Report ID: SQMIG25E2113
Report ID:
SQMIG25E2113 |
Region:
Global |
Published Date: November, 2024
Pages:
223
|
Tables:
119 |
Figures:
76
Anticipated to exhibit consistent growth, North America's automotive ethernet market is poised for expansion attributed to the escalating adoption of electric vehicles (EVs) and plug-in electric vehicles (PHEVs) across the region. These innovative vehicles heavily depend on robust and high-speed communication networks to facilitate efficient power management, real-time battery monitoring, and seamless integration of advanced functionalities.
The surge in passenger vehicle production stands as a pivotal driver propelling market growth across the Asian-Pacific Region. Renowned automakers such as Mercedes-Benz, Ford, and Volkswagen are strategically initiating expansive plans within India. These strategies aim to optimize manufacturing capacities and augment output, effectively narrowing the supply-demand gap within the local market. The implementation of these robust expansion plans is expected to significantly elevate the demand for time-sensitive in-vehicle networking components within the Indian automotive landscape.
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Report ID: SQMIG25E2113