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Automotive Communication Technology Market worth 19.99 billion USD by 2025 The report "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", The automotive communication technology market is estimated to be USD 6.78 billion in 2018 and is projected to reach USD 19.99 billion by 2025, at a compound annual growth rate (CAGR) of 16.7% during the forecast period. Increase in government mandates and industry norms to reduce emission and improve the safety of vehicles and rising number of electronic systems in passenger cars are the key drivers for the automotive communication technology market. Browse 80 market data Tables and 41 Figures spread through 144 Pages and in-depth TOC on "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" https://www.marketsandmarkets.com/Market-Reports/automotive-communication-technologymarket-52588447.html Early buyers will receive 10% customization on reports. Asia Pacific to hold the largest share of automotive communication technology market in 2025 Asia Pacific is projected to be the largest market for automotive communication technology from 2018 to 2025. The market growth in the region can be attributed to factors such as factory fitted advanced electronics and government initiatives regarding the use of electronics to minimize the emissions from powertrain system and improve the safety applications in the vehicle. Europe is projected to be the second largest market for automotive communication technology from 2018 to 2025. The market growth in Europe can be attributed to the increasing awareness regarding advanced vehicle electronics and convenience inside a vehicle. Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownload.asp?id=52588447 Ethernet to be the fastest growing market and CAN to hold the largest market during the forecast period The automotive communication technology market for Controller Area Network (CAN) segment is estimated to be the largest during the forecast period. The increase in electronic components in the powertrain and body control & comfort applications is driving the market for CAN in the global automotive communication technology market. Ethernet is estimated to be the fastest growing segment during the forecast period. The increasing installation of connected technologies and safety & ADAS features is driving the growth of Ethernet segment. Luxury vehicle is expected to be the largest segment of automotive communication technology market, by vehicle class, from 2017 to 2025 The luxury vehicle segment is expected to hold the largest share of the automotive communication technology market, by vehicle class. This segment is projected to grow at a significant CAGR and is expected to remain the largest market during the forecast period. The increasing demand for premium vehicles with advanced comfort and safety features is expected to drive the growth of this segment.


The automotive communication technology market is dominated by a few globally established players, such as Robert Bosch (Germany), Toshiba (Japan), Broadcom (US), Texas Instruments (US), and NXP (Netherlands). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

Automotive Communication Technology Market worth 19.99 billion USD by 2025  

Automotive Communication Technology Market by Bus Module (LIN, CAN, FlexRay, MOST, and Ethernet), Application (Powertrain, Body Control & Co...

Automotive Communication Technology Market worth 19.99 billion USD by 2025  

Automotive Communication Technology Market by Bus Module (LIN, CAN, FlexRay, MOST, and Ethernet), Application (Powertrain, Body Control & Co...

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