PUBLISHER: TechNavio | PRODUCT CODE: 1681192
PUBLISHER: TechNavio | PRODUCT CODE: 1681192
The automotive communication protocols market is forecasted to grow by USD 758.7 million during 2024-2029, accelerating at a CAGR of 7.9% during the forecast period. The report on the automotive communication protocols market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing electrification in vehicles, rising adoption of ADAS, and government initiatives encouraging use of telematics.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.3% |
CAGR | 7.9% |
Incremental Value | $758.7 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automotive communication protocols market is segmented as below:
By Application
By Type
By Component
By End-user
By Geographical Landscape
This study identifies the use of ethernet to lay backbone network of vehicles as one of the prime reasons driving the automotive communication protocols market growth during the next few years. Also, focus of OEMs on developing autonomous vehicles and adoption of high bandwidth automotive networks will lead to sizable demand in the market.
The report on the automotive communication protocols market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive communication protocols market vendors that include Amphenol Communications Solutions, Analog Devices Inc., Aptiv PLC, Broadcom Inc., Continental AG, Elmos Semiconductor AG, Infineon Technologies AG, Melexis NV, Microchip Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., Robert Bosch GmbH, ROHM Co. Ltd., Softing Automotive Electronics GmbH, Speedgoat GmbH, STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., and Vector Informatik GmbH. Also, the automotive communication protocols market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.