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CAN Transceivers Market

The market for CAN Transceivers was estimated at $1.3 billion in 2024; it is anticipated to increase to $2.0 billion by 2030, with projections indicating growth to around $2.9 billion by 2035.

Report ID:DS2005036
Author:Swarup Sahu - Senior Consultant
Published Date:
Datatree
Automotive & Transportation
A&T Peripherals
CAN Transceivers
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Report Price: $4,200
Report Summary
Market Data
Methodology
Table of Contents

Global CAN Transceivers Market Outlook

Revenue, 2024

$1.3B

Forecast, 2034

$2.7B

CAGR, 2025 - 2034

8.1%

The CAN Transceivers industry revenue is expected to be around $1.4 billion in 2025 and expected to showcase growth with 8.1% CAGR between 2025 and 2034. The growing popularity of Controller Area Network transceivers highlights their role in today's changing world scene. These digital communication devices are parts used in various industries and are becoming increasingly common due to the rising requirement for effective data transmission systems within intricate electronic setups. This need is evident in a variety of fields such as automotive, industrial automation and aerospace, among others where there is an emphasis placed on seamless and accurate real time communication. As pioneers in enabling advanced functionality to enhance operations efficiency and accuracy within industries seeking optimized information sharing capabilities CAN transceivers stand out as a crucial option. Their pivotal contribution to the development of safer, smarter and more effective systems highlights their enduring importance and credibility, in today's driven age.

CAN transceivers are known for their performance and durability due, to their exceptional robustness and ability to enable high speed communication while maintaining noise resistant data delivery capabilities.

CAN Transceivers market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034
CAN Transceivers Market Outlook

Market Key Insights

  • The Can Transceivers market is projected to grow from $1.3 billion in 2024 to $2.7 billion in 2034. This represents a CAGR of 8.1%, reflecting rising demand across Automotive Industry, Industrial Automation, and Medical Devices.

  • Texas Instruments Incorporated, Microchip Technology Inc., NXP Semiconductors N.V. are among the leading players in this market, shaping its competitive landscape.

  • U.S. and Germany are the top markets within the Can Transceivers market and are expected to observe the growth CAGR of 5.9% to 8.5% between 2024 and 2030.

  • Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 7.8% to 10.1%.

  • Transition like The Rise of Electric Vehicles is expected to add $85 million to the Can Transceivers market growth by 2030

    .

  • The Can Transceivers market is set to add $1.5 billion between 2024 and 2034, with manufacturer targeting Industrial Automation & Embedded Systems Application projected to gain a larger market share.

  • With Increased demand in automobile industry, and proliferation of Industrial Automation, Can Transceivers market to expand 118% between 2024 and 2034.

can transceivers market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
CAN Transceivers - Country Share Analysis

Opportunities in the CAN Transceivers

Countries like India, Brazil and South Africa are moving forward in embracing technology. As they focus resources towards enhancing their technological systems the need, for reliable, effective and cost effective data communication networks is also growing.

Growth Opportunities in North America and Asia Pacific

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.
On the other hand, the Asia Pacific region, especially China, India, and Japan, represents a dynamically growing market for CAN Transceivers. This is primarily due to the significant expansion of the automotive sector and rapid industrial automation in these countries. The growing adoption of intelligent transportation systems across the cities of the Asia Pacific escalates the demand for advanced communication systems like CAN Transceivers, highlighting new opportunities for market players. Simultaneously, the emerging competition from local manufacturers and the regulatory challenges related to the standardization of CAN Transceiver technology could potentially affect the market growth.

Market Dynamics and Supply Chain

01

Driver: Increased Demand in Automobile Industry

As the automotive industry moves towards automation and interconnected cars are also becoming more prevalent there is also a growing demand for communication systems within vehicles which is also leading to an increase in the adoption of CAN also transceivers. These devices also called Controller Area Network transceivers boost vehicle efficiency and safety by facilitating high speed data exchange among the electronic components in cars. The increasing focus on vehicle safety features and communication requirements inside vehicles is also pushing for the incorporation of effective CAN also transceivers fuelin g their market expansion, within this industry.

The growing use of automation is also a key factor driving the increased popularity of CAN also transceivers in various sectors like manufacturing. As automation technology also advances these tools become crucial for enabling communication among different automated systems and machines. This helps in coordinating operations enhancing scalability of processes and boosting productivity ultimately fuel the demand for CAN also transceivers, in industrial environments.

02

Restraint: High Cost of Implementation

Although CAN transceivers have shown their value in uses cases over time a significant obstacle hindering their market expansion is the expensive nature of their integration. This issue poses a challenge for small businesses and startups that lack the resources to adopt these sophisticated communication technologies. As a result this situation results in a decline in the demand, for CAN transceivers as customers may opt for budget friendly options instead thereby impacting market trends unfavorably.

03

Opportunity: Integration of CAN Transceivers in Medical Devices and Technological Advancements in Automotive CAN Transceivers

In the field today there is a strong focus on controlling the increase in healthcare expenses and enhancing the well being of patients as key objectives to achieve success within this sector. CAN Transceivers play a role in influencing this domain by enabling smooth communication, between different devices and elements to facilitate flawless sharing of information. The effectiveness of CAN Transceivers can lead to the creation of dependable medical tools that deliver top notch performance.

The car industry is going through changes in technology with the rise of autonomous driving as a major trend in vehicles today. It depends a lot on data networks where CAN Transceivers are important for smooth operations. With the focus on data transfer efficiency and safety measures in self driving cars design the advancements suggest promising opportunities for CAN Transceivers, in this field.

04

Challenge: Complexity of Integration

The complexity associated with integrating CAN transceivers into existing systems represents another significant.Many businesses and sectors still utilize legacy systems, and the integration of new technologies like CAN transceivers often involves significant technical intricacies and potential disruption to operations. This complexity can deter potential users, reducing the general market uptake and adversely affecting the demand landscape for CAN transceivers.

Supply Chain Landscape

1

Raw Materials Sourcing

Western Minerals GroupNXP Semiconductors
2

Components Manufacturing

Texas InstrumentsInfineon Technologies
3

Assembling

Renesas ElectronicsMicrochip Technology
4

Distribution & Retail

Digi-Key ElectronicsAllied Electronics
CAN Transceivers - Supply Chain

Use Cases of CAN Transceivers in Automotive Industry & Medical Devices

Automotive Industry : 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.
Industrial Automation : 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.
Medical Devices : CAN Transceivers are instrumental in medical devices for process control and patient monitoring. Low-power CAN transceivers are often used in this sector to optimize energy consumption and extend battery life. Companies such as Analog Devices and Maxim Integrated lead in this application region with their energy-efficient and high-precision transceivers.

Recent Developments

CAN Transceivers are pivotal components that undergird the communication systems in numerous sectors. The automotive industry, renowned for its rapid technological leaps, has proven to be a fertile ground for the proliferation of CAN Transceivers.

December 2024 : Siemens AG announced a ground-breaking integration of CAN Transceivers into their transport technology for city buses, enhancing vehicle communication
October 2024 : Bosch GmbH launched their latest generation of CAN Transceivers with unprecedented data transmission speeds and improved error detection capabilities
August 2024 : Texas Instruments debuted a revolutionary power-efficient CAN Transceiver, bolstering their role as market leaders in innovative semiconductor solutions.

Impact of Industry Transitions on the CAN Transceivers Market

As a core segment of the A&T Peripherals industry, the CAN Transceivers market develops in line with broader industry shifts. Over recent years, transitions such as The Rise of Electric Vehicles and Advancements in Industrial Automation have redefined priorities across the A&T Peripherals sector, influencing how the CAN Transceivers market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

The Rise of Electric Vehicles

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. This industry transition is expected to add $85 million in the industry revenue between 2024 and 2030.
02

Advancements in Industrial Automation

The growing need for efficient, real-time communication systems in the field of industrial automation has bolstered the adoption of CAN transceivers. These devices enable seamless interconnectivity between various equipment and systems, driving productivity and operational efficiency across multiple operations. This transition has also necessitated the emergence of advanced CAN transceivers that can withstand harsh industrial conditions, further promoting technological innovation within the transceiver industry. Additionally, the expanding ecosystem of EV battery management and monitoring systems continues to benefit from such reliable communication technologies.