Automotive V2X Market Worth $19.5 Billion By 2028 - Exclusiv...| MENAFN.COM

Friday, 12 August 2022 11:13 GMT

Automotive V2X Market Worth $19.5 Billion By 2028 - Exclusive Report By Marketsandmarkets™'


(MENAFN- PR Newswire)

Europe is expected to have significant growth in the Automotive V2X Market during the forecast period. The high sales of V2X-equipped vehicles would pave the way for other automotive OEMs to equip their vehicles with V2X. The improved infrastructural facilities compared to other regions would enable the easy incorporation of V2X in Europe. Europe is home to some of the top players in the Automotive V2X Market, such as Continental AG (Germany) and Robert Bosch GmbH (Germany). A few tests/trials are taking place in this region, among which many are conducted by the 5GAA for C-V2X. All these factors are expected to drive the European Automotive V2X Market during the forecast period.

The major players in Automotive V2X Market are Qualcomm Incorporated (US), Autotalks (Israel), Continental AG (Germany), Cohda Wireless (Australia), and Robert Bosch GmbH (Germany). These companies have strong product portfolio as well as strong distribution networks at the global level.

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