Global Automotive Data Cables Market

Global Automotive Data Cables Market Size, Share, Growth Analysis, By Cable type(Controller Area Network [CAN], Low Voltage Differential Signaling (LVDS)/High Speed Data (HSD)), By Vehicle type(Passenger Vehicles, Commercial Vehicles), By Application(Safety and ADAS, Body Control and Comfort) - Industry Forecast 2023-2030


Report ID: SQMIG25A2167 | Region: Global | Published Date: February, 2024 | Pages: 157 | Tables: 93 | Figures: 68

Global Automotive Data Cables Market Insights

Global Automotive Data Cables Market size was valued at USD 7 billion in 2021 and is poised to grow from USD 7.82 billion in 2022 to USD 18.95 billion by 2030, growing at a CAGR of 11.7% during the forecast period (2023-2030).

The global automotive information cables marketplace is experiencing a consistent boom due to growing technological improvements and the growing demand for connectivity solutions inside the automobile enterprise. As cars come to be more reliant on digital structures and verbal exchange networks, the need for dependable statistics cables has surged.

These cables play a crucial role in facilitating statistics transmission for numerous packages, consisting of infotainment structures, superior motive force help systems (ADAS), and telematics. Additionally, the developing emphasis on electric powered and self sustaining cars is in addition propelling the call for extraordinary facts cables to ensure seamless verbal exchange between automobile additives.

Market players are specializing in innovation and product improvement to cater to these evolving needs, that's anticipated to sustain the marketplace's boom trajectory in the coming years. Moreover, regulatory tasks selling car safety and connectivity are possible to bolster market potential as automakers preserve to integrate advanced technologies into their automobiles.

Market snapshot - (2023-2030)

Global Market Size

USD 7 billion

Largest Segment

Infotainment and Communication

Fastest Growth

Infotainment and Communication

Growth Rate

11.7% CAGR

Global Automotive data cables market ($ Bn)
Country Share for APAC Region (%)
Global Automotive data cables market by Application ($ Bn)
Global Automotive data cables market by Application (%)

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Global Automotive Data Cables Market Segmental Analysis

The global Automotive Data Cables Market is segmented on the basis of cable type, vehicle type, application, and region. Based on cable type the market is segmented as Controller Area Network [CAN], Low Voltage Differential Signaling (LVDS)/High Speed Data (HSD), FlexRay, Ethernet, Controller Area Network Flexible Data-Rate (CAN-FD), Coaxial Cables. On the basis of vehicle type the market is segmented as Passenger Vehicles, Commercial Vehicles. Based on application, it is segregated into Safety and ADAS, Body Control and Comfort, Infotainment and Communication, Powertrain. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis by Cable Type

Controller Area Network (CAN) remains the dominating cable type in the automobile information cables marketplace due to its massive adoption, reliability, and installed presence in vehicles. CAN era has been a standard for in-car communique for years, offering a demonstrated and price-effective answer for numerous automobile applications.

However, Ethernet is the fastest-growing cable type inside the market, mostly pushed through the growing complexity of automotive systems and the demand for excessive-velocity information transfer. Ethernet gives better bandwidth and is well-ideal for the needs of superior driving force assistance systems (ADAS), infotainment, and independent riding applications. The developing need for seamless connectivity and statistics-intensive functions in modern cars is propelling the rapid adoption of Ethernet technology.

Analysis by Application

Infotainment and Communication is currently the dominating application in the automotive data cables market. The increasing consumer demand for in-car entertainment systems, navigation, and connectivity features has driven the growth of this segment. Additionally, the integration of advanced infotainment and communication technologies in vehicles has contributed to its dominance.

Moreover, Safety and ADAS (Advanced Driver Assistance Systems) is the fastest-growing application in the automotive data cables market. This growth is primarily attributed to a growing focus on vehicle safety and regulations mandating the incorporation of safety features in vehicles. ADAS systems, which rely heavily on data transmission, have seen rapid adoption to enhance driver safety and reduce accidents, thereby driving the demand for data cables in this segment.

Global Automotive data cables market by Application, 2021 (%)

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Global Automotive Data Cables Market Regional Insights

The Asia Pacific area currently dominates the global car statistics cables market. This dominance can be attributed to several elements, such as the region's sizable car production presence, particularly in countries like China, Japan, and South Korea. The fast enlargement of the car enterprise in Asia Pacific, coupled with the growing integration of advanced technologies in cars, has caused a sturdy demand for car information cables.

However, North America is emerging because of the fastest-growing location inside the automobile records cables marketplace. This growth is driven with the aid of the increasing adoption of electrical automobiles (EVs) and autonomous vehicles, where information cables are essential for conversation and records transmission. Additionally, authorities' tasks and regulations aimed toward improving automobile safety and connectivity are stimulating the demand for advanced information cable answers within the North American car sector.

Global Automotive data cables market by Geography, (2023-2030)
  • Largest
  • Fastest

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Global Automotive Data Cables Market Dynamics

Drivers

Advancements in Automotive Technology

As vehicles end up more related and included with state-of-the-art systems like infotainment, ADAS, and EVs, the call for high-speed and reliable information cables will increase. These cables are crucial for seamless records transmission and verbal exchange in the automobile riding market boom.

Restraints

Price Sensitivity in the Automotive Industry

Automakers and suppliers regularly face value constraints whilst integrating advanced technologies, such as statistics cables, into vehicles. This can limit the adoption of top rate records cable answers and probably avert market growth, as producers are seeking price-powerful alternatives to meet their budgetary constraints.

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Global Automotive Data Cables Market Competitive Landscape

The competitive landscape of the worldwide automobile facts cables marketplace is characterised by excessive rivalry amongst several leading groups vying for market share. These organizations are always engaged in studies and development activities to innovate and offer contemporary solutions that cater to the evolving wishes of the automobile industry. Product first-class, reliability, and compatibility with superior automobile technology are key focal factors for market players.

Additionally, partnerships and collaborations with automotive producers to make sure seamless integration of statistics cables in cars are commonplace techniques. As opposition intensifies, agencies are also exploring opportunities to expand their geographical attainment and leverage the growing call for automobile records cables throughout different areas. This competitive environment encourages ongoing improvements in data cable technology, reaping benefits the general car region.

Top Player’s Company Profiles

  • Champlain Cable Group (US)
  • Sumitomo Electric Industries, Ltd (Japan)
  • Amphenol Corporation (US)
  • Belden Inc. (US)
  • Gebauer & Griller (Austria)
  • Coroplast Fritz Müller GmbH & Co. KG (Germany)
  • Condumex S.A. de C.V. (Mexico)
  • BorgWarner Inc. (US)
  • Prysmian Group (Italy)
  • ACOME (France)
  • FURUKAWA ELECTRIC CO., LTD. (Japan)
  • COFICAB Group (Morocco)

Recent Developments

  • In April 2023, TE Connectivity finished the acquisition of Laird PLC's automotive connectivity commercial enterprise for $1.1 billion. This strategic flow drastically bolsters TE Connectivity's presence within the automobile statistics cables market, leveraging Laird's set up function as a pinnacle provider of automobile connectivity solutions.
  • In March 2023, Delphi Technologies PLC effectively acquired Aptiv PLC's electrical and digital structure enterprise for $1.35 billion. This acquisition expands Delphi Technologies' product portfolio, inclusive of a broader range of automotive statistics cables and different electric and digital additives, enhancing its aggressive position.
  • In February 2023, Yazaki Corporation obtained Sumitomo Electric Industries' automobile wire and cable enterprise for $1.2 billion. This acquisition strengthens Yazaki's foothold within the automotive factories cables marketplace, capitalizing on Sumitomo Electric's recognition as a leading company of car twine and cable solutions.
  • In July 2022, Amphenol Industrial Operations introduced the Amphe-Lite connector series to cater to the developing call for fiber optic interconnections in numerous industries including clinical, oil and fuel, security, and grid. The Amphe-Lite fiber optic termini are designed for excessive-speed and dependable optical laser transmission, making them suitable for digital data transmission in challenging environments.
  • In May 2022, Amphenol Communications Solutions unveiled the Barklip BK500 10 and Barklip BK150 10 busbar connectors. These connectors are designed to handle excessive-current applications and are completely compliant with OCP ORv3 energy output and IT tools specifications. They are particularly nicely-desirable for strength-dense factories, such as energy cabinets, baseband units, and server and storage sleds..

Global Automotive Data Cables Key Market Trends

  • Emergence of Electric and Autonomous Vehicles : As the automotive industry shifts toward cleaner and self-driving technologies, there's a growing need for advanced data cables to support the complex communication and data transmission requirements of these vehicles. This trend is driving the development of specialized data cable solutions tailored to the unique demands of electric and autonomous vehicles, presenting significant growth opportunities in the automotive data cables market.

Global Automotive Data Cables Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to global automotive data cables market analysis, the market has witnessed substantial growth in recent years, primarily driven by the ever-increasing integration of advanced technologies in vehicles.From infotainment structures to advanced driving force assistance structures (ADAS) and the upward push of electrical and self sustaining vehicles, the automotive industry is present process a substantial transformation, growing a surge in demand for splendid information cables. This fashion is predicted to continue shaping the market's panorama within the foreseeable destiny.

Looking beforehand, the marketplace is poised for expansion as automakers and clients alike prioritize connectivity, protection, and information-driven insights. The ongoing development of the 5G era is set to revolutionize in-vehicle connectivity, allowing faster and extra dependable statistics transmission, with the intention to necessitate superior statistics cables capable of assisting these speeds.

Additionally, as electric powered motors become more widespread, there will be a growing demand for information cables to manipulate and reveal battery performance and other important structures.

Moreover, the shift towards self sustaining vehicles will rely heavily on robust records cable solutions to facilitate actual-time communication and records exchange among car sensors and control systems.

In conclusion, the car information cables marketplace is on a trajectory of boom and innovation, pushed by means of technological advancements and the evolving desires of the automotive enterprise. As motors emerge as smarter, cleanser, and more connected, the call for for specialised information cable solutions will remain strong, making this quarter a key participant in the automobile surroundings for years to come

Report Metric Details
Market size value in 2021 USD 7 billion
Market size value in 2030 USD 18.95 billion
Growth Rate 11.7%
Base year 2021
Forecast period (2023-2030)
Forecast Unit (Value) USD Billion
Segments covered
  • Cable type
    • Controller Area Network [CAN], Low Voltage Differential Signaling (LVDS)/High Speed Data (HSD), FlexRay, Ethernet, Controller Area Network Flexible Data-Rate (CAN-FD), and Coaxial Cables
  • Vehicle type
    • Passenger Vehicles, Commercial Vehicles
  • Application
    • Safety and ADAS, Body Control and Comfort, Infotainment and Communication, and Powertrain
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Champlain Cable Group (US)
  • Sumitomo Electric Industries, Ltd (Japan)
  • Amphenol Corporation (US)
  • Belden Inc. (US)
  • Gebauer & Griller (Austria)
  • Coroplast Fritz Müller GmbH & Co. KG (Germany)
  • Condumex S.A. de C.V. (Mexico)
  • BorgWarner Inc. (US)
  • Prysmian Group (Italy)
  • ACOME (France)
  • FURUKAWA ELECTRIC CO., LTD. (Japan)
  • COFICAB Group (Morocco)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Automotive Data Cables Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Automotive Data Cables Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Automotive Data Cables Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Automotive Data Cables Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Automotive Data Cables Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Automotive Data Cables Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Global Automotive Data Cables Market size was valued at USD 7 billion in 2021 and is poised to grow from USD 7.82 billion in 2022 to USD 18.95 billion by 2030, growing at a CAGR of 11.7% during the forecast period (2023-2030).

The competitive landscape of the worldwide automobile facts cables marketplace is characterised by excessive rivalry amongst several leading groups vying for market share. These organizations are always engaged in studies and development activities to innovate and offer contemporary solutions that cater to the evolving wishes of the automobile industry. Product first-class, reliability, and compatibility with superior automobile technology are key focal factors for market players. 'Champlain Cable Group (US)', 'Sumitomo Electric Industries, Ltd (Japan)', 'Amphenol Corporation (US)', 'Belden Inc. (US)', 'Gebauer & Griller (Austria)', 'Coroplast Fritz Müller GmbH & Co. KG (Germany)', 'Condumex S.A. de C.V. (Mexico)', 'BorgWarner Inc. (US)', 'Prysmian Group (Italy)', 'ACOME (France)', 'FURUKAWA ELECTRIC CO., LTD. (Japan)', 'COFICAB Group (Morocco)'

Emergence of Electric and Autonomous Vehicles : As the automotive industry shifts toward cleaner and self-driving technologies, there's a growing need for advanced data cables to support the complex communication and data transmission requirements of these vehicles. This trend is driving the development of specialized data cable solutions tailored to the unique demands of electric and autonomous vehicles, presenting significant growth opportunities in the automotive data cables market.

The Asia Pacific area currently dominates the global car statistics cables market. This dominance can be attributed to several elements, such as the region's sizable car production presence, particularly in countries like China, Japan, and South Korea. The fast enlargement of the car enterprise in Asia Pacific, coupled with the growing integration of advanced technologies in cars, has caused a sturdy demand for car information cables.

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