The market for Automotive Electronics Control Unit Management (ECU/ECM) Market is expected to reach US$ XX Mn By 2023.
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.
By Technology
By Application
By Geography
Continental AG, Denso Corporation, Robert Bosch, General Motors Company, Delphi Automotive Plc, Hyundai Mobis Co. Ltd., and Lear Corporation
The market for Automotive Electronics Control Unit Management (ECU/ECM) Market is expected to reach US$ XX Mn By 2023.
The Automotive Electronics Control Unit Management (ECU/ECM) Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2016-2023.
The base year of this report is 2015.
Continental AG, Denso Corporation, Robert Bosch, General Motors Company, Delphi Automotive Plc, Hyundai Mobis Co. Ltd. are some of the major players in the global market.