Report Overview

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.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Automotive Ethernet Market Size

The global automotive ethernet market was valued at USD 2.16 billion in 2023. The market is further projected to grow at a CAGR of 22.3% between 2024 and 2032, reaching a value of USD 13.20 billion by 2032.

 

Automotive Ethernet Market Report Snapshots

Automotive Ethernet Market Size

Automotive Ethernet Market Trends

Automotive Ethernet Companies

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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Key Questions Answered in the Report

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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