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Automotive Ethernet Market size is set to grow by USD 9.57 billion from 2024-2028, Increasing demand for high bandwidth and lightweight materials to boost the market growth, Technavio

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NEW YORK, Aug. 6, 2024 /PRNewswire/ — The global automotive ethernet market  size is estimated to grow by USD 9.57 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.08%  during the forecast period.  Increasing demand for high bandwidth and lightweight materials is driving market growth, with a trend towards use of ethernet to lay the backbone network of vehicles. However, oems skeptical about adopting ethernet in vehicles  poses a challenge. Key market players include ACTIA PCS, Amphenol Communications Solutions, Broadcom Inc., Cadence Design Systems Inc., Dasan Network Solutions, Infineon Technologies AG, Intrepid Control Systems Inc., Keysight Technologies Inc., Marvell Technology Inc., Microchip Technology Inc., Mouser Electronics Inc., NEXCOM International Co. Ltd., NXP Semiconductors NV, Realtek Semiconductor Corp., Rohde and Schwarz GmbH and Co. KG, Spirent Communications plc, System on Chip Engineering S.L., TE Connectivity Ltd., Tektronix Inc., and Texas Instruments Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Vehicle Type (Passenger cars and Commercial vehicles), Application (Cameras and ADAS, Infotainment, Diagnostics, and Network backbone), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

ACTIA PCS, Amphenol Communications Solutions, Broadcom Inc., Cadence Design Systems Inc., Dasan Network Solutions, Infineon Technologies AG, Intrepid Control Systems Inc., Keysight Technologies Inc., Marvell Technology Inc., Microchip Technology Inc., Mouser Electronics Inc., NEXCOM International Co. Ltd., NXP Semiconductors NV, Realtek Semiconductor Corp., Rohde and Schwarz GmbH and Co. KG, Spirent Communications plc, System on Chip Engineering S.L., TE Connectivity Ltd., Tektronix Inc., and Texas Instruments Inc.

Key Market Trends Fueling Growth

Ethernet’s address-based messaging feature makes it an attractive option for automotive backbone networks. Unlike CAN networks that use gateways for messaging, Ethernet switches can execute the same process without requiring software upgrades when network topologies change. Additionally, Ethernet networks can accommodate an unlimited number of devices, and multiple switches can be interconnected to expand network capacity. While the current 1TPCE standard may not be suitable for vehicle backbone networks, the enhanced RTPGE version can be used for future car designs. This capability to adapt and expand without software upgrades, combined with the increasing use of ethernet in automotive applications, is expected to fuel the growth of the Automotive Ethernet market during the forecast period. 

The Automotive Ethernet market is experiencing significant growth due to the increasing adoption of Ethernet networks in vehicles. Phy transceivers are key components of this technology, enabling high-speed data transfer for infotainment, autonomous vehicles, powertrain, chassis, body and comfort, and high bandwidth applications. Vehicle electromagnetic compatibility and immunity standards are crucial considerations to ensure reliable connectivity. Cost of cable and cabling weight are important factors in the automotive industry, making Ethernet an attractive alternative to traditional harnesses. Navigation systems, telematics, in-vehicle data communications, and IoT solutions are driving the demand for connectivity in vehicles. Automotive manufacturing plants are integrating Ethernet networks into passenger vehicles for safer and more efficient production processes. Autonomous driving requires HD maps, lane sizes, crosswalks, and road signs to be transmitted in real-time, making Ethernet an essential technology. Broadcom Incorporated, NXP Semiconductors NV, Microchip Technology Inc, and Texas Instruments Inc are major players in the Automotive Ethernet market. Safety and security are top priorities, with Euro NCAP and US NHTSA setting standards for connected vehicles. Software-defined vehicles (SDV) and Ethernet ports up to 10 Gbps are future trends. MEMS sensors, vehicle-to-everything (V2X) communications, and electronic control units are also driving the growth of the Automotive Ethernet market. HMI features, GDP growth, and the Indian market are also potential opportunities. 

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Market Challenges

The automotive industry has seen a significant increase in the use of electronics in vehicles, with modern luxury cars containing over 100 microprocessors and executing over 100 million lines of instructions. Electronics now account for 45% of the cost of a premium vehicle, and this figure is projected to reach 50% by 2030. However, the high initial cost of adopting new technologies, such as Automotive Ethernet, is a major concern for Original Equipment Manufacturers (OEMs). OEMs are hesitant to adopt new technologies due to shrinking margins, uncertainty, and the higher cost of ethernet compared to popular technologies like CAN and LIN. Few OEMs, such as Mercedes-Benz, are still using MOST instead of BroadR-Reach ethernet due to the uncertainty associated with a new technology used for critical vehicle functions. These factors may restrict the growth of the Automotive Ethernet market during the forecast period.The Automotive Ethernet market is experiencing significant growth due to the increasing demand for in-vehicle connectivity. Traditional wiring harnesses in automotive parts are being replaced by Ethernet technology for better communication between components. Leading automotive companies are investing in this technology for electric vehicles (EVs) and conventional vehicles alike. The federal government’s initiatives for CO2 emissions reduction and the technological development of chipsets and modules are driving this trend. However, challenges such as cybersecurity assaults and the need for charging infrastructure and lithium-ion batteries add complexity. The market can be segmented into vehicle type, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication, driver assistance, power train, body & comfort, and hardware sub-segment. Key players include NXP Electronics, and the market is estimated to grow despite the impact of lockdowns on auto manufacturers. Buyers and suppliers are looking forward to the benefits of Ethernet technology in infotainment systems, CAN LIN, and autonomous driving functionalities.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This automotive ethernet market report extensively covers market segmentation by

Vehicle Type1.1 Passenger cars1.2 Commercial vehiclesApplication 2.1 Cameras and ADAS2.2 Infotainment2.3 Diagnostics2.4 Network backboneGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Passenger cars-  The passenger car segment leads the global automotive ethernet market due to the rising demand for advanced safety features. With the electrification of mechanical components and the introduction of innovative safety, security, connectivity, and environmental technologies, the number of electronic control units (ECUs) in passenger vehicles has significantly increased. As a result, there is a growing need for reliable and high-speed data communication among these ECUs. Automakers are focusing on enhancing vehicle safety and are adopting advanced safety functions that require secure communications. This trend is driving the demand for automotive ethernet, which is expected to continue during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Automotive Advanced Driver Assistance System (ADAS) market is experiencing robust growth due to rising demand for safety features in vehicles. Key drivers include technological advancements and stringent government regulations. Concurrently, the global Automotive Wiring Harness Market is also expanding, driven by the increasing adoption of electric vehicles and advancements in automotive electronics. Both markets are witnessing significant investments from major players aiming to enhance vehicle safety, efficiency, and connectivity, making them pivotal in the evolution of the automotive industry.

Research Analysis

The Automotive Ethernet market refers to the use of Ethernet networks in vehicles for in-car communications. Ethernet Phy transceivers enable high-speed data transfer and real-time responses, making them ideal for automotive applications. However, vehicle electromagnetic compatibility and immunity standards pose challenges. The cost of Ethernet cables is higher than conventional wiring harnesses, but the benefits of in-vehicle connectivity, including improved infotainment systems and autonomous vehicle capabilities, outweigh the costs. Automotive parts manufacturers are integrating Ethernet networks into their systems, replacing traditional communication buses like CAN and LIN. Physical network connections are essential for the proper functioning of electronic components and systems within vehicles. The leading automotive companies are investing in Automotive Ethernet to enhance vehicle performance and safety.

Market Research Overview

The Automotive Ethernet market refers to the use of Ethernet networks in vehicles for in-car communications. Ethernet Phy transceivers enable high-speed data transfer, essential for applications like infotainment, autonomous vehicles, and connected services. Vehicle electromagnetic compatibility and immunity standards are crucial considerations to ensure proper functioning. The cost of cable and cabling weight are significant factors, as is the need for high bandwidth applications in vehicle components. In-vehicle data communications include navigation systems, telematics, and in-vehicle HMI features. Automotive manufacturing plants are integrating Ethernet networks into various vehicle systems, from powertrain and chassis to body and comfort. High bandwidth applications, such as HD maps for autonomous driving, require advanced technologies like MEMS and IoT solutions. Safety and security are paramount, with regulatory bodies like Euro NCAP and US NHTSA setting standards. Passenger vehicles, commercial vehicles, electric vehicles (EVs), and even software-defined vehicles (SDVs) are adopting Ethernet technology. The market’s growth is influenced by factors like GDP growth, technological development, and federal government initiatives. Key components include Ethernet ports, chipsets and modules, and lithium-ion batteries for EVs. Cybersecurity and carbon emissions reduction are also important considerations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Vehicle TypePassenger CarsCommercial VehiclesApplicationCameras And ADASInfotainmentDiagnosticsNetwork BackboneGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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POLLSTAR UNVEILS REFRESHED BRAND, DIGITAL TRANSFORMATION & ENHANCED DATA CAPABILITIES STRENGTHENING POSITION AS THE LEADING VOICE IN LIVE ENTERTAINMENT

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World’s Premiere Concert Platform To Rollout New Brand, New Website, Premium Digital Edition
& Greater Data Proficiencies

VenuesNow To Merge Under The Pollstar Brand

LOS ANGELES, Jan. 7, 2025 /PRNewswire/ — Pollstar, the trusted voice and leading resource for the live entertainment industry, is proud to announce a bold new chapter in its storied history. The new Pollstar will feature a refreshed brand reinvention, digital platform and data resources, while remaining the premier publication for the global live industry.

Pollstar, the world’s premiere concert platform, to rollout new brand and website, premium digital edition, and more.

As part of this transformation, and aligning with its sustainability commitment, beginning mid-February 2025 Pollstar will shift to a monthly print schedule and introduce a new weekly digital edition exclusively for subscribers to deliver timely reporting and personalized features. These leading-edge services will include predictive analytics and query-based global insights derived from Pollstar’s industry-leading database spanning the last 43 years of live entertainment. Rounding out the new offerings is a redesigned and streamlined website that will deliver faster access to breaking news, data, and analytics while also creating a seamless user journey for subscribers and casual visitors alike. These updates reflect Pollstar’s unwavering commitment to delivering unparalleled insights, analysis, and industry-leading reporting.

“Pollstar has been the most trusted resource for the live entertainment industry for decades, and this evolution marks an exciting new chapter,” said Andy Gensler, Editor-in-Chief, Pollstar. “Digital adoption has soared over the past decade fundamentally changing the way our subscribers and the larger consumer market engage with our content and data. With this new digital overhaul, we’re adapting to these shifts by leaning heavily into digital technology, data-driven personalization and a new enhanced website. These new features will allow us to deliver first-class editorial, reporting, and experiences that meet the needs of today’s industry professionals and live entertainment enthusiasts ensuring that Pollstar remains the Voice of Live for decades to come.”

As part of this transition, VenuesNow will merge into Pollstar, further strengthening Pollstar’s editorial excellence and expanding the VenuesNow brand reach through cutting-edge digital platforms. Pollstar subscribers will now enjoy VenuesNow content enabling readers to stay current on the ever-evolving venue side of the live industry ecosystem as venues continue to look to ways to enhance the artist and fan experience. Pollstar is upgrading its leading-edge live industry data with more streamlined reporting, integration of AI and in-depth industry analysis that will also include greater global market coverage. Additionally, Pollstar will remain committed to publish its special issues, including Impact 50, Women of Live, VN All-Stars and NextGen, as well as our industry-leading directories. 

Pollstar will continue to host its highly anticipated annual panels and conferences, which have long been a cornerstone of thought leadership and innovation in the live entertainment industry, including the upcoming Production Live!, Pollstar Live!, and VenuesNow Conference. As part of the rebrand, these events will be enhanced to deliver even greater value, including expanded opportunities for networking and collaboration, with upgraded programming and experiences. These enhancements reinforce Pollstar’s commitment to being the trusted industry leader and innovator in creating spaces where live professionals can come together to share insights, address challenges and shape the future of live entertainment.

Pollstar’s rebrand recognizes the rapidly evolving motivations and expectations of its subscribers and the increasing interest of live event enthusiasts to continue delivering exceptional reporting and multidimensional data insights. Pollstar remains committed to its pillars of data and innovation, leveraging enhanced capabilities to foster deeper connections with its audiences and stronger industry partnerships. These efforts will ensure Pollstar remains the go-to source for live entertainment while expanding its reach through digital channels and ensure it continues to lead the conversation in live entertainment for years to come.

For more information visit pollstar.com.

About Oak View Group
Oak View Group (OVG) is the global leader in live experience venue development, management, premium hospitality services, and 360-degree solutions for a collection of world-class-owned venues and a client roster of arenas, stadiums, convention centers, music festivals, performing arts centers, and cultural institutions. Founded by Tim Leiweke and Irving Azoff in 2015, OVG is the leading developer of major new venues either open or under development across four continents. Visit OakViewGroup.com, and follow OVG on Facebook, Instagram, LinkedIn, and X.

Pollstar Live!, the world’s premier gathering of live entertainment professionals, returns to the Beverly Hilton in Los Angeles on February 18-20, 2025. With over 30 years of history, this three-day event offers compelling discussions led by industry visionaries, beginning with Production Live! a full day dedicated to those “in the trenches” in live events. Starting Wednesday, Pollstar Live! takes center stage, delving into the most relevant and informative topics for live entertainment professionals. The conference will focus on artist development, data, research, and the visionary strategies driving the global live entertainment industry to unprecedented heights. A perennial highlight of the conference, the annual Pollstar Awards celebration will commemorate the year’s top achievements. Go to Pollstar.live to register and for the latest announcements about keynote speakers, panelists, session topics, and more.

About Pollstar
Since its founding in 1981, Pollstar, “The Voice of Live,” has been the premier publication dedicated to covering the worldwide concert industry. Pollstar data is the leading resource for the touring industry encompassing box office numbers, routing, and directories and produces the world’s largest gathering of live music industry professionals – Pollstar Live! and VenuesNow Conference. Follow Pollstar on Facebook, Instagram, X, and LinkedIn

Media Contacts:
Scoop Marketing for Oak View Group
Erik Stein / estein@solters.com
Larry Solters / solters@solters.com
Sam Threadgill / sthreadgill@solters.com

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SOURCE Oak View Group

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Stagwell (STGW) to Participate in the 27th Annual Needham Growth Conference

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NEW YORK, Jan. 7, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced Chairman and CEO Mark Penn will attend the 27th Annual Needham Growth Conference in New York City.

Penn will participate in a fireside chat on January 15, 2025, at 12:45 p.m. ET. Penn will also be available for 1×1 meetings with investors.

The fireside chat will be webcast and can be accessed here. The recording will be available for 90 days following the event.

Visit this page to view upcoming investor events and programming from Stagwell. Reach out to ir@stagwellglobal.com with questions.

About Stagwell 
Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 35+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com

IR Contact
Ben Allanson
ir@stagwellglobal.com

 

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SOURCE Stagwell Inc.

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Veteran Scripps leader Lyn Plantinga promoted to lead local media operations

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CINCINNATI, Jan. 7, 2025 /PRNewswire/ — The E.W. Scripps Company (NASDAQ: SSP) has promoted veteran Scripps local television leader Lyn Plantinga to the role of senior vice president of local media, effective immediately. In this role, Plantinga will lead local media operations, overseeing Scripps’ team of regional vice presidents.

Plantinga also will continue to serve as general manager for WTVF, Nashville’s CBS-affiliated local television station owned by Scripps.

She has served as regional vice president and general manager for the last year, overseeing Scripps’ local television stations in Nashville, Lexington, Cleveland, Buffalo and Cincinnati.

Plantinga will report to Dean Littleton, who was promoted to executive vice president of media broadcast operations last month.

“Lyn is a seasoned local media leader, committed to operational excellence, strong financial performance and leading teams to deliver quality, objective journalism,” Littleton said. “This new role will allow her to work closely with all of Scripps’ local stations, our employees and the communities Scripps serves.”

Plantinga got her start in broadcast television as an intern at WTVF more than 30 years ago. She held a number of leadership roles at the station – including assistant news director, national sales manager and station manager – before being named the station’s vice president and general manager in 2015.

NewsChannel 5 is the top-rated Nashville station in every local daypart and has generated strong connections in the community. Plantinga’s team has raised money to give more than 40,000 books to children in Title One schools in the area. After reporting on medical costs and their impact, the station purchased and eliminated more than $1.8 million in medical debt for their neighbors. NewsChannel 5’s “Safe Places” initiative led the way for new storm shelters in 48 Middle Tennessee counties. Under her leadership, WTVF also has been honored with the most prestigious awards in journalism, including national Peabody awards; Alfred I. duPont-Columbia University awards; the National Headliner Award; the National Edward R. Murrow Award; and several regional Murrow and Emmy awards.

Plantinga serves on the boards of the Scripps Howard Fund and the General Hospital Foundation, where she is past board chair. She is past board president of the Tennessee Association of Broadcasters, past news committee chair of the CBS Affiliates Board and has held board leadership positions with Second Harvest Food Bank, Adventure Science Center and Leadership Nashville. She holds a Bachelor of Arts degree from Vanderbilt University. 

Media contact: Molly Miossi, The E.W. Scripps Company, 513-977-3713, molly.miossi@scripps.com

About Scripps
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As one of the nation’s largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of more than 60 stations in 40+ markets. Scripps reaches households across the U.S. with national news outlets Scripps News and Court TV and popular entertainment brands ION, ION Plus, ION Mystery, Bounce, Grit and Laff. Scripps is the nation’s largest holder of broadcast spectrum. Scripps is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps’ long-time motto is: “Give light and the people will find their own way.”

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SOURCE The E.W. Scripps Company

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