Automotive Data Cables Market
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The global automotive data cables market was valued at USD 8.1 billion in 2024 and is set to a CAGR of over 11.5% from 2025 to 2034. Increasing integration of electronic systems in automobiles along with introduction of standards and measures for safety across auto industry is complementing the industry landscape. Moreover, favorable government initiatives to enhance infrastructure through vehicle to vehicle and vehicle to infrastructure technologies increased the demand for electronic components, further shaping the industry landscape.
The global expansion of manufacturing facilities by prominent automotive companies, including Ford Motors, Toyota, Daimler, Volkswagen and Audi, has accelerated the demand for automotive data cables, further augmenting the business dynamics. This expansion strategy has also helped these companies optimize production costs, reduce delivery times, and better adapt their vehicles to regional preferences and regulations, contributing to the industry growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| Automotive Data Cables Market size in 2024: | USD 8.1 Billion |
| Forecast Period: | 2025 – 2034 |
| Forecast Period 2023 - 2032 CAGR: | 11.5 |
| 2023 Value Projection: | USD 23.8 Billion |
| Historical Data for: | 2021 – 2024 |
| No of Pages: | 115 |
| Tables, Charts & Figures: | 32 |
| Segments Covered: | Cable, Vehicle, Application, and Region |
| Growth Drivers: |
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| Pitfalls Challenges: |
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Automotive data cables industry is anticipated to grow owing to the increasing cybersecurity threats to connected vehicles are driving the market growth. Data vulnerability in automobiles has led to a demand for enhanced cybersecurity measures coupled with stringent regulations by the authorities across automotive industry is complementing the industry landscape. The complex software systems in connected vehicles, while providing advanced functionality, have created more entry points for malware attacks. Moreover, government initiatives supporting production and helping companies meet consumer demand enable manufacturers to develop and test new technologies for improved vehicle security will augment the industry outlook.
The CAN-FD segment is anticipated to cross over USD 7 billion by 2034, owing to companies are making investments toward enhancing its technology. The ability to transmit data more efficiently, reducing transmission times compared to traditional protocols will further augment the product deployment. Manufacturers continue to refine and upgrade CAN-FD solutions to meet increasing demands for faster data communication in automotive and industrial applications further augmenting the product demand.
The powertrain segment is anticipated to witness a CAGR of over 10.5% through 2034. Automotive manufacturers are incorporating advanced electronic devices and circuits to meet high data requirements driven by technological advancements, further complementing the industry outlook. The modern powertrain system operates through an onboard computer network that monitors and manages its functions. The increasing demand for electric vehicles is creating new opportunities in the powertrain sector, which will positively contribute to the industry growth.
The U.S. automotive data cables market is set to reach USD 2 billion by 2034. The automotive industry's transition toward electrification has generated substantial growth in data cables along with shifting consumer preferences for electric vehicles. Original Equipment Manufacturers (OEMs) in the automotive industry have shifted toward sophisticated electronic components and circuits to address the expanding data requirements that emerge from ongoing technological developments further augmenting the industry landscape.
Ongoing transformation in the powertrain landscape reflects broader changes in automotive manufacturing, where traditional mechanical systems integrate with advanced electronic controls to enhance vehicle performance and efficiency. Onboard computer networks form the backbone of contemporary powertrain systems, enabling comprehensive monitoring and management capabilities further contributing to the industry growth.
Companies in the automotive data cables industry including Prysmian, Leoni, Belden, Amphenol, Furkawa, and Nexans maintain substantial market share. Their market position stems from comprehensive product portfolios, technological capabilities, and continuous innovation. These companies provide reliable solutions across multiple sectors, including renewable energy, telecommunications, and automotive industries.
Major players operating across the industry include:
Market Insights, By Cable
Market Insights, By Vehicle
Market Insights, By Application
The above information has been provided for the following regions and countries:
Key players in the industry include ACOME, Amphenol, Aptiv, Belden, Champlain, Coficab, Condumex, Coroplast, Furukawa, Gebauer, Huber, ITC Thermo, Lear, Leoni, Prysmian, Salcavi, Sumitomo, Waytek, and Yazaki.
The U.S. automotive data cables market is projected to reach USD 2 billion by 2034, led by the automotive industry's shift toward electrification and increasing consumer preference for electric vehicles.
The powertrain segment is anticipated to grow at a CAGR of over 10.5% through 2034, supported by the adoption of advanced electronic devices to meet high data requirements and the rising demand for electric vehicles.
The global market for automotive data cables was reached USD 8.1 billion in 2024 and is projected to grow at a CAGR of 11.5% from 2025 to 2034, driven by the increasing integration of electronic systems in vehicles.
The CAN-FD segment is expected to surpass USD 7 billion by 2034, as it offers faster and more efficient data transmission compared to traditional protocols, meeting the growing demand for advanced communication technologies.