Transportation plays an important role in our daily lives, allowing us to transport efficiently from one place to another. However, with the increasing number of vehicles on the road, traffic congestion and safety concerns have become significant challenges. To address these issues and create a smarter, more efficient transportation system, the cooperative vehicle infrastructure system (CVIS) has emerged as a promising solution.

The issue of pedestrian safety and the rising number of accidents and fatalities on the road have prompted governments and manufacturers to place more emphasis on vehicle safety. The CVIS specifically addresses these challenges, particularly in less-developed countries where road density is lower and has a direct impact on the occurrence of accidents and fatalities.

What is Cooperative Vehicle Infrastructure System (CVIS)?

The cooperative vehicle infrastructure system is an advanced framework that integrates intelligent transportation systems (ITS) and communication technologies to enhance the communication between vehicles, infrastructure, and other road users. It leverages vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication to exchange information and enable real-time cooperation among several components of the transportation system.

Get More Insights: Cooperative Vehicle Infrastructure System Market Revenue Estimation and Growth Forecast Report

Economic growth and increased consumer purchasing power have increased consciousness of the importance of safe and efficient driving. In an era dominated by big data and automation, along with the growing acceptance of artificial intelligence (AI) and the Internet of Things (IoT), the requirement for a cooperative vehicle infrastructure system (CVIS) will increase in the years to come. 

Moreover, the implementation of this system is increasing across Asian countries, including China, South Korea, and India, due to the rapid economic growth and high population in this region.