NEW
YORK, Aug. 14, 2024 /PRNewswire/ -- The
global automotive central gateway module market size is
estimated to grow by USD 1.28 billion
from 2024-2028, according to Technavio. The market is estimated to
grow at a CAGR of over 7.37% during the forecast period.
Increasing government support to promote evs is driving market
growth, with a trend towards development of integrated
cybersecurity solutions. However, low consumer awareness
toward advanced safety technologies inhibits revenue growth of cgm
poses a challenge. Key market players include Aptiv Plc,
Beijing Jingwei Hirain Technologies Co. Inc., Continental AG, DENSO
Corp., FEV Group GmbH, Flex Ltd., Hitachi Ltd., Infineon
Technologies AG, Lear Corp., MarkLines Co Ltd., MRS Electronic GmbH
and Co. KG, NXP Semiconductors NV, OMRON Corp., Panasonic Holdings
Corp., Renesas Electronics Corp., Robert Bosch GmbH,
STMicroelectronics International N.V., Tata Elxsi Ltd., TDK Corp.,
and Texas Instruments Inc..
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Automotive Central
Gateway Module Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
7.37%
|
Market growth
2024-2028
|
USD 1281.9
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
6.73
|
Regional
analysis
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
APAC at 44%
|
Key
countries
|
US, China, Germany,
Japan, and India
|
Key companies
profiled
|
Aptiv Plc, Beijing
Jingwei Hirain Technologies Co. Inc., Continental AG, DENSO Corp.,
FEV Group GmbH, Flex Ltd., Hitachi Ltd., Infineon Technologies AG,
Lear Corp., MarkLines Co Ltd., MRS Electronic GmbH and Co. KG, NXP
Semiconductors NV, OMRON Corp., Panasonic Holdings Corp., Renesas
Electronics Corp., Robert Bosch GmbH, STMicroelectronics
International N.V., Tata Elxsi Ltd., TDK Corp., and Texas
Instruments Inc.
|
Market Driver
The automotive industry's shift towards automated technologies
and electrification has brought cybersecurity to the forefront of
discussions. With the increased risk of hacking, the automotive
ecosystem is focusing on enhancing cybersecurity solutions for
modern vehicles. The Automotive Central Gateway Module (CGM) plays
a crucial role in secure data communication. In 2016, Infineon
Technologies AG and Argus Cyber Security collaborated to introduce
integrated cybersecurity solutions through CGM. This CGM includes
Infineon's AURIX multicore microcontroller and Argus' Intrusion
Detection and Prevention System (IDPS) and remote cloud platform.
IDPS is designed to detect and prevent malicious messages from
entering in-vehicle networks. The CGM also features an in-built
hardware security module (HSM) that safeguards in-vehicle software
and data communication. Additionally, this CGM offers enhanced
scalability and rich feature compatibility for the latest
connectivity solutions.
The Automotive Central Gateway Module market is experiencing
significant trends in the realm of Level 2 driving and active
safety systems. OEMs are prioritizing driver assistance
technologies to enhance consumer experience and ensure revenue
growth. The shift towards Level 4 autonomous vehicles is causing
delays, but manufacturers are leveraging technology to stay
competitive. Economic revival post-lockdowns is driving demand in
passenger cars, public transport, and commercial vehicles.
Diversifying product folios through advanced driver assistance
systems, infotainment, telematics, and vehicle electrification are
winning strategies. OEM preferences, supply chain disruptions, and
fluctuating prices intensify competition. Safety, comfort, and
control are key concerns, with data sharing and communication
becoming essential for vehicle connectivity. Electric vehicles,
vehicle weight, emissions, and infotainment systems are major areas
of focus. Powertrain and safety innovations continue to evolve,
while the integration of driver convenience and advanced driver
assistance systems is a priority. The market for central gateway
modules is expected to recover, with developing economies
presenting significant opportunities for revenue growth.
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Market Challenges
- The automotive central gateway module (CGM) market is
experiencing growth due to the increasing adoption of Advanced
Driver-Assistance Systems (ADAS) in vehicles. However, the market
growth is currently limited to premium car segments due to the high
cost and refinement stages of many ADAS technologies. These
technologies require advanced computing capabilities and flexible
CGMs that support various networking technologies and secure
external communication. To expand the market, it's crucial to
increase customer awareness of ADAS benefits. Currently, automotive
Original Equipment Manufacturers (OEMs) face challenges in
introducing these technologies to mass-segment vehicles due to
their high cost. To achieve economies of scale and reduce prices,
OEMs must focus on consumer education and creating demand for ADAS
technologies in the mass market.
- The Automotive Central Gateway Module (CGM) market faces
several challenges in the areas of Powertrain, Safety, Comfort,
Infotainment, Data sharing, Communication, Control, and Driver
convenience. These challenges include the integration of electric
vehicles and vehicle electrification, stringent regulations on
emissions, and the need for advanced driver assistance systems.
Additionally, the market must address the complexities of vehicle
weight, vehicle-to-vehicle and vehicle-to-infrastructure
communication, and the emergence of autonomous vehicles. Suppliers
must balance cost and innovation, navigating the active and
cutting-edge quadrants, while also considering the breadth of their
product offerings and product innovation. Novel technologies such
as artificial intelligence and machine learning are driving
manufacturing process improvements, but raw material and component
availability and cost remain concerns. The market's business
roadmap must be flexible to accommodate structural changes and
inorganic growth opportunities. Subsegments such as Light Duty
Vehicles (LDV) and Heavy Duty Vehicles (HDV) require unique
solutions. Overall, the CGM market requires a focus on scalability,
supplier bargaining, and product features to meet the demands of a
rapidly evolving industry.
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Segment Overview
This automotive central gateway module market report extensively
covers market segmentation by
- Application
- 1.1 Passenger cars
- 1.2 Commercial vehicles
- Type
- 2.1 LIN central gateway module
- 2.2 CAN central gateway module
- 2.3 Ethernet central gateway module
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Passenger cars- The passenger car segment
dominates the global automotive central gateway module (CGM) market
due to the increasing focus on safety and advanced features. With
the electrification of mechanical components and the introduction
of safety, security, connectivity, and environmental features, the
number of electronic control units (ECUs) in passenger vehicles has
risen significantly, making CGM essential for handling data
communication among them. Developed regions like North America and Europe, with strong safety standards and
regulations, lead the adoption of advanced driver-assistance
systems (ADAS) in passenger cars. Prominent automotive original
equipment manufacturers (OEMs) such as Audi
AG (AUDI), Daimler AG (Daimler), and BMW AG (BMW) are at the
forefront of automated technology adoption in the luxury car
segment. The luxury car market, driven by rising customer
expectations, competition, and government regulations, is
witnessing the adoption of new technologies like ethernet and
modern connectivity. The demand for secure internal and external
communication in luxury cars necessitates sophisticated CGM,
fueling the growth of the automotive CGM market during the forecast
period.
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analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Automotive Central Gateway Module (CGM) market is witnessing
significant growth due to the increasing demand for advanced
features in vehicles. CGMs act as a central hub for various vehicle
systems, including powertrain, safety, comfort, infotainment, data
sharing, communication, and control. With the rise of electric
vehicles, CGMs play a crucial role in vehicle electrification,
managing battery management systems and charging infrastructure.
Novel technologies such as artificial intelligence and machine
learning are being integrated into CGMs for improved driver
convenience, advanced driver assistance systems, and active safety
features. The market is witnessing structural changes with OEMs
focusing on revenue growth through the development of innovative
subsegments, such as Level 2 autonomous driving systems. CGMs also
facilitate data sharing and communication between vehicles and the
outside world, enabling real-time vehicle monitoring and remote
diagnostics. The manufacturing process for CGMs is undergoing
significant changes, with robotic efficiency and accuracy becoming
key priorities to meet the increasing demand for these advanced
modules. Despite the challenges posed by vehicle weight and
emissions regulations, the market for CGMs is expected to continue
its growth trajectory in the coming years.
Market Research Overview
The Automotive Central Gateway Module Market is a dynamic and
evolving sector, encompassing Powertrain, Safety, Comfort,
Infotainment, Data sharing, Communication, Control, and Driver
convenience systems. The market is driven by the demand for
advanced driver assistance systems, electric vehicles, and
autonomous vehicles. Vehicle electrification and telematics are key
trends, with vehicle-to-vehicle and vehicle-to-infrastructure
communication gaining traction. The market is complex, with
numerous subsegments, structural changes, and intense competition.
OEMs are prioritizing product innovation, scalability, and
inorganic growth to stay ahead. Novel technologies like artificial
intelligence and machine learning are revolutionizing manufacturing
processes, enhancing accuracy and consistency. The market is
segmented into Light Duty Vehicles (LDV) and Heavy Duty Vehicles
(HDV), with revenue growth expected in both segments. However,
supplier bargaining power, raw material costs, and supply chain
disruptions pose challenges. The market is divided into the Active
Quadrant, Cutting Edge Quadrant, Innovator Quadrant, and Emerging
Quadrant, with each focusing on different product types, processes,
and distribution channels. The market is influenced by economic
revival, public transport, passenger cars, and winning strategies
of key players. The market is expected to recover from the impact
of lockdowns and supply chain disruptions, with revenue growth
anticipated in the coming years. The future of the market lies in
Level 4 autonomous vehicles, active safety systems, and driver
assistance technologies.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Passenger Cars
- Commercial Vehicles
- Type
-
- LIN Central Gateway Module
- CAN Central Gateway Module
- Ethernet Central Gateway Module
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle 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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