Report Format: PDF
Published Date: Oct-2018 | 188 Pages | Report ID: VSR001464
Global Vehicle Control Unit Market Size is estimated to expand rapidly in coming years, at a CAGR of 18.6 % from 2018 to 2025. In 2017, the global market valuation was USD 2.85 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The increasing adoption of sophisticated security technologies and pilot aid functions are anticipated to fuel the development of the automotive ECU industry with characteristics such as the identification of blind spot and instant emergency driving at reduced prices. The growing desire for luxurious and hybrid vehicles for customers is also the main factor influencing the ECU requirement over the forecast period. Infotainment systems are increasingly positioned as well. ECUs are microcomputers or integrated devices, using the information obtained from the integrated detectors and parts to monitor the vehicle's engine, infotainment, and ADAS features.
In addition, the increasing consumer awareness of energy consumption reduction has resulted in a significant rise in electric vehicles supply. In addition to reduced electrical consumption, improved riding knowledge and greater car energy, these cars include many electronically parts, such as ECU. The demand for ECU is therefore expected to flourish during the forecast period as well. Geographically, Asia Pacific region is expected to be the highest growing region in the global market of the vehicle control unit.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global vehicle control 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 vehicle control 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.
Segment Analysis
By Component Insights: On the basis of component, global vehicle control unit market has been segmented into hardware and software. The industry for software is anticipated to be the highest growing. Use SOTA and FOTA procedures to reprogram software over the atmosphere (OTA). As a result, VCU is highly versatile and with necessary programming can accommodate in any car scheme. Currently, the fundamental software is used by all VCU suppliers on the industry. Softwares such as MATLAB and Simulink can however readily reprogram the software. This allows the scheme far more comfortable since an enterprise can update software in the field.
By Capacity Insights: On the basis of capacity, global vehicle control unit market has been segmented into 16-Bit, 32-Bit, 64-Bit. Due to the growing supply for sophisticated electrical devices, such as infotainment and navigation systems, ADAS, windshield Huds, etc., the ECU 32-bit section retained its biggest market share in 2018 based on capability. The elevated efficiency provided by ECU 32-bit has improved their utilization in automotive instruments, drive control units and drive structures.
The ECU 64-bit section, on the other side, is expected to develop over the forecast period at a maximum CAGR due to increased supply for better operational system results. The ECUs are used in applications requiring elevated calibration and fast real-time handling.
Regional Analysis
The vehicle control 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. The fastest growth and biggest automobile control unit industry worldwide is anticipated in Asia Pacific. The big amount of electric vehicle revenues in the region may be attributable to market growth in the region. In the Asia Pacific area, China is forecasted to guide the car control unit industry, with its big EV quantity and ongoing technology advances in battery power devices, automotive characteristics, body leadership and infotainment functions as well as innovative recharge alternatives.
Over the forecast period, North America is anticipated to develop in a large CAGR. The growing demand of luxury cars in the region is attributed to this. In addition, increased supply for energy-efficient cars and rigid laws by the government to decrease carbon emissions drive global market demand. The increasing desire for linked vehicles also contributes to the development of the national economy. The major market share for 2018 was in Europe. The main driving factors in the cost-sensitive region are increased car manufacturing in the region, increased safety standards and fuel economy issues. High growth will also provide the industry with a stabilized platform for growth.
Global Vehicle Control Unit Market Size, Share Analysis by Region 2017
Global Vehicle Control Unit Market Study Objective
1. To forecast the market size of vehicle control unit market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of vehicle control unit market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of vehicle control unit market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of vehicle control unit market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the vehicle control unit market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Denso Corporation, and Delphi Technologies are some of the key players in the market of the vehicle control unit.
Global Vehicle Control Unit Market Study Report Offer You!
The global vehicle control unit 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.
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