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Global Automotive Ethernet Market to Exhibit at a CAGR of 20.8% and Generate $6,494.8 Million from 2020 to 2027 - Exclusive Report [187 pages] by Research DiveNEW YORK, Aug. 24, 2021 /PRNewswire/ -- The global automotive ethernet market is predicted to witness massive growth in forecast period, owing to rising adoption of automotive ethernet application by leading automotive manufacturers. Asia Pacific is predicted to witness dominant growth by 2027.  Research Dive has published a new report, titled, 'Automotive Ethernet Market by Component (Hardware, Software, and Services), Vehicle Type (Passenger Cars and Commercial Vehicles), Application (Chassis, Infotainment, Driver Assistance, Power train, Body & Comfort, and Others), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027' Research Dive in its latest published report estimates that the Global Automotive Ethernet Market will generate $6,494.8 million and exhibit a CAGR of 20.8% from 2020 to 2027. Market Dynamics Automotive ethernet is the emerging technology that is playing a crucial role in automotive cybersecurity and automotive architecture. Thus, increasing number of notable cable and connector manufacturers, leading automotive OEMs, and automotive tier-1s are widely adopting automotive ethernet application. These factors are expected to boost the growth of global automotive ethernet market during the forecast period. In addition, the rising emphasis on the reduction of carbon footprint is predicted to create massive opportunities for the market growth by 2027. However, the high installation costs associated with automotive ethernets is predicted to hamper the market growth during the projected timeframe. Download PDF Sample Report of Automotive Ethernet Market Impact of COVID-19 Pandemic on the Automotive Ethernet Industry The COVID-19 pandemic has unfavorably impacted the global automotive ethernet market. The fall in the growth rate of the market is mainly due to obstructions in international operations and adverse political conditions. However, the leading companies operating in the global market such are adopting various strategies such as R&D and product development to sustain in the unprecedented times. Access our comprehensive analysis of the IMPACT OF COVID-19 ON AUTOMOTIVE ETHERNET MARKET Key Segment Findings of the Market: The research report segments the global automotive ethernet market into component, vehicle type, application, and region.
Prominent Market Players 1. Vector Informatik GmbH 2. NXP Semiconductors N.V. 3. Marvell Semiconductor, Inc. 4. Molex 5. Broadcom Inc. 6. Microchip Technology Inc. 7. Aukua Systems 8. Keysight Technologies 9. Cadence Design Systems, Inc 10. Texas Instruments Incorporated. - Inquire and Get Quick Access to Top Companies Development Strategies Summary Report These players are focusing on product launches, technological advancements, and strategic collaborations to gain a competitive in the global market. For instance, in March 2019, Broadcom, a global technology leader that designs, develops, & supplies semiconductor and infrastructure software solutions, announced the launch of 'BCM8956X,' a family of automotive multilayer Ethernet switches. According to the company, the product is IEEE compliant for 100 BASE-T1 PHY. They are focusing on advanced product developments and merger & acquisition. These are some of the strategies conducted by the startups as well as established business organizations. More about Automotive Ethernet The Global Automotive Ethernet Market to Witness Negative Impact during the Covid-19 Pandemic What are the 7 Technologies Essential for Automotive Ethernet? Related Trending Topics: 1. Electric Vehicle Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 – Request to Download Sample Report 2. Vehicle Exhaust Hose Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 – Request to Download Sample Report 3. Electric Bus Charging Infrastructure Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 – Request to Download Sample Report 4. Car Rental Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 – Request to Download Sample Report About Research Dive: Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact Us: Mr. Abhishek Paliwal Logo: https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg 
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