Automotive ethernet market is growing owing to high adoption of new and innovative technologies in vehicles across the globe. Vehicles are now integrated with high-tech devices that provide a platform for in-vehicle communication. Ethernet technology offers higher bandwidth, scalability, speed, and low latency to consumers. It provides various features and functionalities to the vehicle system and infotainment to work smoothly. The rising demand for higher bandwidth, increase in deployment of ADAS and infotainment systems in the vehicle are expected to drive the growth of the global automotive Ethernet market. Moreover, increasing vehicle production backed by a growing demand for passenger safety and convenience are the other factors responsible for the growth of the market.
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The global automotive Ethernet industry is highly competitive and diversified owing to the presence of a large number of vendors across the globe. Development of next-generation automotive Ethernet is the key focus of market players to expand their geographical reach and to expand their market share. Manufacturers are adopting Mergers and acquisitions, partnerships and collaborations, product launch in order to expand their revenue by capture more customers.
Few recent examples of strategic initiatives taken by companies-
- In May 2019, Marvell acquired Aquntia to expand its position in the Multi-Gig 2.5G/5G/10G Ethernet segments. These acquisitions will speed-up Marvell’s performance of the in-car network to high-speed Ethernet over the next decade.
- In March 2019, Broadcom launched BCM8956X, a family of automotive multilayer Ethernet switches. This product of the company will enable the company to address the rising need for bandwidth, security, and Time-Sensitive Networking (TSN). In addition, the product is IEEE compliant for 100 BASE-T1 PHY. Broadcom would enable automobile OEMs and Tier1 suppliers to advance into gigabit Ethernet systems.
- In January 2019, Molex collaborated with ALLGo, automotive software provider for media and connectivity solutions. This collaboration will facilitate Molex to deliver versatile infotainment and connectivity solution for automotive OEMs.
- In November 2018, Microchip announced in-vehicle networking solution dubbed as “Intelligent Network Interface Controller networking (INICnet) that simplifies infotainment system that works over Ethernet. This technology would be instrumental for automotive OEMs to design customer-oriented in-vehicle entertainment solutions.
- In September 2018, NXP Semiconductor had acquired OmniPHY, an automotive Ethernet sub-solution provider. This acquisition has enabled the company to accelerate its growth in in-vehicle networks. OmniPHY was one of the innovative vendors in the automotive Ethernet market.
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