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The global automotive ethernet market size was valued at USD 2.16 Billion in 2023. The market is further projected to grow at a CAGR of 22.30% between 2024 and 2032, reaching a value of USD 13.22 Billion by 2032.
Base Year
Historical Year
Forecast Year
Market players are increasingly focused on delivering the next generation of vehicles to enhance safety and user experience.
Company | Year Founded | Headquarters | Products | Main Services |
Cadence Design Systems, Inc. | 1988 | California, United States | Software, hardware, and silicon structures for designing integrated circuits, systems on chips (SoCs), and printed circuit boards | Provides hardware, software, and IP services for electronic components in automotive and other industries |
Broadcom Inc. | 1961 | California, United States | Designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions | Product portfolio serves the data centre, networking, software, broadband, wireless, and storage and industrial markets |
NXP Semiconductors N.V. | 1953 | Netherlands, Europe | High-performance mixed-signal and standard product solutions that leverage its leading RF, analog, power management, interface, security, and digital processing expertise | Product solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, and consumer applications |
Marvell Technology Group |
1995 | Bermuda, United States | High-speed transceiver, automotive ethernet, and automotive networking solutions | Provides a wide range of integrated circuit solutions for data storage, data center, enterprise, networking, and consumer and industrial applications |
Other key players in the global automotive ethernet market report include Rohde & Schwarz GmbH & Co KG, Microchip Technology Inc., Molex, LLC, Texas Instruments Incorporated, TTTech Computertechnik AG, and Vector Informatik GmbH, among others.
Automotive Ethernet Market Size
Automotive Ethernet Market Trends
Automotive Ethernet Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the automotive ethernet market reached an approximate value of USD 2.16 Billion.
The market is expected to grow at a CAGR of 22.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 13.22 Billion by 2032.
The major drivers propelling the automotive ethernet market growth include the rising production of automotives, innovations in the automotive industry, greater bandwidth and infotainment systems, and the rise in the global demand for ethernet vehicles.
Key trends aiding market expansion include the advancements in vehicle communication technology, rising demand for ADAS, and adoption of connected and autonomous vehicles.
Major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading components of automotive ethernet in the market are hardware, software, and services.
The major bandwidth segments in the market are 10Mbps, 100Mbps, 1Gbps, and 2.5/5/10Gbps.
The leading vehicle types in the market are passenger cars, commercial vehicles, and farming and off-highway vehicles.
The major applications of automotive ethernet are advanced driver assistance systems, infotainment, powertrain, body and comfort, and chassis.
Key players in the market are Rohde & Schwarz GmbH & Co KG, Broadcom Inc., NXP Semiconductors N.V., Marvell Technology Group, Microchip Technology Inc., Molex, LLC, Texas Instruments Incorporated, Cadence Design Systems, Inc., TTTech Computertechnik AG, and Vector Informatik GmbH, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124