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Automotive Communication Technology Market Demand, Supply, Growth Factors, Latest Rising Trend & Forecast to 2027

Press release   •   Apr 10, 2019 12:23 IST

Global Automotive Communication Technology Market

The global automotive communication technology market is segmented on the basis of bus module, application, and vehicle class. Based bus module, the market is segmented as LIN, CAN, FlexRay, MOST, Ethernet. On the basis of application, the market is segmented into Powertrain, Body Control and Comfort, Infotainment & Communication, and Safety & ADAS, Similarly, based on vehicle class the market is segmented into Economy, Mid-Size, Luxury.

Automotive Communication Technology is used in vehicle for uninterrupted and better communication with other vehicles. There are various bus modules integrated within vehicles to communicate namely: Local Interconnect Network (LIN), Controller Area Network (CAN), FlexRay, Media-Oriented Systems Transport (MOST), and Ethernet. The application where automotive communication technology used are: Powertrain, Body Control and Comfort, Infotainment & Communication, and Safety & ADAS.

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Some of The Leading Players in Automotive communication Market:

  1. Broadcom Inc.
  2. Continental AG
  3. Cypress Semiconductor Corporation
  4. Elmos Semiconductor AG
  5. Infineon Technologies AG
  6. Intel Corporation
  7. Maxim Integrated
  8. Melexis
  9. Microchip Technology Inc.
  10. ON Semiconductor

The significant drivers of automotive communication technology market are rising contribution of electronic systems in passenger cars. The mounting rise in sales of premium vehicles and emergence of autonomous vehicles are creating opportunities which will increase the demand for automotive communication technology market in the forecast period. The market is likely to showcase opportunities for the untapped markets and growing awareness among the users.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive communication technology market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive communication technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive communication technology market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive communication technology market in these regions.

The reports cover key developments in the automotive communication technology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from automotive communication technology market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive communication technology in the global market. Below mentioned is the list of few companies engaged in the automotive communication technology market.

The report also includes the profiles of key automotive communication technology companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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