openPR Logo
Press release

Engine Control Unit (ECU) Market Estimated to Exhibit 7.1 % CAGR through 2027

05-08-2018 12:39 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Engine Control Unit (ECU) Market Estimated to Exhibit 7.1 % CAGR

Several product categories like Powertrain Control Module, Transmission Control Module, Communication and Navigation Control Module, Vehicle Control Module, Engine Control Module, Body Control Module, etc., have spawned huge opportunities and prospects for the growth of the ECU market on a worldwide basis. Modernization in the field of automotive electronics has led to the transformation in the ECU sector, thus taking it to the next level. ECUs are being revolutionized and they are being incorporated with microprocessors to achieve higher degree of efficiency and quicker response time that has a positive impact on the overall performance of the vehicle.

There is a rising demand for ECUs in hybrid cars, advanced vehicles and luxury vehicles from the emerging and developed economies. This is a major aspect driving the growth of the ECU market. Regulations have been put in place to standardise the usage of fuel. This coupled with rising demand for higher mileage is fuelling the adoption of automotive ECUs on a large scale thus driving the growth of the global market. Other factors supporting the growth of the global ECU market are low maintenance, safety and driving ease and convenience.

The comprehensive research report on “ECU Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)” by Future Market Insights unveils several aspects of the global ECU market that offer opportunities for expansion in the future. According to the research report, the global market for ECU is anticipated to grow at a robust CAGR of 7.1% through the period of assessment of 2017-2022.

4 Key Highlights on Global ECU Market

Asia Pacific excluding Japan (APEJ) region is expected to be the largest region for the ECU market that is growing at a high CAGR of 8.2% during the period of assessment. This growth of the ECU market in this region is expected to be driven by favourable regulations, low cost and emerging technological advancements in the field of automotive electronics

Request to View Sample of Research Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5208

By Sales Channel, OEM segment is the most lucrative as it reflects a high growth rate and a high market share. By the end of 2022, this segment is estimated to reach a valuation of about US$ 9 Bn

By vehicle type, the commercial vehicle segment is the fastest growing category, registering CAGR of 7.7% and is likely to reach a remarkable market valuation by the end of 2022. However, the compact vehicle segment in this category is the most lucrative one, with the highest market value in the years to come

By Product type, the communication and navigation control module segment is expected to show high potential with a striking market revenue by the end of the forecast period. Manufacturers can consider this as a profitable investment option

Request for Table of Contents @ https://www.futuremarketinsights.com/askus/rep-gb-5208

Global ECU Market: Competitive Scenario

The global ECU market research report includes analysis of key companies involved in the ECU market. The key developments, product portfolio and pipeline, SWOT analysis, key financials and innovations of players such as Delphi Automotive Plc, ZF Friedrichshafen AG, Mitsubishi Electric Corporation, Takata Corporation, Hitachi Ltd., Autoliv Inc., Denso Corporation, Magneti Marelli S.p.A, Continental AG and Robert Bosch GMBH has been included in this comprehensive report.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Engine Control Unit (ECU) Market Estimated to Exhibit 7.1 % CAGR through 2027 here

News-ID: 1042936 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for ECU

SPI Interface Customization in Automotive ECU Testing
Hardware-in-the-Loop, HIL Testing Relies on ADwin System CAS DataLoggers provided the data acquisition solution to an automotive manufacturer in a real-time Hardware-in-the-Loop (HIL ) automotive test simulation application for their airbag electronic control units (ECUs). Airbag test is a common HIL application in automotive ECU testing & development to ensure that components function properly and are up to specification. Here a particular airbag ECU is the H (hardware) under test in
ADAS ECU Market Size, Share, Development by 2024
Global Info Research offers a latest published report on ADAS ECU Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-adas-ecu-market_p107899.html(Electronic control unit) for Front Camera-market_p107867.html   ADAS ECU is
Automotive ECU(Software) Market Is Thriving Worldwide
A new independent 112 page research with title 'World Automotive ECU(Software) Market Research Report 2023 (covering USA, Europe, China, Japan, India, South East Asia and etc)' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like USA, Europe, Japan, China, India, South East Asia and important players/vendors such as Bosch, Denso, TRW Automotive etc. With n-number of tables and figures examining
Automotive ECU Market Analysis, Trends, Forecast, 2016-2026
Automotive ECU or Electronic Control Unit is a family of computer systems that controls and maintains the entirety of electronic, electrical and mechanical systems of a vehicle. ECU can be classified based on the functions such as Engine Control Module (ECM), Body Control Module (BCM), Electronic Brake Control Module (EBCM), Powertrain Control Module (PCM), Transmission Control Module (PCM), Suspension Control Module (SCM), Door Control Unit (DCM), Battery Management System (BMS),
Global Automotive ECU Market Professional Survey Report 2017
ReportsMonitor.com has added a new report to its database Global Automotive ECU Market Professional Survey Report 2017 This report studies Automotive ECU in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request For a sample copy @ https://www.reportsmonitor.com/request-sample/?post=333480 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Bosch Continental Denso Delphi TRW Hyundai AUTRON Magneti
Global Automotive ECU Market 2016 - 2020
The Automotive ECU report created by Markets N Research includes in-depth study of variable market trends and statistics by dynamic team of researchers. The report provides detailed information about the definition and specification, and focuses on overall analysis of the manufacturing process along with in-depth classification of segments based on applications, end-users, and product’s physical properties. The report delivers precise data relevant to competitive analysis based on regional insight along