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Vehicle-to-Everything (V2X) Market 2020-2030 by Component, Communication Type (V2P, V2G, V2C, V2I, V2D, V2V), Connectivity (DSRC, Cellular), Technology, Vehicle Type (Passenger, Commercial), Vehicle Propulsion (ICE, EV), Distribution and Region: Trend Forecast and Growth Opportunity

  • Report ID: 3438
  • Date: Sep, 2021
  • Pages: 180
  • Category: Automotive & Transportation

Global vehicle-to-everything (V2X) market will reach $1,692.7 billion by 2030, growing by 64.6% annually over 2020-2030 driven by growing demand for fully autonomous driving and safe vehicles, advancements in 5G technology, increased electric vehicles (EV) sales, government regulations to curb emissions, and need to reduce traffic congestion.

Highlighted with 88 tables and 91 figures, this 180-page report “Global Vehicle-to-Everything (V2X) Market 2020-2030 by Component, Communication Type (V2P, V2G, V2C, V2I, V2D, V2V), Connectivity (DSRC, Cellular), Technology, Vehicle Type (Passenger, Commercial), Vehicle Propulsion (ICE, EV), Distribution and Region” is based on a comprehensive research of the entire global V2X market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

The report is based on studies on 2015-2020 and provides forecast from 2021 till 2030 with 2020 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global V2X market in every aspect of the classification from perspectives of Component, Communication Type, Connectivity, Technology, Vehicle Type, Vehicle Propulsion, Distribution, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.

Automotive V2X Hardware
• On-board Units (OBU)
• Roadside Units (RSU)
• Antenna
• Evaluation Kits
• Other Hardware
Automotive V2X Software
• V2X Software Stack
• V2X Software Development Kit
• Other Software
Automotive V2X Service

Based on Communication Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.

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

Based on Connectivity, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.

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

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.

• Emergency Vehicle Notification
• Automated Driver Assistance
• Passenger Information System
• Line of Sight
• Other Technologies

Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Based on Vehicle Propulsion, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.

Internal Combustion Engine (ICE) Vehicles
Electric Vehicles (EV)
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)

Based on Distribution, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.

• Original Equipment Manufacturer (OEM)
• Aftermarket

Geographically, the following regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2020-2030. The breakdown of all regional markets by country and split of key national markets by Communication Type, Connectivity, and Vehicle Type over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global V2X market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

Autotalks Ltd.
Cohda Wireless
Continental AG
Delphi Technologies
Denso Corporation
HAAS, INC.
Harman International
Huawei Technologies Co., Ltd.
Infineon Technologies AG
Lear Corporation
Neusoft Corporation
NXP Semiconductors N.V.
Qualcomm Incorporated
Robert Bosch GmbH
Rohde & Schwarz
Savari, Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 

1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of Global Market by Component 43
3.1 Market Overview by Component 43
3.2 Automotive V2X Hardware 45
3.3 Automotive V2X Software 46
3.4 Automotive V2X Service 47
4 Segmentation of Global Market by Communication Type 48
4.1 Market Overview by Communication Type 48
4.2 Vehicle-to-Pedestrian (V2P) 50
4.3 Vehicle-to-Grid (V2G) 51
4.4 Vehicle-To-Cloud (V2C) 52
4.5 Vehicle-to-Infrastructure (V2I) 53
4.6 Vehicle-to-Device (V2D) 54
4.7 Vehicle-to-Vehicle (V2V) 55
4.8 Other Communication Types 56
5 Segmentation of Global Market by Connectivity 57
5.1 Market Overview by Connectivity 57
5.2 Dedicated Short-Range Communication (DSRC) 59
5.3 Cellular-V2X (C-V2X) 60
5.4 Other Connectivity Types 61
6 Segmentation of Global Market by Technology 62
6.1 Market Overview by Technology 62
6.2 Emergency Vehicle Notification 64
6.3 Automated Driver Assistance 65
6.4 Passenger Information System 66
6.5 Line of Sight 67
6.6 Other Technologies 68
7 Segmentation of Global Market by Vehicle Type 69
7.1 Market Overview by Vehicle Type 69
7.2 Passenger Cars 71
7.3 Light Commercial Vehicles 72
7.4 Heavy Commercial Vehicles 73
8 Segmentation of Global Market by Vehicle Propulsion 74
8.1 Market Overview by Vehicle Propulsion 74
8.2 Internal Combustion Engine (ICE) Vehicles 76
8.3 Electric Vehicles (EV) 77
9 Segmentation of Global Market by Distribution 78
9.1 Market Overview by Distribution 78
9.2 Original Equipment Manufacturer (OEM) 80
9.3 Aftermarket 81
10 Segmentation of Global Market by Region 82
10.1 Geographic Market Overview 2020-2030 82
10.2 North America Market 2020-2030 by Country 86
10.2.1 Overview of North America Market 86
10.2.2 U.S. 90
10.2.3 Canada 94
10.2.4 Mexico 96
10.3 European Market 2020-2030 by Country 98
10.3.1 Overview of European Market 98
10.3.2 Germany 102
10.3.3 U.K. 104
10.3.4 France 106
10.3.5 Spain 108
10.3.6 Italy 110
10.3.7 Russia 112
10.3.8 Rest of European Market 114
10.4 Asia-Pacific Market 2020-2030 by Country 116
10.4.1 Overview of Asia-Pacific Market 116
10.4.2 Japan 120
10.4.3 China 123
10.4.4 Australia 125
10.4.5 India 127
10.4.6 South Korea 129
10.4.7 Rest of APAC Region 131
10.5 South America Market 2020-2030 by Country 133
10.5.1 Argentina 136
10.5.2 Brazil 138
10.5.3 Chile 140
10.5.4 Rest of South America Market 142
10.6 MEA Market 2020-2030 by Country 143
10.6.1 UAE 146
10.6.2 Saudi Arabia 148
10.6.3 South Africa 150
10.6.4 Other National Markets 152
11 Competitive Landscape 153
11.1 Overview of Key Vendors 153
11.2 New Product Launch, Partnership, Investment, and M&A 156
11.3 Company Profiles 157
Autotalks Ltd. 157
Cohda Wireless 159
Continental AG 160
Delphi Technologies 161
Denso Corporation 162
HAAS, INC. 163
Harman International 164
Huawei Technologies Co., Ltd. 165
Infineon Technologies AG 166
Lear Corporation 167
Neusoft Corporation 168
NXP Semiconductors N.V. 169
Qualcomm Incorporated 170
Robert Bosch GmbH 171
Rohde & Schwarz 172
Savari, Inc. 173
12 Investing in Global Market: Risk Assessment and Management 174
12.1 Risk Evaluation of Global Market 174
12.2 Critical Success Factors (CSFs) 177
Related Reports and Products 180

List of Tables

Table 1. Snapshot of Global V2X Market in Balanced Perspective, 2020-2030 21
Table 2. Growth Rate of World Real GDP, 2017-2021 25
Table 3. Main Product Trends and Market Opportunities in Global V2X Market 35
Table 4. Global V2X Market by Component, 2020-2030, $ mn 43
Table 5. Global V2X Market: Automotive V2X Hardware by Segment, 2020-2030, $ mn 45
Table 6. Global V2X Market: Automotive V2X Software by Segment, 2020-2030, $ mn 46
Table 7. Global V2X Market by Communication Type, 2020-2030, $ mn 48
Table 8. Global V2X Market by Connectivity, 2020-2030, $ mn 57
Table 9. Global V2X Market by Technology, 2020-2030, $ mn 62
Table 10. Global V2X Market by Vehicle Type, 2020-2030, $ mn 69
Table 11. Global V2X Market by Vehicle Propulsion, 2020-2030, $ mn 74
Table 12. Global V2X Market: Electric Vehicles (EV) by Type, 2020-2030, $ mn 77
Table 13. Global V2X Market by Distribution, 2020-2030, $ mn 78
Table 14. Global V2X Market by Region, 2020-2030, $ mn 83
Table 15. Leading National V2X Market, 2020 and 2030, $ mn 85
Table 16. North America V2X Market by Country, 2020-2030, $ mn 88
Table 17. U.S. V2X Market by Communication Type, 2020-2030, $ mn 92
Table 18. U.S. V2X Market by Connectivity, 2020-2030, $ mn 92
Table 19. U.S. V2X Market by Vehicle Type, 2020-2030, $ mn 92
Table 20. Canada V2X Market by Communication Type, 2020-2030, $ mn 95
Table 21. Canada V2X Market by Connectivity, 2020-2030, $ mn 95
Table 22. Canada V2X Market by Vehicle Type, 2020-2030, $ mn 95
Table 23. Mexico V2X Market by Communication Type, 2020-2030, $ mn 97
Table 24. Mexico V2X Market by Connectivity, 2020-2030, $ mn 97
Table 25. Mexico V2X Market by Vehicle Type, 2020-2030, $ mn 97
Table 26. Europe V2X Market by Country, 2020-2030, $ mn 101
Table 27. Germany V2X Market by Communication Type, 2020-2030, $ mn 103
Table 28. Germany V2X Market by Connectivity, 2020-2030, $ mn 103
Table 29. Germany V2X Market by Vehicle Type, 2020-2030, $ mn 103
Table 30. U.K. V2X Market by Communication Type, 2020-2030, $ mn 105
Table 31. U.K. V2X Market by Connectivity, 2020-2030, $ mn 105
Table 32. U.K. V2X Market by Vehicle Type, 2020-2030, $ mn 105
Table 33. France V2X Market by Communication Type, 2020-2030, $ mn 107
Table 34. France V2X Market by Connectivity, 2020-2030, $ mn 107
Table 35. France V2X Market by Vehicle Type, 2020-2030, $ mn 107
Table 36. Spain V2X Market by Communication Type, 2020-2030, $ mn 109
Table 37. Spain V2X Market by Connectivity, 2020-2030, $ mn 109
Table 38. Spain V2X Market by Vehicle Type, 2020-2030, $ mn 109
Table 39. Italy V2X Market by Communication Type, 2020-2030, $ mn 111
Table 40. Italy V2X Market by Connectivity, 2020-2030, $ mn 111
Table 41. Italy V2X Market by Vehicle Type, 2020-2030, $ mn 111
Table 42. Russia V2X Market by Communication Type, 2020-2030, $ mn 113
Table 43. Russia V2X Market by Connectivity, 2020-2030, $ mn 113
Table 44. Russia V2X Market by Vehicle Type, 2020-2030, $ mn 113
Table 45. V2X Market in Rest of Europe by Country, 2020-2030, $ mn 115
Table 46. APAC V2X Market by Country, 2020-2030, $ mn 118
Table 47. Japan V2X Market by Communication Type, 2020-2030, $ mn 122
Table 48. Japan V2X Market by Connectivity, 2020-2030, $ mn 122
Table 49. Japan V2X Market by Vehicle Type, 2020-2030, $ mn 122
Table 50. China V2X Market by Communication Type, 2020-2030, $ mn 124
Table 51. China V2X Market by Connectivity, 2020-2030, $ mn 124
Table 52. China V2X Market by Vehicle Type, 2020-2030, $ mn 124
Table 53. Australia V2X Market by Communication Type, 2020-2030, $ mn 126
Table 54. Australia V2X Market by Connectivity, 2020-2030, $ mn 126
Table 55. Australia V2X Market by Vehicle Type, 2020-2030, $ mn 126
Table 56. India V2X Market by Communication Type, 2020-2030, $ mn 128
Table 57. India V2X Market by Connectivity, 2020-2030, $ mn 128
Table 58. India V2X Market by Vehicle Type, 2020-2030, $ mn 128
Table 59. South Korea V2X Market by Communication Type, 2020-2030, $ mn 130
Table 60. South Korea V2X Market by Connectivity, 2020-2030, $ mn 130
Table 61. South Korea V2X Market by Vehicle Type, 2020-2030, $ mn 130
Table 62. V2X Market in Rest of APAC by Country, 2020-2030, $ mn 132
Table 63. South America V2X Market by Country, 2020-2030, $ mn 135
Table 64. Argentina V2X Market by Communication Type, 2020-2030, $ mn 137
Table 65. Argentina V2X Market by Connectivity, 2020-2030, $ mn 137
Table 66. Argentina V2X Market by Vehicle Type, 2020-2030, $ mn 137
Table 67. Brazil V2X Market by Communication Type, 2020-2030, $ mn 139
Table 68. Brazil V2X Market by Connectivity, 2020-2030, $ mn 139
Table 69. Brazil V2X Market by Vehicle Type, 2020-2030, $ mn 139
Table 70. Chile V2X Market by Communication Type, 2020-2030, $ mn 141
Table 71. Chile V2X Market by Connectivity, 2020-2030, $ mn 141
Table 72. Chile V2X Market by Vehicle Type, 2020-2030, $ mn 141
Table 73. MEA V2X Market by Country, 2020-2030, $ mn 145
Table 74. UAE V2X Market by Communication Type, 2020-2030, $ mn 147
Table 75. UAE V2X Market by Connectivity, 2020-2030, $ mn 147
Table 76. UAE V2X Market by Vehicle Type, 2020-2030, $ mn 147
Table 77. Saudi Arabia V2X Market by Communication Type, 2020-2030, $ mn 149
Table 78. Saudi Arabia V2X Market by Connectivity, 2020-2030, $ mn 149
Table 79. Saudi Arabia V2X Market by Vehicle Type, 2020-2030, $ mn 149
Table 80. South Africa V2X Market by Communication Type, 2020-2030, $ mn 151
Table 81. South Africa V2X Market by Connectivity, 2020-2030, $ mn 151
Table 82. South Africa V2X Market by Vehicle Type, 2020-2030, $ mn 151
Table 83. Autotalks Ltd.: Company Snapshot 157
Table 84. Autotalks Ltd.: Business Segmentation 157
Table 85. Autotalks Ltd.: Product Portfolio 158
Table 86. Autotalks Ltd.: Revenue, 2017-2019, $ mn 158
Table 87. Risk Evaluation for Investing in Global Market, 2020-2030 175
Table 88. Critical Success Factors and Key Takeaways 178


List of Figures

Figure 1. Research Method Flow Chart 14
Figure 2. Breakdown of Primary Research 16
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 18
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2030 20
Figure 5. Global V2X Market, 2020-2030, $ mn 23
Figure 6. Impact of COVID-19 on Business 27
Figure 7. Primary Drivers and Impact Factors of Global V2X Market 29
Figure 8. Primary Restraints and Impact Factors of Global V2X Market 32
Figure 9. Investment Opportunity Analysis 36
Figure 10. Porter’s Fiver Forces Analysis of Global V2X Market 39
Figure 11. Breakdown of Global V2X Market by Component, 2020-2030, % of Revenue 44
Figure 12. Global Addressable Market Cap in 2021-2030 by Component, Value ($ mn) and Share (%) 44
Figure 13. Global V2X Market: Automotive V2X Hardware, 2020-2030, $ mn 45
Figure 14. Global V2X Market: Automotive V2X Software, 2020-2030, $ mn 46
Figure 15. Global V2X Market: Automotive V2X Service, 2020-2030, $ mn 47
Figure 16. Breakdown of Global V2X Market by Communication Type, 2020-2030, % of Sales Revenue 49
Figure 17. Global Addressable Market Cap in 2021-2030 by Communication Type, Value ($ mn) and Share (%) 49
Figure 18. Global V2X Market: Vehicle-to-Pedestrian (V2P), 2020-2030, $ mn 50
Figure 19. Global V2X Market: Vehicle-to-Grid (V2G), 2020-2030, $ mn 51
Figure 20. Global V2X Market: Vehicle-To-Cloud (V2C), 2020-2030, $ mn 52
Figure 21. Global V2X Market: Vehicle-to-Infrastructure (V2I), 2020-2030, $ mn 53
Figure 22. Global V2X Market: Vehicle-to-Device (V2D), 2020-2030, $ mn 54
Figure 23. Global V2X Market: Vehicle-to-Vehicle (V2V), 2020-2030, $ mn 55
Figure 24. Global V2X Market: Other Communication Types, 2020-2030, $ mn 56
Figure 25. Breakdown of Global V2X Market by Connectivity, 2020-2030, % of Sales Revenue 58
Figure 26. Global Addressable Market Cap in 2021-2030 by Connectivity, Value ($ mn) and Share (%) 58
Figure 27. Global V2X Market: Dedicated Short-Range Communication (DSRC), 2020-2030, $ mn 59
Figure 28. Global V2X Market: Cellular-V2X (C-V2X), 2020-2030, $ mn 60
Figure 29. Global V2X Market: Other Connectivity Types, 2020-2030, $ mn 61
Figure 30. Breakdown of Global V2X Market by Technology, 2020-2030, % of Revenue 63
Figure 31. Global Addressable Market Cap in 2021-2030 by Technology, Value ($ mn) and Share (%) 63
Figure 32. Global V2X Market: Emergency Vehicle Notification, 2020-2030, $ mn 64
Figure 33. Global V2X Market: Automated Driver Assistance, 2020-2030, $ mn 65
Figure 34. Global V2X Market: Passenger Information System, 2020-2030, $ mn 66
Figure 35. Global V2X Market: Line of Sight, 2020-2030, $ mn 67
Figure 36. Global V2X Market: Other Technologies, 2020-2030, $ mn 68
Figure 37. Breakdown of Global V2X Market by Vehicle Type, 2020-2030, % of Revenue 70
Figure 38. Global Addressable Market Cap in 2021-2030 by Vehicle Type, Value ($ mn) and Share (%) 70
Figure 39. Global V2X Market: Passenger Cars, 2020-2030, $ mn 71
Figure 40. Global V2X Market: Light Commercial Vehicles, 2020-2030, $ mn 72
Figure 41. Global V2X Market: Heavy Commercial Vehicles, 2020-2030, $ mn 73
Figure 42. Breakdown of Global V2X Market by Vehicle Propulsion, 2020-2030, % of Revenue 74
Figure 43. Global Addressable Market Cap in 2021-2030 by Vehicle Propulsion, Value ($ mn) and Share (%) 75
Figure 44. Global V2X Market: Internal Combustion Engine (ICE) Vehicles, 2020-2030, $ mn 76
Figure 45. Global V2X Market: Electric Vehicles (EV), 2020-2030, $ mn 77
Figure 46. Breakdown of Global V2X Market by Distribution, 2020-2030, % of Revenue 78
Figure 47. Global Addressable Market Cap in 2021-2030 by Distribution, Value ($ mn) and Share (%) 79
Figure 48. Global V2X Market: Original Equipment Manufacturer (OEM), 2020-2030, $ mn 80
Figure 49. Global V2X Market: Aftermarket, 2020-2030, $ mn 81
Figure 50. Global Market Snapshot by Region 82
Figure 51. Geographic Spread of Worldwide V2X Market, 2020-2030, % of Sales Revenue 83
Figure 52. Global Addressable Market Cap in 2021-2030 by Region, Value ($ mn) and Share (%) 84
Figure 53. North American V2X Market, 2020-2030, $ mn 87
Figure 54. Breakdown of North America V2X Market by Country, 2020 and 2030, % of Revenue 88
Figure 55. Contribution to North America 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 89
Figure 56. U.S. V2X Market, 2020-2030, $ mn 91
Figure 57. Canada V2X Market, 2020-2030, $ mn 94
Figure 58. V2X Market in Mexico, 2015-2030, $ mn 96
Figure 59. European V2X Market, 2020-2030, $ mn 99
Figure 60. Breakdown of European V2X Market by Country, 2020 and 2030, % of Revenue 100
Figure 61. Contribution to Europe 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 101
Figure 62. V2X Market in Germany, 2020-2030, $ mn 102
Figure 63. V2X Market in U.K., 2020-2030, $ mn 104
Figure 64. V2X Market in France, 2020-2030, $ mn 106
Figure 65. V2X Market in Spain, 2020-2030, $ mn 108
Figure 66. V2X Market in Italy, 2020-2030, $ mn 110
Figure 67. V2X Market in Russia, 2020-2030, $ mn 112
Figure 68. V2X Market in Rest of Europe, 2020-2030, $ mn 114
Figure 69. Asia-Pacific V2X Market, 2020-2030, $ mn 117
Figure 70. Breakdown of APAC V2X Market by Country, 2020 and 2030, % of Revenue 117
Figure 71. Contribution to APAC 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 119
Figure 72. V2X Market in Japan, 2020-2030, $ mn 121
Figure 73. V2X Market in China, 2020-2030, $ mn 123
Figure 74. V2X Market in Australia, 2020-2030, $ mn 125
Figure 75. V2X Market in India, 2020-2030, $ mn 127
Figure 76. V2X Market in South Korea, 2020-2030, $ mn 129
Figure 77. V2X Market in Rest of APAC, 2020-2030, $ mn 131
Figure 78. South America V2X Market, 2020-2030, $ mn 134
Figure 79. Breakdown of South America V2X Market by Country, 2020 and 2030, % of Revenue 134
Figure 80. Contribution to South America 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 135
Figure 81. V2X Market in Argentina, 2020-2030, $ mn 136
Figure 82. V2X Market in Brazil, 2020-2030, $ mn 138
Figure 83. V2X Market in Chile, 2020-2030, $ mn 140
Figure 84. V2X Market in Rest of South America, 2020-2030, $ mn 142
Figure 85. V2X Market in Middle East and Africa (MEA), 2020-2030, $ mn 144
Figure 86. Breakdown of MEA V2X Market by Country, 2020 and 2030, % of Revenue 144
Figure 87. Contribution to MEA 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 145
Figure 88. V2X Market in UAE, 2020-2030, $ mn 146
Figure 89. V2X Market in Saudi Arabia, 2020-2030, $ mn 148
Figure 90. V2X Market in South Africa, 2020-2030, $ mn 150
Figure 91. Growth Stage of Global V2X Industry over the Forecast Period 153

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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