Press release
Hybrid Vehicle Electronic Control Unit (ECU) Market Become Dominant At CAGR Of 50.99% By 2021
A modern luxury car has over 70 ECUs to manage its electrical systems. These modern automobiles have many ECUs owing to the increasing demand for safety features, such as advanced driver assistance systems (ADASs), in automobiles that can be implemented in a cost-effective manner using ECUs. Hybrid vehicles have a significant adoption rate of ECUs for various applications owing to the presence of electric drivetrain and requirement of efficient power management for greater mile range, leading to growth in the hybrid vehicle ECU market.
Technavios analysts forecast the global hybrid vehicle electronic control unit (ECU) market to grow at a CAGR of 50.99% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global hybrid vehicle electronic control unit (ECU) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
Technavio's report, Global Hybrid Vehicle Electronic Control Unit (ECU) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Continental
MAHLE
DENSO
Delphi
ZF
Other prominent vendors
Autoliv
FUJITSU TEN
HuberGroup
Keihin
Minda Corporation
Pektron
Tata Elxsi
Market driver
Cost reduction in hybrid vehicles, leading to their increased adoption
For a full, detailed list, view our report
Market challenge
High cost-to-weight ratio of HEV
For a full, detailed list, view our report
Market trend
Development of hybrid ECU to control the system of HEV
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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