Automotive V2X Market Report 2026

Automotive V2X Market Overview

• Automotive V2X market size has reached to $2.26 billion in 2025 • Expected to grow to $15.49 billion in 2030 at a compound annual growth rate (CAGR) of 47.1% • Growth Driver: Next-Gen Communication Technologies Propel Growth In The Automotive V2X Market • Market Trend: Advancements In 5G-V2X Technology Driving Safer And Smarter Vehicle Communication 5G Technology Emerges As A Driving Force In The Automotive V2X Market • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Automotive V2X Market?

Vehicle to Everything (V2X) is a communication system used in a vehicle that supports the exchange of the from a vehicle to moving components of the traffic system that may have an impact on the vehicle. The technology improves traffic efficiency by notifying drivers to approach traffic, offering other routes to avoid traffic, and spotting unoccupied parking spaces. The main types of technologies in automotive V2X are emergency vehicle notification, automated driver assistance, passenger information system, line of sight, and others, and various connectivity such as DSRC and cellular. The emergency vehicle notification technology provides an emergency vehicle notification system which is a method for notifying traffic of an approaching emergency vehicle. The different vehicle types include passenger cars and commercial vehicles. The several types of communications involved in automotive V2X are vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), vehicle-to-grid (V2G), vehicle-to-cloud (V2C), and vehicle-to device (V2D).

What Is The Automotive V2X Market Growth Forecast?

The automotive v2x market size is expected to see exponential growth in the next few years. It will grow to $15.49 billion in 2030 at a compound annual growth rate (CAGR) of 47.1%. The growth in the forecast period can be attributed to deployment of 5G networks, growth of autonomous vehicle testing, expansion of smart city infrastructure, rising demand for collision avoidance systems, integration of vehicle electrification platforms. Major trends in the forecast period include vehicle to infrastructure communication, real time traffic information exchange, connected road safety systems, cooperative driving applications, low latency vehicle communication.

Global Automotive V2X Market Segmentation

1) By Vehicle Type: Passenger Cars, Commercial Vehicles 2) By Technology: Emergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line Of Sight, Other Technologies 3) By Connectivity: Direct Short-Range Communications (DSRC), Cellular 4) By Communication: Vehicle To Vehicle (V2V), Vehicle To Infrastructure (V2I), Vehicle To Pedestrian (V2P), Vehicle To Grid (V2G), Vehicle To Cloud (V2C), Vehicle To Device (V2D) Subsegments: 1) By Passenger Cars: Sedans, Hatchbacks, SUVs (Sport Utility Vehicles), Coupes, Convertibles 2) By Commercial Vehicles: Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Buses And Coaches, Trucks, Vans

What Is The Driver Of The Automotive V2X Market?

The advancements in next-gen communication technologies such as 5G will drive the automotive V2X market. 5G is the fifth generation of wireless network technology which offers increased speeds, and improved capacity of wireless services. 5G offers greater data transfer potential than previous generation technologies such as 4G and 3G, improving the V2X communication systems. For instance, in April 2023, according to 5G Americas, a US-based industry trade organization composed of leading telecommunications service providers and manufacturers, reported that global 5G wireless connections increased by 76% by the end of 2022, reaching 1.05 billion. This number is projected to reach 5.9 billion by the end of 2027.The growing adoption of 5G will drive demand for V2X technologies used in automobiles, driving the automotive V2X industry.

Key Players In The Global Automotive V2X Market

Major companies operating in the automotive v2x market are Robert Bosch GmbH; NXP Semiconductors N.V.; Qualcomm Technologies Inc.; Volvo Cars; Audi AG; Mercedes-Benz; BMW Group; Ford Motor Company; Cohda Wireless; Savari Inc.; Harman International; AT&T Inc.; Verizon Communications; Autotalks Ltd.; Infineon Technologies AG; STMicroelectronics; Renesas Electronics; Aptiv PLC; Samsung Electronics Co. Ltd.; LG Electronics; Continental AG; Delphi Technologies; Fibocom

Global Automotive V2X Market Trends and Insights

Major companies operating in the automotive V2X market are focusing on developing innovative solutions, such as cellular modules, to enhance real-time communication between vehicles, infrastructure, and pedestrians, thereby improving road safety, traffic efficiency, and enabling higher levels of autonomous driving. Cellular modules are small hardware units that allow devices to access mobile network services for sending or receiving data. For instance, in April 2023, LG Innotek Co. Ltd., a South Korea-based electronics components manufacturer, launched its 2nd-generation 5G-V2X cellular module, designed to support autonomous driving by providing high-speed, reliable communication between vehicles and their surroundings. This module combines communication and RF functionalities into a single compact device, offering improved heat resistance, reduced size, and enhanced connectivity performance under extreme environmental conditions. Its integration facilitates efficient communication for collision avoidance, traffic efficiency, and vehicle coordination in smart mobility systems.

What Are Latest Mergers And Acquisitions In The Automotive V2X Market?

In January 2023, Danlaw Inc, a US-based company specializing in Vehicle-to-Everything (V2X) technology, acquired Cohda Wireless for an undisclosed amount. The acquisition aims to advance connected vehicle safety and smart city solutions as part of Danlaw's global expansion initiative. By combining the strengths, resources, and expertise of both companies, it seeks to enhance safety solutions, improve connectivity and location accuracy, foster smart city advancements, accelerate V2X technology innovation, and strengthen their global footprint. Cohda Wireless is an Australia-based V2X technology provider.

Regional Insights

North America was the largest region in the automotive V2X market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Automotive V2X Market?

The automotive V2X market includes revenues earned by entities by offering to optimize traffic flow, reduce traffic congestion, and lessen the environmental impact of transportation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Automotive V2X Market Report 2026?

The automotive v2x market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the automotive v2x industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.