The global Automotive Electronics Control Unit market was valued at US$ 33690 million in 2020 and it is expected to reach US$ 43020 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.
The automotive electronic control unit refers to a control device that is composed of integrated circuits and is used to implement a series of functions such as analyzing and processing data. Widely used in the car, and the integration is getting higher and higher. The automotive electronic control unit is mainly composed of input circuits, A/D (analog/digital) converters, microcomputers and output circuits.
The high demand for automotive electronic control units is due to the growth in awareness of fuel efficiency and emission control among the manufacturers. An automotive electronic control unit is embedded systems that controls electrical subsystems in a vehicle. The various types of electronic control unit include Engine Control Module (ECM), Powertrain Control Module (PCM), Transmission Control Module (TCM), Brake Control Module (BCM), Body Control Module (BCM) and Suspension Control Module (SCM). These components transmits the vehicle performance to the electronic control unit. The driving factor for the growth of electronic control unit market are low emission and higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicle emission, technological advancements and emerging economies. However, the high cost of electronic control unit system acts as a barrier for the growth of automotive electronic control unit market.
Global Automotive Electronics Control Unit Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Electronics Control Unit Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Autoliv, Bosch, Denso, Continental, TRW Automotive and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Transmission Control System
- Engine Management System
- Antilock Braking System
- Climate Control System
- Power Steering System
- Airbag Restraint System
- Body Controls System
Segment by Application
- Utility Vehicles
- Passenger Cars
- Commercial Vehicles
Table of Content:
1 Automotive Electronics Control Unit Market Overview
2 Automotive Electronics Control Unit Market Competition by Manufacturers
3 Automotive Electronics Control Unit Retrospective Market Scenario by Region
4 Global Automotive Electronics Control Unit Historic Market Analysis by Type
5 Global Automotive Electronics Control Unit Historic Market Analysis by Application
6 Key Companies Profiled
7 Automotive Electronics Control Unit Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Automotive Electronics Control Unit Market Dynamics
10 Global Automotive Electronics Control Unit Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.