Skip to main content

Smartphones ‘expected to help connect older vehicles to V2X network’

A recent report from Navigant Research, Connected Vehicles, examines the market for connected vehicles, with a focus on the key components of vehicle-to-external communications (V2X) communications technology and factors that may influence successful deployment. The study provides an analysis of how these factors, including the cost of hardware, regulations, potential societal benefits, and security and privacy concerns, are projected to affect OEMs, hardware and software suppliers, regulators, and intellig
September 1, 2015 Read time: 2 mins

A recent report from 7560 Navigant Research, Connected Vehicles, examines the market for connected vehicles, with a focus on the key components of vehicle-to-external communications (V2X) communications technology and factors that may influence successful deployment.

The study provides an analysis of how these factors, including the cost of hardware, regulations, potential societal benefits, and security and privacy concerns, are projected to affect OEMs, hardware and software suppliers, regulators, and intelligent transportation infrastructure operators.

Global market forecasts of OEM and aftermarket sales of DSRC equipment for light, medium, and heavy duty vehicles, broken down by vehicle segment and region, extend through 2025. The report also provides a review of major market drivers and barriers related to connected vehicles and key industry players within the competitive landscape.

It concludes that total revenue for V2X systems is expected to reach nearly US$180 billion from 2015 to 2025.

The increasing drive to reduce vehicle emissions and increase safety for drivers is spurring several technological developments in the transportation sector. One area benefitting from this push is the increasing development of V2X systems that allow real-time information sharing between vehicles, drivers, and pedestrians.

“Connected vehicles hold enormous potential for drivers to reduce vehicle crashes by increasing their awareness of hazards and other dangers around them while driving,” says Sam Abuelsamid, senior research analyst with Navigant Research. “By using these systems, drivers can take advantage of real-time alerts about changing road conditions or other vehicles and pedestrians that they might otherwise not be able to see.”

While most new cars and trucks arriving in the next decade are likely to include built-in V2X systems of some sort, this still leaves nearly two billion existing vehicles on the road without connectivity. Through the use of wi-fi radios and antennas modified to support dedicated short-range communications (DSRC) frequencies and other small changes, smartphones are expected to help fill this gap and integrate existing vehicles into the V2X network, increasing its effectiveness.

For more information on companies in this article

Related Content

  • Growing market for advanced driver assistance systems
    June 8, 2015
    Analysis from Research and Markets forecasts the global ADAS market to grow at a CAGR of 24.97 per cent over the period 2014-2019. ADAS are systems that support, complement, or substitute the driver of a vehicle. They use radar and cameras to assist the drivers by providing real-time information about the surroundings. These systems help drivers to avoid collisions and accidents. OEMs are focusing on adopting advanced safety features such as ADAS because of growing government regulations focused on the s
  • Traffic management market ‘worth US$17.64 billion by 2020’
    February 4, 2016
    According to a new market research report from MarketsandMarkets, the traffic management system market is expected to grow from US$4.12 billion in 2015 to US$17.64 billion by 2020, at a compound annual growth rate of 33.8 per cent during the period. The report, Traffic Management Market by Solutions (ELV, Full Pedestrian, Led Signals & Retrofit Solutions, Intersection Controllers Parking Space and Toll Management), Detection (AGPVD, Loop Detection, CCTV and ANPR), & by Region - Global forecast to 2020, s
  • GHSA: Pedestrian deaths fall for second straight year in US
    July 15, 2025
    But alarming trends continue for hit-and-run crashes, especially at night
  • In-car electronics and user demand for connectivity make case for automotive Ethernet
    January 22, 2014
    According to Frost and Sullivan, the use of Ethernet technology in automotive is gaining pace in Europe and North America. The paradigm shift towards connected cars and associated services such as automotive app stores and connected location-based services is fuelling the uptake. Along with the need to integrate multiple consumer electronic devices, the importance of offering prioritised, personalised services and maintaining brand identity are compelling automotive OEMs (original equipment manufacturers) t