Automotive Transceivers Market Share, Trends, Forecast, 2018 – 2024

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North America Automotive Transceiver Market to
exceed USD 790 million by 2024
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Key Insights from Automotive Transceiver Market

• A rapid rise in the provision of advanced comfort
  infotainment features in vehicles by automakers
  across the globe is accelerating the automotive
  transceiver market growth. Growing integration of
  technically-advanced safety entertainment
  systems into newly developed automobiles requires
  a high number of interfaces and nodes to support
  these features.
• The integration of the Ethernet with in-vehicle
  networking technology is a major trend that will
  impact the expansion of the automotive
  transceiver market. The increasing complexity of
  in-vehicle networks and interconnected
  sub-systems require safe, structured, and
  efficient communication, creating a need for
  advanced components.
• FlexRay protocols in the automotive transceiver
  market are gaining a high adoption due to
  technical advancements and the evolution of
  robust in-vehicle networking in the automobile
  industry. These protocols have applications in
  several vehicle systems including
  high-performance powertrain and chassis safety
  solutions that incorporate several ECUs, which
  require efficient inter-system communication.

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Continued
The chassis safety applications accounted for
over 14 revenue share in 2017 in the automotive
transceiver market owing to the rapid
developments in technologies such as ADAS,
automated driving, and electric steering. These
systems mainly deploy the advanced protocols
including FlexRay and Ethernet due to the
provision on increased bandwidth and fast
connectivity features. Body electronics
applications in the automotive transceivers
market are gaining high popularity across the
globe and are expected to reach a revenue share
of around 30 by 2024 owing to the innovations in
control modules, dashboard, mirror units, etc.
The increasing demand for modernized vehicle
architecture and luxury features from consumers
across the U.S. and Europe is a major factor
adding up to the utilization of transceiver
protocols.
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5
U.S. automotive transceivers market, by
application, 2017 2024 (USD Million)

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Major Companies in Automotive Transceiver Market

• NXP Semiconductors,
• Infineon Technologies,
• Texas Instruments,
• STMicroelectronics,
• Broadcom, Inc.,
• Renesas Electronics,
• Mouser Electronics, Inc.,
• Analog Devices, Inc.,
• Cypress Semiconductor Corporation

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Industry Coverage

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Regional Insights in Automotive Transceiver
Market

• Asia Pacific automotive transceiver market is
  expected to grow at a CAGR of around 8 due to
  factors such as the presence of several system
  component producers and increased demand for
  electronic systems from the leading vehicle
  manufacturers in the region. The penetration of
  leading automobile OEMs into Japan and China is
  also creating a high demand for these products to
  be deployed in new vehicles. Moreover, the easy
  cheap availability of electronic raw materials in
  Asian countries is a factor that contributes to
  industry expansion. Various economies in the
  region are witnessing the development of luxury
  comfort features in modern vehicles, which
  further requires several ECUs and a high level of
  communication, adding up to the demand for
  transceiver protocols.

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