Press release
Electric Vehicle Battery ECU Market Demand, Business Opportunity, New Innovations, Global Forecast to 2026 | Hitachi, Calsonic Kansei, Hyundai Kefico, Denso, Preh, LG Chem, BYD, Tesla Motors
Electric Vehicle Battery ECU Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)
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Electric Vehicle Battery ECU Market was valued at USD 23.55 billion in 2017 and is projected to reach USD 39.28 billion by 2025, at a CAGR of 5.77% during the forecast period. The base year for the report is 2017 and the forecast period is 2018 to 2025
Markets Segmentation:
Top leading Companies Profiled in Electric Vehicle Battery ECU Market Report are Hitachi, Calsonic Kansei, Hyundai Kefico, Denso, Preh, LG Chem, BYD, Tesla Motors, SK Innovation, Mitsubishi
News and Updates
Sony to launch car company to explore electric vehicle market- While best known for consumer electronics devices like the PlayStation game console, Sony soon may start building electric vehicles, as well, or so suggested the company’s top executive during a presentation Tuesday at the CES electronics show in Las Vegas.
Honda to make EV battery in India, launches battery sharing service- Japanese auto major Honda is aiming to grab a large chunk in the Indian electric vehicle market. Besides focusing on electric vehicles, the automaker is also emphasising on the supply chain side. Keeping a focus on that, Honda has launched its battery sharing service in India.
Market Overview
The demand for Electric Vehicles is growing rapidly across the world, and this in turn to augment demand for ECU in these vehicles. In addition, favorable government subsidies and initiatives to act as catalyst boosting the growth of ECU market. By 2040, nearly 54% of the new car sales and 33% of the global car fleet will be electric.
To meet the electric vehicle sales target, the European government has already started various projects for building charging infrastructure across the regions. This transformation in the automotive industry is expected to have an impact on the automakers, electronic component manufacturers, aftermarkets, and supply chain of the industry itself.
In December 2019, Denso Corporation Bought a Stake in PiNTeam Holding GmbH PiNTeam Holding GmbH develops embedded software systems for vehicles. The equity investment has accelerated Denso's development of basic software that controls the onboard electronic control unit (ECU).
In January 2019, ZF Friedrichshafen AG & Xilinx Will Jointly Develop AI Automation and Autonomous Driving. This joint venture will help ZF Friedrichshafen AG to overcome the problem of autonomous driving systems and AI-based automation. Xilinx is a leader in adaptive and intelligent computing, powering its advanced AI-based automotive control units. This will also help ZF Friedrichshafen AG to overcome automation problems.
Market Segmented By Types
Distributed
Centralized
Modular
Market Segmented By Applications
Hybrid electric vehicles (HEV)
Plug-in hybrid vehicles (PHEV)
Battery electric vehicles (BEV)
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
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Key Takeaways from Electric Vehicle Battery ECU Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Electric Vehicle Battery ECU market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Electric Vehicle Battery ECU market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Electric Vehicle Battery ECU
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In conclusion, the Electric Vehicle Battery ECU market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Electric Vehicle Battery ECU Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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