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The Asia Pacific market is projected to hold the largest market share and is estimated to grow at a significant CAGR during the forecast period. The market growth in the region can be attributed to the increase in vehicle production and government mandates regarding the active and passive safety of vehicles. In addition, the increasing investment in infrastructure, construction activities, and increasing sales of luxury vehicles are also projected to drive the market growth in this region. Some of the major restraints for the global automotive communication technology market are high complexity and less reliability of electronics architecture and higher cost per node with the increase in communication nodes in a vehicle.
Market Analysis and Insights: Global Automotive Communication Technology Market
The global Automotive Communication Technology market size is projected to reach US$ 6479.3 million by 2026, from US$ 5812.9 million in 2020, at a CAGR of 10.6%% during 2021-2026.
Global Automotive Communication Technology Scope and Market Size
Automotive Communication Technology market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Communication Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Robert Bosch
Toshiba
Broadcom
Texas Instruments
NXP
STMicroelectronics
Infineon
Renesas
ON Semiconductor
Microchip
Continental
Cypress Semiconductor
Rohm Semiconductor
Xilinx
Melexis
Elmos Semiconductor
Vector Informatik
Intel
Maxim Integrated
Qualcomm
Local Interconnect Network (LIN)
Controller Area Network (CAN)
FlexRay
Media-Oriented Systems Transport (MOST)
Ethernet
Economy Vehicle
Mid-Size Vehicle
Luxury Vehicle
North America
Europe
China
Japan
Southeast Asia
India
Market Analysis and Insights: Global Automotive Communication Technology Market
The global Automotive Communication Technology market size is projected to reach US$ 6479.3 million by 2026, from US$ 5812.9 million in 2020, at a CAGR of 10.6%% during 2021-2026.
Global Automotive Communication Technology Scope and Market Size
Automotive Communication Technology market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Communication Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Robert Bosch
Toshiba
Broadcom
Texas Instruments
NXP
STMicroelectronics
Infineon
Renesas
ON Semiconductor
Microchip
Continental
Cypress Semiconductor
Rohm Semiconductor
Xilinx
Melexis
Elmos Semiconductor
Vector Informatik
Intel
Maxim Integrated
Qualcomm
Market segment by Type, the product can be split into
Local Interconnect Network (LIN)
Controller Area Network (CAN)
FlexRay
Media-Oriented Systems Transport (MOST)
Ethernet
Market segment by Application, split into
Economy Vehicle
Mid-Size Vehicle
Luxury Vehicle
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
