More than 40% of European vehicles will employ V2X communications by 2030
By 2030, more than 40 percent of vehicles in Europe will use vehicle-to-vehicle and vehicle-to-infrastructure (V2X) communication technologies to improve traffic safety and efficiency, according to market research firm Frost & Sullivan.
V2X communication systems are becoming particularly popular in the Netherlands, Denmark, Austria, Germany and France, with automakers Daimler and Volvo leading the way in terms of V2X implementation, relates Frost & Sullivan.
"Vehicular communication systems are becoming popular as countries across Europe look to minimize the huge losses in time and related costs incurred due to traffic congestion. Traffic jams in Germany for instance, lead to a macroeconomic loss of more than €17 billion ($23 billion) annually," says Neelam Barua, automotive and transport industry analyst at Frost & Sullivan.
Wireless local area network (WLAN) or dedicated short-range communication systems are used to enable V2X communications. "It is expected that global navigation satellite systems and infrared modes will augment DSRC solutions and mobile-based technologies such as long term evolution to form the futuristic platform for cooperative-intelligent transportation systems (C-ITS) in the region," says Frost & Sullivan.
The Car 2 Car Communication Consortium recently signed a memorandum of understanding with major vehicle manufacturers to facilitate the deployment of a standard pan-European C-ITS by 2015.
"With market-ready products for V2X communication already made available by Tier I suppliers, new products embedded with V2X technology launched by automotive OEMs and the strong backing extended by EU governments, the market for C-ITS is likely to witness considerable growth in the next two to three years. In fact, 15 OEMs and ten Tier I suppliers across Europe are expected to deploy V2X applications by 2015," states Barua.
- see the Frost & Sullivan release
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