Published on May 19th, 2017 | by James Ayre0
~50% Of New Vehicles To Be Shipped With V2V Tech By 2022, Juniper Research Projects
May 19th, 2017 by James Ayre
Around 50% of new vehicles will be shipped from the factory with V2V (Vehicle-to-Vehicle communication) tech and hardware by the year 2022, according to a new report from Juniper Research.
This projection relates to the projection that there will be around 35 million V2V vehicles on the road by 2022, up from around 150,000 as of 2017. The growth rate projected for the tech in the new report — Consumer Connected Cars: Applications, Telematics & V2V 2017-2022 — is roughly 376%. So, quite a substantial growth rate, but not enough to truly make V2V tech a large part of the overall auto fleet. V2V vehicles will, by the projections of the report, only comprise around 2.7% of all vehicles by 2022.
For those unfamiliar with the tech, the idea is that V2V capability will allow for a reduction in the number of auto accidents through the use of auto braking and other features, as well as a number of other “improvements.” Critics point out that it also means that people will likely be monitored ever more closely by authorities — and probably more relevantly to many, by insurance companies.
And, obviously, V2V tech dovetails nicely with self-driving vehicle tech … with some analysts even arguing that truly autonomous vehicles aren’t possible (safely possible, that is) without it.
Green Car Congress provides more: “The technology will play an important role in the advance of autonomous vehicles, as the annual production of self-driving cars approaches 15 million by 2025. The research found that, alongside GPS, LiDAR (Light-Detection and Ranging), and road mapping, V2V will be amongst the critical technologies in delivering autonomous driving systems.”
“The research found that OEMs must include cellular connectivity to provide OTA (Over-The-Air) firmware updates in order for V2V to be successful. Jupiter recommends that OEMs implement 5G technology at the earliest opportunity to benefit from these newly enabled services.”
In relation to the comments about 5G, the Juniper Research report estimates that once systems such as self-driving vehicle and V2V tech becomes mainstream, such systems could use up to 1 terabyte of data per day, something that probably has cellular providers like Verizon licking their lips.
Check out our new 93-page EV report.
Join us for an upcoming Cleantech Revolution Tour conference!
Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech daily newsletter or weekly newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.