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.
Location Based Systems

Related Content

  • Global ADAS market is expected to reach US$60.14 billion by 2020
    May 13, 2015
    A new report from Allied Market Research, Global Advanced Driver Assistance Systems Market Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020 claims the global advanced driver assistance systems (ADAS) market will reach US$60.14 billion by 2020, registering a CAGR of 22.8 per cent during 2014-2020. According to the report, the deployment of sensors in vehicles has brought a massive transformation in the automotive industry by providing improved passenger experience and safet
    Read More
  • Weigh in motion reduces road wear, increases toll revenue
    January 24, 2012
    IRD, Inc's Terry Bergan discusses future applications of weigh in motion technology. The application in recent years of Weigh In Motion (WIM) at tollgates has been driven by recognition of the fact that there is economic value, which can be levied, attached to Heavy Goods Vehicles (HGVs) which haul laden (and are therefore heavy) rather than empty. As wear and damage to road surfaces increases exponentially with weight, the targeting of HGVs in particular makes sense from both the economic and maintenance p
    Read More
  • Cost Benefit: There’s still life in the RSU
    May 24, 2021
    A mixture of mobile and static roadside units may be what’s required to fulfil the needs of connected vehicle communications
    Read More
  • Healthy prospects for floating vehicle data systems
    February 3, 2012
    Elmar Brockfeld, Alexander Sohr and Peter Wagner from the German Aerospace Center's Institute of Transport Systems look at the prospects for floating vehicle data systems. Although Floating Vehicle Data (FVD) or probe vehicle fleets have been around for about a decade, the idea behind them is of course much older: from probe vehicles that flow with the traffic it should be possible to get a precise, fast and spatially near-complete picture of the prevailing traffic flow conditions in an area under surveilla
    Read More

Highlighted Content