What is Controller Area Network Market?
Controller Area Network is a two wired half-duplex high-speed serial network technology. It is a standard which allows microcontrollers and devices to communicate with each other's applications without a host computer. Controller Area Network is a message-based protocol which was designed originally for multiplex electrical wiring in automobiles to save on copper. However, it can also be used in many other contexts. Controller Area Network is applicable in Passenger vehicles, Agricultural equipment, Electronic equipment for aviation and navigation, Elevators, escalators, and others.
The market study is being classified by Type (Windows CAN, Linux CAN and QNX CAN), by Application (Telecommunications, Automotive, Consumer Electronics and Other) and major geographies with country level break-up.
Analog Devices (United States), NXP Semiconductor (Netherlands), STMicroelectronics (Switzerland), Cypress Semiconductor (United States), Microchip Technology (United States), Texas Instruments (United States), Atmel (United States), National Instruments (United States), ESD electronics (United States) and American Microsemiconductor, Inc. (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Controller Area Network market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Controller Area Network market by Type, Application and Region.
On the basis of geography, the market of 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Wide Range of Application of Controller Area Network
- Technological Advancements in Automobiles
- High Costs Associated with the Controller Area Network Devices
- Fluctuations in Raw Material Prices
- Increasing Demand of CAN in Automobile Industry
- Growing Research and Developments
- Stiff Competition Among the Major Players
On March 2019, TE Connectivity, a world leader in connectivity and sensors, has launched its portfolio of Raychem CAN bus cables. With variations available that cater to a variety of harsh environments, these high-speed copper cables offer a ruggedized means of transmitting data at speeds up to 1 Mb/s.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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