Overview:
- The increase in the number of connected cars drives the demand for TCU. The global TCU market is expected to cross 111 million units during 2022-2030 with a CAGR of 14.5%.
- 4G cars will witness a decline post 2026 and 5G cars will maintain dominance. The increased demand for 5G will help in lowering the average selling price (ASP) of 5G TCU.
- LG currently leads the global TCU market and is also expected to lead in the future followed by Continental and Harman. Huawei will overtake other players to gain the fourth position by 2030.
Table of Contents:
- Pivot Analysis
- Flatfile
Published Date: January 2023