PUBLISHER: QYResearch | PRODUCT CODE: 1141999
PUBLISHER: QYResearch | PRODUCT CODE: 1141999
Due to the COVID-19 pandemic, the global Controller Area Network(CAN) market size was value at US$ 393.85 million in 2021 and is forecast to be a readjusted size of US$ 731.02 million by 2028 with a CAGR of 7.46% during the forecast period 2022-2028.
The global main manufacturers of Controller Area Network(CAN) include NXP Semiconductor, Texas Instruments, Infineon Technologies, onsemi, Analog Devices, Microchip Technology, STMicroelectronics, MaxLinear, Renesas Electronics, Silicon IoT, Chipanalog, Novosense Microelectronics, Elmos Semiconductor, Guangzhou Zhiyuan Electronics, CAES, Huaguan Semiconductor, etc. In 2021, the global five largest players have a share approximately 72.54% in terms of revenue.
The North America Controller Area Network(CAN) market size was US$ 63.07 million in 2021, while China was about US$ 139.04million. The proportion of the China was 35.30% in 2021 and it is predicted that the share will reach 40.08% in 2028, trailing a CAGR of 9.16% through the analysis period (2022-2028). As for the Europe Controller Area Network(CAN) landscape, Germany is projected to reach US$ 29.87 million by 2028.
Fully considering the economic change by the COVID-19, Max Data Rate 1Mbps accounting for 49.64% of the Controller Area Network(CAN) global market in 2021, is projected to value US$ 328.74 million by 2028, growing at a revised 6.01% CAGR from 2022 to 2028. While Automotive segment is altered to a 9.18% CAGR throughout this forecast period and will hold a share about 55.12% in 2028.
The global Controller Area Network(CAN) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Controller Area Network(CAN) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.