Automotive Central Gateway Module Market Size to grow by USD 1281.9 million between 2024-2028
According to a research report “ Automotive Central Gateway Module Market” by Application (Passenger cars, Commercial vehicles) Type (LIN central gateway module, CAN central gateway module, Ethernet central gateway module) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1281.9 million, at a CAGR of over 7.37% during the forecast period. Governments worldwide are prioritizing oil reduction, climate change mitigation, and clean air initiatives, leading to increased promotion of Electric Vehicles (EVs) among consumers. Incentives and benefits are being offered to encourage adoption. For instance, in February 2022, the Indian government expanded public EV charging infrastructure, installing approximately 678 stations in 9 major cities between October 2021 and January 2022 (Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai). Such initiatives aim to foster a conducive business environment for EV growth.
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By Application, the Passenger cars segment is projected to dominate the market size in 2024
The Controller Area Network (CAN) is a robust and cost-effective communication system for linking intelligent devices, particularly in the automotive and industrial sectors. CAN's high-integrity design enables multiple CAN devices to interact, reducing automobile costs and weight significantly. In contrast to LIN, CAN utilizes Cyclic Redundancy Codes (CRC) to validate frame contents. Frames with errors are discarded and signaled to the network, with the system distinguishing between global and local errors. In the event of multiple error frames, it may cease transmitting errors or disconnect from the network entirely to maintain network reliability.
By Type, LIN central gateway module segment is expected to hold the largest market size for the year 2024
The automotive central gateway module (CGM) market is primarily driven by the passenger car segment, as automakers prioritize enhancing vehicle safety and integrating advanced features. Over the past decade, the automotive industry has seen a significant shift towards electrification and the addition of innovative safety, security, propulsion, connectivity, and environmental technologies in passenger vehicles. This trend is fueled by escalating consumer expectations, intensifying competition among Original Equipment Manufacturers (OEMs) to retain market share, and stringent government regulations mandating improved safety, fuel efficiency, and security features. Consequently, the demand for automotive CGMs is experiencing exponential growth during the forecast period.
APAC is forecasted to hold the largest market size by region in 2024
The Automotive Central Gateway Module market is experiencing significant growth due to the increasing demand for advanced driver assistance systems (ADAS) and connected cars. Central Gateway Modules act as a bridge between various vehicle systems and enable seamless communication between them and external devices. This market trend is driven by consumer preferences for enhanced safety features and improved in-car connectivity solutions. Manufacturers are investing heavily in research and development to offer more integrated and efficient systems, ensuring a prosperous future for the Automotive Central Gateway Module market.
The Automotive Central Gateway Module Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Automotive Central Gateway Module (CGM) market is experiencing significant revenue growth, driven by the increasing adoption of driver assistance and active safety systems in vehicles. OEMs are focusing on providing Level 2 autonomous driving capabilities, requiring high consistency and accuracy from CGMs. Robotic efficiency and machine learning are key technologies used in the manufacturing process to meet the growing demand for these systems. Novel technologies such as artificial intelligence and vehicle electrification are also driving structural changes in the market. Subsegments like infotainment systems, emissions control, and vehicle weight reduction are seeing increased investment. Electric vehicles are a major area of focus, with advanced driver control and communication systems becoming increasingly important. Data sharing and comfort features are also key areas of development, as OEMs seek to provide a seamless and convenient driving experience. Powertrain systems are also being integrated into CGMs, allowing for real-time monitoring and optimization of vehicle performance. Overall, the automotive CGM market is poised for continued growth, with a focus on innovation and advanced technologies to meet the evolving needs of consumers and OEMs.
Market Research Overview
The Automotive Central Gateway Module (CGM) market is a critical component of the automotive industry, playing a pivotal role in the distribution and processing of data between various vehicle systems and external networks. The market encompasses a range of product types, including driver assistance systems, active safety systems, and vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication. Revenues in the CGM market are expected to recover in developing economies, driven by OEM preferences for advanced technology and the economic revival. However, fluctuating prices and intense competition pose challenges for manufacturers in the supply chain. The market is segmented into subsegments such as passenger cars, public transport, HDV, and LDV. Winning strategies include product innovation, consistency, and accuracy in manufacturing processes, as well as the adoption of novel technologies like machine learning and artificial intelligence. The CGM market is undergoing structural changes, with emerging trends including Level 4 autonomous vehicles, telematics, vehicle electrification, and infotainment systems. OEMs are focusing on scalability and product features to meet consumer demands for advanced driver convenience, control, communication, and data sharing. The market is characterized by complex supply chains, with raw materials and components sourced from low-cost suppliers, and stringent regulations regarding emissions, vehicle weight, and electric vehicles. The use of advanced technologies like Level 2 and Level 4 autonomous vehicles, driver assistance systems, and active safety systems is driving revenue growth in the market. Supplier bargaining power and the emergence of new technologies are key business roadmap considerations for market players. The CGM market is divided into the Innovator quadrant, Cutting Edge quadrant, Active quadrant, and Emerging quadrant, reflecting the competitive landscape and the need for continuous product innovation.
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