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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

03-06-2023 09:44 AM CET | Logistics & Transport

Press release from: Global Insight Services

Automotive Data Cables Market

Automotive Data Cables Market

The global automotive data cables market was valued at USD 7.0 billion in 2022 and it is anticipated to grow further till USD 20.0 billion by 2032, at a CAGR of 11.1% during the forecast period.

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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.

Read More Report of Automotive Data Cables Market : https://www.globalinsightservices.com/reports/automotive-data-cables-market/

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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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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