The Automotive communication technology market is expected to grow at a significant CAGR in the period from 2021 to 2027. In automobiles, the Ethernet protocol allows both Ethernet and IP-based routing. Because automotive Ethernet integrates powerful data transfer, is less costly, and has more flexibility than comparable network technologies, Ethernet-based technologies are important and widely used in a variety of vehicle applications.
The amount of data generated has risen as the overall composition of electrical and semiconductor components has increased, necessitating a quick processing methodology. Hence, the new protocols have such introduced for specialised purposes. FlexRay, for example, is mostly utilised in safety applications, whereas MOST was created particularly for infotainment systems and camera-based ADAS features. The cost of implementation is the next issue for OEMs after creating quick and robust protocols. As a result, automakers are designing and deploying Ethernet for automobiles that have a variable data transition rate. Ethernet is likely to gain traction in the future, just like CAN did previously.
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A full report of Global Automotive communication technology Market is available at: https://www.orionmarketreports.com/automotive-communication-technology-market/59795/
The following Segmentation are covered in this report:
By Bus Module
- Local Interconnect Network (LIN)
- Controller Area Network (CAN)
- FlexRay
- Media-Oriented Systems Transport (MOST)
- Ethernet
By Application
- Powertrain
- Body Control & Comfort
- Infotainment & Communication
- Safety & ADAS
By Vehicle Class
- Economy
- Mid-Size
- Luxury
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive communication technology market.
- The market share of the global Automotive communication technology market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive communication technology market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive communication technology Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)