V2V communication is forecasted to penetrate 10% in 2018 to 70% in 2027

ABI has forecasted Global Vehicle to vehicle (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. Other findings by ABI includes: 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 combina...