Worldwide Automotive Electronics Control Unit (ECU) Market By Capacity 2018-2024 | Delphi Technologies, Hyundai MOBIS, Hitachi Automotive Systems, Altera Corporation, Texas Instruments, Lear Corporation, Johnson Control, Panasonic Corporation
The North America automotive ECU market has experienced a high demand due to innovations in the autonomous vehicle technology. Increasing automated and self-driving vehicle testing projects in the U.S. are driving the industry growth. Additionally, favorable government permits for carrying out the test procedures are accelerating the development of automated technologies. Moreover, the Asia Pacific automotive ECU market is expected to grow rapidly due to factors such as developments in the automotive industry and increasing requirements of the population for automobiles in countries including China and India. The economies are witnessing a significant growth in the sales of HEVs, further accelerating the ECU demand.
Companies operating in the global automotive ECU market include Bosch Group, Denso Corporation, Delphi Technologies, Hyundai MOBIS, Hitachi Automotive Systems, Altera Corporation, Texas Instruments, Lear Corporation, Johnson Control, Panasonic Corporation, Voxx International Corporation, and Calsonic Kansei Corporation. The participants are increasingly adopting low-pricing strategies to cater to the major OEMs and create entry barriers for new players in the automotive ECU market. These companies are developing a competitive cost structure by increasing the product efficiency and minimizing the market complexity.
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Commercial vehicles are witnessing a rise in the implementation of control units, which is further driving the automotive ECU market growth. Major control unit functions in commercial vehicles, such as trucks and agricultural vehicles, include transition lighting, higher current, and sensing accuracy for smaller loads. For instance, Infineon Technologies offers its 24 V body ECUs to agricultural vehicles and high load capacity trucks in the automotive ECU market.
Semi-autonomous vehicles are expected to witness a rapid growth over the forecast timeline owing to the driving assistance features. These vehicles that incorporate the ECUs offer advantages such as critical safety functions, little human input, and better fuel efficiency. The growing demand for the vehicles is being witnessed in several regions such as Europe and North America due to the strong presence of global automobile players. The adaptive cruise control feature in the vehicles automatically adjusts the speed of the vehicle to maintain a safe distance from the nearby objects thereby supporting the industry demand.
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Increasing awareness about environmental protection and the use of electric vehicles across the globe are driving the automotive ECU market. With the increasing need for reducing the global fuel usage and carbon emissions, the demand for electric vehicles is increasing rapidly. EVs and HEVs offer several cost benefits to users including reduced fuel investment and low maintenance of the electric engines. The vehicles are majorly developed with eco-friendly manufacturing technologies and implement sustainable components, further reducing the carbon footprint. For instance, The European Commission set up the Green Car Initiative that will focus on the electromobility development, Green eMotion. The EU initiative is aimed at exchanging and developing the electric vehicles market in several European countries.
The 32 -bit controller segment in the automotive ECU market is expected to witness growth from 2018 to 2024. The controller components are mainly deployed in vehicles parts owing to the associated benefits that include lower power requirements and design simplifications. The conventional control units integrating 8-bit and 16-bit controllers have complex designs as compared to the advanced 32-bit options. Several automotive functions are supported by innovative controllers such as power tool processing, in-vehicle transmission, and modified engine management. Additionally, the trend of ECU miniaturization that lowers hardware costs and simplifies the design is further driving the automotive ECU market.
Table of Content:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Automotive ECU Application Insights
Chapter 5 Automotive ECU Market, By Vehicle Type
Chapter 6 Automotive ECU Market, By Mode
Chapter 7 Automotive ECU Market, By Propulsion Type
Chapter 8 Automotive ECU Market, By Application
Chapter 9 Automotive ECU Market, By Region
Chapter 10 Company Profile
Outer Scope of this report The growing adoption of electric vehicles and the development of autonomous vehicles are projected to create ample business opportunities in the future. In a recent turn of events, Maruti Suzuki, India’s largest carmaker, has started testing its electric car prototypes under a pilot project in the Gurugram facility. Reportedly, these electric cars are developed by Suzuki Motor Corporation, Japan and are based on the Wagon R platform. The electronics control units are the primary element of electric cars as ECUs control all the electronic and electrical components of the vehicle. In this backdrop, it is rather overt that an increase in the production of electric vehicles would boost automotive electronics control unit market share.
Key players in the automotive ECU market are developing innovative products to take vehicle performance and safety to the next level, thereby enhancing automotive electronics control unit market growth prospects. However, the elevated complexity of the overall vehicle system and the difficulty of OEMs in managing & maintaining the embedded controller driven process might impede market growth to some extent.
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