Analysis of the COVID-19 Impact: Automotive Central Gateway Module Market 2020-2024 | Increasing Government Support to Promote EVs to Augment Growth | Technavio
Technavio has been monitoring the global automotive central gateway module market size and it is poised to grow by USD 1.29 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200630005551/en/
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Continental AG, DENSO Corp., FEV Group GmbH, Hitachi (News - Alert) Ltd., Infineon Technologies AG, Lear Corp., Marelli Holdings Co. Ltd., NXP Semiconductors NV, Renesas Electronics Corp., and Robert Bosch GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
The increasing government support to promote EVs has been instrumental in driving the growth of the market. However, the adoption of Ethernet backbone network to eliminate CGM adoption might hamper the market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendo operations and government regulations.
Automotive Central Gateway Module Market 2020-2024: Segmentation
Automotive Central Gateway Module Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44080
Automotive Central Gateway Module Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive central gateway module market report covers the following areas:
This study identifies the growing adoption of high bandwidth automotive networks as one of the prime reasons driving the automotive central gateway module market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Automotive Central Gateway Module Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Application
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Real-time Insights: A Case Study for the Next Generation of Smart Construction Ecosystem
IoT Security Against Global Cybercrime