Global Automotive Ethernet Market Size, Share & Trends Analysis Report by Component (Hardware, Software, Services), by Application (Chassis, Infotainment, Powertrain, Driver Assistance, Body and Comfort, Others), by Vehicle Type (Passenger Cars, Commercial Vehicles), by Region, and Segment Forecasts, 2022-2030

The global automotive Ethernet market size is expected to reach USD 12.38 billion by 2030, growing at a CAGR of 22.12% from 2023 to 2030. The increasing demand for advanced driver assistance systems (ADAS), infotainment, and the rapid development of driverless vehicles are the key factors driving the growth of the market.

Automotive Ethernet Market Segmentation
The global automotive Ethernet market is segmented by component, application, vehicle type, and region.

By Component
The hardware segment is expected to dominate the market during the forecast period. This is due to the increasing demand for gateways, bridges, routers, repeaters, and other hardware components in automotive Ethernet networks.

By Application
The infotainment segment is expected to grow at the highest CAGR during the forecast period. This is due to the increasing demand for in-vehicle entertainment and connectivity features, such as touchscreen displays, navigation systems, and internet access.

By Vehicle Type
The passenger car segment is expected to dominate the market during the forecast period. This is due to the increasing demand for advanced safety features and infotainment systems in passenger cars.

By Region
Asia Pacific is expected to be the fastest-growing region in the global automotive Ethernet market during the forecast period. This is due to the increasing demand for ADAS and infotainment systems in the region.

Key Players in the Global Automotive Ethernet Market
Some of the key players in the global automotive Ethernet market include:

Broadcom Inc.
Cisco Systems Inc.
Intel Corporation
Microchip Technology Inc.
NXP Semiconductors N.V.
Renesas Electronics Corporation
Robert Bosch GmbH
Texas Instruments Incorporated
Vector Informatik GmbH

The automotive Ethernet market is expected to grow significantly in the coming years due to the increasing demand for ADAS, infotainment, and driverless vehicles. The key players in the market are focusing on developing innovative products and solutions to meet the growing demand.