The global automotive ECU market is anticipated to grow at a CAGR of 5.3 % during the forecast period (2022-2028). An electric control unit (ECU) is a device embedded in a vehicle that is responsible for the regulation and alteration of the vehicle’s electronic systems. These electronic systems may include fuel injection configuration, anti-lock braking system (ABS), and a variety of other features. The features associated with the automotive ECU such as the incorporation of advanced safety, convenience, and comfort systems are creating demand for the market during the forecast period. The rise in consumer demand for energy-efficient consumer vehicles is a key factor driving the market growth. However, an increase in consumer preference for BYOD and ECU operation failure are the major factors restraining market growth and will further challenge the automotive electronic control unit market during the forecast period.
The rise in demand for electric vehicles, the rise in demand for safety and comfort features in cars, rise in demand for electric vehicles, the rise in production of autonomous and semi-autonomous vehicles, and the rise in awareness of energy-efficient cars are the major factors creating demand for the automotive ECU market during the forecast period. Furthermore, the increased introduction of concept cars and autonomous vehicles, as well as the rate of installation of advanced applications in luxury and mid-range vehicles is expected to fuel the market growth during the forecast period.
The Asia-Pacific region is expected to hold a considerable share in the market during the forecast period, Due to an increase in demand for in-vehicle infotainment and communication applications in passenger vehicles. Moreover, an increase in disposable income coupled with an increase in automobile production is propelling the growth of the market in the region. The North American region is expected to be the fastest growing region due to the forecast period, owing to rising demand for luxury vehicles, rising demand for energy-efficient vehicles, and stringent government regulations.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Sales Channel
- By Vehicle Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Bosch, Denso, Fujitsu, Continental, Autoliv, Aptiv, ZF, Valeo, Hella, among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Automotive ECU Market Report by Segment
By Sales Channel
- OEM
- Aftermarket
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Application
- ADAS & Safety System
- Body Control & Comfort System
- Infotainment & Communication System
- Powertrain System
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