High-Speed Data Transmission Drives Growth in the Automotive SerDes Market
SerDes for Automotive Market, valued at USD 165 million in 2024, is set for remarkable expansion, projected to grow from USD 180 million in 2025 to USD 305 million by 2032, exhibiting a compound annual growth rate (CAGR) of 9.3% during the forecast period. This steady expansion is detailed in a comprehensive new report published by Semiconductor Insight. The study underscores the indispensable role of SerDes (Serializer/Deserializer) technology as the backbone for high-speed data transmission in modern vehicles, particularly as the automotive industry accelerates its transition towards electrification, autonomy, and enhanced connectivity.
SerDes chips, crucial for converting parallel data into serial streams and back again, are becoming the nervous system of the modern automobile. They enable the real-time, high-bandwidth communication required between an ever-increasing number of sensors, cameras, displays, a