What is Automotive Controller Area Network Market Scope?
Automotive controller area network is a serial bus communications protocol and it defines a standard for efficient and reliable communication between sensor, actuator, controller, and other nodes in real-time applications. The automotive controller area network is the de facto standard in a large variety of networked embedded control systems. Increasing demand for passenger vehicles in developing countries like India, China, and Brazil is fulling the growth of the automotive controller area network market in the forecast period.
The Automotive Controller Area Network market study is being classified, by Application (Powertrain, Body Control & Comfort, Infotainment & Communication and Safety & ADAS) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Players from European and United States will contribute to the maximum growth of Global Automotive Controller Area Network market throughout the predicted period.
Robert Bosch (Germany), Toshiba (Japan), Broadcom (United States), Texas Instruments (United States), NXP (Netherlands), STMicroelectronics (Switzerland), Infineon Technologies AG (Germany), Renesas Electronics (Japan), ON Semiconductor (United States), Microchip Technology (United States) and Intel (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Qualcomm (United States), Continental AG (Germany), Cypress Semiconductor (United States), Rohm Semiconductor (Japan), Xilinx (United States), Melexis (Belgium), Elmos Semiconductor (Germany), Vector Informatik (Germany) and Maxim Integrated (United States).
Analyst at AMA have segmented the market study of Global Automotive Controller Area Network market by Type, Application and Region.
On the basis of geography, the market of Automotive Controller Area Network has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 11th June 2019, Texas Instruments has introduced an automotive system basis chip that is the industry's first to integrate a controller and transceiver for Controller Area Network with Flexible Data Rate (CAN FD). Designed to meet the high-bandwidth and data-rate flexibility needs of in-vehicle networks, the TCAN4550-Q1 uses the Serial Peripheral Interface (SPI) bus of almost any microcontroller to implement, with minimal hardware changes, a CAN FD interface or increase the amount of CAN FD bus ports in a system.
Influencing Market Trend
- Growing in Sales of Premium Vehicles
- Increasing Contribution of Electronic Systems in Passenger Cars
- Government Mandates and Industry Norms to Reduce Emission and Improve the Safety of Vehicles
- Technological Advancement and Development in Controller Area Network by Various Organizations
- High Cost per Node with the Increase in Communication Nodes in a Vehicle
- Maintenance and Troubleshooting for Vehicle Network Architecture
- Rise in Cybersecurity Threats for Connected Vehicles
Key Target AudienceAutomobile Manufacturers, Automobile Organizations, Automotive Network Hardware Manufacturers, Government Agencies, Cloud Service Providers, Compliance Regulatory Authorities, Information Technology Companies and System Integrators and Investors and Venture Capitalists (VCs)
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