V2X Market for Automotive worth $99.55 Billion by 2025| MarketsandMarkets

Published: Tue Sep 25 2018


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Better infrastructure and high income would drive the V2X market in the North American region

North America is estimated to account for the largest share, by value and volume, of the V2X market in 2017. However, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period. The largest share of North America in the automotive V2X market can be attributed to factors such as a huge demand for automobiles because of better infrastructure and high income, favorable policies, and regulations by the government, and the need for a better and effective transportation system.

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The report profiles all major players in the V2X market, including Continental (Germany), Qualcomm (US), Delphi Automotive (UK), NXP Semiconductors (Netherlands), and Robert Bosch (Germany). The report also covers a comprehensive study of the key vendors operating in the V2X market. The evaluation of these vendors has been done by considering various factors such as product development, R&D expenditure, business strategies, and product revenue.

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