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Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market Size study, By Component (Hardware, Software, Services), By Application (Dedicated Short-Range Communications, Cellular, Wi-Fi, WiMAX, Bluetooth) and Country Forecasts 2022-2032

July 2024 | 200 pages | ID: A6C8477ECE1AEN
Bizwit Research & Consulting LLP

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Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market is valued at approximately USD 70 million in 2023 and is anticipated to grow with a healthy growth rate of more than 34.53% over the forecast period 2024-2032. Vehicle-to-Infrastructure (V2I) communication is a technology that enables automobiles to interact and share data with infrastructure elements such as traffic signals, road signs, and other vehicles. V2I communication's key goals are to improve road safety, reduce traffic congestion, promote environmental sustainability, and improve the overall driving experience. Furthermore, rising focus on road safety are gaining attention towards Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market. V2I communication enhances road safety by providing real-time information on traffic signals, road conditions, and potential hazards. Countries are increasingly adopting V2I technologies to reduce accidents and fatalities on the roads.

The Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market is driven by a growing rate of urbanization and deployment of 5G networks across the region. Urbanization leads to a higher concentration of people and vehicles in cities, resulting in increased traffic congestion. V2I communication helps mitigate congestion by optimizing traffic flow through real-time data exchange between vehicles and infrastructure. This allows for dynamic traffic management, better coordination of traffic signals, and efficient routing, easing congestion in densely populated urban areas. In addition, 5G technology provides the necessary bandwidth and low latency for real-time data exchange between vehicles and infrastructure, enabling more reliable and efficient V2I systems. Countries such as China and South Korea are leading in 5G deployment, fostering the growth of V2I communication However, high expenses related to Vehicle-to-Infrastructure (V2I) Communication and less availability of V2I-enabled infrastructure is going to impede the overall demand for the market during the forecast period 2024-2032.

The key Countries considered for the Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market study include China, India, Japan, South Korea, Australia and the Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue owing to factors such as increasing demand of emission-free mobility across the region. Also, China's commitment to emission-free mobility includes substantial investments in smart infrastructure. This includes the deployment of V2I communication systems that support the integration of electric and autonomous vehicles into the transportation network. Furthermore, the market in India is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market players included in this report are:
Huawei Technologies Co., Ltd
Samsung Electronics Co., Ltd
NEC Corporation
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Component
Hardware
Software
Services

By Application
Dedicated Short-Range Communications
Cellular
Wi-Fi
WiMAX
Bluetooth
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
CHAPTER 1. ASIA PACIFIC VEHICLE-TO-INFRASTRUCTURE (V2I) COMMUNICATION MARKET DEFINITION AND RESEARCH ASSUMPTIONS

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
  1.3.1. Inclusion & Exclusion
  1.3.2. Limitations
  1.3.3. Supply Side Analysis
    1.3.3.1. Availability
    1.3.3.2. Infrastructure
    1.3.3.3. Regulatory Environment
    1.3.3.4. Market Competition
    1.3.3.5. Economic Viability (Consumer’s Perspective)
  1.3.4. Demand Side Analysis
    1.3.4.1. Regulatory frameworks
    1.3.4.2. Technological Advancements
    1.3.4.3. Environmental Considerations
    1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
  2.3.1. By Component
  2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

CHAPTER 3. ASIA PACIFIC VEHICLE-TO-INFRASTRUCTURE (V2I) COMMUNICATION MARKET DYNAMICS

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

CHAPTER 4. ASIA PACIFIC VEHICLE-TO-INFRASTRUCTURE (V2I) COMMUNICATION MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. ASIA PACIFIC VEHICLE-TO-INFRASTRUCTURE (V2I) COMMUNICATION MARKET SIZE & FORECASTS BY COMPONENT 2022-2032

5.1. Hardware
5.2. Software
5.3. Services

CHAPTER 6. ASIA PACIFIC VEHICLE-TO-INFRASTRUCTURE (V2I) COMMUNICATION MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Dedicated Short-Range Communications
6.2. Cellular
6.3. Wi-Fi
6.4. WiMAX
6.5. Bluetooth

CHAPTER 7. ASIA PACIFIC VEHICLE-TO-INFRASTRUCTURE (V2I) COMMUNICATION MARKET SIZE & FORECASTS BY COUNTRY 2022-2032

7.1. China Vehicle-to-Infrastructure (V2I) Communication Market
  7.1.1. Component breakdown size & forecasts, 2022-2032
  7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Vehicle-to-Infrastructure (V2I) Communication Market
7.3. Japan Vehicle-to-Infrastructure (V2I) Communication Market
7.4. Australia Vehicle-to-Infrastructure (V2I) Communication Market
7.5. South Korea Vehicle-to-Infrastructure (V2I) Communication Market
7.6. Rest of Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Huawei Technologies Co., Ltd
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Samsung Electronics Co., Ltd
  8.3.3. NEC Corporation
  8.3.4. Company
  8.3.5. Company
  8.3.6. Company
  8.3.7. Company
  8.3.8. Company
  8.3.9. Company
  8.3.10. Company

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, report scope
TABLE 2. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by Component 2022-2032 (USD Million)
TABLE 4. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. China Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. China Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. China Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. India Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. India Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. India Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Japan Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. Japan Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Japan Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Australia Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Australia Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Australia Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. South Korea Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. South Korea Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. South Korea Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30.
TABLE 31. RoAPAC Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoAPAC Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoAPAC Vehicle-to-Infrastructure (V2I) Communication market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Vehicle-to-Infrastructure (V2I) Communication Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered.

LIST OF FIGURES

FIG 1. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, research methodology
FIG 2. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, key trends 2023
FIG 5. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, growth prospects 2022-2032
FIG 6. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, porters 5 force model
FIG 7. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, pestel analysis
FIG 8. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, value chain analysis
FIG 9. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, 2022 & 2032 (USD Million)
FIG 10. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, 2022 & 2032 (USD Million)
FIG 11. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, 2022 & 2032 (USD Million)
FIG 12. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, 2022 & 2032 (USD Million)
FIG 13. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market by segment, 2022 & 2032 (USD Million)
FIG 14. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Vehicle-to-Infrastructure (V2I) Communication market 2022 & 2032 (USD Million)
FIG 16. Asia Pacific Vehicle-to-Infrastructure (V2I) Communication market, company market share analysis (2023)


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