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 over 18.8% CAGR till 2036. 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:

Application	Safety & ADAS Powertrain Infotainment & Communication Body Control & Comfort
Bus Module	Ethernet Controller Area Network (CAN) Local Interconnect Network (LIN) Media-Oriented Systems Transport (MOST) FlexRay
Vehicle Class	Luxury Mid-Size Economy

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 Analysis