“Early adopters are expected to take up a hybrid solution to enable C-ITS, which is expected to transition to a purely cellular-based solution in the long-term,” said Mobility Analyst Siddhanth Kumaramanickavel. “Automotive OEMs prefer to provide consumers with ‘Day 1’ or immediate use cases. V2V and V2I (vehicle to infrastructure) technologies require sufficient proliferation to yield benefits.”
The report, Global Automotive Vehicle-to-everything (V2X) Communication Market, provides a detailed look at V2X projects in the pilot testing stage in the US and various European countries. The study explores growth opportunities for OEMs such as
Initiatives such as setting up a C-ITS corridor across Germany, Austria and the Netherlands, and the Ann Arbor Safety project, demonstrate that countries are proactively shifting from the traditional dissemination of information to a cooperative environment, where two vehicles can directly communicate with each other.
“Governments investing in V2X are expected to see clear gains in the reduced consumption of fossil fuels leading to lower emissions,” explains Kumaramanickavel. “Similarly, telecom providers see a lucrative opportunity to extend their presence in the automotive segment.”