![Global CAN Transceivers Market](https://res.cloudinary.com/devmoveo/image/upload/v1683702587/skyquest/gallery/Global-CAN-Transceivers-Market.jpg)
Report ID: SQMIG45K2078
Report ID:
SQMIG45K2078 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
59 |
Figures:
77
Due to the widespread use of CAN systems in the automobile sector and the concentration of significant manufacturers there, North America currently holds a leading position in the global market for CAN transceivers. Due to the presence of major automakers and the development of the automotive industry, the United States significantly contributes to the North American market. Due to the growing need for high-speed data transfer in automotive applications, the high-speed CAN transceivers market is prominent in this area.
Asia-Pacific is the region of the world market for CAN transceivers that is expanding at the highest rate. During the projection period, the area is anticipated to increase at a CAGR of over 7%. The region's CAN Transceivers market is expanding as a result of the rising demand for industrial and automotive automation in developing nations like China and India. The need for CAN transceivers in the Asia-Pacific area is also anticipated to increase as electric vehicle usage rises.
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Report ID: SQMIG45K2078