Automotive Ethernet, Global Market Size Forecast, Top 14 Players Rank and Market Share | |
Automotive Ethernet is a high-speed, low-latency network physical layer. Automotive Ethernet is based on established Ethernet standards, adapted for use in vehicles. It uses a single pair of unshielded twisted wires for light weight and low cost. It is designed to enable the transfer of high volumes of data between in-vehicle modules to support modern powertrain, ADAS, infotainment and comfort systems. There are several different Automotive Ethernet standards, including 100BASE-T1, 1000BASE-T1, and 10GBASE-T1, which can transfer data at speeds from 100 Mb/s to 10 Gb/s. According to the new market research report "Global Automotive Ethernet Market Report 2023-2029", published by QYResearch, the global Automotive Ethernet market size is projected to grow from USD 3402 million in 2023 to USD 21062 million by 2029, at a CAGR of 35.5% during the forecast period. This report profiles key players of Automotive Ethernet such as Marvell, Texas Instruments, Broadcom, Infineon Technologies and NXP. In 2022, the global top five Automotive Ethernet players account for 66% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Automotive Ethernet. Market Drivers: Automotive ethernet is a physical network that is used to connect various components in a car using a wired network. Automotive manufacturers are increasingly adopting various advanced car functions such as high-powered entertainment systems, seat heating control, advanced airbags, voice input system, Bluetooth integration, automatic mirrors, navigation systems, smartphone connectivity, driver-responsive performance, etc. All of these automotive applications are increasing the bandwidth requirements and making the software used in cars more complicated. Hence, automotive manufacturers are adding more computer-based systems, connections, and applications. However, it is increasing the cost of cabling, network interfaces, etc. Automotive Ethernet deployment will reduce these costs. Several trends show that major car manufacturers are intending to move to Ethernet for all classes of cars in addition to the luxury class. As in-vehicle electronics become increasingly complex, more and more sensors, controllers, and interfaces have higher and higher requirements for shared real-time data bandwidth. Therefore, traditional in-vehicle networks face huge bandwidth challenges. In order to meet the needs of in-vehicle network speed, reduce costs, and improve network performance, the next generation of automobiles is turning to Ethernet communications. As Ethernet gradually becomes the consensus in the industry, automotive Ethernet has developed rapidly. The market penetration rate of automotive Ethernet is increasing rapidly and is expected to increase to more than 80% of vehicles in the future. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future. | |
Target Nation: All Nations Target City : All Cities Last Update : 29 March 2024 3:15 AM Number of Views: 59 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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