The global in-vehicle ethernet system is projected to grow at a significant CAGR during the forecast period. Today the electronics in vehicles are getting more complicated with more sensors, controls, and interfaces with higher bandwidth requirements. The different computers and domains in the car need to increasingly communicate with one another.

Multiple proprietary standards for communication are used, with each component typically using a dedicated wire/cable. By moving to a single standard, all the communications from all the different components can coexist on the same switched Ethernet network, with a single pair going to each location in the car from a central switch. In addition, using unshielded twisted pair (UTP) cable to deliver data at a rate of 100 Mbps, along with smaller and more compact connectors can reduce connectivity costs up to 80%and cabling weight up to 30%.

A full report of Global In-Vehicle Ethernet System Market is available at: https://www.omrglobal.com/industry-reports/in-vehicle-ethernet-system-market

The introduction of electric vehicles is on the surge, as peoples are more concerned about the environment as well as the adoption of technologically advanced vehicles with full features. Supportive government initiatives are also enhancing EV adoption. For instance, Governments of several nations are focusing on the development of infrastructure to roll-out the EVs to curb the rising pollution level and progress along with sustainable development. For instance, in July 2019, the government of India reduced Goods and Service Tax (GST) on electric vehicles from 12% to 5%.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/in-vehicle-ethernet-system-market

In April 2019, the Indian government launched the second phase of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme to boost the EVs sales in the country. The government has allocated around $1.4 billion to boost EVs sales in the country for over a period of three years from April 2019. This would lead to an expansion of the country’s EVs fleet size in the near future. EVs are fully leveraged with ADAS, connected infotainment, and other features. Thus, the rise in the EV sales will result in the in-vehicle ethernet system market expansion.

Global In-Vehicle Ethernet System Market – Segmentation

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Farming & Off-Highway Vehicles

By Applications

• Advanced Driver Assistance Systems (ADAS)
• Infotainment
• On-Board Diagnostic
• Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/in-vehicle-ethernet-system-market

Global In-Vehicle Ethernet System Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• ACTIA Group
• B&R Industrial Automation GmbH
• Broadcom Inc.
• Cadence Design Systems Inc.
• Continental AG
• DASAN Network, Inc.
• Harman International Industries, Corp.
• Keysight Technologies, Inc.
• Marvell Semiconductor, Inc.
• Mentor Graphics, a Siemens AG company
• Microchip Technology Inc.
• Molex, LLC
• NXP Semiconductors NV
• Renesas Electronics Corp.
• Robert Bosch GmbH
• Ruetz System Solutions GmbH
• System-on-Chip Engineering S.L.
• Toshiba America Electronic Components, Inc.
• Vector Informatik GmbH
• Visteon Corp.

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +1 646-755-7667, +91 7803040404