Industry Background:
Automotive Electronic Control Unit, also called as AECU, is an embedded system that controls one or more of the electrical system or subsystems in a transport vehicle. AECU is responsible for monitoring all aspects of engine operation, making adjustments based on driver input, and more. It reads the amount of airflow entering the engine to adjust the throttle and it controls the Check Engine Lights. .
The Global Automotive Electronic Control Unit market presents a comprehensive analysis of the Automotive Electronic Control Unit market by product type (Engine Control Unit, Brake Control Module, Engine Management System, Powertrain System, Climate Control System and Others), by end-user/application (Passenger Vehicles and Commercial Vehicles), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Vendors profiled in the report 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).
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Billion) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
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.
Market Growth Drivers:
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., Enhancement in the features of electronic components and technologies of the emerging electric vehicle industry, in order to augment the passenger comfort level. and Driver safety, security concerns, effortless driving and minimum maintenance.
Challenges:
Increasing complexities in the system and The high cost of electronic control unit system
Restraints:
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.
Opportunities:
Increasing demand for hybrid and electric vehicles is increasing along with need for advanced driver assistance features.
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Automotive Electronic Control Unit industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest. For instance, while the Asia-Pacific holds majority of market share of the Automotive Electronic Control Unit, the North-America has emerged as a crucial market for several Automotive Electronic Control Unit brands.
The regional segmentation covered in this report are:
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, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)