The automotive sector is one of the booming sectors currently and is expected to witness significant growth during the forecast period. The automotive sector at present is more inclined towards customer safety and comfort, as well as improved performance. In addition, emission norms passed in various regions is fueling the usage of microprocessors in the automotive sector.
Albany, NY -- (SBWIRE) -- 05/18/2016 -- This market research study analyzes the Automotive Electronics Control Unit Management (ECU/ECM) market on a global level and provides estimates in terms of revenue (USD billion) from 2014 to 2020. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the next few years.
Automotive electronics control unit finds application across various automobile segments including utility vehicles, passenger cars, and commercial vehicles. Transmission control system, engine management system, anti-lock braking system, climate control system, power steering system, airbag restraint system, and body control system are the various technologies using automotive electronics control unit management. These provide occupants of vehicles with better comfort and drive safety among other related benefits.
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The exponential growth in demand for automobiles owing to increasing amount of disposable income in developing countries of Asia Pacific is one of the major factors fueling demand in the automotive electronics control unit management market. Apart from this, increasing awareness about drive safety is also fueling the automotive electronics control unit management market. Power steering system, body control system, anti-lock braking system, and climate control system are some of the basic features provided by manufacturers in low- and mid-segment cars owing to increasing customer requirements.
Asia Pacific is one of the most attractive regions for the market for automotive electronics control unit management. Demand for luxurious lifestyle in this region and demand for automotive embedded systems are major factors fueling demand in the automotive electronics control unit management market. However, Europe is the largest market for automotive electronics control unit management. The substantial number of regulations to monitor driver safety and exponential growth in the automobile industry is boosting growth of this market in Europe.
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This report is segmented by type, application, technology, and geography, and also includes the drivers, restraints, and opportunities (DROs) of the automotive electronics control unit management market. The study highlights current market trends and provides the forecast from 2014 to 2020. We have also covered the current market scenario for automotive electronics control unit management market and highlighted future trends that will influence demand in this regard. By geography, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). The current market size and forecast until 2020 have been provided in the report.
This report also provides strategic analysis of the global Automotive Electronics control unit management (ECU/ECM) market, and the growth forecast for the period 2014 to 2020.
The report includes competitive analysis of various market segments based on the types, module and in-depth cross sectional analysis of the automotive electronics control unit management (ECU/ECM) market across different geographic segments. The automotive electronics control unit management market has been segmented into seven segments based on technology. These include transmission control system, engine management system, anti-lock braking system, climate control system, power steering system, airbag restraint system, and body control system. In addition, the automotive electronics control unit management market has been segmented into utility vehicles, passenger cars and commercial vehicles on the basis of applications. To support the strategic decision making, the report also includes profiling of leading players in the industry, their market share and various strategies adopted by them. The Porter's Five Forces analysis and market attractiveness analysis included in the report provide insight into market dynamics and industry competition.
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The report also provides company market share analysis of the various industry participants with company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of automotive electronics control unit management (ECU/ECM) market. Major market participants profiled in this report include Continental AG, Denso Corporation, Robert Bosch, General Motors company, Delphi Automotive Plc, Hyundai Mobis Co. Ltd., Lear Corporation and among others.
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