Automotive Communication Technology Market Overview, Share, Trends, Future Scope Analysis, Forecast 2030 – The Bollywood Ticket

The global automotive communication technology market was valued at $5.22 billion in 2017 and is projected to reach $24.39 billion by 2026, growing at a CAGR of 18.7% during the forecast period. Factors such as the increasing contribution of electronic systems in passenger cars, government mandates and industry standards to reduce emissions and improve vehicle safety are fueling the growth of the market. However, the greater complexity and lower reliability of the electronic architecture is hampering the market.

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Automotive communication technology is aided in the vehicle for better uninterrupted communication with other vehicles. The automotive industry has evolved rapidly over the past decade with the increasing use of electronic control units (ECUs), which have positively influenced how various automotive subsystems communicate.

Among the bus modules, the Controller Area Network (CAN) segment has witnessed substantial growth over the forecast period. The increase in electronic components in powertrain and body control and comfort applications is driving the CAN market in the global automotive communication technology market.

By geography, Asia-Pacific is expected to grow with a large market share over the forecast period. Market growth in the region can be attributed to factors such as advanced factory-fitted electronics and government initiatives regarding the use of electronics to minimize powertrain system emissions and improve safety applications in the vehicle.

Some of the major players in the global automotive communication technology market are Texas Instruments, Intel, Microchip, Toshiba, Xilinx, on Semiconductor, Robert Bosch, Rohm Semiconductor, Infineon, Broadcom, Cypress Semiconductor, NXP, Continental, Renesas, Melexis, Stmicroelectronics, Elmos. Semiconductor, Qualcomm, Vector Informatik and Maxim Integrated.

Classes of vehicles covered:
• Luxury
• Average height
• Economy

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Bus modules covered:
• Flexray
• Media Oriented System Transport (MOST)
• Local Interconnect Network (LIN)
• Ethernet
• Controller Area Network (CAN)

Distribution channels covered:
• Distributors
• Original Equipment Manufacturer (OEM)

Applications covered:
• Body control and comfort
• Advanced Driver Assistance and Safety Systems (ADAS)
• Powertrain
• Infotainment and communication
• Other applications

Regions covered:
• North America
o United States
o Canada
o Mexico
• Europe
o Germany
o United Kingdom
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia-Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East and Africa
o Saudi Arabia
o WATER
oQatar
o South Africa
o Rest of the Middle East and Africa

What our report offers:
– Market share assessments for regional and country segments
– Strategic recommendations for new entrants
– Market forecasts for a minimum of 9 years of all mentioned segments, sub-segments and regional markets
Market trends (drivers, restraints, opportunities, threats, challenges, investment opportunities and recommendations)
– Strategic analysis: drivers and constraints, product/technology analysis, analysis of Porter’s five forces, SWOT analysis, etc.
– Strategic recommendations in key business segments based on market estimations
– Competitive landscaping mapping major common trends
– Company profiling with detailed strategies, financials and recent developments
– Supply chain trends mapping the latest technological advancements

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