Vehicle To Vehicle
Communication
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016– 2026
Future Market Insights
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Report
Description
Report Description
Vehicle to vehicle (V2V) communication is the transmission of data, between motor vehicles
through a wireless medium. This data includes what the vehicles are doing such as their
location, speed, direction of travel, loss of stability, and brake. The range of dedicated shortrange communication (DSRC), a technology which is used by vehicle to vehicle communication
technology, is standardized by bodies like FCC and ISO and has a range of up to 300mtrs or
1000mtrs or 10 seconds at highway speeds. Vehicle to vehicle communication‘s goal is to
prevent accidents by communicating in between themselves over and ad hoc network.
Depending upon the implementation of technology, the driver is warned about the risk ahead
and instructed to slow down accordingly. Vehicle to vehicle communication gives an all-round
information of risks and is expected to be more effective by including the technology such as
adaptive cruise control, blind spot detection, rear-parking sonar, blind spot detection, lane
departure, and backup camera.
Vehicle to Vehicle Communication Market: Drivers
Connected cars will improve safety and control congestion in cities, on the roads, cars would
communicate and send alerts if a crash seem imminent, these features would attract the
customers increasing their safety and ease to drive encouraging the vehicle to vehicle
communication market. Advancement in wireless communication, sharing of information, and
growing roadside communication infrastructure are driving the vehicle to vehicle
communication market.
Report
Description
Report Description
Vehicle to vehicle communication has become as active research area due to its potential to
improve vehicle and road safety, traffic efficiency, convenience and comfort for passengers as
well as drivers, these advancements impact positively to the V2V communication market.
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Vehicle to Vehicle Communication Market: Restraints
Vehicle to vehicle communication market has a few restraints which include the implementation
of V2V communication requires the automotive manufacturers to agree upon standards,
funding, and data privacy concerns. V2V communication also requires lots of data which in turn
requires scalable and more storage capable cloud platform. To perform these communication a
strong network is mandatory with advanced standards, sophisticated processing, analytical
capabilities and technicalities. Standardization of protocol, security issues and countermeasures
are a few more points which may drive V2V communication market negatively.
Vehicle to Vehicle Communication Market: Segmentation
Vehicle to vehicle (V2V) communication market can be segmented based on technology and
types of devices.
Report
Description
Report Description
On the basis of technology, vehicle to vehicle communication market can be segmented into big
data analytics, smart sensors, cloud computing and others. Vehicles with access to cloud storage
would enable them to access the library of maps, self-guided tours, and shortcuts. Big data
analytics and data science would help the companies to understand the customers by
identifying the opportunities, and anticipating in relevant developments. Sensors would help in
sensing the traffic enhancing the riding quality and experience of the passenger as well as driver
in the vehicle. Sensors are used to augment accuracy and V2V technology could act as an
additional sensor that could augment the data available. On the basis of types of devices V2V
communication market can be segmented into OEM devices, aftermarket devices, and
infrastructure-based devices. OEM device is build or integrated into the vehicle during vehicle
production. Aftermarket devices are the device which may not be fully integrated to the vehicle
but they solve the purpose and for convenience are added after the original assembly of the
vehicle. Infrastructure based devices include the exchange of secure information and
operational data between vehicles.
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Vehicle to Vehicle Communication Market: Regional Outlook
A lot of investment is done in experimenting and trying to develop the best vehicle to vehicle
communication systems in the US, Japan, and the European regions.
Report
Description
Report Description
North America, majorly the U.S. dominates the global demand in vehicle to vehicle
communication market. European market is likely to witness highest growth. With the rise in
population, people accepting the technological advancements and increasing number of
vehicles in Asia Pacific and Middle East and Africa regions, the potential for vehicle to vehicle
communication market is maximum in these areas as more and more automobile companies are
focusing these regions. Latin America would witness a steady growth in the forecast period.
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Vehicle to Vehicle Communication Market: Competition Landscape
BMW, Audi, Daimler, Volvo, and Ford- Applink, are included among the automobile
manufacturers who are focusing into vehicle to vehicle communication market. Among the
solution providers Etrans Systems, Qualcomm Technologies Inc., Cisco Systems Inc., Delphi
Automotive PLC, Autotalks Ltd., Denso, Arada Systems, Kapsch Group and Savari Inc., are
included in the vehicle to vehicle communication market.
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