Global Automotive Communication Technology Market Report - Market Size, Share, G

Posted by Ajay on December 22nd, 2020

Global Automotive Communication Technology Market Report - Market Size, Share, Growth, Latest News & Trends, Current Strategies Adopted, Demand & Supply, Industry and Competitors Analysis, Impact of Covid 19 and Forecast 2020-2028.

Study Period: 2020-2028
Base Year: 2019
CAGR% (2020-2028) XX%

Market Overview and Latest Updates:

Automotive Communication Technology Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2028, at a CAGR of XX % during a forecast period. The automotive industry has evolved rapidly over the past decade with the rising usage of Electronic Control Units (ECUs), which have positively influenced the way various automobile subsystems communicate. These automobiles have a large number of sensors, wires, and circuits with enormous dedicated wiring, leading to bulky, complex, and expensive wiring harnesses.

This has led to the adoption of automotive communication technology as they provide higher bandwidth, security, determinism, and fault tolerance capabilities, reducing circuit complexity. The growth in the demand for automotive electronics plays a vital role in the rising demand for automotive communication technology market. The electronic systems assist in meeting the safety regulations such as adaptive cruise control, blind spot detection, and lane chase assist, encouraging manufacturers to incorporate these systems into their vehicles.

All these subsystems are connected to the central gateway through various bus modules including CAN, MOST, and Ethernet, enhancing in-vehicle communication and safety. The powertrain, chassis, safety, infotainment, and body comfort are the major applications that use the automotive communication technology due to which car manufacturers have increased the adoption of in-vehicle electronics, in turn augmenting the automotive communication technology market growth.

Market Dynamics:


  • Rising contribution of electronic systems in passenger cars
  • Government mandates and industry norms to reduce emission and improve the safety of vehicles


  • More complexity and less reliability of electronics architecture
  • Higher cost per node with the increase in communication nodes in a vehicle


  • Emergence of autonomous vehicles
  • Rise in sales of premium vehicles


  • Increase in cybersecurity threats for connected vehicles
  • Maintenance and troubleshooting for vehicle network architecture

Target Audience:

  • Automobile manufacturers
  • Automobile organizations/associations
  • Cloud service providers
  • Compliance regulatory authorities
  • Automotive network hardware manufacturers
  • Government agencies
  • Information Technology (IT) companies and system integrators
  • Investors and Venture Capitalists (VCs)


  • To offer comprehensive analysis of the global market structure in terms of value (USD billion) and volume (billion units) along with forecast for the next 08 years of various segments and sub-segments of the Automotive Communication Technology Market.
  • To offer revelations about factors affecting the market growth.
  • To investigate market dynamics of Automotive Communication Technology Market.
  • To offer historical and forecast revenue of the market segments and sub-segments with respect to six main geographies (North America, South America, Europe, APAC, Africa, and Middle-East) and their countries.
  • To offer regional and country level analysis of the market for current and future growth trends, prospects, and their contribution toward the overall market.
  • To offer strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
  • To track and analyze competitive developments viz. joint ventures, strategic alliances, mergers and acquisitions, new product developments, and R&Ds in the Automotive Communication Technology Market.

GlobalAutomotive Communication Technology Market: Growth Factors:

It is anticipated that the global automotive communication technology market will grow at a rapid rate in the coming years. The major factor that is driving the automotive communication technology market is the growing demand for the automotive systems owing to the increasing government mandates. Another factor that is driving the growth of the automotive communication technology market is the increasing use of the electrical systems in the automobiles. The government has imposed norms and regulations to increase the safety measures in the automobiles and to reduce the emissions. The development of the autonomous vehicles is expected to open up growth opportunities for the market. The reduced reliability and the increased complexity in the electronics architecture are expected to limit the growth of the automotive communication technology market. The complexity in troubleshooting the network architecture in the vehicles and the soaring maintenance cost attributes to pose challenges for the growth of the market.

Fore More information click on :-

Segments covered for the Automotive Communication Technology Market:

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
  • Others

By Vehicle Class:

  • Economy
  • Mid-Size
  • Luxury

By Distribution Channel:

  • OEM
  • Distributors

By Region Analysis:

Asia Pacific dominates the automotive communication technology market with the market revenue anticipated to reach over USD XX billion by 2028. The major factors contributing to the market growth include rapid improvements in communication capabilities, increasing demand for premium cars, rising FDI in the automotive sector, and increased government mandates for reducing CO2 emissions from powertrain systems. China accounts for the largest market revenue in this region with the country witnessing an increase in the car registrations with a corresponding growth in the automotive electronics market in 2017, driving the market growth. North America is projected to grow at the highest rate and is expected to grow at a CAGR of around XX % over the forecast period. Factors such as high standards of living, demand for advanced technologies, and growing government mandates for safe & secure vehicles have led to market growth in this region. The U.S. Environmental Protection Agency (EPA) has established standards for vehicle emissions to improve the air quality.

By Region:

North America

  • United States
  • Canada
  • Mexico

South America

  • Brazil
  • Venezuela
  • Argentina
  • Ecuador
  • Peru
  • Colombia
  • Costa Rica


  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Turkey
  • Denmark
  • Belgium
  • Netherlands
  • Switzerland
  • Rest of Europe


  • Japan
  • China
  • South Korea
  • India
  • Taiwan
  • Hong Kong
  • Australia
  • Singapore
  • Malaysia
  • Indonesia
  • Thailand
  • Philippines
  • Rest of Asia-Pacific

Middle East and Africa

  • South Africa
  • Egypt
  • Saudi Arabia
  • United Arab Emirates
  • Israel
  • Rest of Middle East and Africa

Key Players:

  1. Robert Bosch
  2. NXP Semiconductors
  3. Microchip
  4. Texas Instruments
  5. Broadcom
  6. Renesas
  7. Vector Informatik
  8. Toshiba
  9. Rohm Semiconductors
  10. Qualcomm
  11. Intel
  12. STMicroelectronics
  13. Elmos Semiconductor
  14. Xilinx

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Joined: December 22nd, 2020
Articles Posted: 1