Title: Vehicle to Pedestrian Communications Market - Forecast (2023 - 2028)
1Vehicle to Pedestrian Communications Market -
Forecast 2022-2027
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- The Vehicle to Pedestrian Communications market
size is estimated to reach 1871.5 Million by
2027, growing at a CAGR of 12.3 during the
forecast period 2022-2027. - The factors that impact the Vehicle to Pedestrian
Communications market include stringent
government regulations on installation of
advanced driver assistance systems (ADAS), rapid
rise in roadside accidents or fatalities and so
on. Additionally, increasing preference for
cellular and dedicated short-range communications
for improving vehicular communication alongside
high investments in the development of autonomous
and self-driving cars have been aiding its market
growth.
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- Key Takeaways
- Cellular Vehicle to Pedestrian Communications
segment held the largest market share in 2021,
owing to rising advancement towards 5G networks,
growing demand for connected vehicles, and so on. - Europe Vehicle to Pedestrian Communications
market held the largest share in 2021, owing to
an increasing shift towards improving vehicular
communication infrastructures as well as high
adoption of V2X technologies from Volkswagen, BMW
Group and other major automakers.
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- By Distribution Channel- Segment Analysis
- Growing advancement towards 5G cellular networks,
rising consumer demands for connected vehicles,
and so on are the major drivers boosting the
market growth. - In November 2021, SoftBank Corp. and Honda RD
Co. Ltd., announced the start of a use case-based
verification of technologies like 5G standalone
mobile communication system as well as a cellular
V2X communication system in order to reduce
collision between vehicles and pedestrians.
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- Vehicle to Pedestrian Communications Market
- Harman International
- LG Electronics
- Infineon Technologies AG
- Autotalks Ltd.
- Honda Motor Co. Ltd.
- Denso Corporation
- Continental AG
- Valeo
- Robert Bosch GmbH
- Qualcomm Technologies Inc.
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Vehicle to Pedestrian Communications
Market Learn More About the Report
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- Data Tables
- Key Contacts
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com