Automotive ethernet market is growing owing to high adoption of new and innovative technologies in vehicles across the globe. Vehicles are now integrated with high-tech devices that provide a platform for in-vehicle communication. Ethernet technology offers higher bandwidth, scalability, speed, and low latency to consumers. It provides various features and functionalities to the vehicle system and infotainment to work smoothly. The rising demand for higher bandwidth, increase in deployment of ADAS and infotainment systems in the vehicle are expected to drive the growth of the global automotive Ethernet market. Moreover, increasing vehicle production backed by a growing demand for passenger safety and convenience are the other factors responsible for the growth of the market.
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The global automotive Ethernet industry is highly competitive and diversified owing to the presence of a large number of vendors across the globe. Development of next-generation automotive Ethernet is the key focus of market players to expand their geographical reach and to expand their market share. Manufacturers are adopting Mergers and acquisitions, partnerships and collaborations, product launch in order to expand their revenue by capture more customers.
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Automotive Ethernet Market- Segmentation
Market Segmentation
Automotive Ethernet Market by Component
- Hardware
- Software and Services
Automotive Ethernet market by Vehicle Type
- Passenger Cars
- Commercial Vehicles
- 2.3. Farming & Off-Highway Vehicles
Automotive Ethernet Market- Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
COMPANY PROFILES
- ACTIA Group
- Broadcom, Inc.
- Cadence Design Systems, Inc.
- DASAN Networks, Inc.
- io
- Excelfore Corp.
- Infineon Technologies AG
- Keysight Technologies, Inc.
- Marvell International, Ltd.
- Microchip Technology, Inc.
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