Global Automotive ECU Market Industry Trends, Estimation & Forecast, 2018 - 2025

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). he implementation of basic safety systems such as ABS, anti-lock braking systems, TPMS, and electronic stability programs, along with the rising demand for advanced cockpit electronics and advanced telematics, is expected to drive the automotive ECU market. The growth can also be attributed to the increasing demand for BEVs and PHEVs, which have more electronic components than conventional ICE vehicle

The market needs to comply with stringent government regulations and standards related to the unit production process and controlling carbon emissions. The industry players are investing highly in R&D to develop technically-equipped products in areas related to infotainment, powertrain, chassis, and related technologies. Expanding the creation of vehicles and rising interest for traveler vehicles is a noteworthy driving component for the automobile chip market. Furthermore, rising requirements for enhanced safety in vehicles, strict automobile benchmarks, and expanding interest for engine control unit (ECU) in cars are a portion of the fundamental persuasive variables spurring the development of worldwide car chip showcase.

Automotive ECU Market (Electronic Control Unit) was valued at USD 23.55 billion in 2018 and is projected to reach USD 39.28 billion by 2025, at a CAGR of 5.77% during the forecast period.

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The passenger cars segment dominated the market share with more than 80% in 2017 owing to increased implementation of control units in these vehicles. Passenger cars including luxury vehicles have a high number of ECUs as compared to other vehicles due to advanced features offered in the vehicle management systems such as enhanced driver remote functions and vehicle software upgrading. Additionally, the rising popularity of luxury vehicles across the globe led by rising consumer spending capabilities and improved lifestyles is driving the market value.

The commercial vehicle segment is expected to expand at 3% CAGR in the industry due to their requirement in the telematics and IoT-controlled functions. These vehicles deploy high-end and robust ECUs that are easily programmable and offer varied safety measures for the engines and transmission systems.

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.

Prominent players in the automotive ECU market include Delphi Technologies, Bosch Group, Continental AG, Denso Corporation, Hitachi Automotive Systems, ZF Friedrichshafen, Hyundai MOBIS, Johnson Control, Lear Corporation, and Mitsubishi Electric Corporation.

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