What's Driving the Automotive ECU Market Growth? | Bosch, Delphi Technologies, Broadcom, Continental, Hyundai Mobis, Infineon Technologies, Hitachi, Johnson Controls, Magneti Marelli, Lear Corporation

Graphical Research has added a new report on automotive ECU market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

As global automakers introduce advanced systems that enable drivers to park even in the tightest of spaces with an improved level of luxury and comfort, the demand for automotive electronic control units (ECUs) is constantly on the rise. The recent breakthroughs in driver-assistance technologies such as multi-camera systems that provide a high-resolution, 360-degree view of the surroundings of the vehicle, are expected to create more opportunities for the global automotive ECU market forecast.

The top seven factors steering the growth of the industry are discussed below:

ADAS, advanced comfort & safety features in Asian automobiles

With several market players seeking to integrate latest technologies for better comfort & safety in their vehicle designs, the Asia Pacific automotive ECU market outlook will present considerable opportunities. This is because the spending capacity of individuals in the region has been increasing.

Access sample pages of the report, “APAC Automotive ECU Market Forecasts 2024” in detail along with the table of contents (ToC) @
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Lately, several market participants have been introducing innovative products. For instance, the South Korean supplier of ADAS cameras has unveiled three new solution in the area of autonomous driving and driver-assistance technologies, including a prism type dual sensing ADAS camera with an advanced ECU.

Powertrain applications to gain traction in Asia

ECU use in powertrain application in the Asia Pacific is gaining traction in the recent times, thanks to the presence of numerous manufacturers in the region. The rising deployment rate of powertrain systems in the region can be attributed to the cheap and easy availability of labor and raw materials.

The production of control units by OEMs and leading system providers has been expanding, with the growing consumption of these units in the APAC automotive ECU market. Powertrain products are mandatorily leveraged across battery-operated electric vehicles (BEVs) and electric vehicles (EVs) as they offer lower fuel consumption, boosting energy savings.

Augmented demand for passenger cars across Asia

The passenger cars segment in Asia Pacific automotive ECU market is likely to soar through the upcoming years, owing to the influence of multiple drivers. Some of the key drivers enabling the demand include the higher preference for comfort and luxury and the introduction of low to mid-ranged passenger cars by OEMs.

India, China, Malaysia, and Thailand are expected to push the industry revenue by 2024, with the growing number of innovative designs emerging every other day in the automotive industry at reasonable costs.

Infotainment & communication applications in Europe

The Europe automotive electronic control units market size has been expanding on account of the increased utilization of these units across infotainment and communication applications. This is because the deployment of luxury and passenger cars has been witnessing an uptick in the present market landscape.

Access sample pages of the report, “Europe Automotive ECU Market Forecasts 2024” in detail along with the table of contents (ToC) @
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Improving the communication across multiple systems in vehicles, these units can ensure efficient functioning of the internet-based applications as well. Numerous industry participants have been offering enhanced infotainment and communications solutions. For instance, recently, in March 2021, LG Innotek announced the development of its premier automotive Wi-Fi 6E module featuring the next-generation Wi-Fi technology.

Increased sale of BEVs and HEVs in Europe

The growing consumption of hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs) in the European countries has been triggering the demand for electronic control units. These systems are leveraged across drivetrain, powertrains, engine management, among other systems in automobiles.

The Europe automotive ECU market outlook has been picking pace on account of the environmental mandates pertaining to the aim toward minimal gaseous emissions from automobiles at the same time saving on fuel consumption. The built-in automated functions in battery and electric vehicles necessitate that efficient control units are leveraged by automakers.

32-bit components to witness higher use in North America

The 32-bit component segment in the North America market for automotive ECUs has been flourishing substantially in terms of revenue, supported by the growing inclination toward the integration of cutting-edge technologies. Recent innovations have been facilitating complete automation, ensuring superior communication and better processing speeds than 16-bit and 8-bit units.

Access sample pages of the report, “North America Automotive ECU Market Forecasts 2024” in detail along with the table of contents (ToC) @
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Several manufacturers are improving car safety features and productivity of their vehicles. For instance, in December 2020, Huber Automotive AG introduced its innovative 32-bit control unit system in its battery-electric utility vehicle specifically designed for mining operations. It enables the components to function optimally under suitable thermal conditions.

Higher frequency of road accidents in North America

Due to the rising frequency of road accidents and fatalities in the region, the governments have been addressing the issue through the implementation of advanced car safety features in the upcoming models. Automotive manufacturers as well as suppliers must develop and utilize electronic control units and systems that are compliant with the new regulatory policies.

Being one of the busiest countries when it comes to road traffic, the U.S. recorded over 12 million vehicles that were involved in crashes during 2018. Despite the smaller number of vehicles on the roads amidst the COVID-19 pandemic, the percentage of fatal road accidents remains high, as per the findings of the National Highway Traffic Safety Administration (NHTSA).

Delphi Technologies, Hyundai Mobis, Bosch Group, Hitachi, Johnson Controls, Continental AG, Infineon Technologies, Broadcom, Inc., Lear Corporation, Denso Corporation, and Texas Instruments are some leading manufacturers and suppliers of electronic control units globally.

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