Automotive Data Cable Market is to grow at a CAGR of 11.5 percent during the forecast period

(USGovernment-News.Com, June 01, 2023 ) The “Automotive Data Cable Market” was valued at USD 6.9 Bn in 2022 and is expected to grow at a CAGR of 11.5 percent over the forecast period to reach USD 16.48 Bn by 2029.

Automotive Data Cable Market Scope and Research Methodology

The report is a detailed analysis of the Automotive Data Cable Market covering all the major aspects such as segments, country-wise, and region-wise. The bottom-up approach was used to estimate the Automotive Data Cable market size. The primary and secondary research method was used to gather data from the Automotive Data Cable market.

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Automotive Data Cable Market Dynamics

Demand for electric and hybrid vehicles is increasing day by day, which is expected to boost the market growth over the forecast period. Automotive Data Cable are able to handle high voltage and power requirements. Innovation in the design of automotive data cables along with high production is expected to drive market growth.

Automotive Data Cable Market Regional Insight

Asia Pacific region is expected to boost the Automotive Data Cable market growth over the forecast period. Increased demand for electronic components with advanced technology is expected to boost the regional market growth.

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Automotive Data Cable Market Segmentation

By Cable Type:

Ethernet

Controller Area Network Flexible Data-Rate (CAN-FD)

Controller Area Network (CAN)

Low Voltage Differential Signaling (LVDS)/High Speed Data (HSD)

FlexRay

Coaxial Cable

By Vehicle Type:

Passenger Vehicles

Commercial Vehicles

By Application:

Safety and ADAS

Body Control and Comfort

Infotainment and Communication

Powertrain

Automotive Data Cable Market Key Players Include

ACOME Group

Furukawa electric co., LTD

Belden Inc

Champlain Cable Corporation,

Prysmian Group

Condumex S.A. de C.V.

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Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

Cable Joints Market : The market size is expected to reach USD 16.7 Bn by 2029 at a CAGR of 6.1 percent during the forecast period.

Sewer Cable Market : The total market size is expected to reach USD 113.32 Mn by 2029 at a CAGR of 3.5 percent over the forecast period.

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