Press release
Automotive Electronic Control Unit (ECU) Market: Global Key Manufacturers, Trends and Analysis
The market growth is primarily driven by factors such as the increase in demand for comfort and safety features in a vehicle and the increasing production of electric and semi-autonomous vehicles.
The ecosystem of the Automotive ECU Market consists of automotive ECU manufacturers such as Continental (Germany), Bosch (Germany), Aptiv (UK), Denso (Japan), Autoliv (Sweden), Mitsubishi Electric (Japan), ZF (Germany), Hitachi (Japan), and Magneti Marelli (Italy). The automotive ECUs are supplied to the Tier 1 companies manufacturing electronic systems and automotive OEMs.
Opportunities:
1. Advent of Concept Cars and Autonomous Vehicles
2. Increasing Rate of Installation of Advanced Applications in Luxury and Mid-Range Vehicles
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The 32-bit ECU segment is estimated to be the largest segment in the Automotive ECU Market
The 32-bit ECU segment is estimated to be the largest segment of the automotive ECU market during the forecast period. The rising demand for advanced electronics such as windshield HUDs, infotainment & navigation units, ADAS systems, drive mode selector, electric powertrain, and advanced telematics are expected to drive the 32-bit ECU market, as these functions require high calibration and real-time processing.
ADAS & safety system segment is estimated to be the fastest growing segment in the Automotive ECU
The ADAS & safety system segment is estimated to be the fastest growing market during the forecast period, as the majority of the luxury and mid-segment vehicles are equipped with basic safety functions such as ABS, anti-lock braking system, e-call, AEB, and TPMS. Stringent safety norms and growing awareness about road safety are also fueling the growth of the ADAS & safety system segment in the automotive ECU market.
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Asia Pacific: The largest regional market for Automotive ECU
Asia Pacific is estimated to be the largest market for automotive ECU. The Asia Pacific region accounts for about 50% of the global automobile production. The region comprises emerging economies such as China and India along with developed nations such as Japan and South Korea. The increasing application of advanced electronics in vehicles, the growing purchasing power of consumers, and increasing awareness of safety features are the key factors driving the growth of the automotive ECU market in the Asia Pacific Region.
Target Audience:
1. Automotive ECU manufacturers
2. Automotive cockpit electronics manufacturers
3. Automotive powertrain manufacturers
4. Automotive safety and comfort system manufacturers
5. Industry associations
6. Raw material suppliers for automotive ECU manufacturers
7. The Automobile Industry as an end-user, traders, distributors, and suppliers of automotive ECUs
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