United States Automotive Ethernet Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware, Software, and Services), By Vehicle (Passenger Cars and Commercial Vehicles), and US Automotive Ethernet Market Insights, Industry Trend, Forecasts to 2033.
Industry: Automotive & TransportationUnited States Automotive Ethernet Market Insights Forecasts to 2033
- The Market Size is Growing at a CAGR of 16.8% from 2023 to 2033
- The U.S. Automotive Ethernet Market Size is Expected to Hold a Significant Share by 2033
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The U.S. Automotive Ethernet Market Size is Anticipated to Hold a Significant Share by 2033, Growing at a CAGR of 16.8% from 2023 to 2033.
Market Overview
Automotive ethernet is a form of communication technology utilized in vehicles to facilitate quick, dependable data transmission among different electronic components and systems. The market's expansion is due to the rising usage of automotive ethernet technology because of its advantages like high bandwidth, reliability, scalability, cost efficiency, integration with IP-based systems, and support for time-sensitive networking. Furthermore, the increasing popularity of connected cars and the growing consumer preference for in-vehicle infotainment systems are also anticipated to boost the market's expansion. The need for faster data transfer speeds in cars is pushing the acceptance of advanced ethernet standards like 10BASE-T1S and 100BASE-T1. These criteria enable faster speeds of 1 Gbps and 10 Gbps, necessary for managing the growing data volumes from high-definition cameras, infotainment systems, and other bandwidth-intensive applications. The implementation of these faster Ethernet standards is allowing for the advancement of vehicle systems and enhancing the efficiency and agility of in-car networks. Therefore, as cars become more connected and data-heavy, it is crucial to adopt advanced ethernet technologies to keep up with the increasing needs of contemporary automotive applications.
Report Coverage
This research report categorizes the market for the US automotive ethernet market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States automotive ethernet market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.S. automotive ethernet market.
United States Automotive Ethernet Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 16.8% |
Historical Data for: | 2019-2022 |
No. of Pages: | 264 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Component, By Vehicle |
Companies covered:: | Broadcom Inc., Marvell, Microchip Technology Inc, NXP Semiconductors, Texas Instruments Incorporated, Cadence Design Systems, Inc, TE Connectivity, Infineon Technologies AG, Toshiba Electronic Devices & Storage Corporation, Intrepid Control Systems, and Others |
Pitfalls & Challenges: | Covid 19 Impact Challanges, Future, Growth and Analysis |
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Driving Factors
With the increased adoption of 5G and Vehicle-to-Everything (V2X) communication, automotive ethernet is expected to play a crucial role in enabling immediate data sharing. This boosts safety, enhances traffic control, and backs various connected vehicle services. Moreover, V2X allows for vehicles to interact with each other, infrastructure, pedestrians, and networks, improving safety and traffic control. Automotive ethernet is crucial for V2X systems, as it offers the required bandwidth and reliability for real-time communications, therefore driving the market's expansion.
Restraining Factors
The rise in cyber security attacks is blocking the growth of the automotive ethernet market. Moreover, the restrictions on producers and the declared halt in industrial activities are significantly affecting the size of the automotive ethernet market.
Market Segmentation
The US automotive ethernet market share is classified into component and vehicle.
- The hardware segment is expected to hold a significant market share through the forecast period.
The United States automotive ethernet market is segmented by components into hardware, software, and services. Among these, the hardware segment is expected to hold a significant market share through the forecast period. The hardware category consists of items like ethernet switches, connectors, cables, and ICs. These elements are necessary for effectively overseeing and aiding in the smooth transfer of data within vehicles. Technological advancements like small, efficient connectors and high-speed transceivers are facilitating advanced vehicle designs, which in turn are enhancing the development of advanced driver-assistance systems (ADAS), entertainment systems, and real-time data processing, leading to the expansion of the sector.
- The passenger cars segment is expected to dominate the US automotive ethernet market during the projected period.
Based on the vehicle, the United States automotive ethernet market is divided into passenger cars and commercial vehicles. Among these, the passenger cars segment is expected to dominate the US automotive ethernet market during the projected period. The main reason for the growth of this sector is the rising need for advanced connectivity and entertainment features in cars. As cars become more interconnected, auto manufacturers are incorporating ethernet for faster data transfer to support features like ADAS, high-quality infotainment systems, and real-time diagnostics.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States automotive ethernet market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Broadcom Inc.
- Marvell
- Microchip Technology Inc
- NXP Semiconductors
- Texas Instruments Incorporated
- Cadence Design Systems, Inc
- TE Connectivity
- Infineon Technologies AG
- Toshiba Electronic Devices & Storage Corporation
- Intrepid Control Systems
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2024, Analog Devices, Inc., a company that makes semiconductors, and the BMW Group, a maker of luxury vehicles and motorcycles, revealed their early adoption of Analog Devices, Inc.'s E²B technology, which uses 10BASE-T1S ethernet for connecting edge buses in the automotive industry. This progress in automotive ethernet connectivity is essential in facilitating new zonal architectures in vehicle design and backing important developments like software-defined vehicles. BMW Group be one of the initial original equipment manufacturers (OEMs) to incorporate Analog Devices, Inc.'s E²B™ technology into the ambient lighting systems for upcoming BMW vehicles.
Market Segment
This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Automotive Ethernet Market based on the below-mentioned segments:
United States Automotive Ethernet Market, By Component
- Hardware
- Software
- Services
United States Automotive Ethernet Market, By Vehicle
- Passenger Cars
- Commercial Vehicles
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