About Data Bus
The data bus is used to transfer data between the system. The data bus can bidirectional, thus it can transfer data bidirectionally. There are various types of protocol used to operate data bus such as ARINC 429/629, CAN, TTP, AFDC/ARINC 664, and MIL-STD-1553. Increasing requirement for data integrity & reliability and rising demand due to the requirement for decreasing swap specifications are the major drivers for the market. Additionally, the emergence of fiber optic cable over traditional copper cable and rising technological trends such as TTP to As6802, Fly-by-optics, and lightweight data bus cables have been supplementing the growth of the market. However, the emergence of the certification process and increasing bandwidth, less product life and low funding for defense are the factors have been limiting the growth of the market. Moreover, increasing digitalization in automotive, maritime and commercial aviation sectors and the emergence of modern aircraft and telematics can be considered as an opportunity for the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Billion) |
CAGR | 5.12% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies.The Players having a strong hold in the market are Data Device Corporation, TE connectivity, Amphenol Corporations, Fujikura Ltd., Corning Inc.,. Analyst at AMA Research estimates that United Stated, European and Asian Players will contribute the maximum growth to Global Data Bus market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Data Device Corporation (United States), TE connectivity (Switzerland), Amphenol Corporations (United States), Fujikura Ltd. (Japan), Corning Inc. (United States), Airbus (France), Boeing (United States), Volvo (Sweden), Boeing (United States), Pipavav (India) and Volkswagen (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Newport News Shipbuilding (United States), Optical Cable Corporation (United States) and Molex (United States).
Segmentation Overview
AMA Research has segmented the market of Global Data Bus market by , Application (Marine, Commercial Aviation, Military Aviation and Automotive) and Region.
On the basis of geography, the market of Data Bus 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). If we see Market by Bit Type , the sub-segment i.e. 16 Bit will boost the Data Bus market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Micro Couplers will boost the Data Bus market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Protocol, the sub-segment i.e. ARINC 429/629 will boost the Data Bus market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Technological Trends such as TTP to As6802, Fly-By-Optics and Lightweight Data Bus Cables and An Emergence of Fiber Optical Cable over Traditional Copper Cable
Market Growth Drivers:
Increasing Requirement for Data Integrity & Reliability and Rising Demand due to the requirement for Decreasing Swap Specifications
Challenges:
Less Product Life and Low Funding for Defense
Restraints:
An Emergence of Certification Process and Increasing Bandwidth is Limiting the Growth
Opportunities:
Increasing Digitalization in Automotive, Maritime and Commercial Aviation Sectors and An Emergence of Modern Aircraft and Telematics will grow the market
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About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.