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Automotive ECU Market (ECU Capacity - 16-bit ECU, 32-bit ECU, and 64-bit ECU; Application - ADAS & Safety System, Body Control & Comfort System, Infotainment & Communication System, and Powertrain System; Vehicle - Passenger Car, and Commercial Vehicle): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : November, 2021

  • Rep Id : AT00234

  • Category : Automotive, Aerospace & Defence

  • Status : Published

A recent report ongoing study by Infinium Global Research on the automotive ECU market provides in-depth analysis of segments and sub-segments in the global as well as regional automotive ECU market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional automotive ECU market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global automotive ECU market. According to the report, the global automotive ECU market is projected to grow at a CAGR of 6.5% over the forecast period of 2021-2027.


Market Insight

The automotive electronic control unit market is an embedded system that controls the electric subsystem in a transport vehicle. Additionally, the electronic control unit gathers data from the number of sensors installed in this vehicle, which is used to enhance the working of various operations such as fuel injection and spark timing.

 

Automotive ECU Market



Increasing demand for technologically advanced vehicles such as hybrid vehicles is anticipated to be one of the major factors driving the growth of the automotive electronic control unit market. In addition, growing awareness among consumers regarding the reduction of fuel consumption is expected to fuel the growth of the automotive electronic control unit market over the forecast period. However, the increase in complexities in the system is anticipated to hinder the growth of the market. Furthermore, the regulatory bodies of various countries are authorizing the installation of automated safety systems and anti-lock braking systems in a vehicle in order to reduce the risk of accidents. Moreover, the increase in demand for hybrid and electric vehicles and the need for ADAS features are anticipated to provide several opportunities for the key players in the automotive electronic control unit market over the upcoming years. The COVID-19 pandemic has had a severe impact on the globally integrated automotive industry. Moreover, it is directly affecting the demand and production, and causing a supply chain disruption in the market. Additionally, the pandemic could delay the development of advanced technologies. This is placing intense pressure on the automotive sector already coping with a downshift in global demand is having a negative impact on the growth of the global automotive antenna market.

 

Among the geographies, Asia-Pacific is anticipated to be the largest region owing to the growing focus on the production of automated vehicles with advanced driver assistance and active safety feature. Moreover, emerging economies such as India and Vietnam and rising disposable income among consumers are the factors driving the growth in the Asia Pacific regions. However, the presence of a large number of automotive manufacturers and suppliers has been experiencing strong economic growth in the countries such as Germany, the UK, and Spain.

 

Segment Covered

The report on the global automotive ECU market covers segments such as ECU capacity, application, and vehicle. On the basis of ECU capacity, the sub-markets include 16-bit ECU, 32-bit ECU, and 64-bit ECU. On the basis of application, the sub-markets include adas & safety system, body control & comfort system, infotainment & communication system, and powertrain system. On the basis of vehicle, the sub-markets include passenger car, and commercial vehicle.


 Companies Profiled:

The report provides profiles of the companies in the market such as Pektron Group Limited, Magneti Marelli S.p.A, Hitachi Automotive Systems Ltd., Lear Corporation, Panasonic Corporation, Hyundai Mobis Co. Ltd., Delphi Automotive PLC, Robert Bosch GmbH, Denso Corporation, and Continental AG.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the automotive ECU market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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