What's driving the Automotive Communication Technology Market 2020? Top Key Company Broadcom, Continental, Cypress Semiconductor, Elmos Semiconductor, Infineon, Intel, Maxim Integrated, Qualcomm, Renesas, Robert Bosch, Rohm Semiconductor, STMicroelectroni

A recent report published by QMI on automotive communication technology market is a detailed assessment of the most important market dynamics. After carrying out thorough research automotive communication technology market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for automotive communication technology during the forecast period. It can enable manufacturers automotive communication technology to change their production and marketing strategies in order to envisage maximum growth.

It is anticipated that the global automotive communication technology market will grow at a rapid rate in the coming years. The major factor that is driving the automotive communication technology market is the growing demand for the automotive systems owing to the increasing government mandates. Another factor that is driving the growth of the automotive communication technology market is the increasing use of the electrical systems in the automobiles. The government has imposed norms and regulations to increase the safety measures in the automobiles and to reduce the emissions.

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The increasing purchasing power and economic growth have made consumers habituated to personalized, intuitive, and seamless experiences, mainly during the interaction with digital technologies. The growing development of autonomous vehicles assists in meeting the consumer expectations by delivering an automated experience. The autonomous vehicles are projected to offer real-time route optimization mechanisms, enabling driverless vehicles to capture real-time information on factors such as current weather & road conditions.

The infotainment & communication application segment is projected to grow at the fastest rate in the automotive communication technology market owing to factors such as the rapidly growing vehicle production, telematics regulations, and the growing demand for safe, luxurious, and smart vehicles. This application provides entertainment and information in the form of video and audio content, social networking, communication, games, navigation capabilities, rear parking assistance, and vehicle diagnostics, creating a higher market demand. This application majorly uses CAN and MOST networks, providing efficient and easy means of communication and enabling the transmission of all forms of infotainment information throughout an automobile

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. Broadcom
2. Continental
3. Cypress Semiconductor
4. Elmos Semiconductor
5. Infineon
6. Intel
7. Maxim Integrated
8. Melexis
9. Microchip
10. NXPSemiconductor
11. ON Semiconductor
12. Qualcomm
13. Renesas
14. Robert Bosch
15. Rohm Semiconductor
16. STMicroelectronics
17. Texas Instruments

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Insights about regional distribution of market:

The market has been segmented in major regions to understand the global development and demand patterns of this market. For automotive communication technology market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the automotive communication technology market.

The Asia Pacific region is estimated to register fastest growth in the automotive communication technology market since some of the major economies like China, India, and South Korea are present in the region. Chemical, material, and healthcare are some of the major industries in the region with strong potential for the automotive communication technology market. During the forecast period, the Middle East region promises a strong market potential with a high demand. It is estimated that Eastern Europe will have stable demand during the forecast period. Also, the rest of the world is expected to be an emerging market due to the increasing demand.

Market Segmentation:
By Bus Module:
Local Interconnect Network [LIN]
Controller Area Network [CAN]
FlexRay
Media Oriented Systems Transport [MOST]
Ethernet

By Vehicle Class:
Economy
Mid-Sized
Luxury

By Distribution Channel:
OEMs
Distributors

By Application:
Powertrain
Body and Comfort Electronics
Infotainment and Communication
Safety
ADAS

By Region:
North America
North America, by Country
US
Canada
Mexico
North America, by Bus Module
North America, by Vehicle Class
North America, by Distribution Channel
North America, by Application

Western Europe
Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
Western Europe, by Bus Module
Western Europe, by Vehicle Class
Western Europe, by Distribution Channel
Western Europe, by Application

Asia Pacific
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Bus Module
Asia Pacific, by Vehicle Class
Asia Pacific, by Distribution Channel
Asia Pacific, by Application

Eastern Europe
Eastern Europe, by Country

Russia
Turkey
Rest of Eastern Europe
Eastern Europe, by Bus Module
Eastern Europe, by Vehicle Class
Eastern Europe, by Distribution Channel
Eastern Europe, by Application
Middle East
Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
Middle East, by Bus Module
Middle East, by Vehicle Class
Middle East, by Distribution Channel
Middle East, by Application

Rest of the World
Rest of the World, by Country
South America
Africa
Rest of the World, by Bus Module
Rest of the World, by Vehicle Class
Rest of the World, by Distribution Channel
Rest of the World, by Application

Objectives of this report:
To assess regional and global market size for automotive communication technology market.
Define major segments in the automotive communication technology industry and determine market shares and demand.
To provide the automotive communication technology industry with a competitive scenario of major developments witnessed by main companies in the historical years.
To determine key factors that control automotive communication technology market industry dynamics with their potential gravity over the forecast period.

Reasons to Buy This Report:
Offers unique insights into the decision-making process for any category that may aid in strategic decision-making.
Market size estimate of the regionally and internationally focused infotainment market for vehicles.
Unique research methodology based on the dynamics of market.
Recognition of major companies operating on the market with related innovations
Scope to cover all potential categories that will assist all stakeholders in the automotive communication technology market industry.

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Office No- A109
Pune, Maharashtra 411028
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Email: sales@quincemarketinsights.com
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This release was published on openPR.