Automotive Electronic Control Unit (ECU) Market Trends, Size, Analysis, Segment Growth 2027 (2022)

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Report Description

The global Automotive Electronic Control Unit (ECU) market size is estimated at USD 50.68 billion in 2020, expanding at a CAGR of 6.7% from 2021-2027 to reach 62.77 billion USD in 2027.

Market Dynamics

During the projection period, sales of automotive electronic control units (ECUs) are predicted to increase. The market is growing due to increased acceptance of autonomous driving technology in the form of driver-assisted technologies such as Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), blind-spot detection, park assist, and Lane Departure Warning (LSW) systems. Over the projected period, rising consumer demand for fuel-efficient Electric Vehicles (EVs), self-driving automobiles, and vehicle-to-vehicle communication technologies are likely to drive market expansion.

Consumer awareness of the need to reduce fuel usage has resulted in a significant increase in demand for hybrid and battery electric cars. Hybrid electric cars use several power sources to lower fuel consumption while still providing a pleasant,and silent driving experience for the user. Due to the growing electric vehicle engine and battery management systems for electric vehicles, there is a significant demand for mass transit electric vehicles in addition to passenger automobiles.

In addition, regulatory agencies in a number of nations have enacted strict fuel emission laws in order to improve road safety. The European Commission and China, for example, established the New Car Assessment Program (NCAP), which requires the use of automated emergency braking and lane departure warning systems, assuring widespread use of active safety systems. Europe and Chinahave also enacted stringent restrictions to decrease their carbon footprints and promote the use of electric vehicles as a viable alternative to traditional automobiles. In the future, these actions are expected to help boost the market growth.

Artificial intelligence (AI), augmented reality (AR), and machine learningare projected to dramatically revolutionize the driving experience within the next decade. BMW has already installed the augmented reality dashboard in its vehicles. By 2020, over 70% of the company's automobiles will be equipped with augmented reality dashboards, substantially improving the human-machine interaction. Furthermore, market growth is expected to be boosted by investments in the development of these technologies for enhanced vehicle performance.

Regional Analysis

The increased demand for in-vehicle infotainment and communication apps in passenger vehicles can be attributed to the expansion. The fast growth of China's automotive sector, which creates prospects for the country's automotive ECU market, is driving demand for automotive ECUs. The rising population in the Asia Pacific area, as well as rising disposable income, are some of the causes driving up automotive manufacturing, resulting in attractive market development potential.

Segment Analysis

Internal Combustion Engine (ICE) cars led the automotive ECU market by propulsion type in 2019, accounting for a considerable proportion. Because of the rising production of automobiles in emerging economies like as China and India, the ICE category is expected to dominate the market throughout the projection period. However, due to the rising demand for electric cars in emerging nations, it is expected to rise at a low CAGR. In addition, the Indian government has launched various initiatives to encourage electric transportation, including the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME).

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Automotive ECUs by type, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • ZF
  • Mitsubishi Electric
  • Magneti Marelli
  • Lear
  • Infineon Technology
  • Hyundai Mobis
  • Hitachi
  • Hella KGaA Hueck & Co. (HELLA)
  • Denso Corporation
  • Delphi Technologies
  • Continental AG
  • Bosch
  • Autoliv
  • Aptiv
  • Altera (Intel Corporation)

Capacity Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • 16-Bit
  • 32-Bit
  • 64-Bit

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • ADAS & Safety Systems
  • Body Electronics
  • Powertrain
  • Infotainment
  • Others

Propulsion Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Battery Powered
  • Hybrid
  • Internal Combustion Engine (ICE)

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

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Frequently Asked Questions

What is the estimated size of the global market?
Which is the highest revenue generating region in the worldwide market?

North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.

At what CAGR is the global market is projected to grow during the forecast period (2021-2027)?
Which region will grow at the fastest CAGR during the forecast period?

Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.

Who are the leading players and how is the competitive landscape in terms of global as well as regional markets?
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