Automotive data cables market size for the North American region is likely to amass over 30% of the total industry share through 2027. The growth can be owed to the intense number of innovations as well as deployments pertaining to C-V2X technologies in the region.
The constant influx of innovations and integrations across in-vehicle infotainment infrastructures will accelerate the automotive data cables market trends through the coming years. There is a surging requirement for reliable data connectivity and uninterrupted data transmission in automotive components like chipsets, telematics, and devices. This has led to increasing developments in advanced driving and V2V communication systems.
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Several OEMs are deploying auto data cables to come up with component integrations to offer Car-to-X communication. This is because the cables can work with high bandwidth levels to integrate sensors and safety systems like cameras, LiDAR & radar. There is a noticeable rise in the integration of advanced sensors, as well as safety and assistance systems into the vehicle computers. Various public and private initiatives have also been formed to introduce autonomous vehicles with C-V2X infrastructure.
Industry share of Controller Area Network (CAN) cables is pegged to register a dominant revenue share over the next few years due to their continuous adoption in in-vehicle electronic networking solutions. There is a growing demand for connected electronic devices that work on point-to-point wiring systems. Owing to this, the CAN cables are highly preferred by vehicle manufacturers to render seamless communication between microcontrollers and devices without the use of any host computer.
Demand for automotive data cables in passenger vehicles is estimated to bring a significant revenue through 2027. This is owing to the rising penetration of advanced in-vehicle infotainment systems. To quote an instance, Denso Corporation, a leading auto manufacturer, collaborated with Blackberry Limited in September 2019 to launch an advanced digital cockpit system, called Human Machine Interface (HMI).
Application of automotive cables in the safety & ADAS sector could witness an exponential rise in the next few years. This can be attributed to the jump in the number of accidents and fatalities. This has pushed the automotive companies to incorporate advanced safety as well as ADAS systems into their vehicular offerings. There is an incessant need for high-speed data transmission platforms by these components to provide a rapid response from the vehicle systems. Furthermore, the adoption of robust data cables is assisting these enterprises to facilitate the effective functioning of the systems.
Leading automotive data cable suppliers are incorporating various strategies for partnerships, acquisitions, and global expansions to reinforce their market position. For instance, ACOME Groupe introduced a new automotive cable production facility in Morocco in January 2018. This helped the firm to attain nearly 25% of the overall cable production for the automotive industry in the EMEA region.
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Partial Chapter of the Table of Content
Chapter 5 Automotive Data Cables Market, By Cable
5.1 Key trends, by cable type
5.2 Controller Area Network (CAN)
5.2.1 Market estimates and forecast, 2016 – 2027
5.3 Controller Area Network Flexible Data-Rate (CAN-FD)
5.3.1 Market estimates and forecast, 2016 – 2027
5.4.1 Automotive Data Cables Market estimates and forecast, 2016 – 2027
5.5.1 Market estimates and forecast, 2016 – 2027
5.6 Low Voltage Differential Signaling (LVDS)/High Speed Data (HSD)
5.6.1 Market estimates and forecast, 2016 – 2027
5.7 Coaxial cables
5.7.1 Market estimates and forecast, 2016 – 2027
Chapter 6 Automotive Data Cables Market, By Vehicle Type
6.1 Key trends, by vehicle type
6.2 Passenger vehicles
6.2.1 Automotive Data Cables Market estimates and forecast, 2016 – 2027
6.3 Commercial vehicles
6.3.1 Market estimates and forecast, 2016 – 2027
Chapter 7 Automotive Data Cables Market, By Application
7.1 Key trends, by application
7.2.1 Market estimates and forecast, 2016 – 2027
7.3 Body control & comfort
7.3.1 Market estimates and forecast, 2016 – 2027
7.4 Infotainment & communication
7.4.1 Market estimates and forecast, 2016 – 2027
7.5 Safety & ADAS
7.5.1 Automotive Data Cables Market estimates and forecast, 2016 – 2027
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