Automotive Electronic Control Unit Market: 2018 Global Industry Size, Share, Growth, Trends Analysis By Engine Control Unit, Brake Control Module, Engine Management System, Powertrain System

“\”Automotive Electronic Control Unit Market\””
Automotive electronic control unit Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Automotive Electronic control unit will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2027, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2027).

Automotive electronic control unit Key Companies analyzed: Denso Corporation (Japan), Delphi Automotive (UK), Robert Bosch (Germany), Hyundai Mobis (South Korea), Continental AG (Germany), Lear Corporation (US), Hitachi Automotive Systems (Japan), Panasonic Corporation (Japan), Magneti Marelli (Italy), Pektron Group (UK), and Takata Corporation (Japan).

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The high demand for automotive electronic control units is due to the growth in awareness of fuel efficiency and emission control among the manufacturers. An automotive electronic control unit is embedded systems that controls electrical subsystems in a vehicle. The various types of electronic control unit include Engine Control Module (ECM), Powertrain Control Module (PCM), Transmission Control Module (TCM), Brake Control Module (BCM), Body Control Module (BCM) and Suspension Control Module (SCM). These components transmits the vehicle performance to the electronic control unit. The driving factor for the growth of electronic control unit market are low emission and higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicle emission, technological advancements and emerging economies. However, the high cost of electronic control unit system acts as a barrier for the growth of automotive electronic control unit market.

The automotive electronic control unit market is driven by rise in demand of automotive electronics in vehicle architecture. Subsequently, the integration of ECU system has improved the overall vehicle performance. Another factor responsible for the increase use of ECU sub system is the massive investment done in automotive infotronics by manufacturers. There is more than forty percent of vehicle components are made of electronics, which needs require sophisticated software’s. Thus, the growth of the automotive electronic control unit market is expected to go hand in hand with growth of automotive infotronics.

The increase in use of embedded system will lead to vehicle weight reduction and improve fuel efficiency, due to which there will be growth in automotive electronic control unit market. The automotive market of China, Japan and Indonesia’s has experienced increased growth, which will drive the automotive technology as well as it will drive automotive electronic control unit market. Development of autonomous vehicles and connected cars require constant research & development support thus resulting in extensive capital investment at a constant rate. In the current scenario, manufacturers accelerates for new technology adoption to remain competitive in the market. Such cut throat competition in the automotive industry has boost the role of ECUs and software in vehicle.

Industry/ Innovation/ Related News: March, 2018 – Japanese auto component supplier DENSO Corp to increase its shareholding in Renesas Electronics Corporation. DENSO will increase its shareholding in Renesas from 0.5% to 5%, as carmakers accelerate the adoption of self-driving and other technologies. July, 2017– Hitachi Automotive Systems Ltd., announced that its Advanced Driver Assistance System Electronic Control Unit (ADAS ECU) was selected for use in Nissan Motor Corporation. March, 2017 – Hyundai Mobis developed the Integrated Body Unit (IBU) for the first time in Korea and began to mass produce at Jincheon Plant. The IBU integrates the four electronic units (ECU), i.e. BCM, smart key, TPMS and PAS.

Automotive Electronic Control Unit Market – Segmentation

The Global Automotive Electronic control unit Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding; Segmentation by Type: Engine Control Unit, Brake Control Module, Engine Management System, Powertrain System, Climate Control System and Others. Segmentation by Vehicle Type : Comprises Passenger vehicle, Commercial vehicle. Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.

Automotive Electronic control Unit Market: Regional Analysis- Asia-Pacific market is dominating the market of automotive electronic control unit market due to growth in strict regulation on vehicle emission, rising disposable income and growing new vehicle registration. Development of automotive manufacturing industries in APAC region such as China, Japan and Indonesia are driving the market for automotive electronic control units. The market in the developing countries is largely driven by economic growth and ongoing industrialization, which helps in production of motor vehicles and other manufacturing output. North America is referred to as the second-largest automotive electronic control units market due to factors such as large customer base and high disposable income of end-users have fuelled the demand for vehicles in the country.

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