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