Automotive Ethernet Market Will Generate Record Revenue by 2030

Automotive ethernet market is anticipated to grow at a CAGR of 21.8% during the forecast period. An ethernet network with a physical layer customized for usage in the car industry is known as automotive ethernet. The increase in demand for luxury vehicles will propel the growth prospects for the global automotive ethernet market in the upcoming years. There is a considerable increase in the demand for premium vehicles across the globe, owing to the rapidly growing per capita income of the global population. According to Trading Economics, in 2021, BMW was the leading luxury car brand in the US, recording sales of over 336,600 units. The key competitor of the company is Tesla whose sales were recorded at around 313,400 units in 2021.

However, the complexity of migration from conventional in-vehicle connectivity technologies to ethernet is a significant restraint factor in the ethernet industry. The automotive ethernet market faces obstacles such as interoperability among components and application computability, as well as a proliferation of security threats.

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Automotive Ethernet Market- Segmentation

By Component

  • Hardware
  • Software & Services

By Bandwidth

  • 10 Mbps
  • 100 Mbps
  • 1 Gbps
  • 5/5/10 Gbps
  • Others

By Vehicle Type

  • Passenger Car
  • Commercial Vehicles
  • Others

By Application

  • Chassis
  • Infotainment
  • Powertrain
  • Driver Assistance
  • Body and Comfort
  • Others

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Automotive Ethernet Market- Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles 

  • Aukua Systems
  • Broadcom Inc.
  • Cadence Design Systems, Inc.
  • Keysight Technologies
  • Marvell Semiconductor, Inc.
  • Marvell Technology Group Ltd.
  • Microchip Technology Inc.
  • Molex
  • NXP Semiconductors N. V.
  • Texas Instruments Inc.
  • Vector Informatik GmbH

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