“Automotive Communication Technology Market” Report 2019 presents comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market information and projections with an appropriate set of assumptions and methodology. The Automotive Communication Technology report additionally helps in understanding market dynamics, structure by distinguishing and analysing the market segments by type, End-user, and Region and, project the worldwide market size (2019-2026).
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Automotive Communication Technology Market was valued at US$ 6Bn in 2017 and is expected to reach US$ 20Bn by 2026, at a CAGR of 16.24% during a forecast period.
In trends many vehicle owners are turning towards better communication technology to improve their vehicle performance and life safety. Changing technology are saving money on repairs and fuel costs. New invention in the field of the technology are demanding. The car as a connected mobile device, the possibilities are captivating the information technologies in vehicles, which is now playing a major central role for the customers in purchasing vehicles. Vehicles now are able to access upon the external information and content are factors to impact more on the growth of Automotive Communication Technology market.
Top Performing Key Players in Automotive Communication Technology Industry: Robert Bosch, NXP Semiconductors, Microchip, Texas Instruments, Broadcom, Renesas, Vector Informatik, Toshiba, Rohm Semiconductors, Qualcomm, Intel, STMicroelectronics, Elmos Semiconductor, Xilinx.
Based on the Bus module, Ethernet segment is expected to hold the largest share in the market during the forecast period. Automation and connectivity are driving the automotive industry. Rising luxury car purchasing power and lowering maintenance costs. Ethernet is emerging as a preferred choice. Automotive Ethernet is slightly different; a flavor of regular Ethernet, it’s optimized for vehicular use. By 2020, it is estimated that 40% of the cost of a car will be in electronics (up from about 32% today). New safety, infotainment, and communication features and technologies will drive this increase. Automotive wiring harnesses will change from heterogeneous networks of proprietary protocols (such as CAN and MOST) to hierarchical homogenous automotive Ethernet networks. In Application, Safety and ADAS is also expected to lead the market growth.
The report provides details list of drivers and restraints of the market, which are influencing the market growth.
Major driving factors of the automotive communication technology market are increasing the quantity of vehicles has expanded essentially over the globe because of modernization and enhanced spending energy of individuals. This has prompted an expansion in the automotive emanation levels too. Increasing demand from passenger and commercial vehicle. Increasing RandD activities by major players for development of cost effective product is expected to create new opportunities. Intelligent transport systems giving alert to drivers in traffic conditions, tolls and optimum routes, as well as driver assistance systems to control speed, stability and even emergency braking if required are factor’s to boost the demand for automotive communication technology market. Less reliability of electronics architecture and higher cost installation will act as a restraint to the market.
In terms of region, Asia pacific is expected to hold the largest share in the market during the forecast period. The Asia-Pacific region is home to some 3.9 billion people representing just over half of the world’s population and increasing number of local automakers and Tier 1 suppliers operating in the region. Increasing awareness of green vehicles and new ideas from new players giving inspirations to the traditional automotive industry. Population with enormous projected growth has important implications in terms of economic development. India, China, Japan, Singapore, Thailand and Malaysia have been reduced the number of road accidents and accident fatalities. China Is the Main Target for In-Vehicle Applications Newcomers Will Make the Automotive Market more exciting.
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Scope of the Report for Automotive Communication Technology Market:Automotive Communication Technology Market, by Bus moduleLocal Interconnect Network (LIN)Controller Area Network (CAN)FlexRayMedia-Oriented Systems Transport (MOST)EthernetÂÂAutomotive Communication Technology Market, by ApplicationPowertrainBody Control and ComfortInfotainment and CommunicationSafety and ADASAutomotive Communication Technology Market, by Vehicle classEconomyMid-SizeLuxury
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Communication Technology in these regions, covering
Key Questions Answered in Automotive Communication Technology Report:
Further, report additionally concentrate on competitive analysis of key players by materials, price, financial position, materials portfolio, growth strategies and regional presence. The report also provides PEST analysis, PORTER`s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to particular market segment.
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Detailed TOC of Automotive Communication Technology Market 2019 to 2026
Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
Assumptions and Research Methodology
2.1. Abbreviations Used
2.2. Report Assumptions
2.3. Research Methodology
Executive Summary
3.1. Global Automotive Communication Technology Market Volume and Value (US$ Mn), by Region
Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Challenges
4.2.4. Emerging Technology
4.3. Market Analysis
4.3.1. Value Chain Analysis
4.3.2. Pricing Analysis
4.3.3. Market Risk analysis
4.3.4. Porter`s Analysis
Global Automotive Communication Technology Market Analysis and Forecast
5.1. Global Automotive Communication Technology Market Analysis and Forecast
5.2. Global Automotive Communication Technology Market Sizeand Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East and Africa
5.2.5. South America
Global Automotive Communication Technology Market Analysis and Forecast, by Distribution Channel
7.1. Introduction and Definition
7.2. Global Automotive Communication Technology Market Size (US$ Mn) Forecast, by Distribution Channel
7.3. Global Automotive Communication Technology Market Value Share Analysis, by Distribution Channel
7.4. Global Automotive Communication Technology Market Attractiveness Analysis, by Distribution Channel
Global Automotive Communication Technology Market Analysis, by Region
8.1. Global Automotive Communication Technology Market Size (US$ Mn) Forecast, by Region
8.2. Global Automotive Communication Technology Market Value Share Analysis, by Region
8.3. Global Automotive Communication Technology Market Attractiveness Analysis, by Region
………
Competitive Landscape
17.1. Automotive Communication Technology Market Share Analysis, by Key Players
17.2. Competition Matrix
17.2.1. Competitive Benchmarking of key players by price, presence, market share, Product s and RandD investment
17.2.2. Market Consolidation
17.2.2.1. MandA by regions, investment, Product s, MandA Key Players, forward integration, backward integration
17.3. Company Profiles: Key Player: Company Overview, Financial Overview, Business Strategy, Recent Developments, Manufacturing Footprint……Browse Full TOC Here
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