DSRC Technology Market - Forecast(2021 - 2026)
DSRC has been widely used because of some unique properties such as low latency and high reliability. The United States Federal Communications Commission (FCC) allocated 75 MHz of spectrum in the 5.9 GHz band to be employed for vehicle to vehicle and vehicle to infrastructure communication. In addition, European Telecommunications Standards Institute (ETSI) allocated 30 MHz of spectrum in the 5.9 GHz band. The overall market of DSRC On-board units and roadside units in the year 2017 amounted to be $100.6m. Also, the global DSRC market for passenger vehicle was estimated to be $60.7m in the same year and is estimated to grow at a CAGR of 6.8% for the forecast period. Government support, regulations, and increasing awareness for safety measures will drive the DSRC market.
- FLIR Systems, Inc. has launched the FLIR ThermiCam V2X, a thermal traffic sensor for the emerging vehicle to everything (V2X) communication market. This sensor will allow vehicles and traffic infrastructure to communicate and shares the data in a system that aims to improve motorist, pedestrian, and bicyclist safety and efficiency. This sensor is under testing and will be commercialized by the end of 2018.
- In 2016, LTA awarded a $556 million contract to the consortium of NCS and Mitsubishi Heavy Industries Engine System Asia to build a next-generation electronic road pricing system. In 2018, The Singapore Land Transport Authority (LTA) has begun testing an Automatic Number Plate Recognition (ANPR) camera system with Dedicated Short Range Communications (DSRC) and is expected to be completed by 2019. This system can be located along the existing roadside infrastructure on expressways and measure fares without the need of any heavy infrastructure.
- Autotalks and Israeli startup Griiip are carrying out a research into how Vehicle to Everything (V2X) and Vehicle to Vehicle (V2V) communication chipsets are making their way in motorsports. The companies have developed a single seater racing car with Autotalks CRATON2 chipsets which is designed to eliminate race car casualties in professional racing. For instance, If a driver should lose control of their racing car or stop in a dangerous area ripe for collision, the communication system will automatically detect the hazard and issue an alert.
- Savari Inc. equipped 11 intersections and traffic lights in Palo Alto with its Road-Side-Units which would assist cars, pedestrians and bicyclists as well as visually and mobility impaired people to communicate with traffic lights. The main aim is to increase traffic predictions and safety while preparing the road for autonomous and self-driving car deployments.
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