Next Generation In-Vehicle Networking Market by Connectivity, Vehicle Type, Application

Description

List of Tables

The Next Generation In-Vehicle Networking Market was valued at USD 2.78 billion in 2023, expected to reach USD 3.09 billion in 2024, and is projected to grow at a CAGR of 11.47%, to USD 5.94 billion by 2030.

The Next Generation In-Vehicle Networking (NGIVN) market is redefined by the shift towards more sophisticated, high-speed, and all-encompassing vehicle connectivity solutions, offering seamless communication between vehicle components, external networks, and IoT devices. This evolution is driven by the necessity to support autonomous driving, advanced driver-assistance systems, and enhanced infotainment options, making reliable, high-data-rate, and low-latency communication systems crucial in modern vehicles. End-use sectors include passenger vehicles, commercial vehicles, and off-highway vehicles, with applications in safety & security, data storage improvement, navigation, and fleet management. Key growth factors encompass the rising consumer demand for smart and connected vehicles, the proliferation of electronic component integration in vehicles, and regulatory pushes for vehicular safety improvements. Potential opportunities lie in the development of robust cybersecurity frameworks for automotive networks, expansion in emerging markets where vehicle ownership is on the rise, and innovative applications like Vehicle-to-Everything (V2X) communications. However, challenges like the high costs of deployment and installation, standardization issues, and vulnerabilities in network security pose constraints to market growth. Innovations should focus on enhancing the efficiency and reliability of in-vehicle Ethernet-based networks, the integration of AI for predictive maintenance, and developing cost-effective solutions for electric vehicle communication needs. Businesses can leverage ongoing research into wireless network technologies, like 5G and beyond, to improve in-vehicle user experiences. The NGIVN market is dynamic, characterized by rapid technological advancements and competitive pressures, necessitating agility and constant innovation to maintain market leadership. Collaboration among OEMs, software developers, and technology providers will be essential to address these challenges and seize the opportunities presented in this evolving landscape.

KEY MARKET STATISTICS
Base Year [2023]	USD 2.78 billion
Estimated Year [2024]	USD 3.09 billion
Forecast Year [2030]	USD 5.94 billion
CAGR (%)	11.47%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Next Generation In-Vehicle Networking Market

The Next Generation In-Vehicle Networking Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Rising Production and Demand of Vehicle Across the Globe
- Increasing Customer Pull Towards Advanced Safety, Convenience, and Comfort Systems
- Rising Concern Towards Reducing CO2 Emission in Vehicles
Market Restraints
- Pricing Pressure from Low-End Cars in Emerging Markets
Market Opportunities
- Increasing Demand for Hybrid and Electrical Vehicles
- Attractive Market Prospects for the Emergence of Autonomous and Connected Cars
- Increasing Demand for Mobility and Connectivity in Consumer Electronics and Testing Service
Market Challenges
- Miniaturization of Vehicle Networking Components
- Volatility of Oil Prices Discourages Market Potential

Porter's Five Forces: A Strategic Tool for Navigating the Next Generation In-Vehicle Networking Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Next Generation In-Vehicle Networking Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Next Generation In-Vehicle Networking Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Next Generation In-Vehicle Networking Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Next Generation In-Vehicle Networking Market

A detailed market share analysis in the Next Generation In-Vehicle Networking Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Next Generation In-Vehicle Networking Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Next Generation In-Vehicle Networking Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Next Generation In-Vehicle Networking Market

A strategic analysis of the Next Generation In-Vehicle Networking Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Next Generation In-Vehicle Networking Market, highlighting leading vendors and their innovative profiles. These include ACOME, Aisin Corporation, Analog Devices, Inc., Astera Labs, Inc., Broadcom Inc., Capgemini SE, Daimler AG, Elmos Semiconductor SE, Harman International Industries, Incorporated, Hyundai Motor Company, Infineon Technologies AG, Keysight Technologies, Melexis NV, Microchip Technology Inc., NXP Semiconductors N.V., Renault Group, Renesas Electronics Corporation, Robert Bosch GmbH, STMicroelectronics N.V., Tektronix, Inc., Texas Instruments Incorporated, Visteon Corporation, Wurth Elektronik GmbH & Co. KG, Xilinx, Inc., and Yazaki Corporation.

Market Segmentation & Coverage

This research report categorizes the Next Generation In-Vehicle Networking Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Connectivity, market is studied across Controller Area Network, Ethernet, Flexray, Local Interconnect Network, Media Oriented Systems Transport, and Radio-Frequency.
Based on Vehicle Type, market is studied across Automated Guided Vehicles (AGV), Heavy Commercial Vehicles (HCVS), Light Commercial Vehicles (LCVS), and Passenger Cars.
Based on Application, market is studied across Body Electronics, Chassis, Infotainment, Powertrain, and Safety.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-4312A385A445

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising Production and Demand of Vehicle Across the Globe
  - 5.1.1.2. Increasing Customer Pull Towards Advanced Safety, Convenience, and Comfort Systems
  - 5.1.1.3. Rising Concern Towards Reducing CO2 Emission in Vehicles
- 5.1.2. Restraints
  - 5.1.2.1. Pricing Pressure from Low-End Cars in Emerging Markets
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing Demand for Hybrid and Electrical Vehicles
  - 5.1.3.2. Attractive Market Prospects for the Emergence of Autonomous and Connected Cars
  - 5.1.3.3. Increasing Demand for Mobility and Connectivity in Consumer Electronics and Testing Service
- 5.1.4. Challenges
  - 5.1.4.1. Miniaturization of Vehicle Networking Components
  - 5.1.4.2. Volatility of Oil Prices Discourages Market Potential
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Next Generation In-Vehicle Networking Market, by Connectivity

6.1. Introduction
6.2. Controller Area Network
6.3. Ethernet
6.4. Flexray
6.5. Local Interconnect Network
6.6. Media Oriented Systems Transport
6.7. Radio-Frequency

7. Next Generation In-Vehicle Networking Market, by Vehicle Type

7.1. Introduction
7.2. Automated Guided Vehicles (AGV)
7.3. Heavy Commercial Vehicles (HCVS)
7.4. Light Commercial Vehicles (LCVS)
7.5. Passenger Cars

8. Next Generation In-Vehicle Networking Market, by Application

8.1. Introduction
8.2. Body Electronics
8.3. Chassis
8.4. Infotainment
8.5. Powertrain
8.6. Safety

9. Americas Next Generation In-Vehicle Networking Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Next Generation In-Vehicle Networking Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Next Generation In-Vehicle Networking Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. ACOME
2. Aisin Corporation
3. Analog Devices, Inc.
4. Astera Labs, Inc.
5. Broadcom Inc.
6. Capgemini SE
7. Daimler AG
8. Elmos Semiconductor SE
9. Harman International Industries, Incorporated
10. Hyundai Motor Company
11. Infineon Technologies AG
12. Keysight Technologies
13. Melexis NV
14. Microchip Technology Inc.
15. NXP Semiconductors N.V.
16. Renault Group
17. Renesas Electronics Corporation
18. Robert Bosch GmbH
19. STMicroelectronics N.V.
20. Tektronix, Inc.
21. Texas Instruments Incorporated
22. Visteon Corporation
23. Wurth Elektronik GmbH & Co. KG
24. Xilinx, Inc.
25. Yazaki Corporation