Home > Energy & Power > Wire and Cable > Automotive Data Cables Market
Automotive Data Cables Market Size
- Report ID: GMI4924
- Published Date: Oct 2022
- Report Format: PDF
Automotive Data Cables Market Size
Automotive Data Cables Market size valued at USD 7 billion in 2022 and is anticipated to grow at over 10% CAGR from 2023 to 2032
The widespread incorporation of electronic systems in automobiles is likely to accelerate product penetration. Notably, the proliferation of connected vehicles and supportive government collaborations to improve infrastructure for connected vehicles via technologies, including Vehicle to Vehicle (V2V) and Vehicle to Infrastructure (V2I), is primed to fuel the deployment of electronic components in a vehicle, strengthening the automotive throttle cables market outlook.
Moreover, the majority of premium automobile companies operating in the market, such as Ford Motors, General Motors Company, Toyota Motor Corporation, Volkswagen AG, Audi AG, and Daimler AG, have been expanding their manufacturing facilities globally. This has increased sales of their premium and luxury vehicles.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Automotive Data Cables Market Size in 2022: | USD 7 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 10% |
| 2032 Value Projection: | USD 20 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 279 |
| Segments covered: | Cable, Vehicle, Application, and Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Automotive Data Cables Market Scope
