Automotive ECU Market to Reflect a Holistic Expansion During 2016-2026

Future Market Insights has announced the addition of the “Automotive ECU Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.

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Valley Cottage, NY -- (SBWire) -- 06/22/2018 --Automotive ECU or Electronic Control Unit is a family of computer systems that controls and maintains the entirety of electronic, electrical and mechanical systems of a vehicle. ECU can be classified based on the functions such as Engine Control Module (ECM), Body Control Module (BCM), Electronic Brake Control Module (EBCM), Powertrain Control Module (PCM), Transmission Control Module (PCM), Suspension Control Module (SCM), Door Control Unit (DCM), Battery Management System (BMS), General Electric Module (GEM) and others. Automotive functions ranging from the movement of the windows to the amount of air-fuel mixture required for each engine cylinder has an ECU system embedded with it which is recorded, analyzed and stored in the microcontroller. Technological advancements in automotive technology has led to an increase in implementation of complex ECUs in a vehicle. Some of the automobile models running today on the roads have more than 80 different ECUs present in it.

Automotive ECU Market Dynamics

Increased demand for technologically advanced vehicles like hybrid cars in the developed and developing countries is one of the major factors driving the growth of ECU market. Government regulations to reduce fuel usage and increasing demand for better mileage of the vehicles by the general public is another major factor leading to high growth of ECU market in the automotive industry. The steady growth of alternative vehicle choices such has the hybrid and pure electric cars in the developed nations has contributed significantly to the ECU market due to high complexities of these vehicles over conventional vehicles. Driver safety, security concerns, ease of driving, low maintenance demanded by the customers are also some of the factors driving the growth of ECU market.

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The involvement of smartphones connected to the vehicle providing the driver with real time information about the state of vehicle is a major trend in recent times. These advanced ECU systems with the provision to connect with the smartphones easily can lead to an improvement in the growth of ECU systems.

An ECU system usually comprises of electronic and mechanical components working in tandem with each other. Perfect integration of these components is a major challenge which in turn can hinder the growth of the ECU market.

Automotive ECU Market: Segmentation

Automotive ECU System Market can be segmented by vehicle type, sales channel and applications.

By vehicle type it can be segmented as:

Passenger vehicles

Internal Combustion Engines

Hybrid Vehicles

Battery Electric Vehicles (BEV)

Light Commercial Vehicles

Heavy Commercial Vehicles

By sales channel, it can be segmented as:

Original Equipment Manufacturer

Aftermarket

By application, it can be segmented as:

Engine Control Module

Transmission Control Module

Powertrain Control Module

Airbag Control Module

Body Control Module

Electronic Braking Control Module

Steering Control Module

Climate Control Module

Automotive ECU Market: Regional Outlook

The Global Automotive ECU system market is segmented into seven geographical regions such as North America, Latin America, Western and Eastern Europe, Asia Pacific Excl. Japan (APEJ), Japan, Middle East and Africa (MEA). Automotive production hubs such as China, India, and South Korea in the APEJ region is anticipated to grow at a significant CAGR due to steady growth of automotive production and sales. North America has witnessed a steady growth rate in the adoption of hybrid and electric vehicles leading to improved sales of automotive ECU market in the region.

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Automotive ECU Market: Key Players

Some of the major players identified in the Global Automotive ECU Systems are:

Robert Bosch GmbH

Continental AG

Magneti Marelli S.p.A.

Denso Corporation

ZF TRW Automotive

Delphi Automotive

Autoliv Inc.

Hitachi Automotive

Takata Corporation

Mitsubishi Electric Co.

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Abhishek Budholiya
Manager
Future Market Insights
1-347-918-3531
https://www.futuremarketinsights.com/reports/automotive-ecu-market

View this press release online at: http://rwire.com/999698