Automotive ECU Market Projected to Reach $96.39 Billion by 2025

The Automotive ECU Market (Electronic Control Unit) is projected to grow at a CAGR of 5.77% from 2018 to 2025. The market for automotive ECUs is estimated to be USD 25.08 billion in 2018 and is projected to reach USD 39.28 billion by 2025.

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The key growth drivers of this market are the increased incorporation of advanced safety, convenience, and comfort systems in vehicles and the increase in demand for hybrid electric vehicles (HEV) and battery electric vehicles (BEV).

The report covers all the major players in the automotive ECU market, including Robert Bosch (Germany), Continental (Germany), Aptiv (UK), Denso (Japan), Autoliv (Sweden), Mitsubishi Electric (Japan), ZF (Germany), Hitachi (Japan), and Magneti Marelli (Italy).

The ADAS & safety system segment is estimated to hold the largest market share in the global automotive ECU market. The market growth in this segment can be attributed to the increasing number of government mandates for ADAS features and the inclusion of basic safety systems such as ABS, airbags, and TPMS.

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The 64-bit ECU is estimated to be the fastest growing segment of automotive ECU market. Rising demand for advanced electronics such as windshield HUDs, camera modules, drive mode selector, RADAR, LiDAR, and advanced telematics that require fast and real-time processing is expected to drive the 64-bit ECU market.

The automotive ECU market for Battery Electric Vehicles (BEVs) segment is estimated to grow at the highest rate during the forecast period. BEVs have many electric components and ECUs in the drivetrain, interior, and body. BEV manufacturers are also adopting advanced technologies to attract more customers.

Asia Pacific is estimated to dominate the ECU market for automotive, by volume as well as value. The growth of this market can be attributed to the increase in production and demand for passenger cars and electric vehicles. The increasing demand for advanced electronics in vehicles, the growing purchasing power of the consumers, and rising consumer awareness for safety features in the developing countries are the key factors driving the automotive ECU market in the Asia Pacific region.

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By vehicle type, the light-duty vehicles segment is estimated to hold the largest market share of the automotive ECU market. Luxury light-duty vehicles use a large number of ECUs as these vehicles are equipped with advanced vehicle electronics functions for better comfort, convenience, and safety. Additionally, factors such as the sizeable number of luxury light-duty vehicles in Europe and North America and the increasing demand for these vehicles in the Asia Pacific region are increasing the demand for automotive ECUs. In the Asia Pacific region, the demand for luxury light-duty vehicles is growing due to the increasing purchasing power of consumers and the growing demand for comfort and safety features in a vehicle.

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