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%.
Browse the full report description of "Global In-Vehicle Ethernet System Market Size, Share & Trends Analysis Report by Vehicle Type (Passenger Cars, Commercial Vehicles, and Farming & Off-Highway Vehicles) by Applications (Advanced Driver Assistance Systems (ADAS), Infotainment, On-Board Diagnostic, and Others) Forecast, 2019-2025" 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 EVadoption. 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%.
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
By Applications
Global In-Vehicle Ethernet System Market – Segmentation by Region
North America
Europe
Asia-Pacific
Rest of the World
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