Global Controller Area Network (CAN) Market Report, History and Forecast 2017-2028
Market Analysis and Insights: Global Controller Area Network(CAN) Market
Due to the COVID-19 pandemic, the global Controller Area Network(CAN) market size was value at US$ 393.85 million in 2021 and is forecast to be a readjusted size of US$ 731.02 million by 2028 with a CAGR of 7.46% during the forecast period 2022-2028.
The global main manufacturers of Controller Area Network(CAN) include NXP Semiconductor, Texas Instruments, Infineon Technologies, onsemi, Analog Devices, Microchip Technology, STMicroelectronics, MaxLinear, Renesas Electronics, Silicon IoT, Chipanalog, Novosense Microelectronics, Elmos Semiconductor, Guangzhou Zhiyuan Electronics, CAES, Huaguan Semiconductor, etc. In 2021, the global five largest players have a share approximately 72.54% in terms of revenue.
The North America Controller Area Network(CAN) market size was US$ 63.07 million in 2021, while China was about US$ 139.04million. The proportion of the China was 35.30% in 2021 and it is predicted that the share will reach 40.08% in 2028, trailing a CAGR of 9.16% through the analysis period (2022-2028). As for the Europe Controller Area Network(CAN) landscape, Germany is projected to reach US$ 29.87 million by 2028.
Fully considering the economic change by the COVID-19, Max Data Rate 1Mbps accounting for 49.64% of the Controller Area Network(CAN) global market in 2021, is projected to value US$ 328.74 million by 2028, growing at a revised 6.01% CAGR from 2022 to 2028. While Automotive segment is altered to a 9.18% CAGR throughout this forecast period and will hold a share about 55.12% in 2028.
Global Controller Area Network(CAN) Scope and Market Size
The global Controller Area Network(CAN) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Controller Area Network(CAN) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
NXP Semiconductor
Texas Instruments
Infineon Technologies
onsemi
Analog Devices
Microchip Technology
STMicroelectronics
MaxLinear
Renesas Electronics
Silicon IoT
Chipanalog
Novosense Microelectronics
Elmos Semiconductor
Guangzhou Zhiyuan Electronics
CAES
Huaguan Semiconductor
Segment by Type
Max Data Rate 1Mbps
Max Data Rate 5Mbps
Max Data Rate 8Mbps
Others
Segment by Application
Automotive
Industrial Application
Aerospace & Defense
Building Automation
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
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