Automotive Data Cable Trends and Forecast
The future of the global automotive data cable market looks promising with opportunities in the safety & ADAS, body control & comfort, infotainment & communication, and powertrain markets. The global automotive data cable market is expected to reach an estimated $13.5 billion by 2030 with a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are increase in demand for efficiency and lower energy consumption in modern vehicles, rising demand of autonomous and connected vehicle technology, and growing adoption of these cables in the production of electric cars.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automotive Data Cable by Segment
The study includes a forecast for the global automotive data cable by cable type, vehicle type, application, and region.
Automotive Data Cable Market by Cable Type [Shipment Analysis by Value from 2018 to 2030]:
• Flexray
• Ethernet
• Controller Area Network Flexible Data-Rate
• Controller Area Network
• Low Voltage Differential Signaling/High Speed Data
• Coaxial Cables
Automotive Data Cable Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Vehicles
• Commercial Vehicles
Automotive Data Cable Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Safety & ADAS
• Body Control & Comfort
• Infotainment & Communication
• Powertrain
• Others
Automotive Data Cable Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automotive Data Cable Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive data cable companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive data cable companies profiled in this report include-
• Prysmian
• Sumitomo Electric Industries
• Coroplast Fritz Müller
• Borgwarner
• Acome
• Coficab
• Amphenol
Automotive Data Cable Market Insights
Lucintel forecasts that flexray is expected to witness the highest growth over the forecast period due to high bandwidth and fault tolerance.
Within this market, powertrain will remain the largest segment.
North America is expected to witness highest growth over the forecast period due to strong demand of electric vehicles in the region.
Features of the Global Automotive Data Cable Market
Market Size Estimates: Automotive data cable market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive data cable market size by cable type, vehicle type, application, and region in terms of value ($B).
Regional Analysis: Automotive data cable market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different cable types, vehicle types, applications, and regions for the automotive data cable market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive data cable market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive data cable market size?
Answer: The global automotive data cables market is expected to reach an estimated $13.5 billion by 2030.
Q2. What is the growth forecast for automotive data cable market?
Answer: The global automotive data cable market is expected to grow with a CAGR of 10.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive data cable market?
Answer: The major drivers for this market are increase in demand for efficiency and lower energy consumption in modern vehicles, rising demand of autonomous and connected vehicle technology, and growing adoption of these cables in the production of electric cars.
Q4. What are the major segments for automotive data cable market?
Answer: The future of the automotive data cable market looks promising with opportunities in the safety & ADAS, body control & comfort, infotainment & communication, and powertrain markets.
Q5. Who are the key automotive data cable market companies?
Answer: Some of the key automotive data cable companies are as follows:
• Prysmian
• Sumitomo Electric Industries
• Coroplast Fritz Müller
• Borgwarner
• Acome
• Coficab
• Amphenol
Q6. Which automotive data cable market segment will be the largest in future?
Answer: Lucintel forecasts that flexray is expected to witness the highest growth over the forecast period due to high bandwidth and fault tolerance.
Q7. In automotive data cable market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to strong demand of electric vehicles in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive data cable market by cable type (flexray, ethernet, controller area network flexible data-rate, controller area network, low voltage differential signaling/high speed data, and coaxial cables), vehicle type (passenger vehicles and commercial vehicles), application (safety & ADAS, body control & comfort, infotainment & communication, powertrain, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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