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Automotive Ethernet Market Size to Hit US$ 5.86 Billion, Globally, by 2030 at 13.0% CAGR: RationalStat Market Report

According to the latest market study by RationalStat, the global automotive ethernet market is projected to reach US$ 5.86 billion by 2030, at a CAGR of 13%.Wilmington, Delaware, Oct. 20, 2023 (GLOBE NEWSWIRE) Global Automotive Ethernet Market size is valued at US$ 2.48 billion in 2023 and is predicted to rise at a substantial CAGR of 13% during the forecast period of 2023 and 2030 according to RationalStat analysis. Market Definition, Market Scope, and Report Overview The increased deploymen ....

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Automotive Ethernet Market by Component, Type, Bandwidth, Application, Vehicle Type and Region


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The automotive Ethernet market is projected to grow from USD 1.8 billion in 2020 to USD 5.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.9% from 2020 to 2026.
Major factors expected to drive the growth of the automotive Ethernet market include increasing demand for higher bandwidth, rise in deployment of ADAS and infotainment systems, rising vehicle production, and growing demand for passenger and safety and convenience. However, interoperability among components and application compatibility could pose challenges to market growth.
By component, the hardware segment to account for a higher market share during the forecast period ....

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