The Global Automotive Electronic Controlled Unit Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.16% from 2018 to 2025. In 2017, the global market valuation was USD 33.50 billion, and it is anticipated to be greater than USD xx.xx billion by 2025.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

Automotive electronic control units facilitate the smooth functioning of the vehicles thereby enhances the vehicle’s performance by supervising the mechanism of fuel injection, idle speed, spark engine and valve timings. At present, newly developed vehicles, considers about 80-100 ECUs, and, premium vehicles consider about 100-150 ECUs. The rise in the use of ECUs is majorly attributed to the paradigm shift from mechanical systems to electronical systems by the key automotive manufacturers. For instance, BMW 7 series of luxury vehicles are installed with 150 ECUs, which include safety and security control modules, human machine interface (HMI) and transmission control module, engine control module etc.

The market is anticipated to have significant growth over the projected period owing to technological advancements in the automotive systems, along with the stringent safety norms by European Union and the U.S. National Highway Transportation System Administration (NHTSA) for ensuring the safety of occupants in the vehicles.

Market Dynamics

At present, the ECU market is driven by the sudden rise of electric cars’ production across the globe. Global electric cars production surpassed 3 million vehicles in 2017, according to International Energy Agency (IEA). As the electric vehicle features advance electronic components to increase the safety and comfort levels of the occupants, the demand for automotive electronic controlled units is expected to rise. Moreover, the powertrain of the electric vehicle is embedded with ECUs to mechanize the electronic systems, motors, batteries, etc. in the vehicles. Therefore, the rise in the supply of electric vehicles would upsurge the growth of the automotive electronic controlled unit market in the coming years.

On the flip side, the growth of the market is largely deterring owing to the rise in the cyber crime from the electronic systems. Due to the rise in research on connected vehicles and autonomous vehicles amongst automakers, cyber crime is expected to rise proportionally over the period of time. Despite, the European Automobile Manufacturer Association (ACEA) is providing assured commitments towards data protection and cyber safety, but the threat of hack will still be a matter of concern, restraining the market growth.

Vehicle Insights: On the basis of vehicle type, market is segmented into passenger vehicles, luxury vehicles, commercial vehicles. Luxury vehicles led the global automotive electronic Controlled Unit Market. Increasing need for ECU in the luxury vehicles, connected vehicles and autonomous vehicles, owing to rising complexities in vehicle structure to provide more safer environment within the vehicle. Automakers across the globe are trying to make advancements in the vehicles such as connecting vehicle to vehicle (V2V) and vehicle to everything (V2X) which are making systems more complex to manufacture. So, the use of ECU would rise in the market over the forecast period.

Application Insights: Safety and Security is anticipated to secure a prominent share in the automotive electronic Controlled Unit Market owing to the rise in the installation of advanced safety sensors such as radar, ultrasonic and lidar. The information generated by these sensors are combined by the ECUs, and further transferred to the driver to act accordingly. However, the components’ suppliers and manufacturers are facilitating towards the developing ECUs which occupies less space in the vehicles. For instance, Visteon Corporation offers Smartcore consolidated ECU by integrating instrument cluster, heads up display and advance driver assistance system. Therefore, this technology enhancement would offer further traction for the growth of ECUs demand over the projected period.

Regional Analysis

The global automotive electronic controlled unit market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America is anticipated to be a frontrunner in the market over the forecast period majorly due to the rise in the vehicle production in the U.S. is accounted for 12.3 million vehicles alone by the end of 2017 including passenger vehicles, luxury and premium vehicles, sports utility vehicles and others. However, luxury and premium vehicles uses large number of ECUs as they incur more safety features than any other vehicle type. Therefore, owing to the rising production of the vehicles the market is anticipated to contribute significant revenue share in the ECU market.

Global Automotive Electronic Controlled Unit Market Size, Share Analysis By Region 2017

Asia Pacific automotive electronic controlled unit market is anticipated to grow at the fastest CAGR, primarily, attributed to rise in production of electric cars, particularly in China. Due to rise in the air pollution level in the ecosystem, China is heading towards the production of electric vehicles to reduce the particulate matter from the air. According to China’s 13^th five-year plan (2016-2020) targets to produce and sell 5 million New Energy Vehicles (NEVs) in China thereby, boosting the ECU market.

Global Automotive Electronic Controlled Unit Market Study Objective

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive electronic controlled unit market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive electronic controlled unit market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Competitive Landscape

Th prominent players in the market includes Denso, Delphi Automotive, Texas Instruments, Autoliv, Robert Bosch, TRW Automotive and Continental AG, Mitsubishi Electric, Hitachi Automotive among several others. Key players in the market are highly focused towards expanding their businesses by making various strategic moves, such as mergers & acquisitions to develop new and innovative products. They are also planning to increase their production capacities, in order to improve their market share. For instance, in April 2017, Bosch inaugurated their new electronics plant in Changzhou, China, which is specially dedicated to manufacture radar and camera sensors for ADAS and ECUs for automotive steering systems, particularly for connected vehicles.

Global Automotive Electronic Controlled Unit Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.