Next Generation In-Vehicle Networking Market Scope
Past few decades have seen variations in the type of communication buses used in automobiles, construction equipment, trucks, and military, among others. It is the use of wireless network to facilitate interaction among different Electronic Control Units (ECU) in vehicles majorly for Body Control Module (BCM). Communication Technologies are the key components of such advancement, which has been the driving force behind innovations in the Automotive sector. But with wireless communication systems come number of security concerns as they remain vulnerable to external elements.
The Next Generation In-Vehicle Networking market study is segmented by Type (Wiring, Relays, Switches, Sensors Memory and Others), by Application (Infotainment, Climate Control, Navigation and Driver Assistance Systems (DAS)) and major geographies with country level break-up.
The Generation In-vehicle Networking market is characterised by high level of competition, key players are in search for potential markets in order to cater to changing consumer taste & preferences in areas like EVs, the motive to which is cost-efficiency & accuracy. Since global pandemic has disrupted the market, firms are considering mergers & acquisitions to ensure their presence across regions thereby hedging against the risk of market shocks. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Next Generation In-Vehicle Networking market throughout the predicted period.
Aricent Inc (United States), Agilent Technologies (United States), AISIN AW Co Ltd (Japan), Analog Devices (United States), Bosch GmbH (Germany), Broadcom (United States), Daimler AG (Germany), Freescale (United States), Broadcom (United States) and Visteon Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are NXP Semiconductors (Netherlands), Renault SA (France), Renesas Electronics Corporation (Japan), Wurth Elektronik (Germany) and Yazaki Corporation (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Next Generation In-Vehicle Networking market by Type, Application and Region.
On the basis of geography, the market of Next Generation In-Vehicle Networking 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).
Market Leaders and their expansionary development strategies
December 15, 2020 – Daimler for the first time to Launch Electric Truck in India
Market Trend
- Increasingly popularity of Hybrid cars
- Combined functions of multiple ECUs into one, in addition, this type of functional integration also improves cost efficiency and simplifies the network
- FlexRay technology is widely used by major car manufacturers and is estimated to grow in long-run
Market Drivers
- Implementation of wireless networks in vehicles significantly reduces vehicle density, thereby making them energy & fuel-efficient
- The number of LIN nodes installed is expected to multiply
Opportunities
- Improved connectivity standards such as CAN, LIN, and Ethernet
- Unexplored markets that have huge growth potential
Restraints
- Complex network Mechanisms
- Fuel & cost efficiency is something that concerns consumers and is a serious issue.
- Lack of regulations
Challenges
- To formulate a technology that interprets false signals
- To achieve energy efficiency
Key Target Audience
New Entrants & Investors, Analysts and Strategic Business Planners, Analytical software providers, Venture Capitalists, Government bodies, Research and educational institutions, Automotive manufacturers, Suppliers, Traders, Dealers, and Distributors and End Use Industries