Automotive Communication Technology Market Analysis

Application (Safety & ADAS, Powertrain, Infotainment & Communication, Body Control & Comfort)

The safety & ADAS segment in the automotive communication technology market is poised to capture a share of 35.1% in the coming years, impacting the landscape of automotive communication technology landscape. Significant growth in the revenue share is anticipated as a result of the ability to have real-time communication between the control units, components, and sensors. This enhances road safety along with the comfort of passengers. Furthermore, the U.S. government has also mandated several safety norms attributed to the fact that There were 36,096 car accidents in the U.S. alone in 2019, accounting for 6.7 million car accidents, as stated by the World Economic Forum in 2021. This has improved ADAS functionalities and safety by offering various features including adaptive cruise control, lane departure, and collision detection and avoidance.

Bus Module (Ethernet, Controller Area Network (CAN), Local Interconnect Network (LIN), Media-Oriented Systems Transport (MOST), FlexRay)

Ethernet segment in the automotive communication technology market is poised to exhibit lucrative CAGR till 2037. This growth is credited to scalable communication, high-speed transfer of data, and several other advantages it offers. Furthermore, ethernet ports have an average data transmission speed of 100 Mbps, significantly faster than other communication ports. Current automotive technologies require high data transmission speeds, including advanced engine control systems, adaptive cruise control, smart parking systems, and advanced driver assistance systems. According to researchers' estimates in Research Nester in 2021, more than 400 million ethernet ports in automotive were being used. This data is projected to gain an 80% growth rate by 2025.

Our in-depth analysis of the automotive communication technology market includes the following segments: