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Infotainment & Communication Segment is Estimated to Lead the Automotive Communication Technology Market,

The automotive communication technology market is estimated to be $ 6.78 billion in 2018 and is projected to reach $ 19.99 billion by 2025, at a compound annual growth rate (CAGR) of 16.7% during the forecast period. Increase in government mandates and industry norms to reduce emission and improve the safety of vehicles and rising number of electronic systems in passenger cars are the key drivers for the automotive communication technology market.

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Infotainment & Communication Segment is Estimated to Lead the Automotive Communication Technology Market,

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  1. Automotive Communication Technology Market by Bus Module (LIN, CAN, FlexRay, MOST, and Ethernet), Application (Powertrain, Body Control & Comfort, Infotainment & Communication, and Safety & ADAS), Vehicle Class, and Region - Global Forecast to 2025 www.MarketsandMarkets.com

  2. Ethernet to be the fastest growing market and CAN to hold the largest market during the forecast period The automotive communication technology market for Controller Area Network (CAN) segment is estimated to be the largest during the forecast period. The increase in electronic components in the powertrain and body control & comfort applications is driving the market for CAN in the global automotive communication technology market. Ethernet is estimated to be the fastest growing segment during the forecast period. The increasing installation of connected technologies and safety & ADAS features is driving the growth of Ethernet segment. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=52588447

  3. Luxury vehicle is expected to be the largest segment of automotive communication technology market, by vehicle class, from 2017 to 2025 The luxury vehicle segment is expected to hold the largest share of the automotive communication technology market, by vehicle class. This segment is projected to grow at a significant CAGR and is expected to remain the largest market during the forecast period. The increasing demand for premium vehicles with advanced comfort and safety features is expected to drive the growth of this segment. The automotive communication technology market is dominated by a few globally established players, such as Robert Bosch (Germany), Toshiba (Japan), Broadcom (US), Texas Instruments (US), and NXP (Netherlands). Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=52588447

  4. The global automotive communication technology market is segmented by bus module, application, vehicle class, and region. The report discusses five automotive communication technology bus modules, namely, local interconnect network (LIN), controller area network (CAN), FlexRay, media oriented systems transport (MOST), and ethernet. CAN segment is estimated to account for the largest share of the automotive communication technology market. This segment is driven by factors such as increasing electronic content for applications such as powertrain, body control & comfort, and infotainment & communication. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=52588447

  5. Asia Pacific to hold the largest share of automotive communication technology market in 2025 Asia Pacific is projected to be the largest market for automotive communication technology from 2018 to 2025. The market growth in the region can be attributed to factors such as factory fitted advanced electronics and government initiatives regarding the use of electronics to minimize the emissions from powertrain system and improve the safety applications in the vehicle. Europe is projected to be the second largest market for automotive communication technology from 2018 to 2025. The market growth in Europe can be attributed to the increasing awareness regarding advanced vehicle electronics and convenience inside a vehicle. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=52588447

  6. Market Ecosystem: • The ecosystem of the automotive communication technology market consists of manufacturers, such as Robert Bosch (Germany), Toshiba (Japan), Broadcom (US), Texas Instruments (US), and NXP (Netherlands), and research institutes such as AUTOSAR, OPEN, AEC, and DVSA. • Target Audience • Automobile manufacturers • Automobile organizations/associations • Cloud service providers • Compliance regulatory authorities • Automotive network hardware manufacturers • Government agencies • Information Technology (IT) companies and system integrators • Investors and Venture Capitalists (VCs) • Buy Now: • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=52588447

  7. Browse >> 80market data tables 41figures 144 pagesand in-depth TOC "Automotive Communication Technology Market by Bus Module (LIN, CAN, FlexRay, MOST, and Ethernet), Application (Powertrain, Body Control & Comfort, Infotainment & Communication, and Safety & ADAS), Vehicle Class, and Region - Global Forecast to 2025” Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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