Vehicle Control Unit Market - Opportunities & Forecast, 2020-2027


Posted September 10, 2020 by shaqibakram

Increasing demand for electric and hybrid vehicles and technological advancement in electronics powertrain solutions, ADAS, etc.

 
Vehicle Control Unit reads sensor signals of brakes, HVIL, or charger connection and then balance system energy, hybrid vehicle battery pack, controls the motor, etc. The vehicle control unit act as a controller for an electric and hybrid vehicle.

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Increasing demand for electric and hybrid vehicles and technological advancement in electronics powertrain solutions, ADAS, etc. are driving the market growth. In addition, growing additional functionalities in electronic vehicles in order to control electronic components such as the engine, dashboard instrument, etc. are also fuelling the market growth during the forecast period. Moreover, strict government and regulatory policies to install safety systems in electric vehicles to increase road safety are also anticipating the growth of the market. For instance, in Feb 2018, STMicroelectronics launched a chip that can tackle features like night vision, 360-degree detection, etc. for driverless auto.

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Various notable players in the market includes Continental AG, Robert Bosch GmbH, Texas Instruments, Mitsubishi Electric Corporation, Autoliv Inc., DELPHI Technologies, Altera (Intel Corporation), Denso Corporation, Atmel Corporation, STMicroelectronics and among others. Major players are focussing on product launch, acquisition, collaboration to expand their global reach and become a market competitive.

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The research report “Global Vehicle Control Unit market” provides in-depth analysis of the global Vehicle Control Unit market based on propulsion, capacity, vehicle type, application and major geographies for the forecast period from 2019 to 2026. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Vehicle Control Unit market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:

At what pace is global Vehicle Control Unit market growing? What will be growth trend in future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Vehicle Control Unit market?
What are the various application areas and how they are poised to grow?

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Last Updated September 10, 2020