Global V2V Penetration into New Vehicles to Rise to 70% in 2027, Driven by Both Mandates and Commercial Consortiums
London, United Kingdom - 12 Jun 2013
Global V2V Penetration into new vehicles will increase from just over 10% in 2018 to 70% 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 MoU signed by major vehicle OEMs including Audi, BMW, Daimler, Honda, Man, Opel, PSA, Renault, Volkswagen, and 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, standardization, certification, international cooperation and cross-border compatibility, and minimum service definition.
ABI Research’s “Government Mandates and Commercial Consortiums for DSRC, V2X, and ITS” study covers V2X technologies and applications, spectrum allocation, V2X mandates and commercial consortiums, and business models. Forecasts are provided for V2V installed base, shipments, penetration, and hardware revenues per region. The study is part of the Intelligent Transportation Systems Research Service.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
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