Global Automotive Wireless Module Market 2024-2030

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    AUTOMOTIVE WIRELESS MODULE MARKET

     

    KEY FINDINGS

    1. Majority of the developments and new investments across the globe pertaining to connected car market are focused on software but the hardware providers will have to update their processor with higher speeds to support the cutting edge software
    2. US, which has 49% penetration of embedded connectivity is the largest market in terms of connected cars which can get in-car delivery and conveniently use them to automatically pay tolls, parking fees, and smart charging for electric vehicles.
    3. In Japan, Toyota Motor Corp. and Nissan Motor Co. risk being held back at their home market. Japanese consumers are reluctant to pay for such features. That has resulted in only 10 percent of cars on Japan’s roads having embedded connectivity
    4. Most of the car companies in china are providing  voice-controlled features on Navigation, AC, Sunroof, Multimedia system and phone where in US and Europe provide LTE services for faster Communication
    5. Among emerging markets like India witnessed the launch of mass segment e-sim equipped vehicles only in 2019 with Hyundai-KIA and MG(SAIC) at the forefront
    6. Sierra wireless has launched its new XR Series multi-network 5G routers, the XR90 and the XR80. 
    7. LG Innotek, developed an automotive WiFi module 6E which incorporates advanced wireless communication technology using 6 GHz bandwidth.
    8.  Ford has announced its plans to introduce the C-V2X module systems in all the new vehicles manufactured by the company from the year 2022.
    9. Quectel Wireless Solution announced the launch of new communication modules including the AG55OQ, AG215S automotive EAP module which is dedicated for C-V2X systems and the AF5OT WiFi module.
    10. Qualcomm Technologies Inc has announced joint venture with Jacobs and Peachtree Corners to deploy end-to-end smart solutions in the country’s smart city environment 
    11. Sierra Wireless has announced a joint venture with the companies Orange, STMicroelectronics and LACROIX to develop and launch the IoT Continuum 
    12. Teldat has announced the launch of its self-developed 3G/4G bus WiFi router series Teldat H2 Automotive+ 
    13.  Laird Connectivity, has announced partnership with Memfault to offer device observability platform and services to develop and produce the company’s low power cellular as well as bluetooth product line.

     

    AUTOMOTIVE WIRELESS MODULE MARKET SEGMENTATION

    Infographic: Automotive Wireless module market

     

     

    AUTOMOTIVE WIRELESS MODULE MARKET RECENT DEVELOPMENTS

    May 2021- the company Sierra wireless has launched its new XR Series multi-network 5G routers, the XR90 and the XR80. The XR series can be incorporated in a number of applications from mobile applications to other primary as well as temporary automotive services.

     

    March 2021- the company LG Innotek, a electronic component manufacturer based in South Korea developed an automotive WiFi module 6E which incorporates advanced wireless communication technology using 6 GHz bandwidth. The company estimated to commercialise the module by the end of the year 2022.

     

    October 2020- the automaker Ford has announced its plans to introduce the C-V2X module systems in all the new vehicles manufactured by the company from the year 2022.

     

    September 2020- the company Quectel Wireless Solution announced the launch of new communication modules including the AG55OQ, AG215S automotive EAP module which is dedicated for C-V2X systems and the AF5OT WiFi module.

     

    Sep 2019– Unex (specializes in V2X (vehicle-to-everything) systems), teamed up with semiconductor major STMicroelectronics to integrate Unex’s SOM-301 V2X System-on-Module onto STMicroelectronics’ Telemaco3P Modular Telematics Platform 

     

    Sep 2019– Trimble and Qualcomm Technologies will together produce precise-positioning solutions for select automotive applications. The companies will integrate Trimble’s RTX technology with select Qualcomm snapdragon Automotive 4G and 5G platforms

     

    Sep 2019– Synopsys has announced new functional safety based on another source of its DesignWare ARC processor IP to simplify and accelerate the development of automotive System-on-chips (SoCs)

     

    July 2019- Cohda Wireless, a connected autonomous vehicle company announced a new dedicated hardware solution(MK6C) for C-V2X applications.The company is promoting it for incorporation in large-scale field trials

     

    June 2019– HARMAN International  launched a new dual-mode V2X system, which will be available from  2021 model-year vehicles. It features software and hardware that can operate either with Harman’s telematics control units (TCUs) or as a standalone unit for vehicles utilizing separate TCUs.

     

    Feb 2018– Audi of America became the first auto manufacturer to launch a vehicle-integrated toll payment technology. The Integrated Toll Module, or ITM, is a toll transponder built into the vehicle’s rear-view mirror

     

    AUTOMOTIVE WIRELESS MODULE MARKET DYNAMICS

    • As of June 2021, the company Qualcomm Technologies Inc has announced joint venture with Jacobs and Peachtree Corners to deploy end-to-end smart solutions in the country’s smart city environment which will be powered by connected vehicle technology as well as infrastructure with the C-V2X technology. As a part of the venture, Qualcomm will provide its C-V2X technology solution and Jacobs will manage the installation and commission the project delivery.
    • As of June 2021, Sierra Wireless has announced a joint venture with the companies Orange, STMicroelectronics and LACROIX to develop and launch the IoT Continuum to accelerate the digital transformation in the automotive markets.
    • In March 2021, Qualcomm is supporting the UMTRI (Transportation board of Michigan state) with its project for smart intersections in order to demonstrate improved automotive technology for safety of pedestrians using the C-V2X technology. The USDOT has announced an award worth $9.9 million to be matched by the project participants which includes Qualcomm.
    • Spain based Teldat Group has announced the launch of its self-developed 3G/4G bus WiFi router series Teldat H2 Automotive+ to enhance the on board services for cars as well as buses. It provides connectivity for trucks, fire engines, ambulances and police vehicles.
    • In the US, Top Selling Ford vehicles like F150, Escape, Explorer, Edge, Fusion are provided with 4G LTE WIFI hotspot powered by Ford Pass app and has 8-inch touch screen Display as Standard. Most of these vehicles have Android Auto and Apple car Play as Standard on Higher trim.
    • In China ,on Geely`s best-selling cars like Boyue, Emgrand, Binyue, Jiaji,  e-Sim Options are provided on higher trims but Mobile interconnect services like Apple car play and Baidu car life is not Provided. Haval(Great Wall Motors) cars like H6(best-selling SUV in China), F7 are provided with e-Sim on higher trims. H6 get Mobile interconnect services like Apple car Play and Baidus car life as option on higher trims. These cars are equipped with 8 inch and 9-inch center console touch display as standard on higher trims. 
    • In Volkswagen( the market leader in China) Baidu’s car life is optional on  Lavida, Sagitar, Bora, Jetta, Passat and Magotan 
    • In terms of smartphone connectivity, various connectivity systems of OEMs exist, such as MirrorLink, mySPIN, Smart Device Link/AppLink and OpenCar. MirrorLink from CCC (which includes VW, Peugeot, Honda and others) mirrors the device display to the vehicle display via a cable

    AUTOMOTIVE WIRELESS MODULE MARKET SIZE AND FORECAST

    The automotive wireless module market is a small derivative of global connected car market

     

    The automotive wireless communication module market in China is estimated to install approximately XX million units by the end of the year 2025, growing at the rate of XX%.

     

    As of March 2021, China is leading the way to deploy C-V2X systems with automakers already implementing the technology in their vehicle. Almost 90 cities have partnered with Qualcomm to deploy roadside units (RSUs), C-V2X is expected to be deployed in approximately half of the vehicles by the end of 2025 in China.

     

    The country also plans to begin the testing for the 5G NR-V2X technology by the year 2025 as a part of the Smart Vehicles Innovation Development Strategy.

     

    The company Qualcomm Incorporated announced the fiscal results of the company for the third quarter of 2021. The revenue of the company for Q3 of the year 2021 was $8.06 billion where in the year 2019, the company recorded a revenue of $4.89 billion for the same quarter.

     

    The whopping low revenue was attributed due to the COVID-19 pandemic which has resulted in a global semiconductor shortage causing the supply chain across many sectors to disrupt and cause economic instability. After recovering the company in this quarter increased their revenue by approximately 65%.

     

    The company along with leading the transition to 5G, are on the path to deliver $10 billion revenue for the fiscal year annually across IoT, RF front-end as well as automotive sector modules to diversify their business.

     

    The company Murata Wireless Innovations announced their Q1 results for the year 2021 with net sales of JPY 439.6 billion, which was an increase by 34.5% year-on-year in net sales by 2020.

     

    The sale increased primarily due to the recovery in the automotive sector. Out of the net sales reported by the company as a whole, the wireless module systems contributed JPY 99.9 billion in the first quarter of 2021, The sales increased by 1.7% for these modules.

     

    The global automotive cellular IoT module system shipments have increased by 9% in the fiscal year 2020-2021, but decreased during the third and fourth quarter of 2020 by 6% due to the COVID-19 pandemic causing disruptions in the economy.

     

    Only the countries Japan and South Korea saw an increase in the module shipments during the year 2020. The number of IoT module units shipped from the manufacturing units of the major players amounted to 265 millions for the year 2020.

     

    AUTOMOTIVE WIRELESS MODULE MARKET NEW PRODUCT LAUNCH

    For use with Kustom Signals moving RADAR, Kustom Signals, Inc. is happy to announce the availability of our new Wireless Speed Sense module. The Raptor RP-1, Eagle II family, as well as the moving Falcon HR and Talon when used with its POD mount, can now benefit from the same wireless features that Kustom Signals’ Eagle 3 traffic safety RADAR uses in its proprietary wireless vehicle speed detect module.

     

    The wireless speed sensing module offers a number of well-liked advantages, such as an impartial assessment of the Doppler patrol speed that gets rid of typical RADAR abnormalities like shadowing, batching, and combining.

     

    It permits the well-liked capability for automatic mode transition from stationary to moving operations and vice versa. It also enables the RADAR to instantly display patrol and target speeds when coming out of HOLD.

     

    The 88Q9098 family of automotive wireless SoCs from NXP is the first Wi-Fi 6 solution available on the market. It is based on the most recent IEEE 802.11ax standards and supports dual-mode Bluetooth 5.3 and 2×2 plus 2×2 concurrent dual Wi-Fi. In the increasingly crowded automotive environment, it is getting harder to deliver dependable and high-performance wireless communication.

     

    The new 88Q9098 combo solution extends leadership in offering complete Wi-Fi 6 solutions by enabling gigabit-level performance, greater dependability, and enhanced security for the automobile.

     

    Ground-breaking concurrent dual Wi-Fi architecture creates a new standard in technology by combining two full Wi-Fi subsystems onto a single SoC and enabling the simultaneous and full-throughput operation of two independent 2×2 data streams.

     

    AUTOMOTIVE WIRELESS MODULE MARKET COMPETITIVE LANDSCAPE

    Partnership between Car manufacturers and semi-conductor companies if the #1 trend in the connected car market. Qualcomm Technologies and Ford Motor company are working together for the development of advanced connectivity systems for Ford vehicles and testing (C-V2X) technology.

     

    The company Laird Connectivity, leader in wireless technology has announced partnership with Memfault a cloud-based company to offer device observability platform and services to develop and produce the company’s low power cellular as well as bluetooth product line.

     

    The company has also announced partnership with Software AG to enable the adoption of POC systems for production of integrated solutions rapidly.

     

    The companies Gosuncn Technology Group Co. as well as Quectel Wireless Solutions Co have both introduced automotive communication modules which will expand the telematics sector.  

     

    The US department of transportation has been moving towards creating a connected car market which is safer and more intelligent. However, the Federal Communication Commission (FCC) has announced their transition from the DSRC (dedicated short range communication) systems to the C-V2X for the V2X communication modules in the US.

     

    The future of connected car technology will rely on the advantage of crowd-sourced data and AI technologies, to stream content data/ faster rate and be much more intuitive than present gen systems.

     

    Automotive wireless module manufacturers are increasing their dollar content per vehicle  due to ongoing integration of ADAS with car connectivity.   In the next three years, Harman will increase production of digital cockpit units (DCUs) and TCUs from the Chakan, India  from its current 200,000 units to over 2.5 million units annually.

     

    AUTOMOTIVE WIRELESS MODULE MARKET COMPANY PROFILES

    1. Qualcomm Technology
    2. Cypress Semiconductor Corporation
    3. Murata wireless innovations
    4. Laird Connectivity
    5. Alps Electric
    6. Lesswire
    7. Intellias
    8. Elektrobit
    9. Ignite outsourcing
    10. Infopulse
    11. Micropross
    12. Wireless-tag
    13. Sierra wireless
    14. Etechcomponents
    15. Marvell Semiconductor
    16. LM technologies 

     

    AUTOMOTIVE WIRELESS MODULE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. The most important in-car connectivity trends, by vehicle segment
    2. Important partnerships and developments in wireless modules that will affect the outlook of the global connected car market
    3. Size of automotive wireless module market per annum in top 10 EV markets globally, 2024-2030
    4. Average B-2-B price of wireless module in US, Europe and China
    5. Upcoming high-volume platforms and their wireless module configuration
    6. OE-supplier alignment in automotive wireless module market
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2024
    21 Product installation rate by OEM, 2024
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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