July 12, 2024

Automotive Electronic Control Unit Market to Rising a CAGR 4.3 % Till 2027

150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global automotive electronic control unit market was valued at around USD 66.5 billion in 2020 and is expected to register revenues worth USD 92.90 billion by the end of 2027, growing at an exceptional CAGR of approximately 4.3% between 2020 and 2027.

Automotive Electronic Control Unit

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Hence implementation of large number of ECUs in the vehicle reduces its efficiency; therefore automotive giants are collaborating with the ECU manufacturers to consolidate the ECUs without hampering their performance. Henceforth, awareness among the people for reducing fuel consumption and enhancing its overall performance triggered the substantial growth of electric and hybrid vehicles.

Furthermore, regulatory bodies of different nations have issued strict regulations for road safety and fuel emission. For instance, China and the European Commission launched the New Car Assessment Program (NCAP) that made the use of automatic emergency braking along with lane departure warning systems mandatory, thereby ensuring large-scale deployment of active safety systems.

Automotive Electronic Control Unit Market Report Scope
Report HighlightsDetails
Market SizeUSD 92.90 Billion by 2027
Growth RateCAGR of 4.3% from 2021 to 2027
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Base Year2021
Forecast Period2021 to 2027
Segments CoveredProduct Type, Application Type, End User, Region Type
Automotive Electronic Control Unit Market Report Highlights
  • The Asia Pacific emerged as the dominant region in the global automotive ECU market accounting a revenue share of over 55% in the year 2019. Further, the region registered the fastest growth during the forecast period. The prominent growth of the region mainly attributed to rising trend of advanced and smart vehicles across the region. In addition, increasing purchasing power along with ever growing population in the region are the other most attractive factors that significantly drives the market growth.
  • Internal Combustion Engine (ICE) vehicles led the global automotive electronic control unit (ECU) market with significant revenue share proportion in the year 2019, accounting for nearly 96%. Additionally, the segment projected to continue its dominance in the overall automotive ECU market over the forecast period. However, battery-powered vehicle encountered the fastest growth in the coming years.
  • Passenger cars are the dominating vehicle type segment that contributed the major revenue portion of the global automotive ECUU market that accounted for more than 87% in the year 2019. A shift in consumer preference for hybrid and luxury vehicles with advanced safety and electronic features likely to influence the market growth for passenger cars.
  • By application, ADAS & Safety System led the global automotive ECU market with revenue share of around 34% in the year 2019. Increasing number of accidents on-road along with mandatory government circulars for the implementation of advanced driver safety systems in the vehicle propels the growth

Competition Landscape

The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Read also@ Automotive RADAR Market Size to Worth Around US$ 8.30 Bn by 2027

Some of the prominent players in the automotive electronic control unit market include:
  • Continental AG
  • Robert Bosch GmbH
  • Denso Corporation
  • ZF Friedrichshafen AG
  • Delphi Technologies

Segments Covered in the Report

By Propulsion Type

  • Hybrid
  • Battery Powered
  • Internal Combustion Engine (ICE)

By Vehicle Type

  • Commercial Vehicles
  • Passenger Cars

By Capacity

  • 64-Bit
  • 32-Bit
  • 16-Bit

By Application

  • Body Electronics
  • ADAS & Safety Systems
  • Infotainment
  • Powertrain
  • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2027. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global automotive electronic control unit market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the automotive electronic control unit market.

The report includes country-wise and region-wise market size for the period 2019-2027. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2027.

Why should you invest in this report?

If you are aiming to enter the global automotive electronic control unit market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive electronic control unit are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Market Variables and Scope

Chapter 5. Market Dynamics Analysis and Trends

Chapter 6. Competitive Landscape

Chapter 7. Global Automotive Electronic Control Unit Market, By Vehicle Type

Chapter 8. Global Automotive Electronic Control Unit Market, By Capacity

Chapter 9. Global Automotive Electronic Control Unit Market, By Propulsion Type

Chapter 10. Global Automotive Electronic Control Unit Market, By Application

Chapter 11. Global Automotive Electronic Control Unit Market, Regional Estimates and Trend Forecast

Chapter 12. Company Profiles

Chapter 13. Research Methodology

Chapter 14. Appendix

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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