PUBLISHER: QYResearch | PRODUCT CODE: 1317614
PUBLISHER: QYResearch | PRODUCT CODE: 1317614
The global market for Automotive NAD Modules was estimated at US$ 1437 million in the year 2022, is projected to reach a revised size of US$ 3203 million by 2029, growing at a CAGR of 12.42% during the forecast period 2023-2029.
North American market for Automotive NAD Modules was valued at $ 181 million in 2022 and will reach $ 421 million by 2029, at a CAGR of 13.19% during the forecast period of 2023 through 2029.
Asia-Pacific market for Automotive NAD Modules was valued at $ 808 million in 2022 and will reach $1823 million by 2029, at a CAGR of 12.32 % during the forecast period of 2023 through 2029.
Europe market for Automotive NAD Modules was valued at $ 439 million in 2022 and will reach $ 944 million by 2029, at a CAGR of 12.4 % during the forecast period of 2023 through 2029.
In terms of different types of modules, in recent years, 5G module components have occupied a major market share. In 2023, the 5G module market share will be nearly 60%. As enterprises continue to develop new 5G modules, the growth rate of 5G modules will exceed 10% in the next six years.
The cellular NAD module plays a very important role in the entire link of vehicle electronic applications, and is the link of equipment sensing and information service center. At the same time, the application environment of automotive-grade modules is complex, and the requirements for product reliability, stability, and high and low temperature resistance are higher. Therefore, the global automotive NAD module market is relatively concentrated. The market share of the top 5 companies in the world exceeds 77%.
The intelligent networked automobile industry is an industry encouraged by the state. In the future, with the popularization of the Internet of Vehicles in many aspects, it will play an important role in driving the NAD module in the field of Internet of Vehicles.
This report aims to provide a comprehensive presentation of the global market for Automotive NAD Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive NAD Modules.
The Automotive NAD Modules market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automotive NAD Modules market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Automotive NAD Modules market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report covers the Automotive NAD Modules segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2018-2022, 2023-2029), considering 2022 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.