EV VEHICLE-TO-VEHICLE COMMUNICATION MARKET

INTRODUCTION

Vehicles can electronically communicate information about their speed, location, and heading thanks to vehicle-to-vehicle (V2V) communication. cars may send and receive omnidirectional messages (up to 10 times per second) thanks to the technology enabling V2V communication, giving them a 360-degree “awareness” of other nearby cars. 

The communications from neighbouring vehicles can be used by vehicles with the proper software (or safety programmes) to identify possible crash dangers as they emerge. The device can then use a combination of audio, tactile, and visual alerts—or any one of them alone—to warn drivers.

EV VEHICLE-TO-VEHICLE COMMUNICATION MARKET SIZE AND FORECAST

The Global EV Vehicle-to-Vehicle communication market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

EV VEHICLE-TO-VEHICLE COMMUNICATION MARKET DYNAMICS

V2V has the potential to both be an important development in and of itself as well as serve as an essential foundation for fully autonomous vehicles in the future. The next hurdle is to construct the mesh networking infrastructure that would enable vehicles to communicate with one another.

Hundreds of sensors are already in modern vehicles, thus a lot of the information needed (such as speed, direction, etc.) already exists. Each component of the network—a vehicle—can generate, receive, and relay messages in a peer-to-peer mesh network that underpins vehicle-to-vehicle communication.

 This strategy allows for the construction of a sizable network in densely inhabited places without the expense of costly infrastructure. V2V is anticipated to progress along a similar evolutionary path as automotive technology continues to advance towards fully autonomous vehicles.

When the systems are further developed, they may be able to manage the car by applying the brakes or reversing to avoid obstacles after initially alerting the driver. 

Dedicated short-range communications (DSRC) is one technology that groups like the FCC and ISO are proposing, and V2V would create a mesh network.

This is comparable to WiFi in that it uses a 5.9GHz frequency and has a range of around 300 metres, which is equivalent to about 10 seconds on a motorway. Early V2V implementations are probably going to be ‘warning only’ systems, which alert the driver either visually or audibly (or both).

THIS EV VEHICLE-TO-VEHICLE COMMUNICATION MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV Vehicle-to-Vehicle communication are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV Vehicle-to-Vehicle communication and key vendor selection criteria
3. Where is the EV Vehicle-to-Vehicle communication manufactured? What is the average margin per unit?
4. Market share of Global EV Vehicle-to-Vehicle communication market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV Vehicle-to-Vehicle communication in-house
6. key predictions for next 5 years in Global EV Vehicle-to-Vehicle communication market
7. Average B-2-B EV Vehicle-to-Vehicle communication market price in all segments
8. Latest trends in EV Vehicle-to-Vehicle communication market, by every market segment
9. The market size (both volume and value) of the EV Vehicle-to-Vehicle communication market in 2024-2030 and every year in between?
10. Production breakup of EV Vehicle-to-Vehicle communication market, by suppliers and their OEM relationship