AMA recognizes the following companies as the key players who are driving Automotive Electronic Control Unit market, some of them are 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 and Takata Corporation (Japan).

An analyst from AdvanceMarketAnalytics team said: “One of the key factors which is trending the market is “In the current scenario, rise in demand of electric vehicles and autonomous cars which are equipped with various automotive electronic control unit along with LiDAR sensor technology in order to provide the advanced driver assistance features. and Smartphones connected to the vehicle providing the driver with real time information.”. Considering the revolutionary changes occurring in this market, there is a growing demand from the use of Automotive Electronic Control Unit such as Engine Control Unit, Brake Control Module, Engine Management System, Powertrain System, Climate Control System and Others.

According to the report, some of the important driving forces behind the market growth are “Stringent automotive guidelines proposed by the governments in various countries, particularly in Europe and North America have led to a considerable growth in the automotive electronic control unit market. ”. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Vendors, additional restraints impacting market are “Lack of awareness regarding subsystems and difficulty of OEMs in maintaining & managing the embedded controller enabled process might act as a restraint for market growth.” which is continuously seeking attention of Industry Experts and Decision makers.

The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Vendors.