openPR Logo
Press release

In-Vehicle Networking Market Trends, Research Report, Growth, Opportunities, Forecast 2022-2028

05-04-2022 05:02 PM CET | Logistics & Transport

Press release from: Orion Market Research

The global in-vehicle networking market is projected to exhibit a significant growth, at a CAGR of around 6.6%, during the forecast period. The market is driven by the rising environmental concerns and increasing government support, electric mobility is expanding at a rapid pace across the globe. The market players and the governments are pushing the plan for rolling out EVs and hybrid vehicles on road. According to the International Energy Agency (IEA), the global electric car fleet has hit 5.1 million marks in 2018, which is an increase of around 2 million from 2017. Moreover, in the same year, electric two-wheeler stock accounted for a total of 260 million and the electric bus fleet size was 460,000.

A full report of In-Vehicle Networking Market is available at: https://www.omrglobal.com/industry-reports/in-vehicle-networking-market

Apart from this, the transportation sector also witnessed an impressive number of EVs for freight transport. The fleet size of EVs deployed by the sector reached over 250,000 units in 2018. Governments of several nations are focusing on the development of infrastructure to roll-out the EVs to curb the rising pollution level and progress along with sustainable development. For instance, in July 2019, the Government of India reduced Goods and Service Tax (GST) on electric vehicles from 12% to 5%. In April 2019, the Indian government launched the second phase of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme to boost the EVs sales in the country.

The government has allocated around $1.4 billion to boost EVs sales in the country for over a period of three years from April 2019. This would lead to an expansion of the country's EVs fleet size in the near future. According to the IEA, India reported around 100,000 two-wheeler EVs sales over 2018-19 which led the country's two-wheeler EV fleet size to hit 600,000 in 2019. Moreover, electric three-wheeler sales in India reached over 630,000 units in 2018-19. Under the FAME program, purchase subsidies for eight electric three-wheeler models will be provided, hence further supporting the growth of the in-vehicle networking market.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/in-vehicle-networking-market

EV30@30 Campaign was launched at the 8th Clean Energy Ministerial meeting in 2017 with an intent to accelerate the deployment of EVs across the globe. The campaign sets a target for all Electric Vehicle Initiatives (EVI) members to deploy 30% EVs in the total vehicle fleet size (except two-wheelers) market by 2030. Eleven countries including China, Japan, and India have endorsed the campaign, which is also a supporting factor for the EV market growth, which in turn, will offer growth to the in-vehicle networking market. IEA estimates that, in the EV30@30 campaign, nearly 29% of all vehicles sold in India will be electric. Further, in the EV30@30 Scenario, EVs make up 70% of all vehicle sales in China in 2030 (42% excluding two/three-wheelers) and around 37% of total vehicle sales in Japan will be electric in 2030.

Global In-Vehicle Networking Market-Segmentation

By Connectivity Standard

• Ethernet
• Controller Area Network (CAN)
• FlexRay
• Local Interconnect Network (LIN)
• Others (MOST and Radio Frequency (RF))

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

In-Vehicle Networking Market- Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Cisco Systems Inc.
• Continental AG
• ElectRay Technologies Pvt. Ltd.
• Elmos Semiconductor AG
• Embitel Technologies India Pvt. Ltd.
• Harman International Industries, Inc.
• Infineon Technologies AG
• Marvell Semiconductor, Inc.
• Melexis NV
• Microchip Technology Inc.
• NXP Semiconductors N.V.
• ON Semiconductor Corp.
• Renesas Electronics Corp.
• Sierra Wireless, Inc.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
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 In-Vehicle Networking Market Trends, Research Report, Growth, Opportunities, Forecast 2022-2028 here

News-ID: 2617215 • Views:

More Releases from Orion Market Research

Workplace Safety Market Set to Witness Significant Growth by 2033 | MSA Safety Incorporated, Ansell Limited, Drägerwerk AG & Co. KGaA
Workplace Safety Market Set to Witness Significant Growth by 2033 | MSA Safety I …
The Workplace Safety market was valued at approximately USD 16.2 billion in 2024 and is projected to reach around USD 49.4 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.20% from 2025 to 2033. Workplace Safety Market Overview The global Workplace Safety market is experiencing significant growth, driven by increasing awareness of occupational hazards, stricter regulations, and a heightened focus on employee well-being. Employers are emphasizing
Waste Sorting Robots Market Set to Witness Significant Growth by 2033 | Bulk Handling Systems (BHS), Sadako Technologies
Waste Sorting Robots Market Set to Witness Significant Growth by 2033 | Bulk Han …
The global Waste Sorting Robots market was valued at approximately USD 2.13 billion in 2024 and is projected to reach around USD 10.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 19.6% from 2025 to 2033. Waste Sorting Robots Market Overview The global Waste Sorting Robots market is experiencing significant growth, driven by increasing environmental concerns, stringent waste management regulations, and the need for efficient and cost-effective
Food Blenders & Mixers Market Set to Witness Significant Growth by 2034 | Bühler Group, John Bean Technologies (JBT), and KHS Group
Food Blenders & Mixers Market Set to Witness Significant Growth by 2034 | Bühl …
The global Food Blenders & Mixers market was valued at approximately USD 10.08 billion in 2024 and is projected to reach around USD 19.29 billion by 2034, expanding at a compound annual growth rate (CAGR) of 6.70% from 2025 to 2034. Food Blenders & Mixers Market Overview The global Food Blenders & Mixers market is experiencing significant growth, driven by advancements in food processing technologies and increasing consumer demand for convenience
Artificial Intelligence (AI) in Cybersecurity Market Set to Witness Significant Growth by 2033 | FireEye, Inc., Check Point Software Technologies Ltd
Artificial Intelligence (AI) in Cybersecurity Market Set to Witness Significant …
The global Artificial Intelligence (AI) in Cybersecurity market was valued at approximately USD 25.35 billion in 2024. its robust expansion, with estimates suggesting it could attain USD 240.42 billion by 2033, reflecting a CAGR of 26.3% from 2025 to 2033. Artificial Intelligence (AI) in Cybersecurity Market Overview The AI in Cybersecurity market is experiencing rapid growth due to the increasing sophistication of cyber threats and the need for advanced defense mechanisms.

All 5 Releases


More Releases for EVs

Global Hybrid Cars And Evs Driving Recorder Sales Market Size by Application, Ty …
According to Market Research Intellect, the global Hybrid Cars And Evs Driving Recorder Sales market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The driving recorder market for hybrid and electric vehicles (EVs) is witnessing significant
Immersion Cooling Fluids Market for EVs: Trends & Competitive Analysis.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Immersion Cooling Fluids Market for Evs Market Size, Share & Trends Analysis Report By Vehicle Type (passenger vehicles, light commercial vehicles, and heavy commercial vehicles), Propulsion Type (Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), and Plug-in Hybrid Electric Vehicles (PHEVs)), Application (EV Batteries, EV Motors, and Power Electronics), Product Type (single-phase coolants and two-phase
EVs Vs. ICE Cars: What to Choose in 2025
The automotive market has seen major changes in recent years. Electric vehicles have become a worthy alternative to traditional gasoline cars amid a global shift towards clean technologies. In 2024, the market is showing growth in sales of EVs, supported by government subsidies and the development of charging station infrastructure. Electric models promise lower maintenance costs and reduced carbon emissions, but gasoline cars are often better suited for long trips and
Mini-EVs: Revolutionizing Personal Transportation with Electric Micro Vehicles
𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘 • By battery type, the lithium-ion battery segment is anticipated to exhibit significant growth in the future. • By type, the golfcarts, utility, and neighborhood electric vehicles segment is anticipated to exhibit significant growth in the future. • By application, the commercial segment is anticipated to exhibit significant growth in the future. • By region, Europe is anticipated to register the highest CAGR during the forecast period. The micro electric
Global Hub Motor for EVs Market|| key player- Hub Motor for EVs Market, ABEGG, S …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalogue by adding a fresh study titled “Global Hub Motor for EVs Market Trend Evaluation & Future Forecast during the Period 2019-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026.The report also targets important facets such as market drivers, challenges, latest trends, and
Global Hybrid Cars and EVs Sales Market Report 2017
In this report, the global Hybrid Cars and EVs market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Hybrid Cars and EVs for these regions, from