The article cited AMA's Global Automotive Transceivers Market Study explored substantial growth with CAGR of 7.98%. According the report, An Emergence of Connected Car and Technological Advancement in Electric Vehicles and Hybrid Vehicles
is one of the primary growth factors for the market. Rising Demand due to Increasing Adoption of ADAS (Advanced Driver-Assistance Systems)
is also expected to contribute significantly to the Automotive Transceivers market. Overall, Safety
applications of Automotive Transceivers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Automotive Transceivers market identified that the demand is rising in many different parts of the world as "Increasing Sales of Electric Vehicle is supplementing the growth of the market
". Furthermore, some recent industry insights like "On November 01, 2018, Analog Devices had launched a new transceiver series with car camera bus technology particularly for automotive camera applications. The new series two transceiver (ADV7990 and ADV7991) and two transmitters (ADV7380 and ADV7381). The camera-based features have been increasing in the automotive sectors. Thus, the new launch can create a big opportunity for the market." is constantly making the industry dynamic. One of the challenges that industry facing is "High Complexity in Electronic Components"
The Vehicle Type , such as Passenger Vehicles, is boosting the Automotive Transceivers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Protocol, such as Local Interconnect Network, is boosting the Automotive Transceivers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Automotive Transceivers market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Automotive Transceivers market and other related sub-markets covered in the study.
o Key & emerging players in the Automotive Transceivers market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Automotive Transceivers market size is calculated using market estimation process, the Automotive Transceivers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Automotive Transceivers market size has been validated using both top-down and bottom-up approaches.