Automotive Communication Technology Market | 2019 Regional Industry Participants Xilinx, Toshiba, Texas Instruments, STMicroelectronics, Qualcomm, NXP Semiconductors, Microchip Technology, Intel Corporation, Broadcom, Continental
Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/3008
The economy car segment is growing at the fastest rate in the automotive communication technology market and is projected to grow at a CAGR of over 16% over the forecast timeline. The major factors contributing to the market growth include the rising demand for vehicular safety from the economy class vehicle consumers and stringent government regulations for emission reduction. Hence, the economy car manufacturers are working with various automotive industry standards organizations to develop efficient networking solutions thereby meeting the stringent design constraints. This has contributed to the introduction of features such as ADAS, advanced safety, and user-friendly infotainment system into the cars, driving their adoption rates. The introduction of networking technologies in these vehicles is growing rapidly, contributing to the automotive communication technology market growth.
Automotive Communication Technology Market, By Bus Module
o Local Interconnect Network (LIN)
o Controller Area Network (CAN)
o Media-oriented Systems Transport (MOST)
Automotive Communication Technology Market, By Vehicle Class
Automotive Communication Technology Market, By Distribution Channel
Automotive Communication Technology Market, By Application
o Body and Comfort Electronics
o Infotainment and Communication
o Safety and ADAS
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/3008
The safety & ADAS segment dominates the automotive communication technology market with a projected market revenue of over USD 8 billion by 2024. The automotive systems have become more sophisticated as they include ADAS applications from collision avoidance, automatic emergency braking, and lane departure warning to autonomous driving, making the system bandwidth critical. To meet this high bandwidth and latency requirements, it is essential for automotive manufacturers to provide high-performance network connectivity. The use of automotive Ethernet in these systems delivers a single in-vehicle network, enabling a seamless cross-domain communication and accelerating their adoption rates in the automotive communication technology market.
The distributors segment is growing rapidly with a projected CAGR of over 17% over the forecast timespan. The communication technology providers mainly align with the distributors to provide its technology to automotive manufacturers worldwide. The distributors dominate the aftermarket landscape by developing strategies to deepen their relationship with customers, driving the company sales. They also provide an insightful understanding regarding the prevailing market conditions and the changing customer requirements, which enable companies to bring about necessary transformations in its offerings, contributing to the automotive communication technology market growth.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/automotive-communication-technology-market
The companies operating in the global automotive communication technology market are focusing on bringing about innovations in production technologies, resulting in the development of advanced solutions for the automotive communication technology market. Major players functioning in this market include On Semiconductor, NXP Semiconductor, Microchip, Continental, Broadcom, Intel, Qualcomm, Renesas, Vector Informatik, Robert Bosch, Elmos Semiconductor, Xilinx, STMicroelectronics, Melexis, Infineon, Cypress Semiconductor, and Texas Instruments. These players are also entering into strategic partnerships with various automotive manufacturers to expand their presence and gain a competitive edge in the automotive communication technology market.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Communication Technology Market | 2019 Regional Industry Participants Xilinx, Toshiba, Texas Instruments, STMicroelectronics, Qualcomm, NXP Semiconductors, Microchip Technology, Intel Corporation, Broadcom, Continental here
News-ID: 1562342 • Views: 885
More Releases from Global Market Insightshts, Inc.
Air Compressor Market 2019 By Key Vendors Gardner Denver, Ingersoll Rand, ELGI E …
Asia Pacific is the manufacturing hub of the world due to favorable policies implied by many countries to attract foreign investments. The region is among the highest contributors in global industrial output as major automotive and machinery manufacturing companies have their production units here. This will provide an up thrust to overall air compressor market in near future. Air Compressor Market size will likely surpass USD 40 billion by 2024.
Earthmoving Equipment Market 2019 By Key Players Volvo Construction Equipment, J …
Earthmoving equipment market size is forecast to hit USD 192.45 billion revenue by 2023. Real time monitoring and detection of machinery failure is predicted to drive global earthmoving equipment market size in the coming years. Since they emit harmful gases, equipment must comply with fuel emission standards implemented by regulatory authorities. Global loaders market size surpassed USD 50 billion in 2015, with the excavator’s industry predicted to grow at 9%
Global Biosensors Market share to request $29bn by 2024
New discoveries in the field of medical science, government support, rising demand for point of care testing, and the global occurrence of chronic conditions like diabetes along with rapid & accurate detection of such conditions is anticipated to boost the demand for biosensors market over the coming years. The industry growth is expected to further receive a boost owing to the user-friendly as well as cost-effective nature of these biosensor
More Releases for Communication
Gender Differences in Communication
A friend was complaining that her boyfriend would not say “I love you” even if explicitly asked to do so. The only exception, she said, was when they were in fact in the act of making love. Then, if asked, he would say the sacred words. Somebody suggested to her that she should not take too much comfort in the exception. When making love, she was told, men would say anything. “He’d
Green Communication Market
Energy efficiency in cellular networks is a growing concern for cellular operators to not only maintain profitability, but also to reduce the overall environmental effects. This emerging trend of achieving energy efficiency in cellular networks is motivating the standardization authorities and network operators to continuously explore future technologies in order to bring improvements in the entire network infrastructure. In order to achieve this, green communication technologies are widely preferred and
According to a recent market report published by Persistence Market Research titled “Clinical Communication and Collaboration Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025),” revenue from the global clinical communication and collaboration market was US$ 138.5 Mn in 2012 and US$ 214.8 Mn in 2016, representing a CAGR of 11.6% from 2012 to 2016. This revenue growth is attributed to addition of new features in clinical communication and collaboration solutions.
Tactical Communication and Protective System
The Tactical Communication and Protective System (TCAPS) provides concurrent hearing protection and auditory situational awareness. Historically, Soldiers have had to choose between hearing protection and force protection. TCAPS maintains hearing protection while enabling Soldiers to use existing tactical radios, resulting in increased mission effectiveness, safety, and survivability. The scope of the Report: This report focuses on the Tactical Communication and Protective System in North America market, especially in the United States, Canada
Branding is nothing but a definition of ‘what you are’ and ‘what others think of you’. It is always strategic and a more generous way of self-promotion. At Kaavin Communications, as an advertising agency we believe in creating compelling brand experiences that touch a chord with audiences. Our goals are simple; do great work, make our client’s brands successful with the right communication; build fiercely loyal relationships with them in
Matrix Helping Hoteliers Improve Communication with Advanced Communication Solut …
Matrix is well-known for offering communication and security solutions. The tagline of the company ‘Expect More!’ is very finely translated in the quality of solutions it offers. Changing technology and people selecting hotels according to the standard of services offered are the major challenges of the hoteliers. Hotel owners are finding it difficult to offer personalized services within a limited budget. Matrix Hospitality Solutions help hotel staff offer high quality services