Christy Publications Vehicle-To-Vehicle (V2V) Communication Market | Page 2

challenged by the number of differences between the industry participants with respect to the
adoption of common standards and the requirement of the all the vehicles to adopt uniform
communication standards. These systems cannot ensure the user safety until most vehicles
adopt similar transmission equipment, for the efficiency of the information exchange. Thus,
proliferation of the technology is expected to be largely dependent on the establishment of the
regulatory standards to mandate the installation of car to car communication systems.
However, industry participants can garner growth if they establish consensus on similar
standards for the deployment over the next few years.
Market Taxonomy
This report segments the global V2V communication market on the basis of connectivity type,
deployment type, applications, and end use. On the basis of connectivity, the global V2V
communication market is classified into DSRC, and cellular based technologies. Deployment
type of V2V communication include installations in OE and aftermarket. V2V communication
market application segment includes traffic safety, traffic efficiency, and infotainment, payment
and other applications. On the basis of the end use, V2V communication market is segmented
into passenger cars and commercial vehicles.
Vehicle-to-vehicle (V2V) communication is expected to be the key component of the future
autonomous vehicle driving systems in the near future
In May 2016, a 40-year old man met with a fatal accident in his autonomous car produced by
Tesla, which crashed into a tractor trailer when taking turn. The cause of the accident was
supposed to be the lack of the camera to detect the object because of non-malicious/natural
blinding. The outcome of the incident would have been different if both the vehicles had
deployed the car to car to communication systems, and the Autopilot would have been aware
of the truck’s location, speed, and its level of threat. Even if the truck lacked these systems, the
surrounding cars could have relayed the data and enhanced the safety of the user. Thus, the
future of the autonomous vehicle safety, is largely reliant on the propagation of these systems,
and the requirement to propel the innovation in the automotive sector, V2V communication
market is expected to gain substantial impetus through the forecast period.
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