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The automotive data cables market has experienced rapid growth, increasing from $7.22 billion in 2023 to $8.1 billion in 2024, with a CAGR of 12.1%. This growth is driven by advanced automotive systems. The market is expected to reach $12.23 billion in 2028, with a CAGR of 10.9%, fueled by augmented reality integration. Major trends include high-speed data cables and modular solutions.

The automotive data cable market is poised for growth propelled by the increasing adoption of electric and hybrid vehicles. Electric and hybrid vehicles feature advanced connectivity features such as vehicle-to-vehicle communication and telematics, relying on reliable data transfer facilitated by automotive data cables. With sales of electric vehicles doubling in 2021 and reaching a record high, as reported by the Department of Energy, the demand for automotive data cables is expected to escalate, driven by the imperative to support the growing adoption of electric and hybrid vehicles.

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What Are The Key Trends That Influence Automotive Data Cables Market Share Analysis?

Product innovation is a major trend in the automotive data cable market. Major companies are developing innovative products to maintain their market positions. For example, in June 2022, Japan Aviation Electronics Industry Ltd. launched the MX74 Series, a high-performance connector compliant with automotive Ethernet standards, aimed at reducing vehicle weight with unshielded twisted pair (UTP) wires.

Which Market Players Are Driving Growth In The Automotive Data Cables Market?

Major companies operating in the market are Sumitomo Electric Industries Ltd,Prysmian Group, BorgWarner Inc., Furukawa Electric Co Ltd., Belden Inc., Gebauer And Griller, HUBER+SUHNER, COFICAB Group, ACOME Group, Axon Cable, UKB Electronics, Rosendahl Nextrome, Guangzhou ZhuJiang Cable Co. Ltd., Zhaolong Interconnect, Condumex S.A. de C.V., Champlain Cable Corporation, Sikora, Coroplast Fritz Müller GmbH & Co. KG, Waytek wire, Caledonian Cable, General Cable Technologies Corporation, KBE Elektrotechnik GmbH, LEONI AG, ITC Thermo Cable GmbH, Automotive Interconnect Solutions, Flexon Cables, Siechem, RR Kabel.

How Is The Global Automotive Data Cables Market Segmented?

The automotive data cables market covered in this report is segmented –

1) By Cable: Controller Area Network (CAN), Low Voltage Differential Signaling (LVDS) Or High Speed Data (HSD), FlexRay, Ethernet, Controller Area Network Flexible Data-Rate (CAN-FD), Coaxial Cables
2) By Vehicle: Passenger Vehicles, Commercial Vehicles
3) By Application: Safety And Advanced Driver-Assistance Systems (ADAS), Body Control And Comfort, Infotainment And Communication, Powertrain

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The Automotive Data Cables Global Market Report 2024 provides an overview of the automotive data cablesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive data cables market forecast analyzes automotive data cables market size, automotive data cables market share, leading competitor and their market positions.

The Table Of Content For The Automotive Data Cables Market Include

1. Automotive Data Cables Market Executive Summary
2. Automotive Data Cables Market Segments
3. Automotive Data Cables Market Size And Template Market Growth Rate
4.  Key Automotive Data Cables Market Trends
5. Major Automotive Data Cables Market Drivers
……
25. Key Mergers And Acquisitions In The Automotive Data Cables Market
26. Top Automotive Data Cables Companies
27. Automotive Data Cables Market Opportunities And Strategies
28. Automotive Data Cables Market, Conclusions And Recommendations
29. Appendix

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