The global automotive data cables market was valued at USD 7.0 billion in 2022 and it is anticipated to grow further till USD 20.0 billion by 2032, at a CAGR of 11.1% during the forecast period.
Automotive data cables are the type of cables that are used to transfer data. The increasing use of connected cars coupled with the increasing availability of smart vehicle infotainment system is boosting the demand for the automotive data cables market. Moreover, increasing popularity of autonomous vehicle is led to the increasing requirement of data cables, which is likely to influence the growth of the automotive data cables market.
Download Sample of Report : https://www.globalinsightservices.com/request-sample/GIS24632
Market Trends and Drivers
The increasing contribution of electronic systems in passenger cars coupled with emergence of autonomous vehicles is anticipated to boost the growth of the market. Moreover, rise in sales of premium vehicles and growing popularity of vehicle telematics along with increasing role of data connectivity for in-vehicle infotainment and V2V communication is likely to refuel the growth of the market.
Market Restraints and Challenges
The increase in cybersecurity threats for connected vehicles coupled with rising complexities in automotive electronics architecture is anticipated to hinder the growth of the market.
Buy Now : https://www.globalinsightservices.com/checkout/single_user/GIS24632
Global Automotive Data Cables Market Segmentation
By Cable
- Controller Area Network
- Controller Area Network Flexible Data-Rate
- FlexRay
- Ethernet
- Low Voltage Differential Signaling/High Speed Data
- Coaxial Cables
Major Players in the Global Automotive Data Cables Market
The key players studied in the report are ACOME Group, Aptiv PLC, Belden Incorporated, Coficab group, Condumex S.A. de C.V., Coroplast, Amphelone Corporation, General Cable Technologies Corporation, Furukawa Electric Industries Ltd., Champlain Cable Corporation, among others.
Get a customized scope to match your need, ask an expert : https://www.globalinsightservices.com/request-customization/GIS24632
Reasons to buy Automotive Data Cables Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
New Report Published by Global Insight Services : https://www.globalinsightservices.com/reports/hydrogen-projects-database/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/