Module Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecast to 2032 Published On : 13 August 2025
The global C-V2X Module Market size was valued at US$ 547 million in 2024 and is projected to reach US$ 2.34 billion by 2032, at a CAGR of 23.1% during the forecast period 2025-2032.
https://semiconductorinsight.com/download-sample-report/?product_id=107940
Cellular Vehicle-to-Everything (C-V2X) modules are advanced communication technologies enabling real-time data exchange between vehicles, infrastructure, and other road users. These modules leverage both 4G LTE and 5G networks to support critical safety applications, traffic efficiency, and autonomous driving capabilities. Key functionalities include vehicle-to-vehicle (V2V), vehicle-toinfrastructure (V2I), and vehicle-to-pedestrian (V2P) communication. The market growth is driven by increasing government mandates for vehicle safety standards, rapid deployment of 5G infrastructure, and rising demand for connected vehicles. The 5G segment is particularly gaining momentum, projected to achieve a 22.4% CAGR through 2032 due to its ultra-low latency advantages. Major players like Qualcomm, Huawei, and Quectel are accelerating innovation through strategic partnerships and product enhancements to capture this expanding market.
Government Mandates and Smart City Initiatives Accelerate C-V2X Adoption
5G Network Rollouts Create Infrastructure for Low-Latency V2X Communication
The North American C-V2X (Cellular Vehicle-to-Everything) module market is driven by strong regulatory support and extensive investments in smart transportation infrastructure. The U.S. leads regional adoption, backed by mandates from the Federal Communications Commission (FCC) allocating the 5.9 GHz spectrum for C-V2X communications. Furthermore, partnerships between automakers and technology providers, such as Ford and Qualcomm, accelerate deployment. An estimated $1 billion is expected to be invested in V2X technology by 2025, targeting applications like collision avoidance and traffic management. However, market expansion faces challenges due to competition from DSRC (Dedicated Short-Range Communication) advocates and cybersecurity concerns.
Europe is a key growth market for C-V2X modules, influenced by strict road safety regulations and collaborative standardization efforts. The EU’s focus on reducing road accidents by 50% by 2030 under its Vision Zero initiative encourages C-V2X adoption. Countries like Germany and France are pioneering pilot projects, leveraging 5G rollouts for enhanced low-latency communication. Despite these advancements, fragmented regulatory frameworks across member states slow down large-scale deployment. Telecom operators and automakers are actively advocating for unified policies to drive interoperability and commercialization.
Asia-Pacific dominates the C-V2X module market, primarily due to massive government-led smart city initiatives and automotive sector expansion. China leads with aggressive 5G infrastructure development, mandating C-V2X integration in new energy vehicles (NEVs) under its Intelligent Connected Vehicle (ICV) roadmap. Japan and South Korea follow closely, prioritizing autonomous vehicle testing with C-V2X support. While cost sensitivity remains a barrier in emerging economies, the region benefits from strong manufacturing capabilities, with companies like Huawei and ZTE supplying key components. Over 50% of global C-V2X module shipments are projected to originate from Asia by 2026.
South America shows nascent but promising growth potential for C-V2X modules, with Brazil and Argentina spearheading pilot projects in urban mobility solutions. The region’s focus on reducing traffic congestion and improving road safety aligns with C-V2X capabilities. However, economic instability and limited 5G network coverage hinder rapid adoption. Despite challenges, collaborations between telecom providers and automotive manufacturers aim to introduce localized solutions, though progress remains slow compared to global counterparts.
The Middle East & Africa region is gradually embracing C-V2X technology, driven by smart city visions in the UAE, Saudi Arabia, and Israel. Dubai’s Autonomous Transportation Strategy aims to make 25% of trips driverless by 2030, creating demand for V2X-enabled infrastructure. Africa’s market, however, faces infrastructural gaps, with limited telecom penetration and low vehicle electrification rates slowing adoption. Strategic partnerships with global tech firms could unlock long-term potential as connectivity improves across urban hubs.
•5G C-V2X
•4G C-V2X
•Hybrid C-V2X
•Passenger vehicles
•Subtypes: Premium, mid-range and economy vehicles
•Commercial vehicles
•Subtypes: Light commercial vehicles and heavy commercial vehicles
•Qualcomm Technologies, Inc. (U.S.)
•Huawei Technologies Co., Ltd. (China)
•Quectel Wireless Solutions (China)
•SIMCom Wireless Solutions (China)
•Gosuncn Welink Technology (China)
•Fibocom Wireless Inc. (China)
•LG Innotek (South Korea)
•Autotalks Ltd. (Israel)
•Alps Alpine Co., Ltd. (Japan)
•ZTE Corporation (China)
