Ocean View, DE -- (SBWIRE) -- 04/22/2020 -- The automotive transceivers market has experienced tremendous impulsion to meet this demand of improved communication capabilities for supporting multiple protocols. The chassis and safety segment, in particular, has become a critical application area for the automotive transceivers industry with the advent of technologies like electric power steering (EPS) as well as autonomous features.
Traditionally, most of the power steering systems in vehicles are hydraulic systems, but the electric power steering systems are gaining enormous momentum due to the increased efficiency and performance they offer. Elimination of the different physical components of a hydraulic system makes EPS a smaller and lighter alternative, depending mostly on communication between electronic control units and sensors. The growing adoption of EPS in cars and commercial vehicles will propel the automotive transceivers market revenue. A key benefit of the EPS system is that it powers the EPS motor only when it is required, making it notably more efficient.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3011
Rising trend of integrating ethernet with the help of in-vehicle networking technology has been influencing the business outlook. The interconnected sub-systems and the in-vehicle networks are complex and require structured, efficient and safe communication while also creating a fresh need for advanced components.
This leads to the rising deployment of ethernet protocols by the automakers owing to several benefits attached like in-car internet access, EV charging features and support of several applications. Having these technologies incorporated reduces the architectural complexities of the vehicle electronics as well as supports the ECU operations which will further fuel automotive transceivers market forecast.
Automotive transceivers market share from the body electronics applications is anticipated to record nearly 30% of revenue share by 2024. Increased availability of luxury & comfort features in the freshly developed commercial and passenger vehicles via OEMs worldwide have been encouraging a high rate of adoption of the improved body electronics systems.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3011
Worldwide, the mounting concerns regarding environmental pollution has put the focus on electric vehicles, which are the prime target market for the latest ADAS and EPS products. The International Energy Agency has projected that by 2030, almost 125 million electric vehicles would have hit the roads globally, indicating lucrative prospects for the automotive transceivers market over the next few years. Anticipated to reach a global valuation of more than USD 7 billion by 2024, the automotive transceivers market is characterized by the presence of small and large players, including Infineon Technologies, NXP Semiconductors, Texas Instruments, Broadcom, Inc. and Cypress Semiconductor Corporation.
Table of Contents (ToC) of the report:
Chapter 4. Automotive Transceivers Market, By Protocol (Revenue, Shipment)
4.1. Key trends by protocol
4.2. LIN
4.2.1. Market estimates and forecast, 2013 – 2024
4.3. CAN
4.3.1. Market estimates and forecast, 2013 – 2024
4.4. FlexRay
4.4.1. Market estimates and forecast, 2013 – 2024
4.5. Ethernet
4.5.1. Market estimates and forecast, 2013 – 2024
4.6. Others
4.6.1. Market estimates and forecast, 2013 – 2024
Chapter 5. Automotive Transceivers Market, By Application (Revenue, Shipment)
5.1. Key trends by application
5.2. Body electronics
5.2.1. Market estimates and forecast, 2013 – 2024
5.2.2. Body control module
5.2.2.1. Market estimates and forecast, 2013 – 2024
5.2.3. HVAC
5.2.3.1. Market estimates and forecast, 2013 – 2024
5.2.4. Dashboard
5.2.4.1. Market estimates and forecast, 2013 – 2024
5.2.5. Others
5.2.5.1. Market estimates and forecast, 2013 – 2024
5.3. Infotainment
5.3.1. Market estimates and forecast, 2013 – 2024
5.3.2. Multimedia
5.3.2.1. Market estimates and forecast, 2013 – 2024
5.3.3. Navigation
5.3.3.1. Market estimates and forecast, 2013 – 2024
5.3.4. Telematics
5.3.4.1. Market estimates and forecast, 2013 – 2024
5.3.5. Others
5.3.5.1. Market estimates and forecast, 2013 – 2024
5.4. Powertrain
5.4.1. Market estimates and forecast, 2013 – 2024
5.4.2. Engine Management System
5.4.2.1. Market estimates and forecast, 2013 – 2024
5.4.3. Auto transmission
5.4.3.1. Market estimates and forecast, 2013 – 2024
5.5. Chassis & Safety
5.5.1. Market estimates and forecast, 2013 – 2024
5.5.2. Electric power steering
5.5.2.1. Market estimates and forecast, 2013 – 2024
5.5.3. ADAS/Autonomous driving
5.5.3.1. Market estimates and forecast, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automotive-transceivers-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.