Automotive Engine Management System Market

28 Feb

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Automotive Engine Management System Market Poised to Grow at a CAGR of 8.3% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Automotive Engine Management System Market.

The report presents an analysis of global as well as regional markets of automotive engine management system market over the period of 2016 to 2024. An automotive engine is a complex piece of precision precision-built machinery. It provides power to drive the vehicle’s wheels. Furthermore, the engines used in automotive are known as internal combustion engine as the burning of fuels and air takes place inside the system. Moreover, the use of engine management systems has become important as they support various vehicle manufacturers in meeting current and future emission requirements.

 

New sensors are being used in an engine management system for better performance of the engines expected to the major driving factor for the automotive engine management system. Additionally, regulatory actions around the world have become very strict regarding the Volkswagen emission scandal this, in turn, is this is anticipated to fuel the growth of the automotive engine management market over the forecast period. However, high cost of the engine management due to is likely to restrain the growth of the market. Furthermore, According to OICA, the sales of new vehicles have been increased in 2016 the number of vehicles sold were 9.38 million in 2016 Moreover, the new concept of open engine management system that makes use of EMS3 platform and open electronic software architecture has opened new doors of opportunity for the key players in the automotive engine management system. Upgraded engine control units limits lowers emission and delivers more power to the automotive. Hence, Carburetors are being replaced with fuel injection systems, which are more advanced and provide more fuel efficiency can provide several growths opportunities in the automotive engine management market.

 

Among the geographies, Asia Pacific held the largest market in automotive engine management market due to the presence of huge population with rising disposable income. Furthermore, North America is anticipated to be the largest automotive engine manufacturing around the globe. On the other hand, over the couple of years the automotive industry is expected to experience a boosting phase in the global market as several new technologies such as ADAS, LiDAR, and powertrain are streaming into the market. The prominent players in the automotive engine management system market include Continental AG Denso Corporation, Delphi Automotive, Hella KgaA Hueck, Robert Bosch, and Hitachi Automotive Systems. Mercedes-Benz uses under scanner for emission operation using a cheat software in engine management system. In addition, these are continuously focusing on improving productivity and efficiency of the company's performance; at the same time, they are concentrating on their cost reduction to improve their profit margins. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global automotive engine management system market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

 

Get 15% discount for early purchase of global automotive engine management system market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1413

 

The recent report identified that Asia Pacific dominated the global automotive engine management system market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the automotive engine management system market worldwide.

 

The report segments the global automotive engine management system market on the basis of Engine Type and Vehicle Type.

 

Global Automotive Engine Management System Market by Engine Type

·         Gasoline 

·         Diesel

 

Global Automotive Engine Management System Market by Vehicle Type

·         Passenger Cars

·         Light Commercial Vehicles (LCVs)

·         Heavy Commercial Vehicles (HCVs)

 

Companies Profiled in the Report

·         MBE Systems

·         Infineon Technology

·         NGK Spark Plug

·         Sensata Technologies

·         Hitachi Automotive Systems

·         Robert Bosch

·         Hella KGaA Hueck

·         Delphi Automotive

·         Denso Corporation

·         Continental AG

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

 

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.