Increasing Adoption Of Hybrid Vehicles Drives Growth In The Automotive Engine Management System Market Driving Market Acceleration in the Automotive Engine Management System Industry, 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Automotive Engine Management System Market Size By 2025?
Over the past few years, the market size for the automotive engine management system has been experiencing consistent growth. It is predicted to expand from a value of $60.39 billion in 2024 to $63.36 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. The growth during this historic period can be linked to more stringent emission standards, escalating fuel costs, a surge in the need for fuel-efficient vehicles, expansion in the automotive industry, and an upward trend in hybrid and electric vehicles.

How Big Is the Automotive Engine Management System Market Size Expected to Grow by 2029?
Anticipations indicate consistent expansion in the automotive engine management system market over the coming years. It is slated to reach a market value of $75.7 billion in 2029, with a compound annual growth rate (CAGR) of 4.6%. This upsurge within the forecast timeframe ties to the constant tightening of emission regulations, thriving markets for electric and hybrid vehicles, heightened emphasis on fuel efficiency, increasing environmental awareness among consumers and the promotion of eco-friendly technology through government policies. Noteworthy trends for the forecast period comprise linkages to autonomous driving technologies, amplified vehicle-to-everything (V2X) communication, the advancement of AI and machine learning applications, rising utilization of intelligent sensors, and progressive strides in predictive maintenance.

View the full report here:
https://www.thebusinessresearchcompany.com/report/automotive-engine-management-system-global-market-report

Which Key Market Drivers Powering Automotive Engine Management System Market Expansion and Growth?
The surge in the use of hybrid vehicles is anticipated to fuel the expansion of the automotive engine management system market. These hybrid vehicles leverage multiple distinct power sources for propulsion. Heightened environmental concerns, fuel efficiency, and governmental incentives are contributing to the growing popularity of hybrid vehicles. These vehicles necessitate sophisticated engine management systems to amalgamate and command the internal combustion engine and the electric motor without hitch, thereby enhancing performance and effectiveness. For example, as per the data from the European Automobile Manufacturers Association, a standard organization for the automobile industry based in the UK, new hybrid-electric car sales hit 255,511 units in February 2024, signifying a 24.7% rise from February 2023. Consequently, the escalating adoption of hybrid vehicles propels the growth in the automotive engine management system market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17076&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Automotive Engine Management System Market?
Leading firms in the automotive engine management systems market are prioritizing the development of cutting-edge technologies such as barometric air pressure (BAP) sensors. These enhancements aim to bolster engine capability, fine-tune fuel productivity, and upgrade the overall performance of vehicles. BAP sensors are adept at detecting atmospheric pressure variations due to changes in altitude and weather. They are therefore widely employed in applications like automotive systems to supply crucial data for optimal operation through air density computation and necessary adjustments. For example, in June 2023, Germany's Infineon Technologies AG, a semiconductor manufacturer, introduced its XENSIV barometric air pressure (BAP) sensors, the KP464 and KP466 models. The KP464 is specifically crafted for engine control management, capturing atmospheric pressure data to fine-tune the air-fuel blend. The KP466 model, on the other hand, enhances seat comfort by facilitating advanced pneumatic seat systems with innovative aspects and noticeable technical advantages.

What Are the Emerging Segments in the Automotive Engine Management System Market?
The automotive engine management system market covered in this report is segmented -

1) By Component: Electronic Control Unit (ECU), Fuel Pump, Engine Sensors, Other Components
2) By Vehicles: Passenger Cars, Commercial Vehicles
3) By Fuel Type: Diesel, Gasoline
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

Subsegemnts:
Here is the list following the requested format:

1) By Electronic Control Unit (ECU): Powertrain ECU, Body ECU, Chassis ECU, Transmission ECU
2) By Fuel Pump: Electric Fuel Pumps, Mechanical Fuel Pumps
3) By Engine Sensors: Oxygen Sensors, Temperature Sensors, Pressure Sensors, Knock Sensors, Mass Airflow Sensors
4) By Other Components: Ignition Coils, Fuel Injectors, Throttle Position Sensors, Air-Fuel Ratio Sensors

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=17076&type=smp

Who Are the Global Leaders in the Automotive Engine Management System Market?
Major companies operating in the automotive engine management system market are Volkswagen AG, Mercedes-Benz, Ford Motor Company, General Motors, Robert Bosch GmbH, Hitachi Automotive Systems, DENSO CORPORATION, ZF Friedrichshafen AG, AB Volvo, Continental AG, Mitsubishi Heavy Industries Ltd., Cummins Inc., Valeo, TE Connectivity, Infineon Technologies AG, NXP Semiconductors, Fiat Automobiles S.p.A, BorgWarner Inc., JTEKT Corporation, Dover Corporation, Sensata Technologies Inc., NGK SPARK PLUG CO. LTD., HELLA GmbH & Co. KGaA, CTS Corporation, Mobiletron Electronics Co. Ltd.

Which are the Top Profitable Regional Markets for the Automotive Engine Management System Industry?
Asia-Pacific was the largest region in the automotive engine management systems market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive engine management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17076

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.