Press release
Autonomous Vehicle ECU Market Expansion Impacted by Pandemic Continue to Escalate Positive Outlook Expected to Reach at High Pace by the Assessment Period
Autonomous Vehicle ECU Market
Rise in the installation rate of ECU in high number of vehicles to controls automated functions of vehicles related to infotainment system, engines, and advanced driver-assistance systems (ADAS) with the use of components and sensors can underpin the expansion of the worldwide autonomous vehicle ECU market in the years to come. Inclination towards collision avoidance, lane departure monitoring advantages, and other vehicle safety features can impel the expansion of the world market. The pressing demand for higher more connectivity, compute performance, and increase in safety and security standards can bolster the expansion of the autonomous vehicle ECU global market.
Key Players
MRFR registered key autonomous vehicle ECU market player. They are; Hitachi, Ltd. (Japan), Continental AG (Germany), Intel Corporation (U.S.), ZF Friedrichshafen AG (Germany), Nvidia Corporation (U.S.), NXP Semiconductors N.V. (Netherlands), Renesas Electronics Corporation (Japan), Bosch (Germany), Infineon Technologies AG (Germany), and Autoliv Inc. (Sweden) among others. The report details COVID-19 breakthrough of the market for the current situation and years ahead.
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Segment Study
The world autonomous vehicle ECU market segment study is based on application and vehicle type. The application based segments of the autonomous vehicle ECU market are autonomous vehicles and Semi-autonomous vehicles. The vehicle type based segments of the autonomous vehicle ECU market are passenger car, heavy commercial vehicle, and light commercial vehicle.
Growing stringency of government safety regulation and rise in the demand for advanced driver assisted system, plus the rise in sales count of vehicles can prompt the expansion of the world autonomous vehicle ECU market. Giant vehicle producers are designing new technologies that can improve intelligent transport system (ITS) and vehicle safety system. The rise in accidents across the world is a major concern, which can boost the adoption of autonomous vehicles, thus boosting the expansion of the autonomous vehicle ECU market.
Regional Analysis
The effect of COVID-19 on North America, Europe, Asia-Pacific, and the Rest of the World are elaborated in the report, with other crucial factors that can boost the expansion of the autonomous vehicle ECU market in these regions. The increase in need for convenience, advanced safety, and comfort systems across in the US and Canada can generate considerable business for North America autonomous vehicles ECU market. The high sales of these vehicles in the region, plus the increase in installation of autonomous vehicles ECU in automobiles can prompt North America market.
In Asia Pacific, the presence of numerous government mandates and the inclination towards advanced driver-assistance systems (ADAS) and related features can boost the autonomous vehicles ECU market in the region. The inclusion towards the adoption of airbags and anti-lock braking systems (ABS) safety measures can impel the expansion of the autonomous vehicles ECU market in APAC.
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TABLE OF CONTENTS:
1. Market Introduction
2. Research Methodology
3. Market Dynamics
4. Executive Summary
5. Market Factor Analysis
6. Autonomous Vehicle ECU Market, By Segments
7. Competitive Analysis
Continued…
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