Will The Increasing Automation In Vehicles Foster Automotive Transceivers Market Size?

Major innovation, as well as the electrification of all the vehicular systems like steering, engines and drive train will foster automotive transceivers market share over the forecast time period. Prominent OEMs and suppliers have created automobile systems that offer low carbon emission benefits to counter growing energy consumption and pollution across all conventional vehicles.

Such systems need electronic components like semiconductors and ECUs that have led to the rising demand for communication products within the automotive transceivers industry. Steady increase in the availability of advanced infotainment & comfort features in vehicles provided by the automakers worldwide shall augment automotive transceivers market share over the projected time period.

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With the growth of the technically advanced safety & entertainment systems and their integration into the freshly developed automobiles, it will require a higher number of nodes and interfaces to back these features. This results in the vehicles requiring a number of transceiver components which eases the communication between several control units.

Will government regulations play a considerable role in propelling automotive transceivers market share?

Rapid development of driving assistance systems like lane management, infotainment features and parking assistance that also include navigation, multimedia, among others, have been majorly contributing to the surging demand for communication technology. This has fueled automotive transceivers industry trends considerably.

Government regulations pertaining to road & vehicle safety for the reduction of fatalities will coerce manufacturers to create highly efficient and integrated systems while also creating multiple opportunities for the expansion of the industry. 

How will the deployment of ethernet protocols drive Automotive Transceivers Market outlook?

Rising trend of integrating ethernet with the help of in-vehicle networking technology has been influencing the business outlook. The interconnected sub-systems and the in-vehicle networks are complex and require structured, efficient and safe communication while also creating a fresh need for advanced components.

This leads to the rising deployment of ethernet protocols by the automakers owing to several benefits attached like in-car internet access, EV charging features and support of several applications. Having these technologies incorporated reduces the architectural complexities of the vehicle electronics as well as supports the ECU operations which will further fuel automotive transceivers market forecast.

The conventional LIN and CAN interfaces have to face the challenge of raising the bandwidths to meet the sturdy requirements from the automotive sector. The transformations are the result of dealing with complex ECUs and other related electronic systems which will affect the demand for such components.

How will the booming body electronics application segment impact auto transceiver market forecast?

Body electronics applications have been gaining a steady growth in recent years on account of the need for modern dashboard, lighting modules and control modules. These systems are increasingly being incorporated with IoT to be able to offer benefits of connectivity and help the passengers by providing them with real-time traveling information which in turn has created a high demand for transceiver interfaces.

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Automotive transceivers market share from the body electronics applications is anticipated to record nearly 30% of revenue share by 2024. Increased availability of luxury & comfort features in the freshly developed commercial and passenger vehicles via OEMs worldwide have been encouraging a high rate of adoption of the improved body electronics systems.

The demand for advanced car architectures and in-vehicle luxury will be producing favorable prospects for automotive transceivers industry players.

Table of Contents (ToC) of the report:

Chapter 1.   Methodology & Scope

1.1.  Definitions & forecast parameters

1.1.1. Definition & scope

1.1.2. Assumptions, methodology & forecast parameters

1.2.  Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2.   Executive Summary

2.1.  Automotive transceivers industry 360º synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Protocol trends

2.1.4. Application trends

Chapter 3.   Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 - 2024

3.2.1. Global automotive electronics market size, 2013 - 2024    North America    Europe    Asia Pacific    Latin America    MEA

3.2.2. Global automotive ECU market size, 2013 - 2024    North America    Europe    Asia Pacific    Latin America    MEA

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