Automotive ECU Market Research Report on Development Trend with CAGR of 5.77% from 2018 to 2025.


Posted July 19, 2019 by rechaldey

Automotive ECU Market is driven by Growing Demand for Electric Vehicles.

 
The report 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 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.

Automotive ECU Market is driven by Growing Demand for Electric Vehicles.

The 32-bit ECU segment is estimated to be the largest segment in the Automotive ECU Market

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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Major players profiled in the report are:

• Robert Bosch (Germany),
• Continental (Germany),
• Aptiv (UK),
• Denso (Japan),
• Autoliv (Sweden),
• Mitsubishi Electric (Japan),
• ZF (Germany),
• Hitachi (Japan),
• Magneti Marelli (Italy).

ADAS & safety system segment is estimated to be the fastest growing segment in the Automotive ECU
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. Asia Oceania is projected to be the largest and the fastest growing automotive turbocharger market

Asia Pacific: Largest regional market for Automotive ECU

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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Target Audience of Automotive ECU Market

• Automotive ECU manufacturers
• Automotive cockpit electronics manufacturers
• Automotive powertrain manufacturers
• Automotive safety and comfort system manufacturers
• Industry associations
• Raw material suppliers for automotive ECU manufacturers
• The Automobile Industry as an end-user, traders, distributors, and suppliers of automotive ECUs

Don’t miss out on business opportunities in Automotive ECU Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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Last Updated July 19, 2019