V2X Industry Size

The report "V2X Market by Vehicle Type (PC, CV), V2X Communication Type (V2I, V2V+V2I, V2V+V2N), V2X Charging Type (V2L, V2H+V2L), Connectivity (CV2X, DSRC), Propulsion (ICE, EV), Offering, Technology, Fitment, Unit, and Region - Global Forecast to 2035", is projected to grow from USD 0.50 billion in 2026 and to reach USD 4.05 billion by 2035, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period.

Browse 250 market data Tables and 80 Figures spread through 350 Pages and in-depth TOC on "V2X Market by Vehicle Type (PC, CV), V2X Communication Type (V2I, V2V+V2I, V2V+V2N), V2X Charging Type (V2L, V2H+V2L), Connectivity (CV2X, DSRC), Propulsion (ICE, EV), Offering, Technology, Fitment, Unit, and Region - Global Forecast to 2035"
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V2X adoption is driven by regulatory support for connected road safety, OEM integration of communication hardware, and the technical advantages of direct vehicle communication. C-V2X uses LTE-based PC5 sidelink to exchange safety messages without relying on cellular network coverage, supporting low-latency V2V and V2I communication. Its ability to support non-line-of-sight communication, including around obstructing vehicles and buildings, improves awareness of hazards beyond the driver's view. While 4G cellular connectivity suffices for many network-based services, direct PC5 communication suits time-critical local safety messages, and 5G NR V2X supports more advanced use cases such as cooperative perception and coordinated driving. Regulatory action is reinforcing this shift, with the US FCC adopting rules in November 2024 to transition ITS operations in the 5.9 GHz band toward C V2X. OEM adoption will depend on deployment scale, spectrum harmonization, interoperability, and availability of compatible roadside infrastructure.

Global C-V2X Deployment Expands Opportunities for Connected Vehicle Suppliers

• The Ministry of Road Transport and Highways issued draft rules for factory-installed C-V2X onboard units under AIS 230. The proposed timeline requires compliance for equipped vehicles from October 2027 and V2V fitment from October 2028 across vehicle categories L, M, and N. The framework includes emergency braking alerts, forward collision warnings, and wrong-way driving alerts.
• The Centre for Development of Advanced Computing issued an expression of interest inviting Indian companies to obtain technology transfer, licensing and commercialization rights for its C-V2X communication platform.
• LG began mass production and deliveries of a 5G Release 16 smart telematics solution to a premium European automaker. The module integrates communications hardware and up to 12 antennas, supporting 5G, GNSS, Wi Fi and V2X connectivity.
• The US Department of Transportation's ITS Joint Program Office reported that V2X Accelerator sites in Arizona, Texas and Utah had completed two of three operational readiness demonstrations, with another demonstration planned later in the year.

V2X deployment is expected to progress from connected-vehicle services already supported by cellular networks toward broader adoption of direct vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-pedestrian (V2P) communications, prioritizing collision avoidance, hazard alerts, and enhanced ADAS. Over the next 2–3 years, Europe is expected to emerge as an early market for mass deployment of 5G-V2X Direct-enabled vehicles and services, with 2026–2029 identified as a key rollout window. Beyond 2029, deployment is likely to expand toward vulnerable-road-user protection, infrastructure-enabled safety, and connected and automated driving. In parallel, bidirectional V2X, particularly vehicle-to-home/building (V2H/V2B) and vehicle-to-grid (V2G), could gain traction as smart charging, interoperability, and energy-market frameworks mature, enabling EVs to support grid flexibility and renewable-energy integration.

" V2V + V2N Communication Gains Traction Through Connected Safety and Cloud Integration"

V2V + V2N communication is gaining traction as C-V2X platforms combine direct PC5 sidelink messaging for low-latency vehicle alerts with cellular Uu connectivity for cloud-based hazard notifications and traffic data. This configuration supports collision warnings, emergency braking alerts, and vehicle-generated hazard broadcasts alongside network-delivered road event information. For instance, HARMAN introduced its Ready Aware V2N solution with HERE Technologies, enabling near-real-time alerts for sudden braking, stationary vehicles, road hazards, and intersection risks through 4G and 5G connectivity, including deployment through software updates in compatible connected vehicles. This development highlights opportunities for integrated V2V and V2N platforms, cellular telematics modules, and connected safety software across passenger cars and commercial vehicles, particularly in markets expanding connected mobility services.

" Passenger Car Segment Expands with Embedded V2X and Connected Infotainment Integration"

Passenger cars are expected to support growing V2X demand as automakers incorporate vehicle connectivity into centralized electronic architectures and connected infotainment platforms. Integration of V2X with ADAS domain controllers enables external traffic signal data, approaching vehicle alerts, and road hazard messages to complement camera and radar inputs, particularly at blind intersections and non-line-of-sight scenarios. China's vehicle road cloud integration pilot is advancing C-V2X deployment, while European and Japanese OEMs are developing connected safety functions. For instance, the Honda Legend introduced Level 3 automated driving with cooperative safety technologies, while the Volkswagen Golf supports Car2X communication in equipped versions. These developments create opportunities for automotive-grade V2X chipsets, integrated telematics units, secure message processing, and standardized interfaces across vehicle platforms.

“C V2X Adoption Accelerates Through China's Vehicle Road Cloud Integration”

China's vehicle road cloud integration pilot for 2024 to 2026 is driving coordinated deployment of C-V2X onboard units, roadside units, and cloud traffic platforms across selected city clusters. The technical opportunity lies in integrating PC5 direct communication for low-latency safety messages with Uu cellular connectivity for cloud-based traffic information, while maintaining message authentication, GNSS timing accuracy, and interoperability across vehicle and roadside equipment. For instance, China's pilot program targets coordinated vehicle, road, and cloud infrastructure, creating demand for C-V2X systems that support signal phase and timing delivery, intersection collision alerts, and cooperative perception. Suppliers with integrated communication chipsets, security credential management, and compatible roadside platforms are positioned to address OEM and infrastructure procurement requirements.

Key Players

The V2X market includes established semiconductor, automotive electronics, and connectivity technology providers, including Qualcomm (US), HARMAN International (US), Huawei Technologies (China), NXP Semiconductors (Netherlands), and Bosch (Germany). Market participants are focusing on C V2X chipsets, 5G NR V2X communication modules, onboard units (OBUs), roadside units (RSUs), and integrated telematics platforms to support vehicle connectivity and cooperative safety applications. OEMs and Tier 1 suppliers are prioritizing low-latency communication, interoperability, cybersecurity, spectrum compliance, and integration with advanced driver assistance systems. Strategic initiatives include investments in 5G-based V2X platforms, development of software-upgradeable communication modules, partnerships with automotive OEMs and road infrastructure operators, expansion of roadside connectivity deployments, and integration of cooperative perception and edge computing technologies to enable collision warnings, intersection safety, and real-time hazard detection.

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