The global automotive transceivers market size reached US$ 6.0 Billion in 2023. Looking forward, the market is projected to reach US$ 9.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.99% during 2023-2032. The significant growth in the automotive industry, rising expenditure capacities of consumers, and extensive research and development (R&D) activities represent some of the key factors driving the market.
Automotive transceivers are electronic devices that are used in vehicles to enable communication between different components of the vehicle's electrical system. They consist of microcontrollers, transceiver chips, power management units (PCU), and oscillators. They are widely used engine control units, transmission control units, dashboards, multimedia, navigation, telematics, and electric power steering systems. Automotive transceivers are designed to operate in harsh automotive environments, including extreme temperatures, vibration, and electromagnetic interference.
They help to ensure reliable and efficient communication between the various electronic components in the vehicle, helping to provide a safe and comfortable driving experience. As a result, automotive transceivers are widely used in passenger cars and commercial vehicles and offer a range of advantages, such as improved efficiency, safety, comfort, convenience, and performance.
Moreover, the increasing need for cost-effective and reliable electronic components that can improve the efficiency, safety, and comfort of vehicles is acting as another growth including factor. Apart from this, manufacturers are focusing on the development of more advanced and efficient transceivers that can meet the needs of the modern automotive industry, which in turn is propelling the market growth. Additionally, the widespread product adoption in luxury vehicles that include advanced safety features, such as collision avoidance systems and adaptive cruise control features, is providing an impetus to the market growth.
Furthermore, the increasing inclination towards the introduction of miniaturized automotive transceivers that are smaller and more compact, which makes them easier to integrate into modern vehicles, is positively influencing the market growth. Other factors, including rising expenditure capacities of consumers, growing demand for infotainment and multimedia technologies, extensive research and development (R&D) activities, and increasing demand for electric and hybrid vehicles, are anticipated to drive the market growth.
Automotive transceivers are electronic devices that are used in vehicles to enable communication between different components of the vehicle's electrical system. They consist of microcontrollers, transceiver chips, power management units (PCU), and oscillators. They are widely used engine control units, transmission control units, dashboards, multimedia, navigation, telematics, and electric power steering systems. Automotive transceivers are designed to operate in harsh automotive environments, including extreme temperatures, vibration, and electromagnetic interference.
They help to ensure reliable and efficient communication between the various electronic components in the vehicle, helping to provide a safe and comfortable driving experience. As a result, automotive transceivers are widely used in passenger cars and commercial vehicles and offer a range of advantages, such as improved efficiency, safety, comfort, convenience, and performance.
Automotive Transceivers Market Trends
The significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Automotive transceivers are widely used in modern vehicles to enable reliable and efficient communication between electronic components. In line with this, the widespread utilization of automotive transceivers owing to the increasing demand for connected cars is favoring the market growth. Automotive transceivers enable communication with other devices and networks by providing a reliable and efficient means of transmitting data between electronic components in a vehicle.Moreover, the increasing need for cost-effective and reliable electronic components that can improve the efficiency, safety, and comfort of vehicles is acting as another growth including factor. Apart from this, manufacturers are focusing on the development of more advanced and efficient transceivers that can meet the needs of the modern automotive industry, which in turn is propelling the market growth. Additionally, the widespread product adoption in luxury vehicles that include advanced safety features, such as collision avoidance systems and adaptive cruise control features, is providing an impetus to the market growth.
Furthermore, the increasing inclination towards the introduction of miniaturized automotive transceivers that are smaller and more compact, which makes them easier to integrate into modern vehicles, is positively influencing the market growth. Other factors, including rising expenditure capacities of consumers, growing demand for infotainment and multimedia technologies, extensive research and development (R&D) activities, and increasing demand for electric and hybrid vehicles, are anticipated to drive the market growth.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global automotive transceivers market, along with forecasts at the global, regional, and country levels from 2024-2032. The report has categorized the market based on protocol, vehicle type, and application.Protocol Insights:
- CAN
- LIN
- Flexray
- Others
Vehicle Type Insights:
- Passenger Cars
- Commercial Vehicles
Application Insights:
- Body Electronics
- Body Control Module
- HVAC
- Dashboard
- Others
- Infotainment
- Multimedia
- Navigation
- Telematics
- Others
- Powertrain
- Engine Management System
- Auto Transmission
- Chassis and Safety
- Electric Power Steering
- ADAS/Autonomous Driving
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global automotive transceivers market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Analog Devices Inc, Elmos Semiconductor, Melexis (Xtrion N.V.), Microchip Technology Inc, National Instruments Corporation, NXP Semiconductors N.V., Renesas Electronics Corporation, Robert Bosch Gesellschaft mit beschränkter Haftung, Rohm Semiconductor, STMicroelectronics N.V., Texas Instruments Incorporated, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
- How has the global automotive transceivers market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global automotive transceivers market?
- What is the impact of each driver, restraint, and opportunity on the global automotive transceivers market?
- What are the key regional markets?
- Which countries represent the most attractive automotive transceivers market?
- What is the breakup of the market based on the protocol?
- Which is the most attractive protocol in the automotive transceivers market?
- What is the breakup of the market based on the vehicle type?
- Which is the most attractive vehicle type in the automotive transceivers market?
- What is the competitive structure of the global automotive transceivers market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the automotive transceivers market?
- Who are the key players/companies in the global automotive transceivers market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Automotive Transceivers Market
6 Market Breakup by Protocol
7 Market Breakup by Vehicle Type
8 Market Breakup by Application
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Analog Devices Inc
- Elmos Semiconductor
- Melexis (Xtrion N.V.)
- Microchip Technology Inc
- National Instruments Corporation
- NXP Semiconductors N.V.
- Renesas Electronics Corporation
- Robert Bosch Gesellschaft mit beschränkter Haftung
- Rohm Semiconductor
- STMicroelectronics N.V.
- Texas Instruments Incorporated
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 6 Billion |
| Forecasted Market Value ( USD | $ 9.3 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
