Quadintel published a recovery-based report for Global “Automotive Data Cables Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Global Automotive Data Cables Market is valued approximately at USD 5.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2020-2027.
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The recent technological developments (i.e., the integration of smart technologies such as AI and IoT devices) in automotive electronics system industry have enabled the automotive manufacturers to utilize advanced materials or equipment which helps to transfer electronic information from a source to a destination, as well as to improve the overall vehicle efficiency. It is extensively used in powertrain and infotainment & safety systems and the type of data cable is either copper or fiber optics. The use of data cable is further adopted over the conventional cables since it provides more consistent speed, which may strengthen the demand of automotive data cable market across the globe. Moreover, the rise in production and sales of automotive vehicles and premium vehicles, surging penetration of electronic systems in passenger cars, and increasing role of data connectivity for in-vehicle infotainment system are the few factors responsible for the high CAGR of the market during the forecast period.
For instance, in line with the International Organization of Motor Vehicle Manufacturers (OICA), the passenger cars production in Asia-Pacific was estimated 43.4 million units in 2018, demonstrating a surge from 24.6 million units in 2008. Likewise, as per the source, in 2017, nearly 11 million units of commercial vehicles are manufactured in America, which grew to just about 12 million units in 2018. This, in turn, is likely to strengthen the demand for automotive data cable, thereby contributing to the market growth around the world. However, the rising complexities in automotive electronic systems, coupled with the growth in cybersecurity threats for connected vehicles are the few factors restraining the market growth over the forecast period of 2020-2027.
The regional analysis of the global Automotive data cable market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the rising government support to implement high-speed data cables, along with the wide presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in production of passenger vehicles and luxury cars coupled with favorable regulatory framework for electric vehicles and connected cars in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the automotive data cable market in the Asia-Pacific region.
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Major market player included in this report are:
ACOME Group
Amphenol Corporation (Amphenol TFC)
Belden Inc.
Champlain Cable Corporation
Coficab Group
Condumex S.A. de C.V.
Coroplast Fritz Mller GmbH & Co. KG
Delphi Automotive PLC
Furukawa Electric Industries Ltd.
Gebauer & Griller Kabelwerke GesmbH (GG Group)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Cable Type:
Controller Area Network (CAN)
Controller Area Network Flexible Data-Rate (CAN-FD)
FlexRay
Ethernet
Low Voltage Differential Signaling (LVDS)/High Speed Data (HSD)
Coaxial cables
By Application:
Powertrain
Body control & comfort
Infotainment & communication
Safety & ADAS
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By Vehicle:
Passenger vehicles
Commercial vehicles
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each types and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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