Press release
Automotive Data Cables Market is anticipated to expand at a compound annual growth rate at a CAGR of 11.1% forecast 2022-2032 - ACOME Group, Aptiv PLC, Belden Incorporated
Automotive Data Cables Market
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Automotive data cables are the type of cables that are used to transfer data. The increasing use of connected cars coupled with the increasing availability of smart vehicle infotainment system is boosting the demand for the automotive data cables market.
Moreover, increasing popularity of autonomous vehicle is led to the increasing requirement of data cables, which is likely to influence the growth of the automotive data cables market.
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Market Trends and Drivers
The increasing contribution of electronic systems in passenger cars coupled with emergence of autonomous vehicles is anticipated to boost the growth of the market.
Moreover, rise in sales of premium vehicles and growing popularity of vehicle telematics along with increasing role of data connectivity for in-vehicle infotainment and V2V communication is likely to refuel the growth of the market.
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Global Automotive Data Cables Market Segmentation
By Cable
Controller Area Network
Controller Area Network Flexible Data-Rate
FlexRay
Ethernet
Low Voltage Differential Signaling/High Speed Data
Coaxial Cables
By Vehicle
Passenger Vehicles
Commercial Vehicles
By Application
Powertrain
Body Control & Comfort
Infotainment & Communication
Safety & ADAS
Major Players in the Global Automotive Data Cables Market
The key players studied in the report are ACOME Group, Aptiv PLC, Belden Incorporated, Coficab group, Condumex S.A. de C.V., Coroplast, Amphelone Corporation, General Cable Technologies Corporation, Furukawa Electric Industries Ltd., Champlain Cable Corporation, among others.
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