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The Future of V2X Communications: Number of Cars on the Road Equipped with V2X Capabilities Forecast to Reach 35.1 Million by 2025
Dublin, Aug. 23, 2021 (GLOBE NEWSWIRE) -- The "The Future of V2X Communications" report has been added to ResearchAndMarkets.com's offering.
According to this report, there were about 0.7 million cars on the roads equipped with V2X capabilities at the end of 2020. The number is expected to grow to 35.1 million by 2025.
The definition of a Vehicle-to-Everything (V2X) system in the following analysis is a technology installed in cars that allow vehicles to communicate with moving parts of the traffic system around them using either IEEE 802.11p or C-V2X protocols. It is believed that both 802.11p-based technologies and C-V2X technologies will co-exist on the market but with varying success in different regions. The attach rate of V2X on new cars sold will grow from 0.6 percent in 2020 to 23.4 percent in 2025. Get up to date with the latest information about vendors, products and markets.
Highlights from the report:
Insights from numerous interviews with market-leading companies.
Comprehensive overview of V2X technologies and key applications.
Summary of the latest industry trends and developments.
Case studies of more than 10 car OEM V2X telematics initiatives.
In-depth profiles of 9 key players in the V2X value chain.
Extensive global and regional market forecasts lasting until 2025.
Communications between vehicles have been discussed for more than two decades, but with few implementations. One of the main challenges using V2X communications is the lack of industry spanning standards. Two key sets of V2X direct communications exist 802.11p-based technologies such as dedicated short-range communications (DSRC) and Cellular V2X (C-V2X). The first V2X use cases deployed globally are related to traffic efficiency and basic safety. These include for example local hazard warnings and traffic information as well as emergency electronic brake light warnings and left turn assist.
This report answers the following questions:
Which trends and developments are shaping the market?
Which are the key application areas for this technology?
What business models are used by the solution vendors?
What are the market shares for the leading solution vendors?
How will the introduction of C-V2X affect the market?
How will the V2X communications market evolve in the future?
Companies Mentioned
Applied Information
Askey
Audi
Autotalks
BMW
BYD
Cohda Wireless
Commsignia
Daimler
Danlaw
Ford
Geely
General Motors
HARMAN Savari
Honda
NXP Semiconductors
Qualcomm
Renault
Toyota
Volkswagen
Key Topics Covered:
Executive summary
1 Vehicle-to-Everything (V2X)
1.1 Introduction to V2X
1.1.1 Brief history of V2X communications
1.1.2 The rationale for V2X
1.2 Technology environment
1.2.1 802.11p technologies (DSRC and ITS-G5)
1.2.2 Cellular V2X (C-V2X)
2 The V2X ecosystem
2.1 Automotive OEMs
2.2 Semiconductor vendors
3 Market forecast and trends
3.1 Market analysis
3.1.1 Car sales forecast
3.1.2 V2X market sizing and forecast
3.1.3 V2X deployments in Europe
3.1.4 V2X deployments in North America
3.1.5 V2X deployments in Rest of World
3.2 Market trends and industry observations
3.2.1 China is the main market for C-V2X deployments
3.2.2 New car assessment programmes to drive demand for V2X
3.2.3 V2X is a requirement to achieve full automated driving
For more information about this report visit https://www.researchandmarkets.com/r/7pjckv
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