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
Location Based Systems / September 25, 2014
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.