Press release
Automotive Communication Technology Market is poised to grow strong during the forecast period 2018 to 2025
Automotive Communication Technology Market
Global Automotive Communication Technology Market valued approximately USD 5.8 billion in 2017 is anticipated tgrow with a healthy growth rate of more than 16.5% over the forecast period 2018-2025. Increasing adoption of electronic devices in vehicles for IP-based routings in vehicles, data transmissions and others are driving the global automotive communication technology market growth over the forecast period across the globe. Some of the major drivers that are fueling the market growth are growing number of electronic systems in cars, government mandates followed by industry norms for reducing carbon emission and improving vehicle safety. Additionally, increasing sales of premium vehicles is expected driving the adoption of automotive communication technology.
On the basis of segmentation, the Automotive Communication Technology market is segmented intbus model, application and vehicle class. Bus module is further segmented not LIN, CAN, FlexRay, MOST, and ethernet, application segment is divided intpowertrain, body control & comfort, infotainment & communication, and safety & ADAS and vehicle class segment is further categorized inteconomy, mid-size and luxury. CAN segment is estimated tbe the dominating segment in automotive communication technology market owing tincreasing electronic content for applications including body control, powertrain, comfort, and infotainment & communication.
The regional analysis of Global Automotive Communication Technology Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the dominating region across the world in terms of market share region over the forecast period 2018-2025. Owing tthe countries such as China, Japan, and India and the emerging automotive markets in these regions.
Access Full Report with TOC @ https://www.planetmarketreports.com/reports/global-automotive-communication-technology-market-forecast-to-2025
The leading market players mainly include-
Robert Bosch
• Toshiba
• Broadcom
• Texas Instruments
• NXP
• Stmicroelectronics
• Infineon
• Renesas
• on Semiconductor
• Microchip
• Continental
• Cypress Semiconductor
• Rohm Semiconductor
• Xilinx
• Melexis
• Elmos Semiconductor
• Vector Informatik
• Intel
• Maxim Integrated
• Qualcomm
The objective of the study is tdefine market sizes of different segments & countries in recent years and tforecast the values tthe coming eight years. The report is designed tincorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report alscaters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall alsincorporate available opportunities in micrmarkets for stakeholders tinvest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
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 Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 t2025
Target Audience of the Global Automotive Communication Technology Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
Customizations available
With the given market data, Planet Market Reports offers customizations according to specific needs. Write to us at sales@planetmarketreports.com
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We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.
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Email-Id: sales@planetmarketreports.com
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