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Global Vehicle-to-Vehicle (V2V) Communication Market

avatar/IMG-10 by Foreclaro Global Research
2025 Jun, 29

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:

 

Vehicle-to-Vehicle (V2V) Communication Market, Technology Outlook (Revenue - USD Million, 2020 - 2033)

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