Skip to main content

Global V2V penetration into new vehicles to rise by 2027

A new report from ABI research concludes that global vehicle to vehicle (V2V) penetration into new vehicles will increase from just over 10 per cent in 2018 to 70 per cent in 2027, with the EU, US, and Japan as key regions adopting V2V in the mid-term. “V2X market and regulatory dynamics vary greatly from region to region. While the US will decide whether or not to mandate V2X by the end of 2013 with implementation not expected before 2018, in Europe the Car 2 Car Communication Consortium (C2C-CC) has issue
June 13, 2013 Read time: 2 mins
A new report from 5725 ABI Research concludes that global vehicle to vehicle (V2V) penetration into new vehicles will increase from just over 10 per cent in 2018 to 70 per cent in 2027, with the EU, US, and Japan as key regions adopting V2V in the mid-term.

“V2X market and regulatory dynamics vary greatly from region to region. While the US will decide whether or not to mandate V2X by the end of 2013 with implementation not expected before 2018, in Europe the Car 2 Car Communication Consortium (C2C-CC) has issued a memorandum of understanding signed by major vehicle OEMs including 2125 Audi, 1731 BMW, 2069 Daimler, 1683 Honda, 267 MAN, 4233 Opel, PSA, 2453 Renault, 994 Volkswagen, and 609 Volvo committing to deploying pan-European standard cooperative intelligent transport systems by 2015 to improve road safety, traffic efficiency, and sustainable driving in line with the 2010 ITS EU Directive,” says VP and practice director Dominique Bonte.

With multiple trials taking place or planned in the US, Europe, Japan, and Australia and overall awareness about the benefits of cooperative systems increasing, 2013 is clearly a pivotal year for the future of V2X and the use of reserved DRSC spectrum in particular.

However, doubts have arisen about the desirability and financial feasibility of deploying V2X communication and application technology platforms, with some touting LTE-Advanced as a viable alternative.

Still, V2X is a critical component, in combination with short-range radar-based ADAS and cellular communication, to build proactive safety systems and ultimately realize the ambition of autonomous vehicles and a zero accident environment. To accomplish this there is no alternative for the robustness, reliability, and security of V2X technology.

Against this backdrop of technology uncertainty and evolution, governments aiming at mandating V2X face a complex challenge. At the same time, in order to guarantee safe and sustainable transportation, they have a responsibility in advancing the implementation of ITS and V2V through spectrum allocation, standardisation, certification, international cooperation and cross-border compatibility, and minimum service definition.

For more information on companies in this article

Related Content

  • GSM-R market coverage grows nearly 50 per cent
    December 19, 2014
    GSM-R has been used in Europe for more than ten years to provide voice and data communications for railway and acts as a radio bearer for train control messages. Mandated by the European Commission and supported by the dynamic railway industry in the region, the GSM-R system has established a significant market in Europe. Over the past few years the market extended to regions outside Europe including Asia-Pacific, Middle East, and Africa. Led by Nokia, Kapsch CarrierCom, and Huawei, GSM-R track coverage
  • Connected cars market expected grow by a third globally by 2020
    November 28, 2014
    A new report by Allied Market Research, Global Connected Cars Market (Technology, Connectivity Solutions, Application, Products & Services and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020, indicates that the global connected cars market is forecast to reach US$141 Billion by 2020, growing at a CAGR of 32.7 per cent during the period 2014 - 2020. The integrated connectivity solutions segment
  • ITS market size ‘to reach US$38.68 billion by 2020’
    December 21, 2015
    The global ITS market is expected to reach US$38.68 billion by 2020, according to a new study by Grand View Research. Increasing demand for alleviating traffic congestion and growing need for enhancing existing transportation networks is expected to drive demand over the forecast period. Growing urban population and increased fund allotment by various governments across the globe is driving need for advanced transportation network. This is estimated to be fulfilled by proper use of wireless communication
  • 4G Venture Forum for Connected Cars formed
    June 7, 2012
    Verizon has announced the formation of the 4G Venture Forum for Connected Cars, a group of leading global automotive companies brought together by Verizon to accelerate the pace of innovation across the automotive and telematics 4G LTE ecosystem. BMW, Honda, Hyundai Motor Company, Kia Motors and Toyota Motor Sales are joining Verizon as the initial members of the Forum. Professor Sanjay Sarma of the Massachusetts Institute of Technology also joins the Forum, providing members a link to track important advan