Market Insights
The global automotive data cables market is estimated to grow from USD 8.15 billion in 2023 and is likely to grow at a CAGR of 10.34% during 2022-2028 to reach USD 13.24 billion by 2028.
Market Drivers
Major factors such as the emergence of autonomous vehicles, the growing popularity of vehicle telematics, the increasing contribution of electronic systems in passenger cars, and the increasing role of data connectivity for in-vehicle infotainment and V2V communication are driving the growth of the market.
Global Automotive Data Cables Market – Snapshot
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Market Growth
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CAGR of 10.34%
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Major Cable Type
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Controller Area Network Flexible Data-Rate [CAN-FD]
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Major Vehicle Type
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Passenger Vehicles
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Major Application Type
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Infotainment & Communication
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The region with the highest demand
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Asia-Pacific
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Key Players
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ACOME Group, Amphenol Corporation, Belden Incorporated, Champlain Cable Corporation, Coficab Group, Condumex S.A. de C.V., Coroplast Fritz Muller GmbH & Co. KG, Delphi Automotive PLC, Furukawa Electric Industries Ltd., Gebauer & Griller Kabelwerke GesmbH (GG Group), General Cable Technologies Corporation.
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What are automotive data cables?
Automotive Data Cables are used in vehicle lighting, signals, and instrument panel circuits. The market is growing in powertrain, body control, and comfort applications.
Segment Analysis
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Cable Trends
The market is segmented as Controller Area Network [CAN], Controller Area Network Flexible data rate [CAN-FD], FlexRay, Ethernet, and Low Voltage Differential Signaling (LVDS)/High-Speed Data (HSD) and Coaxial Cables. Controller Area Network Flexible data rate [CAN-FD] is estimated to account for the major share of the market during the forecast period. Traditional CAN automotive data cables produce a limited network which restricts data production to 1 Mbit/s but Controller Area Network Flexible Data-Rate [CAN-FD] supports dual bit rates and data bit-rates up to 5 Mbit/s which increases the market growth during the forecast period.
Vehicle Trends
The market is segmented into passenger vehicles and commercial vehicles. The passenger vehicles segment is estimated to witness high growth in the market during the forecast period on account of the growing demand and rising incorporation of new digital features in passenger cars.
Application Trends
The market is segmented as powertrain, body control & comfort, infotainment & communication, and safety & ADAS. Infotainment & communication is estimated to witness high growth in the automotive data cables market as the segment provides excellent entertainment facilities and offers advanced technologies such as vehicle parking systems and GPS that are expected to drive the market growth during the forecast period.
Region Analysis
Asia-Pacific is estimated to be the leading region in the global market during the forecast period on account of the increasing demand for high-speed data cable which is derived from high vehicle production in the regional automotive hubs. China has the largest market for automotive data cables. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Market Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
Global Automotive Data Cables Market Research Report - Features
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Market Segmentation
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4
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The global automotive data cables market is segmented into the following categories:
By Cable Type:
- Controller Area Network [CAN]
- Controller Area Network Flexible Data-Rate [CAN-FD]
- FlexRay
- Ethernet
- Low Voltage Differential Signaling (LVDS)/High-Speed Data (HSD)
- Coaxial Cables
By Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
By Application Type:
- Powertrain
- Body Control & Comfort
- Infotainment & Communication
- Safety & ADAS
By Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
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Key Players
Some of the key players in the global .automotive data cables market are-
- ACOME Group
- Amphenol Corporation
- Belden Incorporated
- Champlain Cable Corporation
- Coficab Group
- Condumex S.A. de C.V.
- Coroplast Fritz Muller GmbH & Co. KG
- Delphi Automotive PLC
- Furukawa Electric Industries Ltd.
- Gebauer & Griller Kabelwerke GesmbH (GG Group)
- General Cable Technologies Corporation.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
The following are the key features of the report:
- Overview, industry life cycle analysis, supply chain analysis
- Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Trend and forecast analysis
- Segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the vehicle types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.