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Download Free sampleThe global Automotive Vehicle to Everything (V2X) market was valued at 1427.48 Million USD in 2021 and will grow with a CAGR of 27.9% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of Automotive Vehicle Everything Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Vehicle Everything Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Vehicle-to-X refers to an intelligent transport system where all vehicles and infrastructure systems are interconnected with each other.This connectivity will provide more precise knowledge of the traffic situation across the entire road network which in turn will help: Optimize traffic flows, Reduce congestion, cut accident numbers, Minimize emissions. V2X technology is based on 5.9GHz Dedicated Short Range Communication, a derivative of WiFi specifically defined for fast moving objects. It allows vehicles to communicate their state, such as their position and speed, to surrounding vehicles and infrastructures even in non-line-of-sight condition, such as behind a building or a curve. The continuing push to improve safety while reducing the emissions and energy consumption resulting from transportation is driving the development of a number of crucial technologies, including electrification and automated driving systems. One of the key enabling systems for the success of both is the provision of real-time data to vehicles, drivers, and pedestrians through vehicle-to-external communications (V2X) using dedicated short-range communications (DSRC).
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