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Automotive ECU Market by Robert Bosch, Continental, Aptiv, Denso, Autoliv, Mitsubishi Electric, ZF
Posted: Apr 29, 2019
According to the market research report Automotive ECU Market Automotive ECU Market by Application, ECU Capacity (16-bit, 32-bit, 64 bit), Propulsion (BEVs, HEVs, ICE), Level of Autonomous Driving, Vehicle Type (LDV, HCV, Construction & Mining Equipment, Agricultural Tractors), and Region - Global Forecast to 2025. The research methodology used in the report involves primary and secondary sources and follows a bottom-up approach for the purpose of data triangulation.
The Automotive ECU Market (Electronic Control Unit) was valued at USD 23.55 billion in 2017 and is projected to reach USD 39.28 billion by 2025, at a CAGR of 5.77% during the forecast period. The base year for the report is 2017 and the forecast period is 2018 to 2025. Download our free PDF Brochure and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=34863602
The 32-bit ECU segment is estimated to be the largest segment of the automotive ECU market during the forecast period. The rising demand for advanced electronics such as windshield HUDs, infotainment & navigation units, ADAS systems, drive mode selector, electric powertrain, and advanced telematics are expected to drive the 32-bit ECU market, as these functions requires high calibration and real-time processing.
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The ADAS & safety system segment is estimated to be the fastest growing market during the forecast period, as majority of the luxury and mid-segment vehicles are equipped with basic safety functions such as ABS, anti-lock braking system, e-call, AEB, and TPMS. Stringent safety norms and growing awareness about road safety are also fueling the growth of ADAS & safety system segment in the automotive ECU market.
Browse and in-depth TOC on report Automotive ECU Market
91 - Tables
55 - Figures
161 – Pages
Asia Pacific is estimated to be the largest market for automotive ECU. The Asia Pacific region accounts for about 50% of the global automobile production. The region comprises emerging economies such as China and India along with developed nations such as Japan and South Korea. The increasing application of advanced electronics in vehicles, growing purchasing power of consumers, and increasing awareness of safety features are the key factors driving the growth of automotive ECU market in the Asia Pacific Region.
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Automotive ECU Market Key Players
The report covers all the major players in the automotive ECU market, including Robert Bosch (Germany), Continental (Germany), Aptiv (UK), Denso (Japan), Autoliv (Sweden), Mitsubishi Electric (Japan), ZF (Germany), Hitachi (Japan), and Magneti Marelli (Italy).
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