According to the Foreclaro Global Research, the
Global
Vehicle-to-Vehicle (V2V) Communication Market size was valued at USD
33102.4 million in 2024. The
report “Global Vehicle-to-Vehicle (V2V) Communication Market Segmentation, By
Technology (Dedicated Short-Range Communication (DSRC), Cellular-V2X (C-V2X)), By
Application (Collision Avoidance & Warnings, Traffic Management &
Optimization, Autonomous Driving Support, Parking Assistance & Navigation, Fleet
Management & Logistics), By Vehicle Type (Passenger Vehicles, Commercial
Vehicles, Two-Wheelers, Off-Highway & Agricultural Vehicles), By Component
(Hardware, Software, Services)- Industry Trends and Forecast to 2033” gives a detailed insight into current market
dynamics and provides analysis on future market growth.
The Global Vehicle-to-Vehicle (V2V)
Communication Market place is hastily evolving as a cornerstone of related and
self-sufficient mobility. V2V communique allows automobiles to wirelessly trade
real-time information which include speed, location, and direction, enhancing
motive force recognition and lowering the hazard of collisions. This era
operates in general thru Dedicated Short-Range Communication (DSRC) and
Cellular-V2X (C-V2X) platforms, imparting low-latency communique vital for
protection-vital applications. Key drivers of marketplace increase consist of
growing avenue protection concerns, supportive authority’s regulations,
improvements in self-sufficient driving, and the developing call for wise
transportation systems. Automakers and era companies are more and more
participating to embed V2V abilities in automobiles, supported via way of means
of the rollout of 5G networks and clever town infrastructure. However,
demanding situations which include excessive implementation costs, information
safety concerns, and the want for standardized communique protocols persist.
Despite those hurdles, V2V communique is poised to play a transformative
position withinside the car enterprise via way of means of improving site
visitors efficiency, lowering accidents, and allowing seamless car
coordination.
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Global Vehicle-to-Vehicle
(V2V) Communication Market Report Highlights
· The
V2V marketplace is increasing rapidly, with a compound annual boom price of
about 15–20% pushed with the aid of using growing avenue protection concerns.
· Technology
adoption is moving from DSRC to C-V2X, fueled with the aid of using 5G rollout
and authorities assist for cellular-enabled communication.
· Critical
packages consisting of collision avoidance and independent riding assist
dominate early deployments, accompanied with the aid of using visitor’s
optimization, parking assistance, and fleet logistics.
· Passenger
and industrial automobiles are the number one markets; however, two-wheelers
and off-motorway automobiles are rising as vital boom segments in
Asia-Pacific's commercial and rural zones.
· The
atmosphere is fantastically collaborative chipmakers, OEMs, telecom providers,
and regulators are forming strategic partnerships to conquer technical and
regulatory barriers.
· Despite
infrastructure barriers and cybersecurity concerns, regulatory mandates in
North America, Europe, and Asia-Pacific are accelerating standardization
efforts and scaling V2V deployment globally.
Foreclaro
Global Research has segmented the Vehicle-to-Vehicle (V2V) Communication Market
report based on Technology, Application, Vehicle Type, Components and region:
Dedicated Short-Range Communication (DSRC)
Cellular-V2X (C-V2X)
Vehicle-to-Vehicle (V2V)
Communication Market, Application Model Outlook (Revenue - USD Million, 2020 -
2033)
Collision Avoidance & Warnings
Traffic Management & Optimization
Autonomous Driving Support
Parking Assistance & Navigation
Fleet Management & Logistics
Vehicle-to-Vehicle (V2V)
Communication Market, Vehicle Type Outlook (Revenue - USD Million, 2020 - 2033)
Passenger Vehicles
Commercial Vehicles
Two-Wheelers
Off-Highway & Agricultural Vehicles
Vehicle-to-Vehicle (V2V)
Communication Market, components Outlook (Revenue - USD Million, 2020 - 2033)
Hardware
Software
Services
Vehicle-to-Vehicle (V2V)
Communication Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Vehicle-to-Vehicle
(V2V) Communication Market Key Players
·
Volkswagen
Group
·
Daimler
AG
·
Ford
Motor Company
·
Mobileye
·
Bayerische
Motoren Werke AG
·
Toyota
Motor Corporation
·
Audi
AG
·
Harman
International Industries
·
Mercedes-Benz
· General Motors