Title: Automotive ECU Market applications and companies active in the industry
1Automotive ECU Market Global Industry Analysis
and Forecast, 2016 2023 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Automotive ECU Market
- Connected navigation and telematics systems
require embedded software to manage an increasing
number of services such as superior communication
access and management. - Global automotive electronics control unit market
share has witnessed gains due to strong demand
for interactive infotainment systems in the
vehicle. Electronic component installations have
increased consequently in the mid-sized segment
due to advanced technology adoption. - Electric vehicle powertrain is equipped with ECUs
to regulate power electronics systems, battery,
and electric motors depending upon the engine
load. Increasing demand for these vehicles among
consumers will favor low cost developments of
associated components.
3 Continued...
- High functionality required to control the rising
communication options between electronic
components has increased its complexity. The
prioritization of development between hardware
software architectures will hamper the automotive
ECU market growth. - MEA automotive ECU market will grow at over 4.5
from 2016 to 2023. Nigeria, Algeria, Egypt and
Iran are likely to improve their factory
capacity, supporting the regional growth. - Global automotive ECU market providers are
Autoliv, Continental AG, TRW Automotive, Bosch,
Delphi and Denso. Industry players focus on
long-term contracts for their products supply to
retain their revenue share.
4China Automotive ECU Market size, by application,
2012-2023 (USD Billion)
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6360 Analysis
- Product Analysis
- Technological upgrades in hardware and software,
and their operational prioritization has
presented major challenges for Tier 1
manufacturers and suppliers in the industry. - Regional Analysis
- Europe automotive ECU market size was valued at
over USD 8 billion in 2015. Government mandates
regarding installation of AEBS for effective
passenger, drivers, and children safety will
support the regional demand. - Competitive Market Share
- Key players contributing to automotive ECU market
share are Johnson Controls, ZF TRW, Robert Bosch,
Delphi, Denso, and Continental. Other
participants include Lear Corp., Faurecia, Aisin
Seiki, and Hyundai.
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