The global Next Generation In-Vehicle Networking (IVN) Market is expected to US$ 18.1 billion in 2020 and is expected to exhibit a CAGR of 13.5% during the forecast period.
The Major Player included in the next generation In-vehicle networking (IVN) market are Bosch, Visteon, Harman, NXP, Wurth Elektronik, Yazaki corporation, Acome, Arcent Inc., Agilent Technologies, AISiN AW Co Ltd, Analog Devices and Broadcom.
In-Vehicle Networking (IVN) or Communication bus is the backbone of distributed control systems in Vehicle. To match up with the distinctive requirements of drivers and passengers and also in order to change to environment-friendly and control fuel-consumption, current vehicles are integrating revolutionary electronics and softwares. Many electronic control units (ECU) are linked by multiple in-vehicles Networks (IVN) variation in communication protocol, transmission speed as per the features and elements necessary for each application, transforming information and regulating control to enable to execute additional functions.
Jun 2020 Bosch is to pool its software and electronics teams into a new single “cross-domain computing solutions” which the company said is expected to grow by 15% annually between now and 2030. A vehicle already contains some 100 million lines of software code. The trend toward more sophisticated electronics and more software results in a considerable increase in the complexity of automotive engineering. Hence the goal of the new division will be to reduce this complexity through cross-domain software and electronics solutions. In addition, it will aim to get new vehicle functions on the road significantly faster. To achieve this, Bosch has assigned software, electrical, and electronics engineers from the areas of driver assistance, automated driving, car multimedia, powertrain and body electronics to the new unit. Hartung said, “Bosch is an automotive electronics pioneer. Moreover, for quite some time now, it has also been a software company. And in the future as well, Only a company with wide-ranging electronics and software expertise will be in a position to shape the future of mobility.
The global tier-1 supplier Visteon announced June2020 the debut of its cockpit technology for Hyundai's new Creta SUV, further enhancing its regional supplier position in the digital cluster segment in India. As per the release, Visteon’s cluster comes with standard 3.5-inch mono and the customer-specific 7-inch supervision thin-film transistor (TFT) variants. It offers all custom platform features – from critical driver information to telltale indicators and warnings. NXP Unlocks in Jan 2020 the Full Potential of Vehicle Data with the S32G Automotive Network Processors which gives Enable modern service-oriented gateways for rapid Over-the-Air (OTA) deployment of new capabilities and advanced edge-to-cloud analytics. Deliver 10x more processing and networking performance with ASIL D functional safety to support autonomous driving applications. Accelerate shift to simplified domain and zonal-based vehicle architectures and provide customers with reference system solutions.
Market segmentation classified By Vehicle Type includes Passenger Car, LCC, HCV and AGV. By Application it has been Powertrain, Safety, Body Electronics, Chassis and Infotainment. By region it has divided into North America, Europe, Asia-Pacific and Middle East & Africa. North America is expected to show significant growth during the forecast period, owing to countries such as the U.S. which has highest GDP in the world.