Authored By: Sarah
17 Nov 2023

Automotive Ethernet Market to expand by USD 4.60 Bn revenue through 2023-2027 | Leading Segments, Trends, Drivers and Challenges

Infineon Technologies AG, Marvell Technology Group Ltd., Microchip Technology Inc., NXP Semiconductors NV, Realtek Semiconductor Corp., and TE Connectivity Ltd. are among the key companies discussed in the report

The Global Automotive Ethernet Market is estimated to exhibit growth at a CAGR of 20.88% between 2022 and 2027 followed by a humongous revenue growth of  USD 4,606.85 Mn. Rising demand for high bandwidth and lightweight materials, rising demand for driver assistance systems, and future-proof technology are the primary determinants of this market expansion

Automotive Ethernet Market: Market Segments and Growth Forecasts

  • Automotive Ethernet Market can be segmented by vehicle type (passenger cars and commercial vehicles), application (cameras and ADAS, infotainment, diagnostics, and network backbone), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
  • 44% of the growth of the global market during the forecast period will originate from APAC owing to its increasing adoption of advanced driver-assistance systems (ADASs) in vehicles and the rise in penetration of connected technologies and ADAS across all vehicle segments.

Technavio's research report will provide insights into the current market share of each segment along with growth projections for the next five years.

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Snapshot of Automotive Ethernet Market

Automotive Ethernet Market: Trends, Drivers, Challenges

Technavio's report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Increasing demand for high bandwidth and lightweight materials will be a significant factor in driving the growth of the Automotive Ethernet Market.
  • Rising demand for driver assistance systems will be instrumental in driving the market growth during the forecast period.
  • OEMs being skeptical about adopting ethernet in vehicles is a hurdle that needs to be crossed on the path to success.

Automotive Ethernet Market: Market Players Analysis

Leading companies in the Automotive Ethernet Market are DASAN Networks Inc., Infineon Technologies AG, Intrepid Control Systems Inc., Keysight Technologies Inc., Marvell Technology Inc., Microchip Technology Inc., Mouser Electronics Inc., NEXCOM International Co. Ltd., NXP Semiconductors NV, Realtek Semiconductor Corp., Rohde and Schwarz GmbH and Co. KG, Spirent Communications Plc, etc comes with wide range of its services and products.

Organizations like System on Chip Engineering offer automotive ethernet that minimizes cabling, lowering fuel consumption, manufacturing costs, and time to market. The company is involved in helping customers develop products faster and with confidence on targeted design platforms. Our report includes qualitative and quantitative analyses of market leaders with a wider understanding of the business ecosystem. 

Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment and offering insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments. Download our sample report for more insights.

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