Overview:
The increase in the number of connected cars drives the demand for TCU. The global TCU market is expected to cross 81 million units during 2022-2026 with a CAGR of 19.6%.
4G cars continue to dominate the connected cars present on road and soon 5G cars will see higher penetration. The lowering average selling price (ASP) of 5G TCU will help in increased 5G adoption in cars.
LG currently leads the global TCU market and is also expected to lead in the future followed by Continental and Harman.
Table of Contents:
- Pivot Analysis
- Flatfile
Published Date: November 2022