Automotive Communication Technology Market Top Trends And Statistics

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Automotive Communication Technology Market -
Global Forecast to 2025
www.MarketsandMarkets.com
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Automotive Communication Technology Market by Bus
Module (LIN, CAN, FlexRay, MOST, and Ethernet),
Application (Powertrain, Body Control Comfort,
Infotainment Communication, and Safety ADAS),
Vehicle Class, and Region - Global Forecast to
2025 The global automotive communication
technology market is valued at USD 5.84 billion
in 2017 and is projected to reach USD 19.99
billion by 2025, at a compound annual growth rate
(CAGR) of 16.7 during the forecast period. PDF
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Ethernet to be the fastest growing market and
CAN to hold the largest market during the
forecast period The automotive communication
technology market for Controller Area Network
(CAN) segment is estimated to be the largest
during the forecast period. The increase in
electronic components in the powertrain and body
control comfort applications is driving the
market for CAN in the global automotive
communication technology market. Ethernet is
estimated to be the fastest growing segment
during the forecast period. The increasing
installation of connected technologies and safety
ADAS features is driving the growth of Ethernet
segment.
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Luxury vehicle is expected to be the largest
segment of automotive communication technology
market, by vehicle class, from 2017 to 2025 The
luxury vehicle segment is expected to hold the
largest share of the automotive communication
technology market, by vehicle class. This segment
is projected to grow at a significant CAGR and is
expected to remain the largest market during the
forecast period. RequestSample_at_
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Asia Pacific to hold the largest share of
automotive communication technology market in
2025 Asia Pacific is projected to be the largest
market for automotive communication technology
from 2018 to 2025. The market growth in the
region can be attributed to factors such as
factory fitted advanced electronics and
government initiatives regarding the use of
electronics to minimize the emissions from
powertrain system and improve the safety
applications in the vehicle. Europe is projected
to be the second largest market for automotive
communication technology from 2018 to 2025. The
market growth in Europe can be attributed to the
increasing awareness regarding advanced vehicle
electronics and convenience inside a vehicle.
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Market Ecosystem The ecosystem of the
automotive communication technology market
consists of manufacturers, such as Robert Bosch
(Germany), Toshiba (Japan), Broadcom (US), Texas
Instruments (US), and NXP (Netherlands), and
research institutes such as AUTOSAR, OPEN, AEC,
and DVSA.
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Browse gtgt 80 market data
tables 41 figures
144 pages and in-depth TOC on
Automotive Communication Technology
Market - Global Forecast to 2025 Early buyers
will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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