Europe 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

Description

List of Tables

Europe Vehicle-to-Infrastructure (V2I) Communication Market is valued approximately USD 120 million in 2023 and is anticipated to grow with a healthy growth rate of more than 39.30% over the forecast period 2024-2032. Vehicle-to-Infrastructure (V2I) Communication is a technology enabling vehicles to exchange data with nearby infrastructure elements such as traffic signals, road signs, and other vehicles. The key objectives of V2I communication include improving road safety, reducing traffic congestion, promoting environmental sustainability, and enhancing the overall driving experience. The rising focus on sustainable transportation is gaining attention in the Europe Vehicle-to-Infrastructure (V2I) Communication Market. European countries are committed to reducing carbon emissions and promoting sustainable transportation. V2I communication contributes to these goals by optimizing traffic flow, reducing idle times, and lowering fuel consumption. These environmental benefits support the Europe's stringent emissions regulations and sustainability targets.

The Europe Vehicle-to-Infrastructure (V2I) Communication Market is driven by the rising number of smart city initiatives and supportive government initiatives toward the improvement of traffic efficiency across the region. European cities are increasingly adopting smart city initiatives that integrate V2I communication to improve urban mobility. These initiatives involve the deployment of smart traffic management systems, connected street lighting, and intelligent transportation networks to reduce congestion, enhance safety, and improve the overall efficiency of urban transportation. In addition, European governments and the European Union are actively supporting the deployment of V2I technologies through various regulations and funding programs. Policies such as the European Cooperative Intelligent Transport Systems (C-ITS) directive are driving the implementation of V2I communication infrastructure, aiming to enhance road safety and traffic efficiency. However, the high pricing of vehicle-to-infrastructure (v2i) communication and limited 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 Europe Vehicle-to-Infrastructure (V2I) Communication market study include the UK, Germany, France, Italy, Spain, and the Rest of Europe. In 2023, Germany was the largest regional market in terms of revenue owing to factors such as increasing demand of automotive safety features across the region. The German government is actively investing in smart infrastructure and transportation systems. Initiatives such as the National Platform for Electric Mobility and the Digital Auto Roadmap are promoting the deployment of V2I technologies to enhance road safety and traffic efficiency. These government-backed programs provide funding and support for developing and deploying V2I communication systems, benefiting the entire European market. Furthermore, the market in UK is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market players included in this report are:

NXP Semiconductors N.V.
Phinia Inc
Infineon Technologies AG
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:

Europe
UK
Germany
France
Spain
Italy
ROE

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.
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. Europe 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. Europe 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. Europe Vehicle-to-Infrastructure (V2I) Communication Market Dynamics

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

Chapter 4. Europe 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. Europe Vehicle-to-Infrastructure (V2I) Communication Market Size & Forecasts by Component 2022-2032

5.1. Hardware
5.2. Software
5.3. Services

Chapter 6. Europe 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. Europe Vehicle-to-Infrastructure (V2I) Communication Market Size & Forecasts by Country 2022-2032

7.1. U.K. 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. Germany Vehicle-to-Infrastructure (V2I) Communication Market
7.3. France Vehicle-to-Infrastructure (V2I) Communication Market
7.4. Spain Vehicle-to-Infrastructure (V2I) Communication Market
7.5. Italy Vehicle-to-Infrastructure (V2I) Communication Market
7.6. Rest of Europe Vehicle-to-Infrastructure (V2I) Communication Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. NXP Semiconductors N.V.
  - 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. Phinia Inc
- 8.3.3. Infineon Technologies AG

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

LIST OF FIGURES

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