North America Automotive Ethernet Market Size & Outlook
The automotive ethernet market in North America is expected to reach a projected revenue of US$ 1,316.5 million by 2030. A compound annual growth rate of 16.1% is expected of North America automotive ethernet market from 2024 to 2030.
Revenue, 2023 (US$M)
$463.3
Forecast, 2030 (US$M)
$1,316.5
CAGR, 2024 - 2030
16.1%
Report Coverage
North America
North America automotive ethernet market highlights
- The North America automotive ethernet market generated a revenue of USD 463.3 million in 2023.
- The market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 463.3 million |
| Market revenue in 2030 | USD 1,316.5 million |
| Growth rate | 16.1% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
| Key market players worldwide | Broadcom Inc, Marvell, Microchip Technology Inc, NXP Semiconductors, Texas Instruments Inc, Cadence Design Systems Inc, TE Connectivity Ltd, Infineon Technologies AG, Toshiba Electronic Devices & Storage Corporation, Intrepid Group |
Other key industry trends
- In terms of revenue, North America region accounted for 18.4% of the global automotive ethernet market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 2,999.8 million by 2030.
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Automotive Ethernet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NXP Semiconductors | View profile | 10001+ | Eindhoven, Noord-Brabant, The Netherlands, Europe | https://www.nxp.com |
| Intrepid Group | View profile | 251-500 | Melbourne, Victoria, Australia, Oceania | http://www.intrepidgroup.travel/ |
| Marvell | View profile | 5001-10000 | Santa Clara, California, United States, North America | https://www.marvell.com/ |
| TE Connectivity Ltd | View profile | 90000 | Muhlenstrasse 26, Schaffhausen, Switzerland, CH-8200 | https://www.te.com |
| Toshiba Electronic Devices & Storage Corporation | View profile | - | Minato, Chiba, Japan, Asia | https://toshiba.semicon-storage.com |
| Microchip Technology Inc | View profile | 22600 | 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 | https://www.microchip.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Cadence Design Systems Inc | View profile | 11200 | 2655 Seely Avenue, Building 5, San Jose, CA, United States, 95134 | https://www.cadence.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
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