Title: Automotive Ethernet Market: Industry Insights, Trends And Forecast To 2032
1Automotive Ethernet Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Automotive Ethernet Market Segments
The Business Research Company segments its
automotive ethernet market report as
Hardware, Software and Services
By Component
Advanced Driver Assistance Systems (ADAS),
Infotainment, Powertrain, Body and Comfort,
Chassis
By Application
By Vehicle Type
Passenger Cars, Commercial Vehicles, Farming and
Off-Highway Vehicles
3Market Statistics
The global automotive ethernet market size grew
from 2.01 billion in 2022 to 2.42 billion in
2023 at a compound annual growth rate (CAGR) of
20.7. The automotive ethernet market size is
expected to grow to 5.2 billion in 2027 at a
CAGR of 21.0.
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4Key Market Drivers And Trends
Drivers
The increased demand for motor vehicles has
contributed to the growth of the automotive
ethernet market
Trends
Technological advancements are a key trend
gaining popularity in the automotive Ethernet
market.
Region
Asia-Pacific was the largest region in the
automotive Ethernet market in 2022. North America
is expected to be the fastest-growing region in
the forecast period. The regions covered in the
automotive ethernet market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, the Middle East,
and Africa.
5Key Market Players
- Major players in the automotive ethernet market
are - Broadcom Inc
- Marvell Technology Group Ltd
- NXP Semiconductors N.V
- Microchip Technology Inc.
- Texas Instruments Incorporated
- And more.
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