Automotive ethernet market is anticipated to grow at a CAGR of 21.8% during the forecast period. An ethernet network with a physical layer customized for usage in the car industry is known as automotive ethernet. The increase in demand for luxury vehicles will propel the growth prospects for the global automotive ethernet market in the upcoming years. There is a considerable increase in the demand for premium vehicles across the globe, owing to the rapidly growing per capita income of the global population. According to Trading Economics, in 2021, BMW was the leading luxury car brand in the US, recording sales of over 336,600 units. The key competitor of the company is Tesla whose sales were recorded at around 313,400 units in 2021.

However, the complexity of migration from conventional in-vehicle connectivity technologies to ethernet is a significant restraint factor in the ethernet industry. The automotive ethernet market faces obstacles such as interoperability among components and application computability, as well as a proliferation of security threats.

To Request a Sample of our Report on Automotive Ethernet Market:  https://www.omrglobal.com/request-sample/automotive-ethernet-market

Automotive Ethernet Market- Segmentation

By Component

Hardware
Software & Services

By Bandwidth

10 Mbps
100 Mbps
1 Gbps
5/5/10 Gbps
Others

By Vehicle Type

Passenger Car
Commercial Vehicles
Others

By Application

Chassis
Infotainment
Powertrain
Driver Assistance
Body and Comfort
Others

A full Report of Automotive Ethernet Marketis Available @  https://www.omrglobal.com/industry-reports/automotive-ethernet-market

Automotive Ethernet Market- Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles 

Aukua Systems
Broadcom Inc.
Cadence Design Systems, Inc.
Keysight Technologies
Marvell Semiconductor, Inc.
Marvell Technology Group Ltd.
Microchip Technology Inc.
Molex
NXP Semiconductors N. V.
Texas Instruments Inc.
Vector Informatik GmbH

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-ethernet-market

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no:  +91 7803040404