Automotive Communication Technology - Market Analysis, Trends, and Forecasts
The global automotive communication technology market is estimated to reach USD 16.1 Billion in 2024 at a CAGR of 17.8 %. Growing demand for automotive electronics and supportive government regulations for reduction in automotive emission and improvement in vehicle safety is expected to drive the automotive communication technology market during the forecast period. However, high installation cost and limited reliability of electronics architecture are expected to restrain the market during the forecast period. Increase in demand for luxury vehicles and development of the autonomous vehicles is expected to become an opportunity for automotive communication technology system market.
Automotive communication technology are computer networks in which vehicles transmit and receive information with each other regarding traffic or safety warnings. In this technology, digital devices and systems communicate via an electrical or optical signal applying a well – defined protocol which then set up a communication bus. Some key players in automotive communication technology are Robert Bosch GmbH, TOSHIBA CORPORATION, Texas Instruments Incorporated, Broadcom, and NXP Semiconductors among others.
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Automotive Communication Technology Market: Report Scope
The report on the automotive communication technology market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Automotive Communication Technology Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global automotive communication technology market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by tactful feedbacks.
· On the basis of bus module, the automotive communication technology market is segmented into controller area network (CAN), local interconnect network (LIN), Flex Ray, media oriented systems transport (MOST), Ethernet and on-board diagnostics system.
· Based on usage, the automotive communication technology market can be segmented into powertrain, body & comfort electronics, infotainment & communication and safety & ADAS.
· Based on vehicle-category, the automotive communication technology market can be segmented into economy vehicles, mid-priced vehicles and luxury vehicles.
· The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
Automotive Communication Technology Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Automotive Communication Technology Market by Bus Module
· Controller Area Network (CAN)
· Local Interconnect Network (LIN)
· Flex Ray
· Media Oriented Systems Transport (MOST)
· Ethernet
· On-Board Diagnostics System
Automotive Communication Technology Market by Usage
Powertrain
- Engine Management
- Transmission Control
- Power Management
Body & Comfort Electronics
- Thermal Management
- Chassis Control
- Parking Assistant
- Seat Control
- Others
Infotainment & Communication
· Telematics Solutions
· Wireless Connectivity
· Car-To-Car Communication
· Others
Safety & ADAS
- Predictive Safety Systems
- Driver Assistance Systems
- Adaptive Cruise Control (ACC)
- Electric Power Steering
- Others
Automotive Communication Technology Market by Vehicle-Category
· Economy Vehicles
· Mid-Priced Vehicles
· Luxury Vehicles
Key Companies
· Robert Bosch GmbH (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
· TOSHIBA CORPORATION
· Texas Instruments Incorporated
· Broadcom
· NXP Semiconductors
· STMicroelectronics
· Infineon Technologies AG
· Microchip Technology Inc.
· Continental AG
· ROHM CO., LTD.
· Other Key Companies
Automotive Communication Technology Market by Region
Asia-Pacific
· China
· India
· Japan
· South Korea
· Rest of Asia-Pacific
North America
· US
· Canada
· Mexico
Europe
· Germany
· UK
· France
· Italy
· Spain
· Rest of Europe
Middle East & Africa
· Saudi Arabia
· UAE
· Rest of Middle East & Africa
South America
· Brazil
· Argentina
· Rest of South America
Key Questions answered by the report
- What are the major developments impacting the global market and its growth?
- What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
- What are the evolving types of the global market?
- What are the evolving applications of global market?
- What are the major characteristics that will affect the global market growth during the study period?
- Who are the key players operating in the global market?
- How are the major players leveraging in the existing market conditions?
· Report Audience
- Automotive Communication Technology Market Providers
- Automotive Communication Technology Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Automotive Communication Technology System Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
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