“Automotive V2x Communication Technologies Set To Reach 95.9 Million Units In 2018”
02 August 2018
Visiongain’ has launched a new automotive report Automotive Vehicle to Everything (V2X) Communications Market 2018-2028: Forecasts By (Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), Vehicle to Pedestrian (V2P) / DSRC Equipped Smartphones, Vehicle To Home (V2H), In Vehicle (IN-V), (Embedded, Integrated, Tethered) By Service Provider (OEM, Aftermarket, Telematics, Connectivity), Road Side Units (RSU), Dedicated Short Range Communications (DSRC) (OEM, Aftermarket) Plus Analysis of Leading Companies With Car-to-X, Connected Cars, Autonomous Self-Driving Cars, Intelligent Transportation Systems (ITS), Sensors & Telematics Technologies
The automotive industry is undergoing a series of transitions, the industry moving towards digitalization and connected mobility. There has been a significant rise in the use of electronics in the vehicles. The vehicles today have shifted from being a conventional vehicle to intelligent vehicles and are equipped with communication systems that alert or assist the driver with a potential accident. Moreover, the rising consumer demand for convenience features has enforced various OEMs to incorporate V2X communication systems. The implementation of the V2X communication will not only increase the safety aspect but will also provide an enhanced driving experience. The integration of various communication technologies and safety features has enhanced the convenience aspect of the vehicles. Moreover, the consumer demand for such features has acted as a catalyst to the market growth.
The driverless cars or autonomous cars concept is still under the research phase and its commercialization is expected to take time. However, the incorporation of V2X communication technologies will help towards achieving driverless mobility. A definite regulatory framework pertaining to the integration of V2X technologies will be a key aspect to the implementation of these technologies. As the automotive V2X concept is all about communication between the automobiles, it is subjected to threats such as hacking and manipulation. Hence, the security of the data communication will be a critical aspect for the growth of the market.
The Visiongain report analyst commented “Every automotive manufacturer is aggressively rolling out its plans for self-driving cars with the goal of having its entire fleet being connected. Hence, there is a lot of excitement and a resurgence in the automotive market. V2X technology will help develop the autonomous driving technology, and it will make roadways much safer for everyone”
Leading companies featured in the report who are developing V2X technologies include BMW AG; Daimler AG; General Motors; Toyota Motor Corporation; Volkswagen Group. Leading suppliers include players such as Arada Systems; Cohda Wireless; Denso Corporation and Kapsch TrafficCom.
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