The global in-vehicle networking market is growing at a significant CAGR of around 6.6% during the forecast period (2020-2026). The market is driven by the rising disposable income, growing demand for advanced safety and comfort, and increase in the use of electronics in vehicles since few years. In addition, the growing demand for autonomous cars and connected cars, and hybrid and electric vehicles is further offering growth to the in-vehicle networking market across the globe. For instance, the government of some of the developed and emerging economies are taking steps towards reducing the CO2 emission in vehicles. For instance, Norway is planning to phase out conventional cars by 2025, followed by France and UK in 2040 and 2050 respectively. Moreover, in October 2017, Germany’s Bundesrat passed a resolution to ban IC engine-based vehicles by 2030. Such initiatives spur the demand for in-vehicle networking in hybrid and electric vehicles. However, the high cost of in-vehicle networking systems and fluctuation in oil prices will affect the market growth during the forecast period.
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The in-vehicle networking market is classified on the basis of connectivity standard and vehicle type. Based on connectivity standard, the market is segmented into ethernet, controller area network (CAN), FlexRay, local interconnect network (LIN), and others. Based on vehicle type, the market is bifurcated into passenger cars and commercial vehicles.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global In-Vehicle Networking Market-Segmentation
By Connectivity Standard
- Ethernet
- Controller Area Network (CAN)
- FlexRay
- Local Interconnect Network (LIN)
- Others (MOST and Radio Frequency (RF))
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
Global In- Vehicle Networking Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global in-vehicle networking market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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