VEHICLE-TO-EVERYTHING (V2X) TEST EQUIPMENT MARKET ANALYSIS

Regional Analysis

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa

Asia Pacific region held a dominant position in the global vehicle-to-everything (V2X) test equipment market in 2022

Asia Pacific held a dominant position in the global vehicle-to-everything (V2X) test equipment market in 2022, followed by the North America region.

Asia Pacific held a dominant position in the global vehicle-to-everything (V2X) test equipment market in 2022, owing to rapid development and testing of V2X vehicles and growing investment on connected vehicles infrastructure.

Asia Pacific held dominant position in the global vehicle-to-everything (V2X) test equipment market in 2021, and is expected to retain its dominance throughout the forecast period. This is attributed to growing automotive sector in Asia Pacific coupled with growing investments in the automotive industry to develop C-V2X vehicles and V2X vehicles. In January 2020, Qualcomm Technologies Inc. introduced a new Qualcomm C-V2X reference platform for vehicular and roadside units (RSUs). It complements C-V2X communication solutions by offering computational power to deliver a full suite of 4G and 5G. In October 2021, Infineon Technologies announced to launch the SLS37 V2X hardware security module (HSM) and plug-and-play security solutions for V2X communication. The SLS37 V2X HSM is based on a highly secured, tamper-resistant microcontroller tailored to the security needs in V2X applications within the telematics control unit.