The latest research study “Automotive Electronic Control Unit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global automotive electronic control unit (ECU) market reached a value of US$ 75.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 105.4 Billion by 2027, exhibiting a CAGR of 5.60% during 2022-2027.
An automotive electronic control unit (ECU) is integrated into vehicles to control electronic systems and subsystems. It controls various actuators to ensure optimal internal combustion (IC) engine performance. It also controls coolant temperature, engine speed, and the oxygen content in the exhaust. Some of the commonly available integrated automotive ECU includes the transmission control module (TCM), powertrain control module (PCM), engine control module (ECM), parking aid module, skid control module, and seat belt control ECU. Since it helps manage the functionalities of automobiles by using actuators and collecting information from its sensors or other ECUs, automotive ECU has gained immense traction across the globe.
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Automotive Electronic Control Unit Market Trends and Drivers:
The global automotive electronic control unit market is primarily driven by the rising sales of electric vehicles (EVs). Moreover, automotive ECU includes in-vehicle infotainment (IVI) systems that provide head-up display and handset integration for driver assistance, interior customization, and cloud-based infotainment.
Additionally, governments of numerous countries are implementing stringent policies mandating the incorporation of safety systems in a vehicle, including an adaptive front lighting system (AFS) and an anti-lock braking system (ABS), to enhance road safety. In line with this, the increasing use of advanced driver assistance systems (ADAS) in cars to reduce accidents and fatalities has catalyzed market growth.
Furthermore, several key players are focusing on product innovations to provide better services, which is acting as another major growth-inducing factor. Other factors, including the rapid expansion in the automotive industry, rising safety concerns among the masses, and technological advancements, are also anticipated to propel the market growth.
Global Automotive Electronic Control Unit Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Aptiv PLC, Continental AG, DENSO Corporation, Hitachi Ltd., Magna International Inc., Magneti Marelli S.p.A., Nidec Corporation, NXP Semiconductors N.V., Panasonic Corporation, Pektron Group Limited, Robert Bosch GmbH and ZF Friedrichshafen AG.
The report has segmented the market on the basis of region, capacity, vehicle type, propulsion and application.
Breakup by Capacity:
- 16-Bit ECU
- 32-Bit ECU
- 64-Bit ECU
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Breakup by Propulsion:
- Internal Combustion Engine
- Hybrid
- Battery Electric Vehicle
Breakup By Application
- ADAS and Safety System
- Body Control and Comfort System
- Infotainment and Communication System
- Powertrain System
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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