© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Cellular Vehicle to Everything Market is set to see healthy CAGR during 2018 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The Europe Cellular Vehicle to Everything Market held the highest market share of around 40% in 2018 and will maintain the market dominance over the forecast period. The key factors influencing the market growth are large-scale initiatives by the automotive industry associations and government authorities for the rapid testing and deployment of autonomous & connected car technologies  The EU has allocated a budget of around USD 353 million from the EU's framework program for research and innovation, Horizon 2020, to support R&D on automated vehicles. Such initiatives will accelerate the incorporation of C-V2X solutions in commercial as well as passenger vehicles in the region. Regional Analysis of Cellular Vehicle to Everything Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Cellular Vehicle to Everything Market  The commercial vehicle segment is attracting more R&D and investments for autonomous driving technology to reduce fleet management costs in the transport sector. V2V communication technologies are being extensively tested and deployed for platooning applications in commercial fleets, wherein multiple trucks drive in unison in very close proximity. Peloton, a Silicon Valley company developing this technology observed that it reduces fuel consumption for the lead trucks by 4.5% and the following trucks by 10%. V2V proves to be an excellent underlying technology that enables platooning in an effective manner for commercial fleets driving for long distances.  The collision avoidance segment is projected to hold a majority Cellular Vehicle to Everything Market share of around 30% by With extensive research being conducted on Intelligent Transportation Systems (ITS), the use of inter-vehicle cooperative (active) safety systems is being increasingly studied & tested in vehicles to avoid vehicle collisions.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The key players operating in the global Cellular Vehicle to Everything Market are focusing on collaborations and partnerships for testing C-V2X solutions. For instance, in June 2018, Ford, Panasonic, Qualcomm, and the Colorado Department of Transportation (CDOT) announced a plan for the deployment of C-V2X technology at Panasonic’s CityNOW headquarters in Denver on select roadways. Under the deployment, Kapsch TrafficCom provided Roadside Units (RSUs) and Ficosa International provided C-V2X Onboard Units (OBUs). Competitive Market Share of Cellular Vehicle to Everything Market :

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