  • Qualcomm Technologies Inc
  • Robert Bosch GmbH
  • STMicroelectronics.

Automotive V2X Market Report Segmentation:

By Communication:

Automotive V2X Market Segments by Communication

  • Vehicle-to-Vehicle (V2V)
  • Vehicle-to-Infrastructure (V2I)
  • Vehicle-to-Pedestrian (V2P)
  • Vehicle-to-Grid (V2G)
  • Vehicle-to-Cloud (V2C)
  • Vehicle-to-Device (V2D)

Vehicle-to-vehicle (V2V) represents the largest segment due to its pivotal role in enhancing road safety and efficiency.

By Connectivity:

  • Dedicated Short-Range Communication (DSRC)
  • Cellular-V2X (C-V2X) Communication

Cellular-V2X (C-V2X) communication accounts for the majority of the market share owing to its scalability and flexibility, enabling support for diverse use cases beyond safety applications, such as traffic efficiency, navigation, and infotainment services.

By Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles

Passenger cars hold the biggest market share as they are the most used type of vehicle on the roads.

Regional Insights:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Asia Pacific enjoys the leading position in the automotive V2X market on account of the rapid

Research Methodology:

The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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