Automotive Ethernet Market

GMI Research analysis indicates that the Automotive Ethernet Market estimated at USD 1,494 Million in 2019 and is slated to register a whopping double-digit CAGR of 18.8% over the period, 2020-2027 and projected to reach USD 5,928 Million in 2027.

Automotive Ethernet Market Overview

Automotive Ethernet refers to the physical network that is used to connect components within the car through the wired networks. It is specially designed to meet the changing demand of the automotive sector, such as the strong demand for automation and connectivity. The ethernet technology is used for in-vehicle communication, calibration, measurement, and diagnostics through DoIp. The automotive ethernet offers greater scalability, is light-weighted, and highly cost-effective.

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Major Automotive Ethernet Market Drivers

The increasing complexity in the in-vehicle infrastructure, followed by the drastic rise in the implementation of ADAS and infotainment systems in the vehicles, are the significant factors boosting the growth of the Global Automotive Ethernet Market. The rapidly increasing disposable income of individuals is encouraging them to opt for luxury vehicles. The luxury and premium vehicle sector is one of the largest sectors adopting the ethernet technology in their vehicles. This is presenting a continual growth in the demand of the Global Automotive Ethernet Market. For instance, the global giants, including BMW and Jaguar are increasingly implementing ethernet technology in their upcoming models. The automotive ethernet technology offers remarkable advantages such as reduces the overall cost of procurement and increases the profit margins of original equipment manufacturers (OEMs), which in turn, is promoting a large number of OEMs to opt for this technology. On the other edge, the high cost of implementation and maintenance are the major factors that will have a negative impact on the growing demand of the market in the coming years.

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Based on the component, the market is segmented into hardware, software, and services. Among these, the services segment is anticipated to grow at a higher CAGR during the forecast period. The services segment includes consulting, implementation, and training and support. The strong demand for consulting services among the OEMs to simplify the in-vehicle network complexities is the key factor driving the growth of the segment. Additionally, the growing incidences of challenges faced during the implementation of ethernet in the vehicles are further encouraging the need for training and support services.

On the basis of bandwidth, the market is segmented into 10Mbps, 100Mbps, 1Gbps, and 2.5/5/10Gbps. Among these, the 1Gbps segment is anticipated to lead the market over the forecast period. This is attributed to the strong demand for bandwidths, which in turn, is promoting the OEMs to invest in high-speed data transmissions for smooth functioning for in-vehicle connectivity. The 1Gbps ethernet offers higher bandwidth and lower latency for automotive applications, especially in the ADAS and infotainment systems.

Based on the application, the market is segmented into advanced driver assistance systems, infotainment, powertrain, body and comfort, and chassis. The advanced driver assistance systems segment is projected to grow at a higher CAGR during the forecast period. The fundamental shift in the consumer’s preference and the strong demand for safe and fuel-efficient vehicles is boosting the demand of the ADAS segment in the market. The rapid increase in the demand for integrating vehicles with high-tech devices is surging the OEMS to develop in-car infrastructure as per the expanding demand for next-generation connected cars and autonomous vehicles among the target customers.

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Based on region, the Asia-Pacific region is expected to lead the market during the forecast period. This is due to the continuous technological development in the automotive industry, followed by the positive economic growth of the Asian countries and stable socio-political conditions in this region. The mass consumer base in the developing economies, including Malaysia, China, and India, is further contributing to the growing demand of the market. With the growing per capita income of individuals, the OEMs have innumerable growth opportunities in the APAC market by mainly focusing on improving customer experience and enhancing safety and security features.

Top Market Players

Various notable players operating in the market include NXP Semiconductors, Broadcom, Marvell, Microchip Technology Inc., Molex LLC, Texas Instruments Incorporated, Candence Design Systems, Inc., TTTech Auto AG, System-on-Chip Engineering, and Vector Informatik GmbH, among others.

Key Developments:

• • In March 2020, Argus Cyber Security, and NXP Semiconductors entered in partnership to develop new integrated solution to protect Ethernet network communications based on the NXP S32G processor for vehicles.
  • In 2020, NXP Semiconductors launched its first multi-gigabit ethernet switch, which is specially designed to help automakers deliver high-speed networks required for connected vehicles.
  • In 2020, Marvell introduced its second generation automotive ethernet PHY, having the lowest power consumption in the industry. This product launch broadens the physical layer transceiver product line of Marvell.
  • In 2019, Molex LLC and AllGo entered into a partnership to develop an infotainment head unit solution for remote access to media hub through an ethernet gateway. This solution will provide a solution of the media content access challenges arising in high speed in-vehicle connectivity.

Segments covered in the Report:

The global Automotive Ethernet market has been segmented on the basis of Component, Bandwidth, Vehicle Type, Application and key regions. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Bandwidth, the market is segmented into 10Mbps, 100Mbps, 1Gbps and 2.5/5/10Gbps. Based on Vehicle Type, the market is segmented into Passenger Cars, Commercial Vehicles, and Farming & Off-highway Vehicles. Based on Application the market is segmented into Advanced Driver Assistance Systems, Infotainment, Powertrain, Body & Comfort and Chassis.

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Market Segmentation:

Global Automotive Ethernet Market by Component

• • Hardware
  • Software
  • Services
    • Consulting
    • Implementation
    • Training and Support

Global Automotive Ethernet Market by Bandwidth

• • 10Mbps
  • 100Mbps
  • 1Gbps
  • 2.5/5/10Gbps

Global Automotive Ethernet Market by Vehicle Type

• • Advanced Driver Assistance Systems (ADAS)
  • Infotainment
  • Powertrain
  • Body and Comfort
  • Chassis

Global Automotive Ethernet Market by Application

• • Passenger Cars
  • Commercial Vehicles
  • Farming and Off-highway Vehicles

Global Automotive Ethernet Market by Region

• • North America Automotive Ethernet Market (Option 1: As a part of the free 25% customization)

    • By Component
    • By Bandwidth
    • By Vehicle Type
    • By Application
    • United States of America (US) Market All-Up
    • Canada Market All-Up

  • Europe Automotive Ethernet Market (Option 2: As a part of the free 25% customization)

    • By Component
    • By Bandwidth
    • By Vehicle Type
    • By Application
    • United Kingdom (UK) Market All-Up
    • Germany All-Up Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe All-Up

  • Asia-Pacific Automotive Ethernet Market (Option 3: As a part of the free 25% customization)

    • By Component
    • By Bandwidth
    • By Vehicle Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC All-Up

  • RoW Automotive Ethernet Market (Option 4: As a part of the free 25% customization)

    • By Component
    • By Bandwidth
    • By Vehicle Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) All-Up

Major Players Operating the Automotive Ethernet (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • NXP Semiconductors
  • Broadcom
  • Marvell
  • Microchip Technology Inc.
  • Molex LLC
  • Texas Instruments Incorporated
  • Candence Design Systems, Inc.
  • TTTech Auto AG
  • System-on-Chip Engineering
  • Vector Informatik GmbH