According to the market research report “Next Generation In-Vehicle Networking (IVN) Market: By Standards (LIN,CAN, Others) By Components (Wiring, Relays, Switches, Sensors Memory, Others) By Applications(Infotainment, Climate Control, Navigation, Driver Assistance System)-Forecast (2017-2022)”, published by IndustryARC, estimates that Asia-Pacific will be the fastest growing region during the forecast period.
In-vehicle networking is the connection of different proprietary domain auto networks, which is used in most of the vehicles to fulfill the requirements of drivers and passengers. The necessary components of in vehicular networks are Ethernet switches, COTS silicon, remote management services, LAN, WLAN, LBS, Ethernet adaptation. In vehicle networking can be used in many applications such as infotainment, climate control, navigation and driver assistance systems. The increasing demand for mobility and connectivity in consumer electronics and testing services is the main key growth driver of the Next Generation In-Vehicle Networking Market.
Scope & Regional Forecast of the Next Generation In-Vehicle Networking Market
The infotainment and telematics systems are playing very important role in vehicles by proving information along with the entertainment. They are interconnected and also connected with other systems such as GPS & entertainment systems.This application is expected to grow at a high rate in Next Generation In-Vehicle Networking Market.
Among all the segmentations, passenger car is expected to hold the largest share during the forecast period. The increase in vehicle production is expected to drive the market for cost and energy efficient solutions such as automotive network. However, lack of seamless and uninterrupted connectivity is restraining the Next Generation In-Vehicle Networking Market growth.
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Asia-Pacific is holding the largest share of Next Generation In-Vehicle Networking Market, by having maximum market share in terms of vehicle production and sales. Also, Asia-Pacific is expected to be the fastest growing region as it is evolved into the largest producer and consumer of automobiles. North America and Europe are also expected to register healthy growth during the forecast period.
Segmentations & Key Players Involved in the Next Generation In-Vehicle Networking Market
The Next Generation In-Vehicle Networking Market can be broken down into various segmentations on the basis of –
- Standards: LIN, CAN, Flex-Ray and MOST.
- Components: Wiring, Relays, Switches, Baseband Processor, Micro controller, Sensors, Memory and Others.
- Applications: Infotainment, Climate Control, Navigation and Driver Assistance Systems (DAS).
- Region: Americas, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Next Generation In-Vehicle Networking Market are as follows:
- Agilent Technologies
- Daimler AG
- Renault SA
- Yazaki Corporation
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