Automotive Transceivers Market Size By Protocol (LIN, CAN, FlexRay, Ethernet), By Application (Body Electronics [Body Control Module, HVAC, Dashboard], Infotainment [Multimedia, Navigation, Telematics], Powertrain [Engine Management System, Auto Transmission], Chassis & Safety [Electric Power Steering, ADAS/Autonomous Driving]), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024

Automotive Transceivers Market Size

Automotive Transceivers Market size valued at over USD 4.5 billion in 2017 and will grow at a CAGR of over 6.5% from 2018 to 2024. The growing deployment of ECUs and electronic systems in automobiles owing to requirement for enhanced networking & communication between these systems is driving the market growth.

Increased demand for transceivers in modern vehicles is attributed to the efficient in-vehicle networking and the data exchanged between the control units & related systems. Moreover, the need for more efficient inter-network communication in high-end electronics systems such as ADAS, engine management systems, powertrain systems, etc., is a major factor that generates industry demand. These components offer several features to electronic systems such as increased fuel efficiency, low carbon dioxide emissions, and high quality, further creating growth prospects for the automotive transceivers market across the globe.
 

Increasing electronic system complexities will hamper the performance of LIN- and CAN-based products in the automotive electronics sector. The complex electronics systems require a high level of integration and communication between the subsystems & components, which is not fulfilled by conventional transceiver interfaces. The issue can be overcome by designing robust modules and the inclusion of highly integrated semiconductor technology.
 

Automotive Transceivers Market Analysis

LIN protocol valued at USD 1 billion in 2017, has experienced a high popularity in the automotive transceivers market led by deployment in the body electronics applications that include mirrors, accessories, power seats, etc. The increasing requirements for high-end body electronics to be deployed in modern passenger and luxury cars are creating a demand for LIN interfaces. These components offer cost-effective and cheaper communications in several automobile applications, which do not require high versatility. As a result, LIN interfaces are integrated into low-cost applications over alternatives such as CAN and FlexRay, driving the market demand.
 

CAN protocols are increasingly being deployed in passenger and commercial vehicles due to their usage in body electronics, powertrain, chassis & safety applications. The innovations in the overall automobile electronics industry such as the development of self-driving technologies, alternative powertrain solutions, and rugged architectures will also bolster the demand for these components.
 

Applications such as parking assistance, car security, etc., are witnessing the deployment of CAN interfaces in huge amounts owing to efficient communication provided between various ECUs. Moreover, manufacturers including Infineon Technologies, NXP Semiconductors, etc., are developing application-specific CAN interface solutions to be deployed in vehicle body parts, engine transmission systems, etc.
 

The powertrain automotive transceivers are anticipated to grow at a CAGR of over 4% from 2018 to 2024 impelled by need for low fuel consuming engines in modern vehicles. The increasing demand for low-emission and high-capacity engines across the global automobile industry is a major factor adding up to the utilization of CAN and FlexRay interfaces in the powertrain systems.
 

Moreover, the increasing production & consumption of EVs in the U.S., China, etc., has created a high demand for alternative powertrain solutions, further accelerating the market size. The industry players have developed several high-speed transceivers that are applicable in systems such as powertrain, chassis, and safety. For instance, NXP Semiconductors has introduced its multi-purpose CM0902 CAN transceivers that are applicable in various applications including automotive powertrain & safety, robotics, factory automation, etc.
 

Infotainment applications dominate the market share with around 35% on account of developments of multimedia, navigation, and advanced telematics solutions. The increasing focus on providing comfort and added vehicular connectivity through advanced infotainment systems contributes to the demand for these products.
 

Additionally, the auto suppliers have developed application-specific ECUs, creating a need for compatible transceiver components, further developing the market. The German automakers are increasingly consuming the infotainment systems and products due to development of luxury cars and innovations in these systems.
 

North America automotive transceivers market revenue is anticipated to reach USD 790 million by 2024 driven by development of automated mobility and driver assistance technologies in the automobile industry. The government regulations and policies in the U.S. that specify increased vehicle safety to support the reduction of road fatalities will contribute to industry growth.
 

Moreover, the stricter carbon dioxide emission policies for all industry verticals enforce OEMs to deploy electronic systems & components that comply with these regulations & legislation and support the low-pollution initiatives. These factors coupled with the increasing popularity of connected & innovative mobility solutions in the U.S. are contributing to industry expansion.
 

The Asia Pacific region dominates the industry with a revenue share of around 50% owing to presence of several automobile and electronic systems & component manufacturers in countries including China, Japan, South Korea, and India.
 

Automotive Transceivers Market Share

Key players in the automotive transceivers industry include

• Infineon Technologies AG
• NXP Semiconductors
• Texas Instruments
• STMicroelectronics
• Renesas Electronics Corporation
• National Instruments
• Analog Devices, Inc.
• Microchip Technology, Inc.
• Broadcom, Inc.
   

The companies are focused on developing highly innovative and compatible products to survive severe competition in the market. The players are currently working on developing transceiver modules that cater to the requirements of automated mobility technologies across the globe. Moreover, these companies focus on R&D activities to offer technical innovations to automotive Tier 2 suppliers and OEMs.
 

The automotive transceivers market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2013 to 2024, for the following segments:

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By Protocol

• LIN
• CAN
• FlexRay
• Ethernet
• Others

By Application

• Body Electronics
  • Body Control Module
  • HVAC
  • Dashboard
  • Others
• Infotainment
  • Multimedia
  • Navigation
  • Telematics
  • Others
• Powertrain
  • Engine Management System
  • Auto Transmission
• Chassis & Safety
  • Electric Power Steering
  • ADAS/Autonomous driving

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

South Africa