Data Bus Global Market is Projected to Reach $24 Billion by 2030: New Technology Adoption/Upgradation Propels Market Demand


Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Data Bus - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Data Bus estimated at US$17.9 Billion in the year 2022, is projected to reach a revised size of US$24 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.

ARINC 429 / 629, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$9.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the AFDX / ARINC 664 segment is readjusted to a revised 3.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 3.5% CAGR

The Data Bus market in the U.S. is estimated at US$5.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 3.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Select Competitors (Total 12 Featured) -

  • Amphenol Corporation
  • Astronics Corporation
  • Corning, Inc.
  • Data Device Corporation
  • Esterline Technologies Corporation
  • Fujikura Ltd.
  • HUBER+SUHNER AG
  • Nexans SA
  • Rockwell Collins, Inc.
  • TE Connectivity Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages179
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$17.9 Billion
Forecasted Market Value (USD) by 2030$24 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Data Bus: A Market Insight
  • Data Bus - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Naval Systems: A Major End-Use for Data Bus
  • Presence of Key Players Make North America a Major Market for Data Bus
  • ARINC 429/629 Segment: A Leading Data Bus by Protocol
  • New Technology Adoption/Upgradation Propels Market Demand
  • Limited Defense Budget Hinders Market Growth
  • PRODUCT OVERVIEW
  • Data Bus: Introduction
  • Types of Buses
  • Serial Buses
  • Parallel Buses

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/88av64

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Attachment

 
Global Market for Data Bus

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