Press release
Automotive Ethernet Market 2022 Industry Size, Share, Growth, Developments, Top Key Players | Broadcom Inc., Marvell Technology Group Ltd., NXP Semiconductors N.V., Microchip Technology Inc.
Automotive Ethernet Market
The regions covered in the automotive ethernet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest automotive ethernet market share.
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The automotive ethernet market consists of sales of automotive ethernet by entities (organizations, sole traders, and partnerships) consisting of a physical network which is used to attach elements within the car through wired networks. Ethernet bypasses traditional connectivity cabling in automobiles, allowing all vehicle components to connect with lighter and more effective wires, thus reducing connectivity costs and cabling weight. Automotive ethernet is a fast in-vehicle communication protocol offering high bandwidth to support high-end vehicular functions such as vehicle interaction, calibration, measurement, and diagnostics through diagnostics over internet protocol (DoIP) and others.
Key competitors in the automotive ethernet market include Broadcom Inc., Marvell Technology Group Ltd., NXP Semiconductors N.V., Microchip Technology Inc., Texas Instruments Incorporated, Molex LLC, Cadence Design Systems Inc., System-on-Chip Engineering S.L., TTTech Computertechnik AG, Vector Informatik GmbH, Excelfore, ACTIA Group, AllGo Embedded Systems Private Limited, and Keysight Technologies
The global automotive ethernet market size is expected to grow from $1.68 billion in 2021 to $1.98 billion in 2022 at a compound annual growth rate (CAGR) of 17.70%. The growth in the market is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive ethernet market size is expected to reach $4.08 billion in 2026 at a CAGR of 19.85%.
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TBRC's report segments the global automotive ethernet market:
1) By Component: Hardware, Software and Services
2) By Application: Advanced Driver Assistance Systems (ADAS), Infotainment, Powertrain, Body and Comfort, Chassis
3) By Vehicle Type: Passenger Cars, Commercial Vehicles, Farming and Off-Highway Vehicles
Read Further On The Automotive Ethernet Market Here:
https://www.thebusinessresearchcompany.com/report/automotive-ethernet-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Automotive Ethernet Market Characteristics
3. Automotive Ethernet Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Ethernet
5. Automotive Ethernet Market Size And Growth
.....
27. Automotive Ethernet Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Ethernet Market
29. Automotive Ethernet Market Future Outlook and Potential Analysis
30. Appendix
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