Automotive Electronic Control Unit Market Size, Share, Report 2020-2025Posted by Matt Johnson on March 12th, 2020 According to a new report by Expert Market Research titled, ‘Global Automotive Electronic Control Unit Market Report and Forecast 2020-2025, the global automotive electronic control unit (ecu) market reached a value of nearly USD 40 billion in 2019. The market is further expected to reach USD 56.2 billion by 2025, growing a CAGR of 7% between 2020 and 2025. Get a Free Sample Report with Tables of Content – https://www.expertmarketresearch.com/request?type=report&flag=E&id=245 Competitive Landscape & Supplier Analysis:
The global automotive electronic control unit market is being driven by the increasing acceptance of advanced safety systems. The global market for automotive electronic control units has expanded, with an emphasis on emission control and fuel efficiency. Automotive manufacturers are now concentrating more on software upgrades that would boost fuel efficiency and the regulation of emissions. The electronic automotive control unit performs an integral role within the engine as well as improving its efficiency to allow the vehicle to run smoothly. Components such as powertrain system, engine control unit, engine management system, brake control module, and climate control systems are the main components of the automotive electronic control unit. These modules operate very effectively and relay the output of the engine to the electronic control unit.
Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/automotive-electronic-control-unit-market The automotive electronic control unit market is growing in the Asia Pacific region due to the growing markets in China and Japan. The automotive electronic control unit market in China and Japan is being aided by the growing consumption and production of electric vehicles in the two countries. North America is also expected to be one of the leading regional markets for automotive electronic control unit. Due to several government regulations in the region positively influencing the demand for electric vehicles, the North America market for automotive electronic control unit is expected to grow substantially in the coming years. The rapid growth of the automobile industry and the expansion of the commercial vehicles segment has led to major players in the automotive electronic control unit market enhancing their portfolio to meet the rising demand from the commercial segment. In September 2018, Delphi Technologies (NYSE: DLPH) announced its expansion of electrified solutions including power electronics for commercial vehicles, with new manufacturing facilities planned in China and Poland. The company also launched its Generation 7 electronic controllers in September 2018 for commercial vehicles. Market Analysis by Type:
The automotive electronic control unit types included in the market are engine control unit, brake control module, suspension control module, powertrain control module, transmission control module, and telematics control unit, among others. Market Analysis by Vehicle Type:
Passenger car, light commercial vehicle, and heavy commercial vehicle are the major vehicle types available in the market. Market Analysis by Technology:
The automotive electronic control unit technology is segmented into transmission control system, engine management system, anti-lock braking system, power steering system, airbag restraint system, climate control system, and body control system. Market Analysis by Region:
The major regions in the market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Key Findings of the Report:
Key Offerings of the Report:
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