Global Vehicle-To-Everything (V2X) Test Equipment Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Device Type;

Signal & Spectrum Analyzer, Simulator & Emulator, HIL Test System, and RF Conformance & Communication Test Equipment.

By Service Type;

System Integration, Support & Maintenance, and Consulting.

By Connectivity Type;

DSRC Connectivity and Cellular Connectivity.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn802769465 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Vehicle-To-Everything (V2X) Test Equipment Market (USD Million), 2020 - 2030

In the year 2023, the Global Vehicle-To-Everything (V2X) Test Equipment Market was valued at USD 5,028.57 million. The size of this market is expected to increase to USD 14,399.85 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 16.2%.

The global market for Vehicle-To-Everything (V2X) test equipment is witnessing significant growth propelled by the widespread deployment and adoption of connected vehicle technologies worldwide. V2X test equipment plays a critical role in ensuring the reliability, performance, and interoperability of communication systems that enable vehicles to interact with other vehicles, infrastructure, pedestrians, and cyclists. These test systems are essential for conducting comprehensive evaluations of V2X technologies, covering vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), and vehicle-to-network (V2N) communications.

Key drivers fueling the expansion of the global V2X test equipment market include a heightened emphasis on improving road safety, traffic management, and overall transportation efficiency through connected vehicle solutions. V2X technologies empower vehicles to share real-time data on road conditions, potential hazards, and traffic situations, necessitating rigorous testing and validation to ensure reliability across diverse scenarios, including urban environments, highways, and adverse weather conditions.

Regulatory initiatives and government support are driving market growth by promoting the adoption of V2X technologies to enhance road safety and reduce traffic congestion. Many countries and regions are implementing standards and regulations that encourage the integration of connected vehicle solutions. In response, V2X test equipment manufacturers are developing advanced testing solutions that comply with regulatory requirements and cater to the evolving needs of automotive manufacturers, suppliers, and transportation agencies. With increasing demand for connected and autonomous vehicles, the global V2X test equipment market is poised for substantial expansion, driven by innovation and the imperative to create safer, more efficient transportation systems globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Device Type
    2. Market Snapshot, By Service Type
    3. Market Snapshot, By Connectivity Type
    4. Market Snapshot, By Region
  4. Global Vehicle-To-Everything (V2X) Test Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Rapid Growth of V2X Technology
        2. Regulatory Mandates
        3. Advancements in Autonomous Vehicles
      2. Restraints:
        1. High Cost of Test Equipment
        2. Interoperability Challenges
        3. Limited Standardization and Certification
      3. Opportunities:
        1. Expansion of Connected Vehicle Ecosystem
        2. Emergence of 5G Connectivity
        3. Focus on Safety and Reliability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Vehicle-To-Everything (V2X) Test Equipment Market, By Device Type, 2020 - 2030 (USD Million)
      1. Signal & Spectrum Analyzer
      2. Simulator & Emulator
      3. HIL Test System
      4. RF Conformance & Communication Test Equipment
    2. Global Vehicle-To-Everything (V2X) Test Equipment Market, By Service Type, 2020 - 2030 (USD Million)
      1. System Integration
      2. Support & Maintenance
      3. Consulting
    3. Global Vehicle-To-Everything (V2X) Test Equipment Market, By Connectivity Type, 2020 - 2030 (USD Million)
      1. DSRC Connectivity
      2. Cellular Connectivity
    4. Global Vehicle-To-Everything (V2X) Test Equipment Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Danlaw Inc.
      2. ROHDE & SCHWARZ
      3. Spirent Communications
      4. TATA ELXI
      5. Autotalks Ltd.
      6. Science & Engineering Applications Datentechnik GmbH
      7. OnBoard Security, Inc.
      8. ADAS IiT
      9. 7layers GmbH
      10. Anritsu
      11. Intertek Group Plc
      12. DEKRA CERTIFICATION B.V.
      13. Sanjole, Inc.
  7. Analyst Views
  8. Future Outlook of the Market

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