Press release
In-Vehicle Networking Market to Set Phenomenal Growth from 2020 to 2028 | Analog Devices, Broadcom, Melexis NV, Microchip Technology
In-Vehicle Networking Market
In-vehicle networking includes the transfer of information among distributed electronic modules through a serial data bus. The use of a combination of software and hardware has led to a noticeable improvement in the various communications and control protocol.
The In-Vehicle Networking Market is anticipated to grow in the forecast period owing to the driving factors including increasing developments in the manufacturing industry. Further, increasing deployments in the Electronics and Semiconductor industry is supplementing the market growth. However, availability of substitutes is impeding the growth of the In-Vehicle Networking market.
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Leading Key Market Players: -
• Analog Devices, Inc.
• Broadcom Inc.
• Melexis NV
• Microchip Technology Inc.
• NXP Semiconductor NV
• Robert Bosch GmbH
• Semiconductor Components Industries, LLC
• STMicroelectronics NV
• Texas Instruments, Inc.
• Xilinx, Inc.
The expansion of in-vehicle networking offers several system-level advantages over previous mechanical means, comprising: Fewer wires needed for each function that further reduces the size of the wiring harness and enhances system weight, cost, serviceability, reliability, and installation time; Additional functions can be added through software changes, permitting greater vehicle content flexibility; and Common sensor data obtainable on the network so it can be shared, eliminating the requirement for multiple sensors.
More electronic systems are being used for delivering better comfort, safety, and convenience in the automobiles which is one the major drivers for the in-vehicle networking market. Further, increasing vehicle production across the globe is another factor that is propelling the growth of the in-vehicle networking market. Meanwhile, the rising demand for hybrid and electric vehicles is expected to cater numerous opportunities for the in-vehicle networking market growth.
The global in-vehicle networking market is segmented on the basis of component, connectivity standards, application. On the basis of component, the market is segmented as relays, sensors, memory, microcontroller, switches, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global in-vehicle networking market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.
Key Benefits of Buying this Research Study:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global In-Vehicle Networking Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the In-Vehicle Networking Market, thereby allowing players to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
About Us:
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, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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