About Vehicle Control Unit
The vehicle control unit (VCU) in the automobile industry is an embedded electronic device, generally a digital computer, which reads signals coming from sensors placed at numerous parts and in different components of the car and depending on this information controls several important units such as engine and other automated operations within the vehicle among many. The requirement for past automotive systems has been to deliver driving, cornering, and stopping performance that faithfully responds to the actions of the driver while also maintaining comfort, with enhancements have led to improvements in the various subsystems which include the engine, brakes, steering, and suspension.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Most of the companies in this market are middle eastern companies that also serve in large parts of the world. Expanding in the west could be a good strategy in this market. Marketing is necessary to create awareness about this drink. Strict regulations are necessary to ensure the safety of consumers in this market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Vehicle Control Unit market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Robert Bosch GmbH (Germany), Continental AG (Germany), Texas Instruments (United States), Mitsubishi Electric Corporation (Japan), STMicroelectronics (Switzerland), Autonomous Solutions Inc. (United States), IET SPA (Italy), PI Innovo (United States), Embitel (India) and Rimac Automobili (Croatia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pues Corporation (Japan), Ecotrons LLC (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Vehicle Control Unit market by Type (16-Bit, 32-Bit and 64-Bit), Application (ADAS & Safety System, Body Control & Comfort System, Infotainment & Communication System and Powertrain System) and Region.
On the basis of geography, the market of Vehicle Control Unit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, Croatia, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Propulsion Type, the sub-segment i.e. BEV will boost the Vehicle Control Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. CAN will boost the Vehicle Control Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Advanced Features in Automobiles
Market Growth Drivers:
Increasing Demand for Automotive Worldwide and Stringent Safety Regulations Fixed By Government
Challenges:
High Installation Cost
Restraints:
Increasing Complexity in Vehicle Control Unit
Opportunities:
Rising Demand for Electric and Hybrid Vehicles
Market Leaders and their expansionary development strategies
In August 2023, Saietta Group plc, the British electric drivetrain (eDrive) specialist, has completed the development of an all-new Vehicle Control Unit (VCU), that has been co-developed with HCLTech specifically for three- and four-wheeled lightweight electric vehicles (LEVs) in Asia.
In April 2023, Infineon Technologies AG launched a new automotive power module. The HybridPACK Drive G2. It builds on the well-established HybridPACK Drive G1 concept of an integrated B6 package, offering scalability within the same footprint and extending it to higher power and ease-of-use.
Key Target Audience
Manufacturers of Vehicle Control Unit, Suppliers of Vehicle Control Unit, Automotive Industry, Governmental Bodies, Research Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.