Market Insights
Automobiles have become an inseparable part of modern life. Due to factors such as the growing discretionary income of people and continual advancement, the industry has witnessed profound growth over the past few decades. However, the overall automotive industry has been witnessing consistent challenges such as goods and passenger safety, comfort, and fuel economy.
In addition, manufacturers have to go through stringent emission norms enforced to reduce environmental pollution. Simultaneously, the continuous evolution of the automotive industry coupled with growing consumer demands has led to persistent advancements across the overall automotive performance and entertainment. This has led to the extensive use of electronics in order to make automotive vehicles safer, cleaner, and more efficient.
The automobile electronic control unit (ECU) is a small microprocessor that controls all the important functions of the vehicle. An ECU, along with other sensors, monitors different parameters of vehicles, such as fuel intake, engine temperature regulation, and exhaust gases.
The primary objective of an automotive ECU is to regulate exhaust gas emissions within the prescribed norms. ECU also assists other control functions such as power steering, the antilock brake system (ABS), airbags, and the overall electrical system of an automobile. Other automobile functions, including climate control, the infotainment system, and vehicle safety features, are also taken care of by the automobile ECU. This makes the ECU among the most integral systems in any given automotive vehicle.
With the remarkable rise in disposable income of people worldwide, the demand for high-performance automotive vehicles equipped with advanced electronic systems has risen significantly over a period of time. This has proven to be a positive aspect of the growth of the overall automotive electronics unit management system.
With the ever-tightening emission norms and finite fuel deposits, the use of an electronic control unit has witnessed profound penetration in the automotive industry. Enhancing safety features and performance efficiency for commercial vehicles also enhances the demand for automobile ECU management, resulting in the sustainable market growth in the near future.
The global automotive electronic control unit management market is segmented on the following basis:
By Technology
- Engine management system
- Transmission control system
- Power steering system
- anti-lock braking system
- Airbag restraint system
- body control system
- Climate control system
- Infotainment system
By Application
- Commercial Vehicle
- Passenger vehicles
- Utility vehicles
By Geography
- North America
- Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
Key players identified for the automotive electronic control unit management market include but are not limited to:
Continental AG, Denso Corporation, Robert Bosch, General Motors Company, Delphi Automotive Plc, Hyundai Mobis Co. Ltd., and Lear Corporation
This report offers:
- An overview of the global markets for automotive electronic control unit management.
- Market trends assessment for the period 2013–2023, with historical information for 2013–2015 and projections through 2023, with respective CAGRs during 2016–2023
- Qualitative assessment tools such as market drivers, challenges, and future prospects in the market
- Market competition scrutiny tools such as market positioning analysis
- A general overview of the industry structure
- Company profiles highlight key information about the major players operating.