DUBLIN--(BUSINESS WIRE)--The "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" report has been added to ResearchAndMarkets.com's offering.
The global automotive communication technology market is projected to grow at a CAGR of 16.7% during the forecast period, from USD 6.78 billion in 2018 to USD 19.99 billion by 2025.
Increasing demand for automotive safety systems supported by government mandates and increasing number of electrical systems in the vehicle are driving the growth of the automotive communication technology market. However, increasing complexity and less reliability of electronics architecture can restrain the growth of the automotive communication technology market. The emergence of autonomous vehicles is expected to create opportunities for the automotive communication technology market in the coming years.
The automotive communication technology market for Ethernet is projected to grow at the highest CAGR during the forecast period. It is followed by FlexRay, local interconnect network (LIN), controller area network (CAN), and media oriented systems transport (MOST). The growth of Ethernet segment is driven by the increasing number of nodes in various applications.
The Asia Pacific region is estimated to hold the largest share of the global automotive communication technology market in 2018. Government mandates regarding the installation of advanced safety technologies and increasing awareness of green vehicles among people are expected to drive the growth of the automotive communication technology market in the Asia Pacific region.
- Robert Bosch
- On Semiconductor
- Maxim Integrated
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Communication Technology Market, By Bus Module
7 Automotive Communication Technology Market, By Application
8 Automotive Communication Technology Market, By Vehicle Class
9 Automotive Communication Technology Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/h2zwqn/global_automotive?w=4