Automotive Engine Management System Market Is Predicted To Grow At A CAGR Of 7.84% By 2023

Market Highlights:
The Global Automotive Engine Management System Market is very dynamic, and is expected to witness significant growth over the forecast period. Automotive engine management system is one of the most crucial vehicle parts that has been gaining a lot of attention, among major vehicle manufacturers. Automotive industry has become one of the major revenue generators, and has come up with several technological advancements in the last few years. Automotive engine management system is one of them. The global automotive engine management system market has seen remarkable growth in the global market and it has been observed that, its demand in the future is expected to grow with the CAGR of ~7.84%.

The automotive engine management system performs an essential function within the engine as well as it enhances its efficiency while enabling a smooth run. The automotive engine management system majorly consists of components such as engine control unit, fuel pump, sensors and others. These components work very efficiently, transmitting the engine performance to the engine management system. The global automotive engine management system market is mainly influenced by the growth driving factors. Some major factors are low emission & higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicles emission, technological advancements and emerging economies. The growth might be hindered by the higher system cost. Furthermore, the growing demand for gasoline engine vehicles, and increasing disposable income give the market, some huge opportunities.

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Market Research Analysis:
Region wise, the global automotive engine management system market has been segmented as North America, Europe, Asia Pacific and Rest of the World. North America has accounted for the largest market share, in 2016, followed by Europe and Asia Pacific. Policies regarding reducing emission in North America has become the major growth driver. Europe, has been witnessing a rise in the sales of gasoline passenger vehicles which has augmented the demand for automotive engine management system. Also, Germany, UK and France being the leading countries in Europe, have fuelled the growth of the region. Asia Pacific has been the fastest growing economy.

Scope of the Report:
This study provides an overview of the global automotive engine management system market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive engine management system market by engine type, by component, by vehicle type and by regions.

By Engine Type
• Gasoline
• Diesel
By Component
• Engine Control Unit (ECU)
• Engine Sensors
• Fuel Pump
• Others
By Vehicle Type
• Passenger Vehicles
• Commercial Vehicles
By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World

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Table of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continue…

Key Players:
The prominent players in the automotive engine management system market include Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive (UK), Hella KgaA Hueck (Germany), Robert Bosch (Germany), Hitachi Ltd (Japan), Sensata Technologies (Netherlands), Elta Automotive (UK), Sanken Electric (Japan), Infineon Technologies (Germany) and others.

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