Automotive Communication Technology Market - Top Companies and Manufacturers

Companies Dominating the Automotive Communication Technology Market

Automotive communication technology market expansion is predicted to witness a lucrative share during the forecast period. The competitive environment is attributed to the tremendous spike in the integration of AI & ML in ECUs globally. More companies are entering this sector owing to the potential growth opportunities. In the forecast period, the automotive communication technology market will observe emerging competitors and a growing demand for automotive communication technology around the world.

Some of the key players include in the automotive communication technology market:

Elektrobit
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Panasonic Holdings Corporation
Rohm Semiconductor
Maxim Integrated
Melexis NV
Xilinx Inc.
Elmos Semiconductor SE
Analog Devices
Vector Informatik GmbH
Intel Corporation

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Automotive Communication Technology Market - Global Forecast Report 2036

In the News

In April 2024, Elektrobit announced their first software product that makes it possible to configure and integrate the next generation of hardware accelerators for intelligent automotive electrical/electronic architectures based on the widely used Classic AUTOSAR standard called EB zoneo Gateway Core.
In September 2023, Panasonic Holdings Corporation announced that the IEEE Standards Association working group had approved its Wavelet OFDM technology as Draft 1.0 of IEEE P1901c. The same modulation and demodulation technique can be applied to wired, wireless, and underwater communication using this next-generation communication standard.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the automotive communication technology market was USD 12.1 billion.

The market size of the automotive communication technology industry is projected to cross USD 82.8 billion by the end of 2036 expanding at a CAGR of 17.3% during the forecast period i.e., between 2024-2036.

The major players in the market are Panasonic Holdings Corporation, Rohm Semiconductor, Maxim Integrated, Melexis NV, Xilinx Inc., Elmos Semiconductor SE, Analog Devices, Vector Informatik GmbH, Intel Corporation, and others.

In terms of application, the safety & ADAS segment is anticipated to garner the largest market share of 35.1% by 2036 and display substantial growth opportunities during 2024-2036.

The market in the Asia Pacific is projected to hold the largest revenue share of 44.9% by the end of 2036 and provide more business opportunities in the future.

Automotive Communication Technology Market - Top Companies and Manufacturers

Companies Dominating the Automotive Communication Technology Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the automotive communication technology market?

What is the outlook for the automotive communication technology market?

Who are the major players dominating the automotive communication technology market?

Which application segment will capture the significant market share for automotive communication technology by 2036?

Which region will provide more business opportunities for the growth of the automotive communication technology market in the future?