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Automotive V2X : The Evolution of the Automobile Industry

The evolution of the automobile industry can be attributed to the ever-changing buyer’s preferences, escalated focus on passenger safety, environmental concerns, and stringent government rules and regulation, aiming for minimal road accidents. In the past few years, vehicles have witnessed rapid technological advancements regarding passenger safety, communication capabilities, and driving experience, owing to the increase in focus from automakers and consumers to enhance safety and comfort in the vehicles. These goals of automakers are profoundly supported by numerous federal authorities such as the National Highway Traffic Safety Administration (NHTSA), European Commission (EC), and Departments of Transportation (DoT) in numerous regions. This is expected to advance vehicle safety on public roads with the integration of vehicle-to-everything (V2X) communication in automobiles.

The products segment of the automotive V2Xmarket is categorized into DSRC-basedautomotiveV2X communication and C-V2X-based automotive V2X communication. The DSRC-based V2X communication dominates the automotive V2X market in 2019, owing to the deployment of DSRC communication system in vehicles, including Cadillac CTS Sedan. However, there will be a shift from DSRC to CV2X system during the forecast period, owing to the benefits of CV2X system over DSRC.

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