V2X refers to an intelligent transport system (ITS) where all vehicles and infrastructure systems are interconnected with each other. V2X technology globally is permitted to operate in the 5.9-GHz frequency band, which has been harmonized in a technology-neutral manner for safety-related ITS applications. With various radar, lidar, camera, and ultrasonic sensors, an ADAS-equipped vehicle can see what is immediately around it, but it is unable to provide intelligence beyond the short-range environment covered by these sensors. This is where V2X communication comes in.
Every V2X-enabled vehicle acts as a node that is capable of broadcasting its data omnidirectionally and simultaneously receiving data from the nearby nodes. By sharing data, such as their position and speed, to surrounding vehicles and infrastructure, V2X systems improve driver awareness of upcoming potential dangers and dramatically improve collision avoidance, resulting in reduced fatalities and injury severity.
In addition, the technology is supposed to enhance traffic efficiency by providing warnings for upcoming traffic congestions, proposing alternative routes, and ensuring eco-friendly driving, thereby reducing emissions and enabling a smarter transportation management.
This report explores the growth and importance of vehicle-to-everything (V2X) communication based on automotive telematics systems. The technologies, trends, and forecasts for V2X communication and its relevance in the autonomous vehicle ecosystem are discussed in the report. The report includes basic information and forecasts of V2X communication chipsets, as well as dwells on how V2X, in its various forms, acts as a key technology enabler to full vehicle autonomy.
The report tries to define V2X communication by connectivity and application and explores how V2X communication continues to evolve globally. The term V2X throughout the report covers vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-pedestrian (V2P) communication.
The V2X communication chipset forecasts are based on telematics systems sales by region and for select countries. The telematics system sales data are based on IHS Markit light vehicle sales forecasts for April 2019 and include light vehicles up to 3.5 metric tons gross vehicle weight (GVW). To determine the take-up rates, analysts regularly conduct primary and secondary research, as well as refer to several internal IHS Markit data sets and externally published sources.
The report is not focused on merely profiling leading V2X communication chipset providers; some company data are included to help understand specific market segments, key technologies, or market trends.
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