Data Bus Market Report: Trends, Forecast and Competitive Analysis to 2030

Data Bus Market Report: Trends, Forecast and Competitive Analysis to 2030

Data Bus Trends and Forecast

The future of the global data bus market looks promising with opportunities in the marine, commercial aviation, military aviation, and automotive markets. The global data bus market is expected to reach an estimated $27.7 billion by 2030 with a CAGR of 4.9% from 2024 to 2030. The major drivers for this market are growing demand for high-speed data transfer, increasing adoption of cloud computing, and rising demand for data centers.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Data Bus by Segment

The study includes a forecast for the global data bus by component, protocol, end use, and region.

Data Bus Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software

Data Bus Market by Protocol [Shipment Analysis by Value from 2018 to 2030]:

• ARINC 429/629
• CAN
• TTP
• AFDC/ARINC 664
• MIL-STD-1553

Data Bus Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Marine
• Commercial Aviation
• Military Aviation
• Automotive
• Others

Data Bus Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Data Bus Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies data bus companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the data bus companies profiled in this report include-

• Amphenol
• Collins Aerospace
• Honeywell
• Infineon Tech
• Nexans
• Parker Hannifin
• Raytheon Tech
• Safran
• TE Connectivity
• The Boeing

Data Bus Market Insights

Lucintel forecasts that hadrware will remain the larger segment over the forecast period due to the higher cost of hardware components, such as cables, connectors, and micro couplers.

Within this market, commercial aviation is expected to remain the largest segment due to the increasing demand for commercial aircraft.

APAC will remain the largest region during the forecast period due to the presence of major electronics manufacturers and increasing demand for data buses from the marine, military, aviation and automotive markets.

Features of the Global Data Bus Market

Market Size Estimates: Data bus market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Data bus market size by component, protocol, end use, and region in terms of value ($B).

Regional Analysis: Data bus market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, protocols, end uses, and regions for the data bus market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the data bus market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the data bus market size?

Answer: The global data bus market is expected to reach an estimated $27.7 billion by 2030.

Q.2 What is the growth forecast for data bus market?

Answer: The global data bus market is expected to grow with a CAGR of 4.9% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the data bus market?

Answer: The major drivers for this market are growing demand for high-speed data transfer, increasing adoption of cloud computing, and rising demand for data centers.

Q4. What are the major segments for data bus market?

Answer: The future of the data bus market looks promising with opportunities in the marine, commercial aviation, military aviation, and automotive markets.

Q5. Who are the key data bus market companies?

Answer: Some of the key data bus companies are as follows:

• Amphenol
• Collins Aerospace
• Honeywell
• Infineon Tech
• Nexans
• Parker Hannifin
• Raytheon Tech
• Safran
• TE Connectivity
• The Boeing

Q6. Which data bus market segment will be the largest in future?

Answer: Lucintel forecasts that hadrware will remain the larger segment over the forecast period due to the higher cost of hardware components, such as cables, connectors, and micro couplers.

Q7. In data bus market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region during the forecast period due to the presence of major electronics manufacturers and increasing demand for data buses from the marine, military, aviation and automotive markets.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the data bus market by component (hardware and software), protocol (ARINC 429/629, CAN, TTP, AFDC/ARINC 664 , and MIL-STD-1553), end use (marine, commercial aviation, military aviation, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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