Global Automotive Ethernet Market – Opportunities & Forecast, 2019-2026

Press Release : April 16, 2020
Global Automotive Ethernet Market – Opportunities & Forecast, 2019-2026

Automotive Ethernet is a physical network and is used to connect components within a car using a wired network. It is designed to meet the needs of the automotive market, including meeting electrical requirements such as EMI/RFI emissions and susceptibility, bandwidth requirements, latency requirements, synchronisation and network management requirements. IEEE 802.3 and 802.1 groups where multiple new specifications are listed and revisions to existing specifications are done to meet automotive requirements.

Due to technological advancements, the cost of procuring and implementation of ethernet is reduced because, using of ethernet reduces the cable weight and it will also make it possible to more easily personalize all cars. For example, with the help of ethernet, auto horns can be personalized like ringtones. Also, with increasing disposable income of the population there is a rise in demand for luxury vehicles, which is making the car manufacturers to switch towards automotive ethernet as it reduces cost, improves features and increases their profit. These are the driving factors which tend to grow the market of automotive ethernet. The trends in global automotive ethernet market includes developing technology to achieve autonomous and connectivity. For example, BMW and Hyundai are partners with Broadcom in developing new electronics. However, cybersecurity challenges can impend the market growth of global Automotive ethernet.

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Various notable players operating in the market, include NXP Semiconductors N.V., Broadcom, Marvell Technology Group, Microchip Technology Inc., Vector Informatik GmbH, Dryv.io, System-on-Chip Engineering S.L. (SoC-E), Molex, LLC, AllGo Embedded Systems Pvt. Ltd, DASAN Networks and NEXCOM International Co., Ltd.

The global automotive ethernet market has been segmented based on Speed, Application and key geographies. Based on Speed, the market comprises 10MBPS, 100MBPS, 1000MBPS and Others. Based on Application, the market comprises of Advanced Driver assistance system (ADAS), Cameras, Diagnostics, Infotainment and Others. The research report “Automotive Ethernet market” provides in-depth analysis of global automotive ethernet market based on Speed, Application and major geographies for the forecast period from 2019 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global automotive ethernet market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2019 The competitive landscape section of the report captures and highlights the recent developments in the market.

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Key questions answered in this research report:

1-    At what pace is global automotive ethernet market growing? What will be growth trend in future?

2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?

3-    What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global automotive ethernet market?

4-    What are the various application areas and how they are poised to grow?

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