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.
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Abhilash Gupta
Dr. Abhilash Gupta is a Research Analyst at Counterpoint Technology Market Research, specializing in the rapidly evolving automotive sector and its surrounding ecosystem. With over 9 years of experience spanning industry, research, and academia, he possesses deep expertise in market research, data analytics, and the integration of emerging technologies such as 5G and AI into the automotive industry. His extensive research background allows him to offer strategic insights that drive the future of connected vehicles and smart mobility solutions. Dr. Gupta holds a Ph.D. in Electrical Engineering from Malaviya National Institute of Technology Jaipur, a Master’s degree in Control Systems from the National Institute of Technology Patna, and a Bachelor’s degree in Electrical Engineering from Rajasthan Technical University.
Soumen Mandal
Soumen is a Senior Analyst tracking IoT, Automotive and Telecommunication ecosystem at Counterpoint Technology Market Research. He is interested in IoT applications, connections, components, electric vehicles, connected cars, autonomous vehicles, semiconductors, shared mobility, services and emerging technologies. He started his career as an Energy Analyst with Manikaran Power Ltd. He has experience working with DISCOMs and SLDCs in the Indian power and energy industry. He is currently based in Gurgaon. He holds an Electrical Engineering degree and an MBA in Marketing & Finance.
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Jan 13, 2011