Automotive Communication Technology Market Set for Rapid Growth to Reach CAGR of Over 18.7% by 2026 - Intel, Microchip

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Automotive Communication Technology Market is accounted for $5.22 billion in 2017 and is expected to reach $24.39 billion by 2026 growing at a CAGR of 18.7% during the forecast period. Factors such as rising contribution of electronic systems in passenger cars, government mandates and industry norms to reduce emission and improve the safety of vehicles are fuelling the market growth. However, more complexity and less reliability of electronics architecture are hampering the market.

Major Key Players of the Automotive Communication Technology Market are:
Texas Instruments, Intel, Microchip, Toshiba, Xilinx, on Semiconductor, Robert Bosch, Rohm Semiconductor, Infineon, Broadcom, Cypress Semiconductor, NXP, Continental, Renesas, Melexis, Stmicroelectronics, Elmos Semiconductor, Qualcomm, Vector Informatik and Maxim Integrated.

 Read More @ https://www.openpr.com/news/2048318/automotive-communication-technology-market-set-for-rapid 

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