Automotive Data Cables Market

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Automotive Data Cables Market is expected to be
USD 9 billion by 2027
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Industry Overview

• 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.
• 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.
• Estimates reveal that the global automotive data
  cables market size will reach over USD 9 billion
  in yearly remuneration by 2027.

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Continue

• 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.

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Automotive Data Cables Market

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