Quick Summary:
In an increasingly interconnected world, the Global Automotive Communication Technology Market is emerging as a dynamic and promising field. Steadily growing, it presents significant opportunities for businesses to capitalize on. Our comprehensive market research report offers detailed insights into this lucrative area, estimated to reach a substantial US$25.4 Billion by 2030.
Our meticulously compiled report provides key data, expert analysis, and reliable projections that equip senior executives to take judicious and informed decisions. This includes analyzing the growth of Controller Area Network (CAN) segment and the Local Interconnect Network (LIN) segment. The report also contains competitive analysis featuring top industry players, helping the reader understand the business landscape. A special feature of our offering is the emphasis on global market presence, providing a truly holistic perspective. Invest in our research report and empower your strategic decision-making with invaluable market intelligence.
Global Automotive Communication Technology Market to Reach $25.4 Billion by 2030
The global market for Automotive Communication Technology estimated at US$8.2 Billion in the year 2022, is projected to reach a revised size of US$25.4 Billion by 2030, growing at a CAGR of 15.2% over the analysis period 2022-2030. Controller Area Network (CAN), one of the segments analyzed in the report, is projected to record a 14.7% CAGR and reach US$10.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Local Interconnect Network (LIN) segment is readjusted to a revised 15% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 14.2% CAGR
The Automotive Communication Technology market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 14.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.8% and 13.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR.Select Competitors (Total 46 Featured) -
- Broadcom Ltd.
- Continental AG
- Cypress Semiconductor Corporation
- Elmos Semiconductor AG
- Infineon Technologies AG
- Intel Corporation
- Maxim Integrated Products, Inc.
- Melexis NV
- Microchip Technology, Inc.
- NXP Semiconductors NV
- ON Semiconductor Corporation
- Qualcomm, Inc.
- Renesas Electronics Corporation
- Robert Bosch GmbH
- Rohm Semiconductors
- STMicroelectronics
- Texas Instruments, Inc.
- Toshiba Corporation
- Vector Informatik GmbH
- Xilinx Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Communication Technology?
What is the growth rate of the Global Market for Automotive Communication Technology?
What is the forecasted size of the Global Market for Automotive Communication Technology?
Who are the key companies in the Global Market for Automotive Communication Technology?
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | October 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 8.2 Billion |
Forecasted Market Value ( USD | $ 25.4 Billion |
Compound Annual Growth Rate | 15.2% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Broadcom Ltd.
- Continental AG
- Cypress Semiconductor Corporation
- Elmos Semiconductor AG
- Infineon Technologies AG
- Intel Corporation
- Maxim Integrated Products, Inc.
- Melexis NV
- Microchip Technology, Inc.
- NXP Semiconductors NV
- ON Semiconductor Corporation
- Qualcomm, Inc.
- Renesas Electronics Corporation
- Robert Bosch GmbH
- Rohm Semiconductors
- STMicroelectronics
- Texas Instruments, Inc.
- Toshiba Corporation
- Vector Informatik GmbH
- Xilinx Inc.