Press release
Automotive Electronics Control Unit (ECU) Market 2019: Players – Panasonic, Johnson Controls, Continental, DENSO, Texas Instruments, Lear Corporation, Infineon Technologies, Atmel Corporation, Broadcom Inc
Increasing installation of the advanced features and ADAS in autonomous and luxury vehicles is driving the automotive electronics control unit market growth. Luxury vehicles deploy a large number of ECUs and offer advanced driving assistance benefits and 360º radar sensing. Developments observed in the design and manufacturing of electric vehicles (EVs) and hybrid electric vehicles (HEVs) are the key trends that will positively impact the market growth.
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Passenger vehicles are expected to grow at around 6% CAGR in the automotive ECU market. These vehicles include luxury cars that deploy the highest number of ECUs owing to their requirements for enhanced performance. Modern passenger cars deploy several automated features such as airbag security and energy-efficient engines. ECUs in the utility and commercial vehicles provide several IoT-based functions, controlling and managing the overall engine capacity functions.
Battery Electric Vehicles (BEVs) automotive electronics control unit market accounted for over 30% share in terms of unit shipment in 2017 and is expected to grow due to the high demand for energy efficient vehicles across various regions. Several countries are focusing on improving their carbon emission rates and are developing various initiatives & programs to promote the adoption of these solutions. Major automobile manufacturing players are supporting the government initiatives to reduce the pollution rate and contribute to the sustainable goals achievement.
Automotive Electronics Control Unit (ECU) Market Important Key Players:
1.Advics Co., Ltd.
2. Altera Corporation
3. Delphi Technologies
4. Atmel Corporation
5. Voxx International Corporation
6. Broadcom, Inc.
7. Bosch Group
8. Calsonic Kansei Corporation
9. Continental AG
10. Denso Corporation
11. The Dow Chemical Company
12. Hitachi Automotive Systems, Ltd.
13. Hyundai Mobis
14. Infineon Technologies
15. Lear Corporation
16. Mitsubishi Electric Corporation
17. Magneti Marelli S.p.A.
18. Panasonic Corporation
19. Texas Instruments Incorporated
20. ZF Friedrichshafen AG
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The Europe automotive electronics control unit (ECU) market is expected to grow at a CAGR of over 5% from 2018 to 2024. The growth can be credited to the presence of large number of prominent automobile manufacturers in Germany, France, and Italy. In addition, the increasing government legislation and supportive policies are further expected to propel the automotive ECU market share.
The rise in automobile production across the globe to cater to the increasing population requirement is further creating several opportunities for the automotive electronics control unit (ECU) market growth. The global automobile manufacturing market identifies smart connectivity and greener production initiatives, leading to an increased consumption of control units. Additionally, several favorable government reforms to control the road traffic and ensure driver safety drive the production of modern vehicles.
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Key companies providing enhanced solutions in the automotive electronics control unit market comprise Bosch Group, Hitachi Automotive Systems, Hyundai MOBIS, Delphi Technologies, Lear Corporation, Johnson Control, Continental AG, Mitsubishi Electric Corporation, Altera Corporation, and Magneti Marelli.
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