Press release
Automotive Ethernet Market 2021 Competitive Insights - Broadcom Inc., NXP Semiconductors NV, Marvell Technology Group Ltd., Molex Incorporated, Microchip Technology Inc
The Automotive Ethernet Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Automotive Ethernet Market is expected to reach a CAGR of 23.5% during the forecast period (2020 - 2025).
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Top Leading Companies of Automotive Ethernet Market are Broadcom Inc., NXP Semiconductors NV, Marvell Technology Group Ltd., Molex Incorporated, Microchip Technology Inc., Texas Instruments Inc., Cadence Design Systems, Inc., TTTech Auto AG, System-On-Chip Engineering S.L. (SoC-E), Xilinx, Inc., TE Connectivity, Ltd., Toshiba Corporation, Realtek Semiconductor Corp., DASAN Networks, Inc. and others.
Industry News and Updates
- In March 2020, Argus Cyber Security, a provider of automotive cybersecurity, and NXP Semiconductors, a supplier of automotive semiconductors, announced in partnership, a new integrated solution that allows the carmakers to protect Ethernet network communications based on the NXP S32G vehicle processor.
- In September 2019, Marvell announced the launch of the family of the high-port count, claiming it to be ultra-low latency automotive switches with multi-gigabit routing throughput capabilities. This portfolio combines the industry's first high-port count aggregation switch, offering all ports at gigabit capacity enabling clustering of safety-critical sensor data in an Advanced Driver Assistance System (ADAS) and data transfer over highspeed PCIe host uplink.
Key Market Trends
Asia Pacific to Witness Significant Growth
- Increased production of passenger vehicles is one of the major factors driving the growth of the market in the Asia Pacific Region. India is ranked as the world's sixth-largest automotive market; world-class automakers, like Mercedes-Benz, Ford, and Volkswagen, are rolling out expansion plans in India to maximize manufacturing capacity and output to minimize the supply-demand gap in the local market. With these plans, the Indian market for time-sensitive in-vehicle networking components will increase, and thus the automotive ethernet market is poised for strong growth through the 2020s.
- The increase in production can be attributed to a reduced cost as well as continuous miniaturization of hardware components, which has helped this market to increase over the past few years. According to OICA, in 2019, more than 40 million vehicles were produced within the region. In 2019, China was the biggest market for passenger car vehicles, with around 21.44 million vehicles sold and commercial vehicle sales of approximately 4.3 million.
Regional Outlook of Automotive Ethernet Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Automotive Ethernet Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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