Overview and Scope
Multi-domain controller refers to high-end microprocessors that drive multiple features and functions in a vehicle. These are used in vehicles to provide the necessary computing power to run the driver cluster, infotainment system, and other user interfaces for the vehicle.
Sizing and Forecast
The multi-domain controller market size has grown exponentially in recent years. It will grow from $3.51 billion in 2023 to $4.58 billion in 2024 at a compound annual growth rate (CAGR) of 30.4%. The growth in the historic period can be attributed to increasing demand for electric vehicles, increasing complexity of automotive electronics, rise of connected vehicles, focus on enhanced user experience, growing automotive industry.
The multi-domain controller market size is expected to see exponential growth in the next few years. It will grow to $12.46 billion in 2028 at a compound annual growth rate (CAGR) of 28.5%. The growth in the forecast period can be attributed to autonomous vehicle development, increasing demand for sustainable mobility, global emphasis on vehicle safety, shift toward mobility as a service (maas), focus on cybersecurity. Major trends in the forecast period include integration of multiple domains, increased connectivity and communication, advanced sensor fusion, edge computing and ai integration, cybersecurity measures, standardization and interoperability.
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Segmentation & Regional Insights
The multi-domain controller market covered in this report is segmented –
1) By Bus System: Controller Area Network (CAN) And Can FD(Controller Area Network Flexible Data-Rate), Ethernet, Flexray, Local Interconnect Network (LIN)
2) By Bit Size: 32-Bit, 64-Bi, 128-Bit
3) By Vehicle Type: Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Cars
4) By Application: ADAS And Safety, Body And Comfort, Cockpit, Powertrain
Asia-Pacific was the largest region in the multi-domain controller market in 2023. The regions covered in the multi-domain controller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Rising demand for automated vehicles is significantly contributing to the growth of the multi-domain controller market going forward. Automated vehicles refer to a vehicle that can sense their surroundings and function without human intervention. Multi-domain controller is used in automated vehicles to efficiently manage the massive amounts of complex data required to make automated features work well in the vehicle. For instance, in 2023, according to data published by Capgemini, a France-based information technology services company, autonomous cars are expected to be 15 percent of the total global car sales, and 95 million autonomous cars are expected to be sold annually by 2035. Therefore, the rising demand for automated vehicles will drive the multi-domain controller market.
Key Industry Players
Major companies operating in multi-domain controllers are focused on introducing new innovative products such as, AI domain controller, to sustain their position in the market. An AI domain controller is a key component that uses advanced artificial intelligence algorithms to manage and process data for various functions within a specific domain, such as the automotive domain in the case of self-driving cars. The synergy between AI domain controllers and multi-domain controllers results in smarter, more adaptive systems that can seamlessly integrate and optimize various functions. For instance, in January 2022, Ambarella, Inc an US-based AI vision silicon company, launched CES the CV3 AI domain controller family. This fully scalable, power efficient CVflow family of SoCs provides the automotive industry’s highest AI processing performance, at up to 500 eTOPS, representing a 42x increase over Ambarella’s prior automotive family. Featuring up to 16 Arm® Cortex-A78AE CPU cores, the CV3 provides up to a 30x boost in CPU performance over the prior generation in support of autonomous vehicle (AV) software applications.
The multi-domain controller market report table of contents includes:
1. Executive Summary
2. Multi-Domain Controller Market Characteristics
3. Multi-Domain Controller Market Trends And Strategies
4. Multi-Domain Controller Market – Macro Economic Scenario
5. Global Multi-Domain Controller Market Size and Growth
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31. Global Multi-Domain Controller Market Competitive Benchmarking
32. Global Multi-Domain Controller Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Multi-Domain Controller Market
34. Multi-Domain Controller Market Future Outlook and Potential Analysis
35. Appendix
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