![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
Global CAN Transceivers Market size was valued at USD 1.87 Billion in 2022 and is poised to grow from USD 2.02 Billion in 2023 to USD 3.71 Billion by 2031, at a CAGR of 7.90% during the forecast period (2024-2031).
The purpose of the CAN Transceivers market is to provide efficient and reliable communication solutions for the CAN protocol, which enables the transfer of data between various electronic devices and systems. CAN transceivers are used to convert the digital signals from a microcontroller or processor into a physical signal that can be transmitted over a communication network. In the automotive industry, CAN transceivers are used to enable communication between various electronic control units (ECUs) in a vehicle, such as the engine control unit, transmission control unit, and body control module. Market elements including drivers, trends, constraints, and opportunities were discovered, and the influence of these factors was analysed to determine the market growth.
US CAN Transceivers Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45K2078