V2x Communication Chipset Market Report
Industry revenue for V2x Communication Chipset is estimated to rise to $5430.7 million by 2035 from $895.9 million of 2024.
Global V2X Communication Chipset Market to Reach $5.43 Billion by 2035
According to recent research by DataString Consulting, the global V2X Communication Chipset Market is forecast to rise from $895.9 million in 2024 to $5,430.7 million by 2035, registering an impressive CAGR ranging from 17.1% to 24.9% across top-performing countries.
Leading markets include the United States, China, Germany, South Korea, and Japan, which collectively hold a dominant share of global demand.
Industry Transformation and Key Growth Drivers
The V2X Communication Chipset ecosystem is being reshaped by:
Rapid adoption of connected vehicles
The global shift towards autonomous mobility
Expanding smart transportation infrastructure
V2X chipsets enable real-time communication between vehicles (V2V) and infrastructure (V2I), thereby enhancing road safety, congestion control, and traffic efficiency. As automakers increasingly embed smart and autonomous driving features, the demand for robust V2X chipsets is rising sharply.
High-Potential Application Areas
1. Traffic Management Systems
V2X chipsets—especially DSRC and Cellular-V2X (C-V2X)—play a vital role in optimizing urban traffic flow by:
Providing real-time updates on congestion
Enabling smart signaling and routing
Major contributors in this space include Continental AG and Qualcomm Technologies.
2. Fleet Management & Asset Tracking
C-V2X chipsets are widely used for:
Vehicle tracking
Route optimization
Predictive maintenance
Companies such as Autotalks Ltd. and Savari Inc. are driving innovation in fleet connectivity, particularly for logistics and smart transportation operators.
Competitive Landscape and Strategic Initiatives
The V2X Communication Chipset market is highly competitive, with innovation-led growth driven by leading global players:
Company
Strategic Focus
Intel Corporation
Embedding next-gen V2X capabilities to enhance safety and inter-vehicle connectivity
Qualcomm Technologies
Enabling smart city ecosystems via reliable, real-time data transmission
NXP Semiconductors
Accelerating adoption of V2X in public safety and emergency vehicles
Autotalks Ltd.
Leading DSRC-based chipset development for effective urban traffic control
Additional major players include:
ON Semiconductor
STMicroelectronics
Infineon Technologies AG
Robert Bosch GmbH
Texas Instruments Incorporated
Renesas Electronics Corporation
These companies are investing in strategic collaborations, technology platforms, and OEM integrations to expand global reach and diversify V2X capabilities.
Regional Market Dynamics
Top 5 Markets:
United States
China
Germany
South Korea
Japan
These countries are witnessing rapid growth due to:
Established automotive industries
Smart city initiatives
Aggressive investments in autonomous mobility and communication infrastructure
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Research Scope Breakdown
Segment
Subsegment
Technology
Dedicated Short-Range Communication (DSRC), Cellular-V2X (C-V2X)
Application Areas
Automotive, Traffic Management, Fleet & Asset Management, Parking, Infotainment
Product Variants
Integrated Chips, Standalone Chips
Provider Type
OEM, Aftermarket
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