Can Transceivers Market set to hit $2.9 billion by 2035, as per recent research by DataString Consulting


Posted June 9, 2025 by Datastring

other key wide areas like automotive industry and industrial automation are expected to push the market to $2.9 billion by 2035 from $1.3 billion of 2024.

 
CAN Transceivers are commonly used in automotive applications for communication between ECUs.Specifically, high-speed CAN transceivers play a crucial role in invehicle networks due to their ability to handle a high data rate efficiently. Companies such as Infineon and Texas Instruments command the market in the automotive sector due to their reliable and robust product offerings. In the realm of industrial automation, CAN Transceivers are integral to manage machine-to-machine communication. Here, fault-tolerant CAN transceivers are primarily used due to their resilience in electrically noisy environments. Key players in the sector include NXP Semiconductors and STMicroelectronics, known for their high-performance and durable CAN Transceiver units.

๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐œ๐š๐ง-๐ญ๐ซ๐š๐ง๐ฌ๐œ๐ž๐ข๐ฏ๐ž๐ซ๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

With the accelerated global shift towards electric vehicles , CAN transceivers, seen as critical components in EV infrastructure, are witnessing unprecedented demand. These devices facilitate communication between modules in electric vehicles, ensuring efficient operation and enhanced safety. The impact of this transition can be seen in the increased adoption of CAN transceivers by EV manufacturers, contributing to market expansion and innovation in the industry. The development of these transceivers specifically designed for EV applications also underscores the potential scope for product differentiation in the market.

Industry Leadership and Strategies

The Can Transceivers market within top 3 demand hubs including U.S., Germany and China, is characterized by intense competition, with a number of leading players such as Texas Instruments Incorporated, Microchip Technology Inc., NXP Semiconductors N.V., STMicroelectronics N.V., Infineon Technologies AG, Bosch Sensortec GmbH, Analog Devices Inc., Maxim Integrated Products Inc., Toshiba Corporation, Renesas Electronics Corporation, ON Semiconductor Corporation and Silicon Labs International.. Below table summarize the strategies employed by these players within the eco-system.
This market is expected to expand substantially between 2025 and 2030, supported by market drivers such as increased demand in automobile industry and proliferation of industrial automation.

Regional Analysis

As a hub of technological advancements and home to numerous major automotive manufacturers, North America's role in the CAN Transceiver market is significant. In this region, an increasing preference for advanced vehicular communication systems creates top opportunities for CAN Transceiver manufacturers. Key drivers of this trend include the widespread adoption of autonomous and connected vehicles, fueling the demand for reliable in-vehicle networking solutions such as CAN Transceivers. However, the highly competitive nature of this market, with established players like Texas Instruments and NXP Semiconductors spearheading innovation, urges other participants to intensify their research and development endeavors. Strategic partnerships and investment in emerging technologies like CAN FD Transceivers could offer growth prospects in this fiercely competitive landscape.

Research Study analyse the global Can Transceivers market in detail and covers industry insights & opportunities at Product Specification (High-Speed, Low-Speed, Standalone, Fault-Tolerant), Application (Automotive, Industrial Automation, Embedded Systems, Marine Electronics, Medical Devices, Others) and Technology Integration (FD, SIC, Classical) for more than 20 countries.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐๐จ๐ฐ๐ง๐ฅ๐จ๐š๐๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž/๐œ๐š๐ง-๐ญ๐ซ๐š๐ง๐ฌ๐œ๐ž๐ข๐ฏ๐ž๐ซ๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

About DataString Consulting

DataString Consulting delivers a comprehensive suite of market research and business intelligence solutions for both B2B and B2C sectors all under one roof. From precise, targeted insights to fully customized market research reports, our services are built to align with each clientโ€™s strategic goals. With a leadership team boasting over 30 years of combined experience serving Fortune 500 companies, we offer high-impact research and data services across global markets.

Our service portfolio is designed to support organizations of all sizes, with specific market data available from just USD 49, and full-scale market research reports starting at USD 1,399. As pioneers of a collaborative, cost-efficient model, we are shaping a sustainable ecosystem where market research firms, consultancies, and corporate teams can access dependable insights without the overhead of traditional research operations.
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Last Updated June 9, 2025