Market Research Future (MRFR) study on the “Global Autonomous Vehicle ECU Market” is an in-depth evaluation that provides a comprehensive overview of the industry. The study covers the COVID-19 overview of the global autonomous vehicle ECU market and offers a thorough explanation of market segments, current trends, growth forecasts, and market challenges from 2018 to 2023 (forecast period) to identify growth opportunities.
The electronic control unit (ECU) is an integrated system that controls the vehicular automated functions related to engines, infotainment systems, and advanced driver assistance systems (ADAS) using sensors and components. Autonomous vehicle ECU is used to track lane departures and prevent collisions, which increases vehicle safety. Autonomous vehicle ECU is the most demanding owing to higher computing performance, increased connectivity, and improved safety and security.
The factors propelling the growth of the autonomous vehicle ECU market are strict government regulations relating to safety, increased demand for advanced driver assisted systems in vehicles, increased sales of vehicles, and others. Vehicle manufacturers are developing new technologies to improve the vehicle safety system and the intelligent transport system (ITS) around the globe due to increased accidents. The main factors that help market growth are the growing number of government regulations for advanced driver assistance systems (ADAS) and the inclusion of basic safety systems such as ABS and airbags. In addition, increased adoption of advanced safety systems and driver assistance features like blind spot detection and automatic low-cost emergency braking is expected to boost the growth of the autonomous vehicle ECU market.
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The key players in the autonomous vehicle ECU market are Continental AG (Germany), Hitachi, Ltd. (Japan), NXP Semiconductors N.V. (Netherlands), Intel Corporation (U.S.), Nvidia Corporation (U.S.), and Renesas Electronics Corporation (Japan), Infineon Technologies AG (Germany), ZF Friedrichshafen AG (Germany), Infineon Technologies AG (Germany), Bosch (Germany), and Autoliv Inc. (Sweden) are among others.
The global market for autonomous vehicle ECU has been segmented based on application and vehicle type.
- Based on the application, the global autonomous vehicle ECU market has been segmented into autonomous vehicles and semi-autonomous vehicles.
- Based on vehicle type, the global autonomous vehicle ECU market has been segmented into passenger car, light commercial vehicle, and heavy commercial vehicle.
Based on the region, the global autonomous vehicle ECU market has been segmented based on North America, Asia Pacific, Europe, and the Rest of the World.
The North American region is expected to lead the market in the future due to increased demand for advanced safety, convenience, and comfort systems in countries like the U.S. and Canada. Moreover, there has been an increase in sales of vehicles in North America, which has boosted the installation of autonomous vehicle ECU in vehicles.
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Major Highlights of TOC Covers:
- Executive Summary
- Key Business Trends
- Regional Trends and Growth
- Product Trends
- End-use Trends
- Definition and Forecast Parameters
- Autonomous vehicle ECU Market Segmentation
- Autonomous vehicle ECU Market Landscape
- Vendor Matrix
- Company Profiles
- Business Overview
- Financial Data
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