Research Offers 10-Year Forecast on In-Vehicle Ethernet System Market
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Global In-Vehicle Ethernet System Market: Dynamics
Drivers: High complexity & increasing number of applications in vehicles are prime factors driving growth of the global in-vehicle Ethernet system market. Growing investment in smart vehicles and adoption of intelligent transportation systems are other factors expected to drive robust growth of the global in-vehicle Ethernet system market over the forecast period. Increasing investment in autonomous vehicle systems is also working as a catalyst for growth of the global in-vehicle Ethernet system market. Growth of the automotive electronics market is attributed to increasing need for higher bandwidth, latency and synchronization of wired networks, which can be fulfilled by Ethernet. Availability of a standard in-vehicle Ethernet solution for 100Mbps & 1Gbsp speed is pushing growth of the global in-vehicle Ethernet system market. Ethernet can bring standardization in the automotive service industry by providing strong data transfer mode.
Opportunity: Ethernet deployment is creating major opportunities in the global in-vehicle Ethernet system market. Increasing demand for smart cars globally is expected to create major opportunity for various players in the global in-vehicle Ethernet system market in the near future. Moreover, rising adoption of ADA systems in vehicles and increasing use of complex circuitry is expected to create a significant opportunity in the global in-vehicle Ethernet system market.
Trends: Increasing adoption of smartphones, tables and smart watches with vehicle apps is the latest trend in the global in-vehicle Ethernet system market.
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Global In-vehicle Ethernet System Market: Segmentation
Global In-vehicle Ethernet system market is segmented on the basis of automotive Ethernet type, vehicle type & region. On the basis of automotive Ethernet type, the global in-vehicle Ethernet system market is segmented into one pair Ethernet –OPEN, energy efficient Ethernet, power over Ethernet-PoW and gigabit Ethernet –GIG-E. On the basis of vehicle type, the global in-vehicle Ethernet system market is sub-segmented into passenger car, light commercial vehicle and heavy commercial vehicle. On the basis of region, the global In-vehicle Ethernet System market is segmented into the Asia Pacific, Western Europe, Eastern Europe, Middle East & Africa, North America, Latin America and Japan.
Global In-vehicle Ethernet System Market: Region-wise Outlook
North America is currently leading in terms of market share contribution to the global in-vehicle Ethernet system market revenue, with increasing deployment of smart infotainment application systems in vehicles. Asia pacific market is expected to witness significantly fast revenue growth in future, primarily due to low penetration levels of electronic assist vehicle and developing consumer’s interest towards adoption of smart featured vehicles. In Western Europe, the in-vehicle Ethernet system market in Germany is expected to exhibit relatively higher growth as compared to markets in other countries in the region owing to the government electric mobility initiative in the region.
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Global In-vehicle Ethernet System Market: Key Players
Vector Informatik GmbH
DASAN Network Solutions
Ruetz system solutions gmbh
Microchip Technology Inc.
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