Press release
Automotive Engine Management System 2017 Global Market Expected to Grow at CAGR of 7.84% percent and Forecast to 2023
Automotive Engine Management System Market 2017
Global Automotive Engine Management System Market Information Report, By Engine Type (Gasoline and Diesel), By Component (Engine Control Unit (ECU), Engine Sensors, Fuel Pump and Others) By Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region - Forecast To 2023
Market Synopsis
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 where. Automotive engine management system is one of them. The global automotive engine management system market has seen a remarkable growth in the global market, and it has been observed that, its demand is expected to grow at CAGR ~7.84% in the future.
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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The global automotive engine management system market has been increasing and the main focus is on emission control and fuel efficiency. The automotive manufacturers have now been focusing more on updating the technology, which delivers improved fuel efficiency and low emission control. The automotive engine management system performs an integral 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 market is mainly influenced by factors such as low emission & higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicles emission, technological advancements and emerging economies. One major factor hindering the market growth might be the higher system cost. However, the growing demand for gasoline engine vehicles, and increasing disposable income, some huge opportunities for market.
The global automotive engine management system market has been segmented on the basis of engine type, component, vehicles type and region. On the basis of engine type, the market is segmented as gasoline engine and diesel engine. Gasoline engine is expected to dominate the global market by type in 2016 in terms of market revenue. On the basis of components, the market has been segmented as engine control unit (ECU), engine sensors, fuel pump and others. On the basis of vehicle type, the market has been segmented as passenger vehicles and commercial vehicles. Among these, passenger vehicles segment has accounted for the highest market share in 2016, in terms of revenue.
The report for Global Automotive Engine Management System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table of Contents
1... Executive Summary
2 Research Methodology
3... Market Dynamics
4... Global Automotive Engine Management System Market, By Engine Type
5... Global Automotive Engine Management System Market, By Component
6... Global Automotive Engine Management System Market, By Vehicle Type
7 Regional Market Analysis
8... Competitive Analysis
Continued…….
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