#AUTOMOTIVE ETHERNET CONNECTOR DRIVER#
#AUTOMOTIVE ETHERNET CONNECTOR PROFESSIONAL#

The growth of this sub-segment is mostly due to growing preference of people for Ethernet technology in vehicles along with a strong demand for safe & fuel-efficient vehicles.Ĭommercial Vehicle Sub-Segment to Grab Highest Market ShareĪmong vehicle type segment, the commercial vehicle sub-segment is anticipated to witness speedy growth and garner $2,073.3 million during the forecast period.

#AUTOMOTIVE ETHERNET CONNECTOR DRIVER#

The growth of this sub-segment is mainly because of the growing advancements in hardware automotive Ethernet components by leading players such as NXP Semiconductors.Īccess Varied Market Reports Bearing Extensive Analysis of the Market Situation, Updated With The Impact of COVID-19: ĭriver Assistance Application Sub-Segment to Undergo Speedy GrowthĪmong application segment, the driver assistance sub-segment is expected to observe accelerated growth and garner $2,642.7 million during the forecast period. Hardware Component Sub-Segment to Dominate the Market GrowthĪmong component segment, the hardware sub-segment is projected to dominate the market by garnering $4,357.8 million during the forecast period.

The report segments the global automotive Ethernet market into components, application, vehicle type, and region. For instance, in February 2021, Tektronix, a measurement system specialist, launched the TekExpress, a multi-gigabit automotive Ethernet compliance test solution.Ĭheck out all Automotive and Transportation Industry Reports: However, foremost automotive Ethernet companies came up with numerous strategies such as new product development and research & innovations to beat the pandemic impact on their revenues. The rise of pandemic led to the lockdown of automotive industries and stoppage of import and export activities which has further resulted in disruption in the manufacturing of vehicles and their supply chains in various regions.

The abrupt rise of the COVID-19 pandemic has made a negative impact on the growth of the global automotive Ethernet industry. Click here to Connect with our Analyst to get more Market Insight: However, high cost involved in the installation of automotive Ethernets is expected to hinder the market growth.Ĭheck out How COVID-19 impacts the Global Automotive Ethernet Market.

Furthermore, rising awareness about the impact of greenhouse gas emissions on the environment and increasing focus on the reduction of carbon footprint is anticipated to give rise to profitable opportunities for the market growth during the forecast period. Growing adoption of Ethernet technology by a majority of automotive manufacturers is boosting the growth of the global automotive Ethernet market.

#AUTOMOTIVE ETHERNET CONNECTOR PROFESSIONAL#

The report is drafted by professional market analysts and promises to be a reliable source of data and comprehensive market insights for new players, investors, prevailing market players, stakeholders, shareholders, etc.ĭownload Free Sample Report of the Global Automotive Ethernet Market: This report offers thorough insights into the present condition and future viewpoint of the global industry. As per the report, the market is estimated to garner $6,4920.8 million by 2027, growing at a CAGR of 20.8% from 2020 to 2027. New York, USA, (GLOBE NEWSWIRE) - A new report on the global automotive Ethernet market has been added by Research Dive to its repository.

Automotive ethernet connector