Key Insights of Automotive Electronic Control Unit (ECU) Market 2019 Growing at Strapping CAGR to Reach Highest Revenue by 2022

Automotive electronic control unit is a type of embedded system that controls electrical components in vehicles. AECU obtains input from various sensors mounted on vehicle components. By using this data, it controls fuel injection-related functions such as spark timing; vehicle stability; climate control; and active safety systems such as antilock braking, parking sensors, and others. A technologically advanced vehicle consists of around 40 to 100 inbuilt ECUs, which function on 8-bit, 16-bit or 32-bit microprocessor, depending upon the requirement. The AECU market possesses high growth potential, as original equipment manufacturers (OEMs) use ECUs as standard equipment in vehicles.

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Companies Covered in this Report are:

Continental AG
Denso Corporation
Robert Bosch GmbH
Delphi Automotive PLC
Hyundai Mobis Co. Ltd.
Panasonic Corporation
Lear Corporation
Hitachi Automotive Systems Ltd.
Magneti Marelli Spa
Pektron Group Limited

The growth of the AECU market is driven by increase in demand for automobiles owing to rise in amount of disposable income in developing countries. In addition, stringent government regulations related to passenger safety and ongoing research to manufacture low-cost ECUs boost the market growth. Moreover, rise in demand for active safety features such as driver assistance systems in vehicles is expected to propel the growth of the AECU market during the forecast period. However, increased complexity of automotive ECU owing to high functionality requirements and connectivity management between various ECUs mounted in vehicle are expected to hamper the growth of this market. Growth in demand for electric as well as hybrid vehicles for emission control is expected to provide lucrative opportunity for the market. Furthermore, increase in awareness toward green technologies such as eco-driver assist systems (EDAS) is anticipated to boost the market growth.

By type, the market is segmented into transmission control system, engine management system, antilock braking system, climate control system, power steering system, airbag restraint system, and body controls system. On the basis of application, the market is categorized into utility vehicles, passenger cars, and commercial vehicles. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players profiled in the report include Continental AG (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), Hyundai Mobis Co. Ltd. (South Korea), Panasonic Corporation (Japan), Lear Corporation (U.S.), Hitachi Automotive Systems Ltd. (Japan), Magneti Marelli Spa (Italy), and Pektron Group Limited (UK).

KEY BENEFITS
The report includes an extensive analysis of the factors that drive as well as restrain the growth of the global AECU market.
The report also provides quantitative as well as qualitative trends to assist the stakeholders to understand the situations prevailing in the market.
An in-depth analysis of key segments demonstrates stakeholders with different technologies and application of automotive ECU.

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KEY MARKET SEGMENTS

BY TECHNOLOGY
Transmission Control System
Engine Management System
Antilock Braking System
Climate Control System
Power Steering System
Airbag Restraint System
Body Controls System

BY APPLICATION
Utility Vehicles
Passenger Cars
Commercial Vehicles

BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
France
Rest of Europe
Asia-Pacific
China
India
South Korea
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

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Posted by on Friday October 18 2019, 10:04 AM EST. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing, Business Services, Featured Press Release, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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