What is the global market size of the Automotive LIN Transceivers Market?

Global Automotive LIN Transceivers Market size was valued at USD 3.74 billion in 2021 and is poised to grow from USD 4.00 billion in 2022 to USD 6.82 billion by 2030, at a CAGR of 6.9% during the forecast period (2023-2030).

Automotive LIN Transceivers Market Size, Share, Growth Analysis, By LIN Type(LIN 1.x, LIN 2.x, and LIN 3.x), By Vehicle Type(Passenger cars, light commercial vehicles, and heavy commercial vehicles), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Automotive LIN Transceivers Market?

The Global Automotive LIN Transceivers Market is highly fragmented, with several small and large players operating in the market. Some of the key players in the market are focusing on various strategies such as mergers and acquisitions, partnerships, and collaborations to expand their market share and increase their global presence. Other notable developments in the market include the introduction of new LIN transceiver products by various players. These new products are designed to meet the growing demand for in-vehicle networking and communication systems in modern automobiles. 'NXP Semiconductors (Netherlands)', 'Texas Instruments (US)', 'STMicroelectronics (Switzerland)', 'Infineon Technologies (Germany)', 'Renesas Electronics (Japan)', 'Cypress Semiconductor (US)', 'ON Semiconductor (US)', 'Analog Devices (US)', 'Maxim Integrated (US)', 'Melexis (Belgium)', 'Microchip Technology (US)', 'TDK Corporation (Japan)', 'Robert Bosch (Germany)', 'Vishay Intertechnology (US)', 'ROHM Semiconductor (Japan)', 'Mitsubishi Electric (Japan)', 'TT Electronics (UK)', 'Nexperia (Netherlands)', 'Bourns (US)', 'Diodes Incorporated (US)'

Q: Which region accounted for the largest share in the Global Automotive LIN Transceivers Market?

In terms of regional insights, Asia-Pacific dominated the global automotive LIN transceivers market. The region is home to some of the world's largest automobile manufacturers and is also the largest market for electric and hybrid vehicles. Moreover, the growing demand for advanced safety systems and infotainment systems in vehicles is driving the demand for automotive LIN transceivers in the region. China, Japan, and South Korea are the major markets for automotive LIN transceivers in the region.

Report ID: SQMIG25A2104 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 63 | Figures: 75

Automotive LIN Transceivers Market News

In February 2021, NXP Semiconductors announced the release of a new LIN transceiver, the TJA1029. The transceiver is designed for use in automotive applications such as body electronics, lighting, and more.

In April 2021, STMicroelectronics announced the release of a new LIN transceiver, the L9678. The transceiver is designed for use in automotive applications such as door and window control, seat control, and more.

In May 2021, Texas Instruments announced the release of a new LIN transceiver, the TLIN2029-Q1. The transceiver is designed for use in automotive applications such as lighting, climate control, and more.

In September 2021, ON Semiconductor announced the release of a new LIN transceiver, the NCV7428. The transceiver is designed for use in automotive applications such as seat control, body electronics, and more.

Automotive LIN Transceivers Market Report Snapshots

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Automotive LIN Transceivers Market size was valued at USD 4.00 Billion in 2022 and is poised to grow from USD 4.28 Billion in 2023 to USD 7.29 Billion by 2031, at a CAGR of 6.9% during the forecast period (2024-2031).

The Automotive LIN Transceivers Market is highly fragmented, with several small and large players operating in the market. Some of the key players in the market are focusing on various strategies such as mergers and acquisitions, partnerships, and collaborations to expand their market share and increase their presence. Other notable developments in the market include the introduction of new LIN transceiver products by various players. These new products are designed to meet the growing demand for in-vehicle networking and communication systems in modern automobiles. 'NXP Semiconductors (Netherlands)', 'Texas Instruments (US)', 'STMicroelectronics (Switzerland)', 'Infineon Technologies (Germany)', 'Renesas Electronics (Japan)', 'Cypress Semiconductor (US)', 'ON Semiconductor (US)', 'Analog Devices (US)', 'Maxim Integrated (US)', 'Melexis (Belgium)', 'Microchip Technology (US)', 'TDK Corporation (Japan)', 'Robert Bosch (Germany)', 'Vishay Intertechnology (US)', 'ROHM Semiconductor (Japan)', 'Mitsubishi Electric (Japan)', 'TT Electronics (UK)', 'Nexperia (Netherlands)', 'Bourns (US)', 'Diodes Incorporated (US)'

With the growing demand for advanced comfort and convenience features in vehicles, such as power windows, smart mirrors, and automatic climate control, the need for reliable communication and networking systems is increasing. LIN transceivers are an important component in these systems, as they provide a low-cost and reliable communication solution for non-critical functions. For example, the LIN bus is used in the lighting control module of modern vehicles to control the headlamps, turn signals, and other lighting functions.

Increasing use of LIN in advanced driver assistance systems (ADAS): LIN transceivers are being used in ADAS systems such as parking assist, blind-spot detection, and rearview camera, which require reliable and low-cost communication between the various components.

In terms of regional insights, Asia-Pacific dominated the automotive LIN transceivers market. The region is home to some of the world's largest automobile manufacturers and is also the largest market for electric and hybrid vehicles. Moreover, the growing demand for advanced safety systems and infotainment systems in vehicles is driving the demand for automotive LIN transceivers in the region. China, Japan, and South Korea are the major markets for automotive LIN transceivers in the region.

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Automotive LIN Transceivers Market Size, Share, Growth Analysis, By LIN Type(LIN 1.x, LIN 2.x, and LIN 3.x), By Vehicle Type(Passenger cars, light commercial vehicles, and heavy commercial vehicles), By Region - Industry Forecast 2024-2031

Automotive LIN Transceivers Market News

Automotive LIN Transceivers Market Report Snapshots

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What is the market size of Automotive LIN Transceivers Market?

Who are the key vendors in the Automotive LIN Transceivers Market?

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Which region accounted for the largest share in Automotive LIN Transceivers Market?

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