The key players operating in the market include Astronics Corporation; Collins Aerospace; Fujikura Ltd.; HUBER+SUHNER; Nexans; TE Connectivity Corporation; Amphenol Ltd.; Data Device Corporation; Data Bus Corporation; OCC; and various other companies operating in the market and are coming up with new technologies and offerings which is helping the market for Data Bus to expand over the years in terms of revenue and subscription.
ASTRONICS CORPORATION; COLLINS AEROSPACE; FUJIKURA LTD.; HUBER+SUHNER; NEXANS; TE CONNECTIVITY CORPORATION; AMPHENOL LTD.; DATA DEVICE CORPORATION; DATA BUS CORPORATION; AND OCC – PROMINENT MARKET PARTICIPANTS IN DATA BUS MARKET
Automotive electronics—such as airbags, electronic fuel injection, infotainment systems, and electronic fuel injection—are primarily employed in automobiles to improve the overall feel and efficiency of vehicles. Radio, ignition, engine management, carputers, telematics, and in-car entertainment systems are other electronic-dependent components embedded in automobiles. Government restrictions and regulations such as Bharat Stage-VI (BS-VI) and Corporate Average Fuel Efficiency II (CAFE II) are also contributing to the inclusion of an increasing number of electronics in vehicles. The demand for cutting-edge infotainment systems in automobiles is growing with a surge in the number of road accidents, which triggers safety concerns among people and drives their attention toward incorporating active safety systems in their automobiles.
North America dominated the Data Bus Market in 2020 with a share of more than 37%; it would continue to dominate the market during the forecast period and account for 34% share by 2028. Europe is the second-largest contributor to the global Data Bus Market, followed by APAC.
North America has the largest aviation market in the world, characterized by the presence of various military and commercial aircraft manufacturers and MRO service providers. The North American aviation industry has flourished due to the high inclination toward adopting new technologies and the presence of a skilled workforce. Bombardier, Boeing, American Champion Aircraft, Gulfstream Aerospace, Thrush Aircraft LLC, Northrop Grumman, Cirrus Aircraft, Piper Aircraft Inc., Textron, and Lockheed Martin are a few of the leading aircraft manufacturers operating in the region. They have various manufacturing facilities in North America and manufacture noteworthy aircraft models. Automotive is another major industry in North America, and the US is the second-largest automotive market in the world. Companies such as Ford, General Motors, Chevrolet, Dodge, VW, Toyota, Tesla, Honda, Hyundai, and Renault have numerous manufacturing facilities in the region. Few of the important market initiatives from the industry are mentioned below:
Year | News | Region |
2021 | Astronics Corporation announced the launch of new protocol models for its Ballard ME1000 family of mPCIe avionics interface cards for embedded aerospace applications. The new models provide interfacing capability for ARINC 429 and ARINC 717 databus protocols, and join models for MIL-STD-1553 that were previously released. | North America |
2020 | Data Device Corporation (DDC) released two new ultra-compact 1553 magnetics components that provide size and weight savings, enabling minimized package design and optimized system connectivity | North America |