The automotive Ethernet market is projected to grow from USD 1.8 billion in 2020 to USD 5.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.9% from 2020 to 2026. Major factors expected to drive the growth of the automotive Ethernet market include increasing demand for higher bandwidth, rise in deployment of ADAS and infotainment systems, rising vehicle production, and growing demand for passenger and safety and convenience. However, interoperability among components and application compatibility could pose challenges to market growth. • By component, the hardware segment to account for a higher market share during the forecast period
Automotive Ethernet provides connectivity for various automotive applications such as powertrain, chassis, body and comfort, ADAS, and infotainment systems.It supports high bandwidth applications operating at high or low speed.
Moreover, it also reduces cable and labor cost by simplifying the network complexities that includes configuration, management, and optimization aligned with in-vehicle networks.An increase in demand for ADAS and infotainment systems have propelled automotive Original Equipment Manufacturers (OEMs) to adopt Ethernet hardware components.
Ethernet offers a range of benefits, including higher bandwidth, scalability, speed, and low latency. • By application, the infotainment segment to grow at the highest CAGR during the forecast period
Infotainment and Human Machine Interface (HMI) sensors communicate with other domains within the vehicle.This requires higher bandwidth, secure connectivity, and low latency.
Therefore, Ethernet adoption in the vehicle for the infotainment system is growing exponentially over the last few years.Ethernet offers all the features and functionalities that help the infotainment system to function smoothly.
Innovative and high-quality infotainment technologies enhance the driving experience as well as the attractiveness of a vehicle. The integration of personal mobile devices and web-based services can also enhance the vehicle’s safety aspect. Automotive infotainment is one of the fastest-growing technologies in the market
Among regions, Asia Pacific (APAC) to show highest market share during the forecast period APAC is expected to be the fastest growing market by volume for the automotive Ethernet technology.One of the key factors driving the growth of the market in APAC is the increased production of passenger cars.
China, Japan, South Korea, and India are considered manufacturing hubs for the automotive industry.According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) vehicle production data, China, Indonesia, Malaysia, Taiwan, Thailand, Japan, India, and South Korea together produced more than 44 million vehicles in 2019.
With an increase in the production of vehicles, the demand for in-vehicle networking components is expected to increase during the forecast period. This, in turn, is expected to drive the growth of the automotive Ethernet market in the region.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the automotive Ethernet market.
The breakup of the profiles of the primary participants is given below: • By Company Type: Tier 1 – 10%, Tier 2 – 25%, and Tier 3 – 65% • By Designation: C-Level – 25%, Director Level – 50%, Managers–25% • By Region: North America – 40%, Europe – 30%, Asia Pacific – 20%, RoW—10
This research study outlines the market potential, market dynamics, and major vendors operating in the automotive Ethernet market. Key and innovative vendors in the automotive Ethernet market include Broadcom (US), NXP Semiconductors N.V. (Netherlands), Marvell (Bermuda), Microchip Technology Inc. (US), Vector Informatik GmbH (Germany), System-on-Chip Engineering S.L. (Spain), Molex, LLC (US), Texas Instruments (US), Cadence Design Systems, Inc. (US), TTTech Auto AG (Austria), Excelfore (US), DASAN Networks, Inc. (South Korea), ACTIA Group (France), NEXCOM International Co., Ltd. (Taiwan), AllGo Embedded Systems Pvt. Ltd. (India), Spirent Communications (UK), Keysight Technologies (US), Aukua Systems Inc (US), Intrepid Control Systems (US), RUETZ SYSTEM SOLUTIONS GMBH (Germany), TSN Systems GmbH (Germany), Xena Networks (Denmark), TEKTRONIX, INC (US), Rohde & Schwarz (Germany), and Realtek Semiconductor Corp. (Taiwan).
Research Coverage The automotive Ethernet market is segmented by component (hardware, software, and services), type, bandwidth, application, vehicle type, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the automotive Ethernet market.
Reasons to Buy the Report
The report would help the market leaders/new entrants in the following ways: • It comprehensively segments the automotive Ethernet market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different regions. • It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities. • It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes competitor ecosystem, new service developments, partnerships, and acquisitions.
Our reports have been used by over 10K customers, including:
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Industrial Motors Market Report
The industrial motors market by revenue is expected to grow at a CAGR of over 8% during the period 2021–2026.
The global industrial motors industry is expected to grow with the growth in industrial...
The global aluminum parts gravity die casting market was valued at USD 5,351 in 2020 million and is projected to reach USD 7,413 million by 2026, registering a CAGR of about 4.82% during the forecast period (2021 - 2026). During the outbreak of coronavirus during 2020, the whole supply chain of automotive industry was impacted very...
The market for rubber additives is expected to grow at a CAGR of over 3% during the forecast period. Major factors driving the rubber additives market are rapidly increasing demand from the tire manufacturing industry and growing application in enhancing structural and mechanical properties. Stringent environmental regulations are expected...
The global automotive traction motor market is projected to grow at a CAGR of 33.7% from USD 4.1 billion in 2021 to USD 17.3 billion by 2026. Factors such as supporting government policies launch of new EV models, and advanced motor designs will drive the automotive traction motor market. The electric vehicle industry has rapidly evolved...
Asia Pacific electric three-wheeler market is estimated to be 156,397 units in 2021 and is projected to grow to 486,446 units by 2026, at a CAGR of 25.5% during the forecast period. Electric three-wheelers run on the electrical energy stored in the rechargeable battery unit. These battery units can either be charged through an external power...
The market for polyimide films is expected to expand at a CAGR of over 7% during the forecast period. Major factors driving the market studied is the increasing demand from the electronics industry. High processing cost of polyimide films is one of the major challenges witnessed in the polyimide films market - Increasing adoption of...
The global automotive hypervisor market is estimated to grow at a CAGR of 39.3% during the forecast period to reach USD 704 million by 2026 from an estimated USD 134 million in 2021. Adoption of advance features in vehicles and rise in adoption of connected cars would drive the growth of the automotive hypervisor market. Also, virtualized...
The automotive lighting market was valued at USD 26.49 billion in 2020, and it is expected to reach USD 39.77 billion by 2026, projecting a CAGR 6.55% during the forecast period. Global sales of cars and SUVs fell to just under 77 million units in 2020, down from a peak of almost 94.35 million units in 2017. The sector is projected...
Executive Summary The Global Automotive FCEV Market, valued at USD 415.45 Million in the year 2020, has been witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality....
The automotive driveshaft market is valued at USD 29.15 billion in 2020 and is expected to reach USD 39.67 billion in 2026 and is anticipated to register a CAGR of about 4.93% during the forecast period (2021-2026). The outbreak of pandemic COVID-19, impacted the whole supplychain for the market as demand side (i.e. OEMs) plants were...
Vehicles In Operation
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.