V2X means vehicle-to-everything. Automotive V2X antennas are used by vehicles so that they can communicate better with the outside world. Vehicle-to-infrastructure (V2I) is a type of V2X technology where exchange of information and data occurs bi-directionally between a vehicle and infrastructures during the journey to make travel secure for passengers. V2I communication is exchange of traffic data and information between a vehicle and traffic signal systems, radio frequency identification (RFID) readers, signage and parking meters, streetlights, lane markers, traffic lights and cameras among others. V2I sensors capture data and transfer it over an ad-hoc network using a dedicated short range communications (DSRC) frequencies.
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Vehicle-to-vehicle (V2V) like V2I is another V2X technology that wireless exchange information and data bi-directionally between vehicles. V2V uses ad-hoc networks for communication. Generally ad-hoc networks are classified into two classes: mobile and static. Mobile communication is the most important technology for V2X communication. In static ad-hoc networks, mobile devices communicate with the base station systems (BTSs) that are fixed to network infrastructure. This ad-hoc network is commonly known as MANETs (Mobile Ad-hoc Networks). In mobile ad-hoc networks, the nodes are not fixed but move from one location to another just like vehicles moves from one place to another. V2V technology uses a mobile ad-hoc network known as vehicular ad-hoc networks (VANETs). VANETs are a variation of MANNETs. In the U.S., the V2V standard is known as wireless access for vehicular environments (WAVE).
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Vehicle-to-pedestrian (V2P) is information transmitted to a vehicle about a pedestrian to increase passenger, bicyclists, pedestrian, and other non-vehicle occupant’s safety. V2P warning systems can be installed inside the vehicles such as forward collision warning and blind spot warning which are collectively known as automatic or autonomous emergency braking systems.
Vehicle-to-device (V2D) is an information transfer between a vehicle and electronic device. The electronic device may be connected to the vehicle itself. As importance of passenger and road safety is increasing vehicles are connected to mobiles for safer and better driving experiences. Vehicle-to-grid (V2G) is a system used by hybrid electric vehicles (HEV) and electric vehicles to communicate with power distribution grids by returning excess electricity to grid or charging the battery as per requirement.
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Automotive V2X antenna market is classified into vehicle-to-grid (V2G), vehicle-to-device (V2D), vehicle-to-pedestrian (V2P), vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V). By vehicle type, the market is segmented into petrol/diesel vehicles and electric vehicles.
By geography, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is a major V2X market. The U.S is the largest V2X market in the region. Canada and Mexico are other major markets in this region. Europe is one of the largest V2X markets dominated by Germany. The U.K, France, Italy, Spain, Belgium, Sweden and Netherlands are major markets in this region. Asia Pacific is a significant V2X market. China is anticipated to be the largest market in this region. Japan, South Korea, India, and Australia are other major markets in this region. Middle East & Africa and Latin America are other V2X markets, led by Iran, Turkey, South Africa, Brazil and Argentina.
Rising safety concern is the major factor driving the adoption of V2X technologies by automotive manufacturers across the world. NHTSA (National Highway Traffic Safety Administration) of the U.S has asked automotive manufacturers in the U.S. to install automatic or autonomous emergency braking (AEB) in all cars and light vehicle trucks by model year 2024 and 2025 respectively. This is anticipated to increase the adoption of V2X technology in the U.S.
The report highlights the various competitive strategies adopted by key players operating in the market to gain market share. Company profiles include company details, market presence by geography and segments, strategic overview, SWOT analysis, and historical revenue. The report also contains details of market share analysis of key players in the market. Some of the major firms operating in the V2X market are Harada Industry Co. Ltd. (Japan), Yokowo Co. Ltd (Japan), Laird PLC (the U.K), Hirschmann Car Communication GmbH (Germany), Ethertronics Inc. (the U.S), KATHREIN Automotive GmbH (Germany), Amphenol (the U.S), Antenova Ltd (the U.K), Antonics-ICP GmbH (Germany)and Autotalks Ltd. (Israel).
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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