Press release
Automotive ECU Market Size Worth $67.7 Billion By 2026 | Industry Participant: Denso Corporation, Lear Corporation, Continental AG, Delphi Automotive PLC, Hella KGaA Hueck & Co., ZF Friedrichshafen AG and others.
Automotive ECU Market
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The expanding global automotive industry, along with increasing demand for passenger cars majorly drives the market growth. The adoption of electric vehicles has increased significantly owing to stringent government regulations regarding vehicular emissions, thereby supporting market growth. Other factors driving the market growth include growing demand of ADAS systems, technological advancements, and modernization of vehicles. New emerging markets, emerging consumer demographics, and increasing demand of vehicles would provide growth opportunities for automotive ECU market in the coming years.
Market players operating in the global automotive ECU market are investing significantly in research and development and technological innovation to develop advanced products to meet the growing consumer demands. The development of autonomous vehicles is significantly increasing the demand for automotive ECU. Electric vehicles are increasingly being adopted worldwide owing to stringent regulations regarding vehicular emissions.
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In 2017, Asia-Pacific accounted for the highest share in the global automotive ECU market. The primary factors driving the automotive ECU market growth in the region include established automotive industry, technological advancements, and high investment in R&D. The introduction of stringent government regulations regarding vehicular safety and emissions accelerates the adoption of automotive ECU in the region. The economic growth in countries such as China, Japan, and India, increasing development of autonomous vehicles, and growing automotive modernization further increases the demand of automotive ECU in the region.
The well-known companies profiled in the report include Denso Corporation, Lear Corporation, Continental AG, Delphi Automotive PLC, Hella KGaA Hueck & Co., ZF Friedrichshafen AG, Robert Bosch GmbH, Autoliv Inc, Hitachi Automotive Systems, Ltd., and Infineon Technologies AG. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Key Segments:
Automotive ECU Market Size and Forecast, 2017-2026 by Application
• Key Findings
• Infotainment & Communication System
• ADAS & Safety System
• Powertrain System
• Body Controls System
• Climate Control System
• Others
Automotive ECU Market Size and Forecast, 2017-2026 by Vehicle Type
• Key Findings
• Passenger Vehicles
• Commercial Vehicles
• Utility Vehicles
Automotive ECU Market Size and Forecast, 2017-2026 by Region
• North America [U.S., Canada]
• Europe [Germany, UK, France, Italy, Spain, Belgium, Netherlands, Rest of Europe]
• Asia-Pacific [China, India, Japan, South Korea, Singapore, Malaysia, Rest of Asia-Pacific]
• Latin America [ Brazil, Mexico, Argentina, Rest of Latin America]
• Middle East and Africa [Israel, South Africa, Saudi Arabia, UAE, Rest of MEA]
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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