Automotive Communication Technology market

Automotive Communication Technology Market, Global Outlook and Forecast 2024-2030

  • 20 September 2024
  • ICT & Media
  • 151 Pages
  • Report code : PMR-7882092

  • 4.7 (158)

Automotive Communication Technology Market

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The global Automotive Communication Technology market was valued at US$ 5927.8 million in 2024 and is projected to reach US$ 12750 million by 2030, at a CAGR of 11.2% during the forecast period.

This research report provides a comprehensive analysis of the Automotive Communication Technology market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Automotive Communication Technology market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Automotive Communication Technology, challenges faced by the industry, and potential opportunities for market players.

The global Automotive Communication Technology market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Automotive Communication Technology market presents opportunities for various stakeholders, including Economy Vehicle, Mid-Size Vehicle. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Automotive Communication Technology market. Additionally, the growing consumer demand present avenues for market expansion.

The Automotive Communication Technology Market is a rapidly growing sector driven by the increasing complexity of modern vehicles and the rising demand for in-vehicle connectivity. This technology involves a network of communication protocols, hardware, and software systems that enable various vehicle components and systems to communicate with each other and with external infrastructure. It plays a critical role in ensuring efficient operation, safety, and enhanced user experiences in vehicles.

Key Segments of Automotive Communication Technology:

  • CAN (Controller Area Network): CAN is one of the most widely used communication protocols in vehicles, designed to allow microcontrollers and devices to communicate without a host computer. It is used for real-time communication between different electronic control units (ECUs) like engine, transmission, and braking systems.

  • LIN (Local Interconnect Network): LIN is a cost-effective communication protocol designed for lower bandwidth and simpler vehicle functions, such as window operation, seat positioning, and climate control. It complements CAN by handling less critical applications.

  • Ethernet: Automotive Ethernet is becoming increasingly important as vehicles evolve into more connected and autonomous systems. It offers high-speed data transmission for advanced driver-assistance systems (ADAS), infotainment, and autonomous driving functions.

  • FlexRay: FlexRay is a high-speed protocol designed for safety-critical applications. It is often used in systems like braking and steering, where fail-safe operation and redundancy are crucial.

  • MOST (Media Oriented Systems Transport): MOST is used primarily for in-car entertainment systems, connecting multimedia devices such as displays, speakers, and control units with high data rates for seamless performance.

  • Automotive Ethernet: This high-speed protocol is gaining traction with the rise of ADAS and autonomous driving, as it supports real-time, high-volume data transfer needed for sensor fusion, radar, and camera systems.

Market Growth Drivers:

  • Increased Adoption of Connected Cars: The growing number of connected and autonomous vehicles is a significant driver for the automotive communication technology market. Features like real-time navigation, telematics, vehicle-to-everything (V2X) communication, and infotainment systems require robust in-vehicle communication networks.

  • Rising Focus on Vehicle Safety: Regulations mandating safety features like ADAS, lane-keeping assistance, and automatic emergency braking are pushing the demand for advanced communication systems within vehicles.

  • Electrification of Vehicles: As electric vehicles (EVs) become more prevalent, automotive communication technologies are critical to manage the integration of electric powertrains, battery management systems, and smart charging technologies.

  • ADAS and Autonomous Driving: Advanced driver assistance systems (ADAS) and the push towards autonomous driving require faster, more reliable, and high-bandwidth communication technologies like Ethernet and FlexRay.

  • Complexity in Integration: As vehicles become more interconnected, ensuring seamless integration between multiple communication protocols and electronic systems presents a challenge.

  • Cybersecurity Concerns: With increased connectivity, vehicles are more vulnerable to cyberattacks, making security of communication systems a priority.

  • High Costs: Implementing high-speed communication technologies, especially for electric and autonomous vehicles, can increase production costs for automakers, affecting affordability.

  • 5G and V2X Communication: The adoption of 5G networks will revolutionize vehicle-to-everything (V2X) communication, enabling faster and more reliable data transmission between vehicles and infrastructure.

  • Software-Defined Vehicles: The rise of software-defined vehicles will necessitate even more advanced communication networks to support over-the-air updates and continuous integration of new features.

  • Autonomous and Electric Vehicles: The growth of autonomous driving and electric vehicles will significantly expand the demand for high-bandwidth, low-latency communication technologies.

​The automotive communication technology market is pivotal to the future of connected, autonomous, and electric vehicles. With increasing safety regulations, the need for advanced driver assistance systems, and the rise of vehicle electrification, the market is poised for significant growth.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole.

In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%.

The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

Key Features:

The research report on the Automotive Communication Technology market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.

Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Automotive Communication Technology market.

Market Overview: The report provides a comprehensive overview of the Automotive Communication Technology market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Local Interconnect Network(LIN), Controller Area Network(CAN)), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.

Market Dynamics: The report analyses the market dynamics driving the growth and development of the Automotive Communication Technology market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Automotive Communication Technology market's trajectory.

Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Automotive Communication Technology market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.

Market Segmentation and Forecast: The report segment the Automotive Communication Technology market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.

Technological Trends: The report should highlight the key technological trends shaping the Automotive Communication Technology market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.

Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Automotive Communication Technology market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.

Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Automotive Communication Technology, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.

Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Automotive Communication Technology market.

Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.

Market Segmentation

Automotive Communication Technology market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type

  • Local Interconnect Network(LIN)
  • Controller Area Network(CAN)
  • FlexRay
  • Media-Oriented Systems Transport(MOST)
  • Ethernet
Market segment by Application
  • Economy Vehicle
  • Mid-Size Vehicle
  • Luxury Vehicle
Global Automotive Communication Technology Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Major players covered
  • Robert Bosch
  • Toshiba
  • Broadcom
  • Texas Instruments
  • NXP
  • STMicroelectronics
  • Infineon
  • Renesas
  • ON Semiconductor
  • Microchip
  • Continental
  • Cypress Semiconductor
  • Rohm Semiconductor
  • Xilinx
  • Melexis
  • Elmos Semiconductor
  • Vector Informatik
  • Intel
  • Maxim Integrated
  • Qualcomm
  • Including or Excluding key companies relevant to your analysis.

Outline of Major Chapters:

Chapter 1: Introduces the definition of Automotive Communication Technology, market overview.

Chapter 2: Global Automotive Communication Technology market size in revenue.

Chapter 3: Detailed analysis of Automotive Communication Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Automotive Communication Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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