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Global Industry Hub. (Aug, 2024). Automotive Ethernet Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Report ID: GIH 1008 | Aug 2024 | Format:
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Global Industry Hub. (Aug, 2024). Automotive Ethernet Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Automotive Ethernet Market size was valued at US$ 2.95 Bn in 2023, registering a CAGR of 16.2% during the forecast period (2024-2030), and the market is projected to be worth US$ 7.9 Bn by 2030.
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.
Automotive Ethernet Market Scope:
Report Coverage | Details |
---|---|
Base Year | 2023 |
Base Year Value | US$ 2.95 Bn |
Forecast Value | US$ 7.9 Bn |
CAGR | CAGR of 16.2% |
Forecast Period | 2024-2030 |
Historical Data | 2019-2022 |
Largest Market | North America |
Fastest Growing Market | Europe |
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The Automotive Ethernet market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.
Important Features of the Report:
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Component Outlook
Hardware
Software
Services
Bandwidth Outlook
10 Mbps
100 Mbps
1 Gbps
2.5/5/10 Gbps
Vehicle Outlook
Passenger Cars
Commercial Vehicles
Application Outlook
ADAS
Infotainment
Powertrain
Chassis
Others
Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.
In May 2024, Analog Devices, Inc., a semiconductor manufacturing company and the BMW Group, a manufacturer of luxury vehicles and motorcycles, announced an early adoption of Analog Devices, Inc.’s E²B technology, which utilizes 10BASE-T1S ethernet to facilitate edge bus connectivity in the automotive sector. This advancement in automotive ethernet connectivity is crucial for enabling new zonal architectures in vehicle design and supports significant trends such as software-defined vehicles. BMW Group will be among the first original equipment manufacturers (OEMs) to integrate this technology, applying Analog Devices, Inc.’s E²B™ in the development of their ambient lighting systems for future BMW vehicles.
In April 2023, SMK Corporation, a prominent electronic connector manufacturer, developed the smallest ethernet connector, SE-R1, specifically for automotive applications. The SE-R1 connector is designed to handle multiple ethernet lines and connections within a single device. It achieves the industry's smallest width of 8.1mm, while supporting transmission speeds of both 1000BASE-T1 (1 Gbps) and 100BASE-T1 (100 Mbps).
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31 Aug 2024 This Report Contains the Latest Market Numbers, Statistics & Data Aavailable