The latest report on Automotive Ethernet Market by Infinium Global Research gives complete coverage of the Automotive Ethernet Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Automotive Ethernet such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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The Automotive Industry is Trending to Ethernet for In-Vehicle Networking (IVN) Based on Open IEEE Standards
The automotive industry is trending to Ethernet for in-vehicle networking (IVN) based on open IEEE standards. Automobiles are rapidly developing and including unique levels of comfort and safety. Automotive Ethernet is used as an advanced driver-assistance system. Automotive Ethernet is the use of an Ethernet-based network for connections between in-vehicle electronic systems. Demand is accelerating for deterministic, high-performance bandwidth features and low-cost cabling solutions, pointing to Ethernet-based networks as the solution. In the new era of automotive innovation, Ethernet solutions provide high data rates and design flexibility.
Increasing adoption of the advanced driver-assistance system by the original equipment manufacturers and the rising number of production of vehicles are the driving factors for the growth of the global Automotive Ethernet market. Technological advancement and innovation such as the adoption of connected vehicles and devices in the automotive industry fuel the growth of the global automotive Ethernet market. On the other hand, high implementation cost associated with the in-vehicle system may hamper the growth of the global automotive Ethernet market. Furthermore, the emergence of autonomous and connected vehicles and the emergence of 5G technologies creates an opportunity for the growth of the global automotive Ethernet market.
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Growth of the Automotive Ethernet Industry
Geographically, Asia-Pacific region dominates by the largest market share in the Automotive Ethernet market due to the adoption of advanced technologies such as in-vehicle system and an increasing number of fleets in this region. In Asia-Pacific, China dominates the market followed by Japan and India. Also, Asia Pacific region expected to boost the growth of the Automotive Ethernet market due to the development of autonomous or unmanned vehicles. An increasing number of vehicle sales in China fuels the growth of the Automotive Ethernet market. Europe holds the second position in the global automotive Ethernet market. In Europe, Germany holds the highest market share in the global automotive Ethernet market due to the high production of the number of fleets.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Automotive Ethernet.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.