Skip to main content

V2V capabilities to feature in over half of cars sold by 2022, say researchers

A new report from Juniper Research has revealed that, by 2022, 50 per cent of new vehicles will be shipped with vehicle-to-vehicle (V2V) hardware, a technology that enables real-time short-range communication between vehicles. The new research, Consumer Connected Cars: Applications, Telematics & V2V 2017-2022, found that the total number of V2V-enabled consumer vehicles on the road will reach 35 million by 2022, up from less than 150,000 vehicles in 2017. This strong growth rate (376 per cent CAGR) reflects
May 19, 2017 Read time: 2 mins
A new report from 7194 Juniper Research has revealed that, by 2022, 50 per cent of new vehicles will be shipped with vehicle-to-vehicle (V2V) hardware, a technology that enables real-time short-range communication between vehicles.

The new research, Consumer Connected Cars: Applications, Telematics & V2V 2017-2022, found that the total number of V2V-enabled consumer vehicles on the road will reach 35 million by 2022, up from less than 150,000 vehicles in 2017. This strong growth rate (376 per cent CAGR) reflects the early stages of roll-out for V2V, but will still only represent 2.7 per cent of all vehicles.

The technology, launched by Mercedes-Benz and Cadillac, will play an important role in the advance of autonomous vehicles, as the annual production of self-driving cars approaches 15 million by 2025. The research found that, alongside GPS, LiDAR (Light-Detection and Ranging) and road mapping, V2V will be amongst the critical technologies in delivering autonomous driving systems.

In order for V2V to be successful, the research found that OEMs must include cellular connectivity to provide OTA (Over-The-Air) firmware updates. It recommended that OEMs implement 5G technology at the earliest opportunity to benefit from these newly enabled services.

5G will play a pivotal role in the future of the vehicle-to-everything (V2X) communications. Low latency, high bandwidth and wide coverage will be the key enabler of new services such as in-vehicle audio streaming and vehicle-to-infrastructure (V2I) services, such as safety and weather warnings for drivers. As the complexity of these services increases, Juniper estimates that future automotive technologies, including autonomous systems, could each consume up to 1 terabyte of data per day.

Research author Sam Barker added: “For V2X to meet future expectations, development must continue on the premise that 5G will be the underlying connection. This will be underpinned by increasing cross-industry collaborations such as the 5G Automotive Association”.

For more information on companies in this article

Related Content

  • Automotive head-up market ‘set to quadruple’
    July 13, 2016
    New findings from Juniper Research reveal that the automotive head-up display (HUD) market will exceed 16 million installed units by the end of 2021, with the market anticipated to expand fourfold during the forecast period 2016-2021. The new research, Automotive HUDs: Innovations, Strategies & Leaders 2016-2021, found that the market will be driven by increased adoption in mass-market vehicles, with growth boosted by aftermarket HUD sales. Juniper believes that the market will begin to accelerate in 20
  • Toyota makes the case for V2V communication systems
    June 20, 2014
    Testifying on the future of surface transportation before the US House Committee on Science, Space and Technology’s Subcommittee on Research and Technology, Toyota vice president Kristen Tabar, from the Toyota Technical Centre said Toyota is leading the way to ensure the next generation of vehicle communication brings the highest levels of safety, quality, and convenience to consumers. As cars become more connected to each other and the world around them, a new set of benefits and challenges have emerged.
  • ABI Research: DSRC above Cellular cheaper than implementing C-V2X
    February 7, 2018
    Implementing a Dedicated Short-Range Communication (DSRC) above cellular communications is expected to be $13.50 (£9.70) to $15 (£10) lower per Telematics Control Unit than implementing a Cellular Vehicle-to-Everything (C-V2X) solution, according to US-based ABI Research’s analysis of vehicle to everything (V2X). It follows industry discussions which have compared DSRC and C-V2X as technology alternatives for enabling V2X in vehicles to help prevent accidents.
  • Panasonic in Colorado: Rocky mountain way
    December 3, 2018
    Panasonic is at the heart of a C-V2X project which began last year in Colorado. The company’s smart mobility boss Chris Armstrong tells Adam Hill how it is working out Colorado needs traffic and transport solutions – and fast. The US state’s population has grown 50% in the last 20 years and another 50% hike is predicted in the next 20. It also spends more than $13 billion in roadway crash costs each year. In 2015, 546 people died in traffic-related crashes, and more than 3,000 were seriously injured.