Skip to main content

Automotive V2X communications market 2014-2024

Visiongain’s report, Automotive Vehicle-to-Everything (V2X) Communications Market 2014-2024, looks at vehicle-to-everything (V2X) communications, which encapsulate it says a truly connected vehicle - able to communicate with other vehicles, traffic lights, toll gates, pedestrians, and even the owner's home - the automotive sector's answer to safe, clean and ultimately autonomous/self-driving vehicles. According to the report, in 2014, the V2X market is still in its infancy, comprising only vehicle-to-veh
September 25, 2014 Read time: 2 mins
Visiongain’s report, Automotive Vehicle-to-Everything (V2X) Communications Market 2014-2024, looks at vehicle-to-everything (V2X) communications, which encapsulate it says a truly connected vehicle - able to communicate with other vehicles, traffic lights, toll gates, pedestrians, and even the owner's home - the automotive sector's answer to safe, clean and ultimately autonomous/self-driving vehicles.

According to the report, in 2014, the V2X market is still in its infancy, comprising only vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications technologies; the former dominated by aftermarket vendors and the latter by electronic toll collection and electronic payment applications respectively. However, the expected V2V mandate by the NHTSA in the US will release the huge potential of the market as the new requirements for the installation of DSRC modules in new vehicles will be the first step towards wider V2V adoption.

The strong regulatory support, coupled with the introduction of OEM car-to-X technologies will increase the penetration of V2V enabling first a higher V2I penetration in new vehicles and second the vehicle-to-pedestrians (V2P) and vehicle-to-home (V2H) communications submarkets to materialise from 2016 onwards. Towards the end of the forecast, the integration of V2V, V2I, sensors and ADAS will make autonomous driving a reality.

Related Content

  • April 9, 2014
    Global toll revenues $8.5bn while technology ‘battles’ continue
    ABI Research’s Dominique Bonte talks to Jason Barnes about trends in tolling and how a wider appreciation of technology options is sorely needed. Global Electronic Toll Collection (ETC) solution revenues will grow to $8.5bn by 2018, with ETC becoming a main source of funding for both Intelligent Transport Systems (ITS) and Vehicle-to-X (V2X) cooperative infrastructures, according to a new report from ABI Research (Chart 1). But, says the report’s author, ABI Research vice president and practice director Dom
  • June 12, 2017
    ABI Research sees V2X technology gaining momentum in automotive
    The latest report from ABI Research sees vehicle-to-everything (V2X) finally gaining momentum in the smart mobility industry. Illustrating this is a growing number of initiatives, trials, and product launches. Cellular V2X, aggressively promoted by the 5G Automotive Association (5GAA), now offers a potentially more flexible alternative to the legacy IEEE 802.11p. Vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) collectively refer to V2X.
  • May 3, 2013
    ITS America: building the infrastructure for V2X
    By 2024, market penetration of factory fit DSRC-equipped vehicles in the US could rise to 30 per cent, according to US Department of Transportation AASHTO Deployment Analysis 2012, enabling widespread data communications services and kick-starting a national DSRC infrastructure. The question is: who will pay for the infrastructure in the first place? In an interview with Steve Bayless, director of telecomms and telematics at ITS America, Telematics Update investigated which key investors will benefit from s
  • November 21, 2013
    Global V2V penetration in new cars to reach 69 per cent by 2027
    The latest analysis by ABI research expects global V2V penetration in new cars to increase from 10.9 per cent in 2018 to 69 per cent in 2027. ABI Research vice-president and practice director Dominique Bonte comments: “Huge interest in autonomous driving across the automotive ecosystem firmly positions V2X technology and applications as a key component of driverless car systems. However, some OEMs are claiming some forms of (semi)-autonomous driving can be achieved by just using in-vehicle ADAS-sensors.