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

  • 60% of new cars globally will feature connected car solutions by 2017
    July 4, 2012
    New findings from ABI Research predict that global OEM connected car system penetration will increase from 11.4 per cent in 2012 to 60.1 per cent in 2017. While penetration in the US and Western Europe will exceed 80 per cent by 2017, developing regions such as Latin America and Eastern Europe will also see strong increases in telematics penetration in new vehicles, largely driven by mandates in Brazil and Russia.
    Read More
  • Kenya to introduce microchip-fitted number plates
    November 17, 2014
    Shem Oirere looks at Kenya’s plans to introduce a new generation of vehicle registration plates fitted with microchip technology by the end of this year. In a move to improve driving standards and prevent fraud, the authorities in Kenya are planning the introduction of a new numberplate system which will incorporate microchip technology.
    Read More
  • Infrastructure and the autonomous vehicle
    December 12, 2014
    Harold Worrall ponders the effect of autonomous vehicles on transportation infrastructure. For the last century the transportation industry has been focused on the supply of infrastructure to support the ever growing fleet of vehicles and the greater number of miles covered by each vehicle. Our focus has been planning, funding, designing, building and maintaining roadways. Politicians, engineers, planners, financial managers … all of us have had this focus. We have experienced demand growth since the first
    Read More
  • Automated fare collection market predicted to almost double by 2021
    June 3, 2016
    According to a new market research report, Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021, published by MarketsandMarkets, the global automated fare collection (AFC) market is estimated to grow from US$6.42 billion in 2016 to US$11.95 billion by 2021, at an estimated compound annual growth rate (CAGR) of 13.2 per cent. Automated fare collection applications
    Read More

Highlighted Content