Automotive ECU Market to increase rapidly by 2022

in automotive •  6 years ago 

Industry Trend Analysis:
The Global Automotive ECU Market was evaluated around USD 27.48 billion in the 2012 and is expected to reach approximately USD 52.87 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 6.07% over the forecast period.

Automotive Electronic Control Unit or ECU is a group of computer systems that maintains and controls the total electrical, mechanical and electronic systems of an automobile. ECU can be divided on the basis of the functions as; Body Control Module (BCM), Engine Control Module (ECM), Powertrain Control Module (PCM), Electronic Brake Control Module (EBCM), Transmission Control Module (PCM), Door Control Unit (DCM), Suspension Control Module (SCM), General Electric Module (GEM), Battery Management System (BMS), and others.

Automotive works right from the quantity of air-fuel mixture essential for every engine cylinder to the movement of the vehicle windows have an Electronic Control Unit (ECU) system implanted with it that is registered, studied and stacked away in the microcontroller. The innovations in automotive technology have contributed to an augment in the implementation of complicated ECUs in an automobile.The stable growth of alternative vehicle options such as the pure electric and hybrid vehicles in the developed countries has bestowed considerably to the global ECU market owing to high complications involved in these vehicles than conventional vehicles.

Competitive Insights:
The key industry participants for the automotive ECU market are; Continental AG, Denso Corporation, Autoliv, Inc., Delphi Automotive PLC, TRW Automotive, Hitachi Automotive, and Robert Bosch GmbH.

According to the Application, the global market is split into; Safety & Security Systems, Entertainment Systems, Powertrain Electronics, Communication & Navigation Systems and Chassis Electronics.

Book Your Sample Copy of the Report here @ https://www.crystalmarketresearch.com/report-sample/AT10283 .

Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Automotive ECU Market, By Application
4.1.Introduction
4.2.Automotive ECU Market Assessment and Forecast, By Application, 2012-2022
4.3.Safety & Security Systems
4.4.Entertainment Systems
4.5.Powertrain Electronics
4.6.Communication & Navigation Systems
4.7.Chassis Electronics
To be continued...

Regional Outlook and Trend Analysis:
Exponential expansion in the logistics market aside from growing information regarding drive safety is anticipated to fuel the growth of automotive ECU in the European region. Rising demand for navigation and telematics systems in European regional market is anticipated to be a key trend in this market. The expansion of gestures control units & proximity sensors, low-cost digital radio installations and natural language voice key to connected services are the few factors that likely to boost the growth of European regional market. Asia-Pacific region is anticipated to experience considerable growth during the forecast years. This can be assigned to growing safety installations per automobile with measures like China V for light-duty automobiles. Demand in North America regional market may differ owing to decreasing high modification to innovative technologies.

Key findings of the Automotive ECU Market:
In 2013, security & safety systems section reported for a major share of the market and is anticipated to produce high revenue further over the forecast years.

Rise in production and sales of vehicles and strict governmental legislations for passenger safety boost the automotive ECU market growth; whereas perfect incorporation of ECU system is a key challenge that might hamper the ECU market growth.

Ask Questions to Expertise at @ https://www.crystalmarketresearch.com/send-an-enquiry/AT10283 .

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact Us:
Judy
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: [email protected]

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This user is on the @buildawhale blacklist for one or more of the following reasons:

  • Spam
  • Plagiarism
  • Scam or Fraud