In-Vehicle Networking Market Outlook | Market Trends, Expansion & Leading Companies

Market Size and Growth

Global In-Vehicle Networking Market reached US$ 2.1 Billion in 2023 and is expected to reach US$ 3.6 Billion by 2031, growing with a CAGR of 7.2% during the forecast period 2024-2031

In-Vehicle Networking Market report, published by DataM Intelligence has released its latest in-depth analysis on the global In-Vehicle Networking Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.

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In-Vehicle Networking refers to the communication system that connects various electronic components and control units within a vehicle to exchange data in real time. Using technologies like CAN, LIN, FlexRay, and Ethernet, it enables seamless integration of functions such as engine control, infotainment, driver assistance, and safety systems. In-vehicle networking enhances performance, reliability, and connectivity, forming the backbone of modern vehicles and supporting advancements in electric and autonomous driving.

Key Players:

-> Advanced Micro Devices, Inc., Bosch Limited, Elmos Semiconductor SE, Infineon Technologies AG, Melexis., Microchip Technology Inc., NXP Semiconductors., STMicroelectronics, Texas Instruments Incorporated and Semiconductor Components Industries, LLC.

Key Development:

✅ The U.S. Department of Transportation awarded $60 million in grants under its "Saving Lives with Connectivity: Accelerating V2X Deployment" program, funding initiatives in Arizona, Texas, and Utah as national models to accelerate deployment of V2X technologies.

✅ Renesas Electronics expanded its IVN product lineup with more powerful microcontrollers supporting multiple in-vehicle networking standards, while Broadcom unveiled a high-bandwidth automotive Ethernet switch-both boosting IVN performance and readiness for advanced vehicle systems.

✅ Infineon Technologies acquired Marvell's automotive Ethernet business in a USD 2.5 billion all-cash deal. The acquisition strengthens Infineon's in-vehicle networking capabilities by integrating Marvell's Brightlane Ethernet portfolio, including advanced PHY transceivers, switches, and bridges supporting speeds up to 10 Gbps. The business is projected to deliver USD 225-250 million revenue in 2025 with strong profitability, enhancing Infineon's software-defined vehicle strategy.

✅ NXP Semiconductors announced the acquisition of TTTech Auto for USD 625 million. The deal adds safety-critical middleware solutions to NXP's automotive portfolio, enabling more reliable and secure in-vehicle networking. This move solidifies NXP's position in next-generation vehicle architectures by combining robust hardware with advanced software for intelligent automotive applications.

Growth Forecast Projected:

The Global In-Vehicle Networking Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global In-Vehicle Networking Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Connectivity: Controller Area Network (CAN), Local Interconnect Network (LIN), FlexRay, Radio Frequency, Ethernet, MOST (Media Oriented Systems Transport)

By Vehicle: Passenger Car, Light commercial vehicle, Heavy Commercial Vehicle , Automated Guided Vehicle, Others

By Application: Powertrain, Safety, Body Electronics, Chassis, Infotainment, Others

Regional Analysis for In-Vehicle Networking Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among In-Vehicle Networking producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze In-Vehicle Networking revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the In-Vehicle Networking Market?

A: In 2023, the In-Vehicle Networking Market was valued at US$ 2.1 Billion, reflecting its strong industry presence.

Q2: How large is the In-Vehicle Networking Market expected to be by 2031?

A: By 2031, industry forecasts suggest the In-Vehicle Networking Market will grow to around US$ 3.6 Billion, demonstrating significant expansion.

Q3: What is the growth rate of the In-Vehicle Networking Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 7.2% during the forecast period from 2024 to 2031.

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