An essential component of connectivity in a car is said to be the automotive connectivity control unit. The data is communicated and transported to the outside world through the automotive connectivity control unit. In automated autos, communication between vehicles and between vehicles and infrastructure must be controlled by the unit. The potential for connected automobiles to change the automotive sector is enormous. Already, a number of automakers provide drivers with convenience features like connected mapping, internet radio, concierge, and emergency dispatch, among others. Automotive wireless and electronics technology has advanced significantly during the past few years. Automobiles are enabling drivers to extend the driving experience beyond conventional vehicle transportation because of advancements in these technologies, changing lifestyles, and gadget convergence.
The market for automotive connectivity control units is anticipated to reach US$ 58.9 billion in 2022 and develop at a CAGR of 10.5 percent to US$ 11.7 billion between 2022 and 2032.
Market Dynamics for Automotive Connectivity Control Units
The need for automotive connectivity control units is thought to be primarily driven by the increasing popularity of linked cars. One of the key reasons driving demand for automotive connectivity control units during the forecast period is the increasing implementation of strict rules in various nations regarding the safety of vehicle occupants.
Key Participants
- Robert Bosch GmbH
- STMicroelectronics
- Continental AG
- Hyundai Autron
- Denso Corporation
- Infineon Technologies AG
