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Automotive Engine Management System Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Marelli Holdings Co., Ltd. Microchip Technology Inc. Mobiletron Electronics Co., Ltd.

07-10-2024 08:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Automotive Engine Management System Market

Automotive Engine Management System Market

Automotive engine management system market is anticipated to grow at a CAGR of 3.7% during the forecast period (2024-2031). The market's growth is attributed to the increasing demand for fuel cell technology adoption across the globe. The specific use of a fuel cell cooling package indicates an emphasis on fuel cell technology. Fuel cells' growth in automotive applications continues to be a driving factor, primarily since it offers a more sustainable alternative to traditional internal combustion engines. For instance, in April 2023, Modine Manufacturing Company launched the EVantage Fuel Cell Stack Cooling Package (FC-SCP). The EVantage FC-SCP is a commercial fuel cell system that has been modified to specific applications and low conductivity specifications. It employs company's unique technology to maintain fuel cell propulsion systems at optimal temperatures while minimizing power draw. A flux-free heat exchanger, predictive cooling process, and waste heat recovery system are among the key features.

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The global automotive engine management system market is segmented by vehicle type, component type, and sensor type. Based on the vehicle type, the market is bifurcated into passenger car, and commercial vehicle. Based on the component type, the market is sub-segmented into ECU, engine sensors, fuel pump, and others (variable valve timing (VVT) systems, and on-board diagnostics (OBD)). Based on the sensor type, the market is sub-segmented into oxygen sensor, temperature sensor, position sensor, knock sensor, and others (oil pressure sensors, and manifold absolute pressure sensors (MAP)). The ECU subcategory is expected to capture a significant portion of the market share within the component type segment, owing to the growing demand for ECUs has been driven by the developing automotive industry and the rising number of passenger vehicles produced and sold.

full report of Automotive Engine Management System Market available @ https://www.omrglobal.com/industry-reports/automotive-engine-management-system-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Automotive Engine Management System Market by Vehicle Type
o Passenger Car
o Commercial Vehicle

Global Automotive Engine Management System Market by Component Type
o Engine Control Unit (ECU)
o Engine Sensors
o Fuel Pump
o Others (Variable Valve Timing (VVT) Systems, and On-Board Diagnostics (OBD))

Global Automotive Engine Management System Market by Sensor Type
o Oxygen Sensor
o Temperature Sensor
o Position Sensor
o Knock Sensor
o Others (Oil Pressure Sensors, and Manifold Absolute Pressure Sensors (MAP))

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Continental AG
o DENSO Corp.
o Dover Corp.
o Hella KGaA Hueck & Co.
o Hitachi Astemo, Ltd.
o Honeywell International Inc.
o Infineon Group
o Marelli Holdings Co., Ltd.
o Microchip Technology Inc.
o Mobiletron Electronics Co., Ltd.
o Niterra India PVT. LTD.
o Renesas Electronics Corp.
o Robert Bosch GmbH
o Sensata Technologies, Inc.
o Siemens AG

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global automotive engine management system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies. Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-engine-management-system-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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