About Electronics Control Management
The electronic control management is widely used in automotive to control electrical subsystems in a transport vehicle. Automotive with increasing adoption of advanced safety systems and assisted driver assistance functions or features such as blind spot detection and automatic emergency braking at lower costs are projected to boost the growth of the electronic control management market. Electronic control units are designed according to the applications in order to deal with composite sensor structure and electrical wirings
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key player trends include mergers and acquisitions, new product launches, and technological evolution to develop versatile document management software. Regulatory scenario and technologically advanced products are expected to drive market growth in developed and developing nations. Companies are highlighting on product innovation and customization to suit varied application requirements and serve as key differentiators among various industries. Analyst at AMA Research estimates that United States and German Vendors will contribute the maximum growth to Global Electronics Control Management 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.
Calsonic Kansei Corporation (Japan), Continental AG (Germany), Delphi Auto Parts (United States), Denso Corporation (Japan), HELLA GmbH & Co. KGaA (Germany), Hitachi Automotive Systems, Ltd. (Japan), Hyundai Mobis (South Korea) and Infineon Technologies AG (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Tremec (United States), ZF Friedrichshafen AG (Germany), Magneti Marelli S.p.A. (Italy) and Robert Bosch GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Electronics Control Management market by , Application (Engine Control Module, Transmission Control Module, Brake Control Module, Suspension Control Module, Body Control Module and ADAS Module) and Region.
On the basis of application, Engine Control Module segment is dominating the market in the year 2023 where as Transmission Control Module segment stood as second largest market .On the basis of geography, the market of Electronics Control Management 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, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Vehicle, the sub-segment i.e. Passenger Vehicle will boost the Electronics Control Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising demand for advance features in vehicles
Market Growth Drivers:
The increasing sales & production of vehicle and Strict government regulations toward passenger safety
Challenges:
High security risk
Restraints:
Increasing complexities in the system
Opportunities:
Increasing demand from developing economies
Market Leaders and their expansionary development strategies
In August 2023, Hella partners with HERE Technologies to incorporate real-time traffic data and geospatial information into vehicle ECUs for optimized navigation and route planning.
In December 2023, ZF Friedrichshafen AG joins forces with startups and universities on research and development of AI-powered predictive maintenance solutions for automotive ECM systems.
Key Target Audience
Electronic control management solution, Suppliers of electronic control management parts, Automotive industry, Governmental bodies, Research firms and Auto parts manufacturers
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.