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

  • January 3, 2017
    Collaborations with technology providers offer European automotive OEMs new growth opportunities
    Improvements in advanced driver assistance system (ADAS) sensors are driving automation features in original equipment manufacturer (OEM) vehicles, according to Frost & Sullivan’s new research, Market Analysis of Premium European OEMs ADAS and Automated Driving Strategies. By collaborating with leading technology providers in the autonomous driving space, OEMs have an opportunity to transform into mobility service providers and introduce levels 4 and 5 autonomous cars earlier than expected. With several
  • March 7, 2014
    Daimler and Volvo take lead in European implementation of V2V
    New analysis from Frost & Sullivan, Strategic Analysis of the European Market for V2V and V2I Communication Systems, expects more than 40 per cent of vehicles to use vehicle to vehicle (V2V) communication technologies by 2030. Daimler and Volvo are anticipated to lead the implementation of V2V communication systems among vehicle original equipment manufacturers (OEMs) across Europe. Vehicle to infrastructure (V2I) communication systems have also been finding significant traction in Europe, especially in
  • December 14, 2012
    Car to car communications a step closer
    Vehicle manufacturers have targeted 2015 for the first cars to roll off European assembly lines fitted with operational V2X technology. They and their partners in the Car 2 Car Communications Consortium are confident of meeting the target, reports Jon Masters. Around three years from now vehicles should be appearing in showrooms boasting the capability of communicating with each other. Manufacturers will have started fitting the first proprietary car-to-car driver-aid safety devices and deployment of ‘vehic
  • April 6, 2017
    Connected car devices market predicted to grow at 16.3 per cent by 2021
    The latest research report from MarketsandMarkets indicates that the connected car devices market is projected to grow at a CAGR of 16.3 per cent from 2016 to 2021, to reach US$57.15 Billion by 2021. Some of the major factors responsible for the growth of the market are government regulations for safety and increasing electrification of vehicles. Connected car devices with dedicated short range communication (DSRC) as connectivity use short range communication technologies such as radar and Lidar, which