As per Intent Market Research, the Vehicle-To-Everything (V2X) Test Equipment Market was valued at USD 0.8 billion in 2024-e and will surpass USD 2.0 billion by 2030; growing at a CAGR of 15.9% during 2025 - 2030.
The Vehicle-To-Everything (V2X) test equipment market plays a pivotal role in ensuring the seamless integration and functioning of connected vehicle technologies. V2X enables communication between vehicles, infrastructure, and other road users, contributing to enhanced safety, efficiency, and traffic management. As the automotive industry progresses toward autonomous driving and smart mobility, the demand for robust V2X test equipment has surged. This equipment is essential for testing the performance, reliability, and safety of V2X communication technologies, which form the backbone of intelligent transportation systems. The market for V2X test equipment is being driven by technological advancements in vehicle connectivity, the rise of 5G networks, and growing government initiatives to enhance road safety and improve traffic management.
Furthermore, the increasing adoption of connected vehicles, along with the growing demand for real-time data exchange between vehicles and infrastructure, has significantly boosted the need for V2X test equipment. These testing tools ensure that V2X communication standards are met, facilitating the deployment of V2X-enabled vehicles and infrastructure for the widespread adoption of smart transportation solutions. The market is also being fueled by the rapid development of new V2X protocols and communication standards, such as 5G V2X, which promise to offer faster, more reliable communication networks for connected vehicles.
V2X Simulation Equipment Dominates the Market Due to Comprehensive Testing
V2X simulation equipment holds the largest share of the market, as it provides a comprehensive environment for testing the behavior of V2X systems under different scenarios. These simulators help automotive manufacturers and telecom service providers evaluate the performance of connected vehicles, infrastructure, and communication networks. V2X simulation equipment allows testing in virtual environments, which is essential for the development of autonomous vehicles and smart transportation systems. By simulating real-world conditions, these tools ensure that connected systems can operate reliably and safely in various situations, from urban traffic environments to complex road infrastructures.
The demand for V2X simulation equipment is growing as it helps manufacturers address the challenges of testing connected vehicles in live environments, where variables such as traffic density, weather conditions, and real-time communication delays can affect performance. By providing a controlled and scalable testing environment, V2X simulators help reduce development time, improve system reliability, and ensure that V2X-enabled vehicles are safe and effective in real-world deployments.
5G V2X Connectivity Set to Accelerate Market Growth with Faster Communication
The integration of 5G V2X technology is one of the most significant trends in the vehicle-to-everything ecosystem. 5G networks promise to deliver ultra-low latency, higher bandwidth, and greater reliability compared to existing connectivity standards like Dedicated Short Range Communication (DSRC). This will facilitate real-time communication between vehicles, infrastructure, and other road users, which is crucial for the effective operation of autonomous vehicles and smart city solutions. As a result, there is a growing demand for test equipment capable of validating 5G V2X systems to ensure they meet the stringent requirements for high-speed data transmission and low-latency communication.
5G V2X offers several advantages over previous technologies, including enhanced traffic management, improved safety features, and more efficient vehicle-to-infrastructure communication. With the increasing deployment of 5G networks globally, the market for V2X test equipment that can validate the performance of 5G V2X systems is expected to expand rapidly. Telecom service providers and automotive manufacturers are focusing on the development and testing of 5G V2X solutions to unlock the full potential of connected vehicles and smart transportation networks.
Automotive Manufacturers Drive Adoption of V2X Test Equipment for Enhanced Safety and Performance
Automotive manufacturers are the largest end-users of V2X test equipment, driven by the industry's shift toward connected and autonomous vehicles. As automakers increasingly integrate V2X technologies into their vehicles, they require advanced testing tools to ensure the functionality and safety of these systems. V2X communication is essential for enabling features such as vehicle-to-vehicle (V2V) communication, vehicle-to-infrastructure (V2I) communication, and vehicle-to-pedestrian (V2P) interactions. These systems rely on real-time data exchange to improve traffic safety, reduce accidents, and enhance the efficiency of road networks.
Automotive manufacturers are leveraging V2X test equipment to validate the performance of communication protocols, including Cellular V2X (C-V2X) and DSRC. The growing emphasis on vehicle connectivity and safety features is driving demand for testing tools that ensure these systems operate smoothly across various scenarios. Manufacturers are also investing in V2X test equipment to comply with regulatory standards, as governments around the world implement policies to promote connected vehicle technology and improve road safety.
Municipal Authorities and Telecom Providers Pave the Way for Smart City Solutions
Municipal authorities and telecom service providers are becoming increasingly important end-users of V2X test equipment, as they work to build smart city infrastructures. Smart cities rely on integrated transportation systems, where V2X technology facilitates communication between vehicles, traffic lights, parking meters, and other urban infrastructure. Testing the functionality of these systems is essential for ensuring smooth and efficient traffic management. Municipal authorities are investing in V2X infrastructure to optimize urban mobility, improve safety, and reduce congestion.
Telecom service providers also play a key role in enabling V2X communication by deploying the necessary connectivity infrastructure. With the rollout of 5G networks, telecom companies are focusing on providing the high-speed, low-latency communication required for real-time V2X applications. As governments and municipalities worldwide strive to develop smarter, safer, and more efficient cities, the demand for V2X test equipment in public safety, logistics, and transportation is expected to increase.
North America Leads the Market Due to Technological Advancements and Government Support
North America dominates the V2X test equipment market, largely due to the region's technological advancements, the presence of leading automotive manufacturers, and strong government support for autonomous driving and connected vehicle initiatives. The United States, in particular, is at the forefront of deploying V2X technologies in smart cities, with several states and cities testing V2X-enabled traffic management systems. The region's commitment to developing autonomous and connected vehicle solutions, along with its robust automotive and telecom industries, positions North America as a key player in the V2X test equipment market.
Government regulations and investments in intelligent transportation systems are further propelling the market in North America. As the region embraces 5G networks and accelerates the development of smart city infrastructure, the need for advanced V2X testing equipment is set to grow. Additionally, the increasing collaboration between automotive manufacturers, telecom companies, and municipal authorities will contribute to the widespread adoption of V2X technologies.
Leading Companies and Competitive Landscape
The V2X test equipment market is characterized by the presence of key players such as Keysight Technologies, Anritsu Corporation, Rohde & Schwarz, and National Instruments. These companies provide a wide range of testing solutions, including V2X simulators, communication testers, protocol analyzers, and signal generators. By offering cutting-edge testing technologies, these companies enable automotive manufacturers, telecom service providers, and municipalities to validate the performance and safety of V2X systems.
The competitive landscape is evolving with the increasing importance of 5G V2X, driving companies to innovate and expand their portfolios. Companies are also investing in research and development to enhance their testing capabilities, particularly for new V2X protocols and communication standards. With the growing demand for connected and autonomous vehicles, the market is expected to witness significant competition, as companies strive to offer more advanced, accurate, and efficient test solutions to meet the demands of the evolving automotive and transportation sectors.
Recent Developments:
- In March 2025, Keysight Technologies launched a new V2X testing solution for 5G networks, enhancing connectivity for autonomous driving applications. This positions the company as a leader in the growing 5G V2X testing space.
- In February 2025, Rohde & Schwarz expanded its portfolio with a new DSRC-based V2X communication tester, aiming to meet the needs of next-generation automotive systems. This development strengthens their position in the automotive testing market.
- In January 2025, Spirent Communications introduced a cutting-edge V2X simulation tool designed for smart city infrastructure, helping municipalities optimize traffic management and safety.
- In December 2024, Viavi Solutions unveiled its latest V2X protocol analyzer, enabling automotive manufacturers to test and validate vehicle-to-infrastructure communications for enhanced safety.
- In November 2024, NXP Semiconductors partnered with telecom providers to introduce a new V2X solution, utilizing 5G to enable faster and more secure vehicle communication. This collaboration boosts V2X adoption across industries.
List of Leading Companies:
- Keysight Technologies
- Rohde & Schwarz
- Anritsu Corporation
- National Instruments
- Spirent Communications
- Viavi Solutions
- COMMScope
- Empirix (now part of Infovista)
- Tektronix, Inc.
- Cobham Wireless
- Altran (Capgemini)
- Qualcomm Technologies, Inc.
- Thales Group
- Intel Corporation
- NXP Semiconductors
Report Scope:
Report Features |
Description |
Market Size (2024-e) |
USD 0.8 billion |
Forecasted Value (2030) |
USD 2.0 billion |
CAGR (2025 – 2030) |
15.9% |
Base Year for Estimation |
2024-e |
Historic Year |
2023 |
Forecast Period |
2025 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Vehicle-To-Everything (V2X) Test Equipment Market By Test Equipment Type (V2X Simulation Equipment, V2X Communication Testers, V2X Protocol Analyzers, V2X Signal Generators), By Connectivity Type (Cellular V2X (C-V2X), Dedicated Short Range Communication (DSRC), 5G V2X), By Application (Automotive, Public Safety, Logistics & Transportation, Smart City Infrastructure), By End-User (Automotive Manufacturers, Telecom Service Providers, Municipal Authorities, Transportation & Logistics Companies) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Keysight Technologies, Rohde & Schwarz, Anritsu Corporation, National Instruments, Spirent Communications, Viavi Solutions, COMMScope, Empirix (now part of Infovista), Tektronix, Inc., Cobham Wireless, Altran (Capgemini), Qualcomm Technologies, Inc., Thales Group, Intel Corporation, NXP Semiconductors |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Vehicle-To-Everything (V2X) Test Equipment Market, by Test Equipment Type (Market Size & Forecast: USD Million, 2023 – 2030) |
4.1. V2X Simulation Equipment |
4.2. V2X Communication Testers |
4.3. V2X Protocol Analyzers |
4.4. V2X Signal Generators |
4.5. Others |
5. Vehicle-To-Everything (V2X) Test Equipment Market, by Connectivity Type (Market Size & Forecast: USD Million, 2023 – 2030) |
5.1. Cellular V2X (C-V2X) |
5.2. Dedicated Short Range Communication (DSRC) |
5.3. 5G V2X |
5.4. Others |
6. Vehicle-To-Everything (V2X) Test Equipment Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030) |
6.1. Automotive |
6.2. Public Safety |
6.3. Logistics & Transportation |
6.4. Smart City Infrastructure |
6.5. Others |
7. Vehicle-To-Everything (V2X) Test Equipment Market, by End-User (Market Size & Forecast: USD Million, 2023 – 2030) |
7.1. Automotive Manufacturers |
7.2. Telecom Service Providers |
7.3. Municipal Authorities |
7.4. Transportation & Logistics Companies |
7.5. Others |
8. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
8.1. Regional Overview |
8.2. North America |
8.2.1. Regional Trends & Growth Drivers |
8.2.2. Barriers & Challenges |
8.2.3. Opportunities |
8.2.4. Factor Impact Analysis |
8.2.5. Technology Trends |
8.2.6. North America Vehicle-To-Everything (V2X) Test Equipment Market, by Test Equipment Type |
8.2.7. North America Vehicle-To-Everything (V2X) Test Equipment Market, by Connectivity Type |
8.2.8. North America Vehicle-To-Everything (V2X) Test Equipment Market, by Application |
8.2.9. North America Vehicle-To-Everything (V2X) Test Equipment Market, by End-User |
8.2.10. By Country |
8.2.10.1. US |
8.2.10.1.1. US Vehicle-To-Everything (V2X) Test Equipment Market, by Test Equipment Type |
8.2.10.1.2. US Vehicle-To-Everything (V2X) Test Equipment Market, by Connectivity Type |
8.2.10.1.3. US Vehicle-To-Everything (V2X) Test Equipment Market, by Application |
8.2.10.1.4. US Vehicle-To-Everything (V2X) Test Equipment Market, by End-User |
8.2.10.2. Canada |
8.2.10.3. Mexico |
*Similar segmentation will be provided for each region and country |
8.3. Europe |
8.4. Asia-Pacific |
8.5. Latin America |
8.6. Middle East & Africa |
9. Competitive Landscape |
9.1. Overview of the Key Players |
9.2. Competitive Ecosystem |
9.2.1. Level of Fragmentation |
9.2.2. Market Consolidation |
9.2.3. Product Innovation |
9.3. Company Share Analysis |
9.4. Company Benchmarking Matrix |
9.4.1. Strategic Overview |
9.4.2. Product Innovations |
9.5. Start-up Ecosystem |
9.6. Strategic Competitive Insights/ Customer Imperatives |
9.7. ESG Matrix/ Sustainability Matrix |
9.8. Manufacturing Network |
9.8.1. Locations |
9.8.2. Supply Chain and Logistics |
9.8.3. Product Flexibility/Customization |
9.8.4. Digital Transformation and Connectivity |
9.8.5. Environmental and Regulatory Compliance |
9.9. Technology Readiness Level Matrix |
9.10. Technology Maturity Curve |
9.11. Buying Criteria |
10. Company Profiles |
10.1. Keysight Technologies |
10.1.1. Company Overview |
10.1.2. Company Financials |
10.1.3. Product/Service Portfolio |
10.1.4. Recent Developments |
10.1.5. IMR Analysis |
*Similar information will be provided for other companies |
10.2. Rohde & Schwarz |
10.3. Anritsu Corporation |
10.4. National Instruments |
10.5. Spirent Communications |
10.6. Viavi Solutions |
10.7. COMMScope |
10.8. Empirix (now part of Infovista) |
10.9. Tektronix, Inc. |
10.10. Cobham Wireless |
10.11. Altran (Capgemini) |
10.12. Qualcomm Technologies, Inc. |
10.13. Thales Group |
10.14. Intel Corporation |
10.15. NXP Semiconductors |
11. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Vehicle-To-Everything (V2X) Test Equipment Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Vehicle-To-Everything (V2X) Test Equipment Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Vehicle-To-Everything (V2X) Test Equipment Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.
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