The in-vehicle networking market size, in terms of value, is expected to grow from USD 838.6 million in 2015 to USD 1.3 billion by 2022, at a CAGR of 7.32% between 2016 and 2022. The in-vehicle networking market size, in terms of volume, is expected to reach 1.38 billion units by 2022, at a CAGR of 7.14% between 2016 and 2022.
More electronic systems are being utilized to provide better safety, comfort, and convenience in the automobiles which is the major driver for the in-vehicle networking market. Intense pricing pressure from low-end cars in the emerging market is expected to restrain the in-vehicle networking market.
The infotainment and telematics systems in today's vehicles have multiple capabilities. They are interconnected with one another and with other systems such as GPS and entertainment systems. The automobile manufacturers use telematics that focus on the wireless connectivity to computer-based controllers called electronic control units (ECUs).
North America holds a tremendous market potential in the near future and is expected to grow at the highest rate during the forecast period. The North American region is one of the most technologically advanced automotive sectors. The demand for premium cars with high semiconductor content is more in the region. This is mainly because of the high standard of living and high per capita income in the region.
- Atmel Corporation
- Elmos Semicondustor AG
- Infineon Technologies AG
- Melexis NV
- Microchip Technology Inc.
- Nxp Semiconductors N.V.
- On Semiconductor Corp.
- Robert Bosch Gmbh
- Stmicroelectronics N.V.
- Texas Instruments Incorporated
- Xilinx, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 In-Vehicle Networking Market, by Connectivity Standard
8 In-Vehicle Networking Market, by Vehicle Type
9 In-Vehicle Networking Market, by Application
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/v6mm28/invehicle
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/in-vehicle-networking-market-to-reach-13-billion-by-2022---growing-demand-for-advanced-safety-convenience--comfort-systems---research-and-markets-300378929.html
SOURCE Research and Markets