Press release
Automotive Communication Technology Market to Grow at a CAGR of 16.03 % by 2026 | Robert Bosch, Broadcom, NXP Semiconductors, Infineon Technologies, ON Semiconductor, Continental, Texas Instruments
Automotive Communication Technology comprises of the computer networks which enable the vehicles and the roadside units to share information such as safety warnings and traffic information. It is the very beneficiary in providing the details about traffic congestion and avoids accidents. It is part of the intelligent transportation system, which enables the consumer to be part of a better transportation network. It is widely applicable in the powertrain with enhanced safety and reducing excessive traffic collision. The Global Automotive Communication Technology Market was valued at USD 6.47 Billion in 2018 and is projected to reach USD 21.40 Billion by 2026, growing at a CAGR of 16.03 % from 2019 to 2026.Some of the key players of Automotive Communication Technology Market:
Robert Bosch, Broadcom Inc., NXP Semiconductors N.V., Infineon Technologies AG, ON Semiconductor, Continental AG, Toshiba Corporation, Texas Instruments, Renesas Electronics Corporation, STMicroelectronics.
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The increasing demand for the comfort and safety measures from the consumers led to drive the growth of the market. The advancement in technology owing to the introduction of electronic systems in the automotive systems and its adoption contributes to fueling the market growth. Furthermore, stringent government regulations to reduce emission and vehicle safety tends to impose a positive outlook on the market. However, factors such as huge costs related to communication nodes and complexity associated with electronic designs hinder the market.
The Verified Market Research provides a comprehensive analysis of the Automotive Communication Technology Market status and development trends, including growth, opportunities, rising technology, competitive landscape, types, applications and product offerings of key players.
Global Automotive Communication Technology Market, By Bus Module
• Controller Area Network (CAN)
• Ethernet
• Flexray
• Local Interconnect Network (LIN)
• Media-Oriented Systems Transport (MOST)
Global Automotive Communication Technology Market, By Application
• Body Control & Comfort
• Infotainment & Communication
• Powertrain
• Safety & ADAS
Global Automotive Communication Technology Market, By Vehicle Class
• Economy
• Mid-Size
• Luxury
Global Automotive Communication Technology Market, Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Latin America
o Middle East and Africa
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Automotive Communication Technology Market Size
2.2 Automotive Communication Technology Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Automotive Communication Technology Market Size by Manufacturers
3.2 Automotive Communication Technology Key Players Head office and Area Served
3.3 Key Players Automotive Communication Technology Product/Solution/Service
3.4 Date of Enter into Automotive Communication Technology Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Automotive Communication Technology Sales by Product
4.2 Global Automotive Communication Technology Revenue by Product
4.3 Automotive Communication Technology Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Automotive Communication Technology Breakdown Data by End User
Complete Report is Available @ https://www.verifiedmarketresearch.com/product/automotive-communication-technology-market/?utm_source=opr&utm_medium=006
Contact Us:
Mr. Edwyne Fernandes
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
About Us:
Verified market research partners with clients to provide insight into strategic and growth analytics; data that help achieve business goals and targets. Our core values include trust, integrity, and authenticity for our clients. Our research studies help our clients to make superior data-driven decisions, capitalize on future opportunities, and optimize efficiency and keeping them competitive by working as their partner to deliver the right information without compromise.
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