USD 2.1 billion
Global Automotive Ethernet Market Size, Share, Growth Analysis, By Components(Hardware, Software), By Bandwidth(10Mbps, 100Mbps), By Vehicle Type(Passenger Cars, Commercial Vehicles), By Application(Advanced Driver Assistance Systems, Infotainment) - Industry Forecast 2024-2031
Report ID:
SQMIG25E2113 |
Region:
Global |
Published Date: February, 2024
Pages:
223
|
Tables:
119 |
Figures:
76
Global Automotive Ethernet Market Insights
Global Automotive Ethernet Market size was valued at USD 2.1 billion in 2021 and is poised to grow from USD 2.40 billion in 2022 to USD 7.05 billion by 2030, at a CAGR of 14.4% during the forecast period (2023-2030).
The surge in the global automotive ethernet industry stems from escalating automobile production. This growth is fueled further by the increasing need for higher bandwidth and sophisticated infotainment systems within vehicles. Moreover, the upward trajectory is bolstered by rising disposable incomes, propelling a heightened global demand for automotive ethernet.
Forecasts indicate that Asia Pacific is poised to take the lead in this industry, primarily attributed to the escalating production and surging demand for automobiles in key nations such as India, China, and Japan. This region's market dominance is a result of its significant contributions to both manufacturing and consumption within the automotive sector.
Market snapshot - 2023-2030
Global Market Size
Largest Segment
Body and Comfort
Growth Rate
14.4% CAGR
Global Automotive Ethernet Market ($ Bn)
Country Share for North America Region (%)
Global Automotive Ethernet Market By Application (%)
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Global Automotive Ethernet Market Segmental Analysis
The global Automotive Ethernet market is segmented into various segments. On the basis of components, the market is divided into hardware, software, and services. On the basis of bandwidth, the market is classified into 10Mbps, 100Mbps, 1Gbps, and 2.5/5/10Gbps. On the basis of vehicle type, the market is segmented into passenger cars, commercial vehicles, and farming & off-highway vehicles. On the basis of application, the market is divided into advanced driver assistance systems, infotainment, powertrain, body & comfort. Regional breakdown includes North America, Europe, Asia-Pacific, and RoW.
Analysis by Application
The driver assistance segment is forecasted to emerge as a leading segment within the global automotive ethernet market, primarily propelled by the soaring demand for advanced driver assistance systems (ADAS). The surge in interest for autonomous driving technologies underscores the crucial need for high-definition (HD) maps containing intricate road-based details like signage, lane sizes, and more. The seamless operation of these HD maps hinges on the uninterrupted transfer of data stored in sensors, a function fulfilled by ethernet connectivity. Additionally, stringent government regulations emphasizing safety and security standards within the automotive sector serve as pivotal drivers further stimulating the growth of automotive ethernet. These factors collectively amplify the significance of ethernet in facilitating critical data transfer for next-generation automotive technologies, contributing significantly to the market's expansion and prominence.
The body and comfort segment plays a crucial role within the automotive ethernet market, serving as a key domain where ethernet technology significantly enhances in-vehicle experiences. This segment encompasses a spectrum of functionalities aimed at ensuring passenger comfort, convenience, and overall vehicle functionality. Ethernet's integration within this segment enables the seamless operation of various systems, including climate control, lighting, entertainment, and connectivity features.
Analysis by Component
The hardware sub-segment asserted its dominance in the global automotive Ethernet market share, showcasing the prevalence of ethernet hardware components within the industry. These essential components, including gateways, bridges, routers, repeaters, among others, are extensively integrated by automotive OEMs to establish robust in-vehicle networking systems. However, as the industry evolves, the services sub-segment is anticipated to witness rapid growth throughout the forecast period. This projected surge can be attributed to the increasing recognition of the significance of services complementing hardware deployment.
The projected fastest growth of the services segment in the forecast period within the Automotive Ethernet market stems from several key factors. Primarily, OEM manufacturers are increasingly focusing on services encompassing implementation, consulting, and comprehensive training and support. These services are essential in addressing the inherent complexities of in-vehicle networks, offering crucial expertise to navigate the intricacies of Ethernet integration effectively. Furthermore, the rising challenges associated with installing Ethernet systems in vehicles, particularly concerning compatibility issues, are expected to significantly drive demand within the Automotive Ethernet industry.
Global Automotive Ethernet Market By Application, 2021 (%)
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Global Automotive Ethernet Market Regional Insights
Anticipated to exhibit consistent growth, North America's automotive ethernet market is poised for expansion attributed to the escalating adoption of electric vehicles (EVs) and plug-in electric vehicles (PHEVs) across the region. These innovative vehicles heavily depend on robust and high-speed communication networks to facilitate efficient power management, real-time battery monitoring, and seamless integration of advanced functionalities.
The surge in passenger vehicle production stands as a pivotal driver propelling market growth across the Asian-Pacific Region. Renowned automakers such as Mercedes-Benz, Ford, and Volkswagen are strategically initiating expansive plans within India. These strategies aim to optimize manufacturing capacities and augment output, effectively narrowing the supply-demand gap within the local market. The implementation of these robust expansion plans is expected to significantly elevate the demand for time-sensitive in-vehicle networking components within the Indian automotive landscape.
Global Automotive Ethernet Market By Region, 2023-2030
- Largest
- Fastest
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Global Automotive Ethernet Market Dynamics
Drivers
Increased Demand for Advanced Driver Assistance System (ADAS)
- The anticipated rise in vehicles equipped with autonomous driving capabilities forecasts a significant upsurge in opportunities for automotive ethernet. Autonomous driving systems heavily rely on high-definition (HD) maps, integrating detailed road-based information such as lane dimensions, crosswalks, and road signs. These precise HD maps are constructed using data gathered from an array of sensors. The critical role of ethernet emerges in connecting these multifaceted components, ensuring efficient and seamless data transfer within the autonomous driving system. This pivotal function positions automotive ethernet as a vital contributor to the sustained growth and optimization of autonomous vehicle technologies.
Restraints
Rising Security Threats
- The automotive ethernet industry encounters notable hurdles, prominently the intricate shift from conventional in-vehicle connectivity technologies to ethernet. This transition presents a substantial restraint, marked by challenges in interoperability among components and application compatibility within the automotive ecosystem. Moreover, the industry contends with a proliferation of security threats, intensifying concerns regarding data integrity and system vulnerabilities.
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Global Automotive Ethernet Market Competitive Landscape
The competitive environment of the Global Automotive Ethernet Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
Top Player’s Company Profiles
- Tesla Inc.
- BYD
- Lyft Inc
- Uber Technologies
- Daimler AG
- Anhui Jianghuai Automobile CoLtd (AC)
- DidiChuxing
- Broadcom
- Beijing Automotive IndustryHolding Co. Ltd. (BAIC)
- Baidu
- JAC Motors
- Broadcom
- Marvell
- Keysight Technologies
- NXP
- Vector Informatik
- AUKUA SYSTEMS,
- Microchip
- DASAN Networks
Recent Developments
- In May 2022, Broadcom Inc. made a significant stride in automotive Ethernet technology with the introduction of the BCM8958X. This cutting-edge monolithic Ethernet switch device represents a substantial advancement, specifically designed to meet the escalating bandwidth demands within in-vehicle networking applications. Notably, the BCM8958X also advocates for the adoption of software-defined vehicles (SDV). With an impressive configuration of 16 Ethernet ports, including six capable of delivering speeds of up to 10 Gbps, and integrated 1000BASE-T1 and 100BASE-T1 PHYs, the BCM8958X provides heightened flexibility.
Global Automotive Ethernet Key Market Trends
- The automotive ethernet market is experiencing rapid growth, propelled by the robust expansion of the automotive industry and escalating production rates of automobiles. Data from the European Automobile Manufacturers Association reveals a significant global increase in motor vehicle production, reaching 85.4 million units in 2022 compared to around 79.1 million units in 2021. This surge in vehicle manufacturing directly corresponds to an amplified demand for automotive ethernet. With the continually rising number of vehicles on the road, there is an increasing need for reliable in-vehicle networking solutions like automotive ethernet. This escalating demand contributes substantially to the market's upward trajectory and expansion, underlining the critical role of automotive ethernet in meeting the connectivity requirements of the growing automotive landscape.
Global Automotive Ethernet Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. The automotive ethernet sector has experienced remarkable growth owing to several key factors. The widespread adoption of Advanced Driver Assistance Systems (ADAS) and the integration of advanced infotainment systems have significantly contributed to this expansion. Moreover, the rapid advancements in autonomous vehicle technology have played a pivotal role in driving the demand for automotive ethernet. A crucial advantage driving this surge is the cost-effectiveness of ethernet compared to traditional wiring harnesses, offering efficient connectivity among in-vehicle electronic systems. Ethernet's capability to connect these systems seamlessly has positioned it as a preferred solution, further bolstering its growth trajectory within the automotive industry.
| Report Metric | Details |
|---|---|
| Market size value in 2021 | USD 2.1 billion |
| Market size value in 2030 | USD 7.05 billion |
| Growth Rate | 14.4% |
| Base year | 2023 |
| Forecast period | 2023-2030 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| 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 |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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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 Ethernet 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
- Exhibit: Impact analysis of DROC, 2021
- 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 Ethernet 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
- Exhibit: Impact analysis of DROC, 2021
- 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
- Competitive rivalry
- 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(%)
- Total number of companies covered
Methodology
For the Global Automotive Ethernet 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 Ethernet 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 Ethernet Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Automotive Ethernet 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.
Global Automotive Ethernet Market Report Snapshots
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