Automotive Electronics Control Unit Management (ECU/ECM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
A
recent market research report published by Transparency Market
Research states that the global automotive electronics control unit
management market is anticipated to expand at a CAGR of 6.3% during
the period between 2014 and 2020. The report, titled “Automotive
Electronics Control Unit Management (ECU/ECM) Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 -
2020,” projects the global automotive electronics control unit
management market to stand at a valuation of US$43.72 bn by 2020. The
overall market was worth US$28.6 bn in 2013.
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Report Overview @
Automotive
electronics control units are widely used across various automobile
segments such as commercial vehicles, utility vehicles, and passenger
cars. Automotive electronics control unit management is implemented
for the operation of various technologies including engine
management, transmission control, body control, airbag restraint, and
other systems. The ever-growing demand for automotive electronics
control unit management from the emerging economies in Asia Pacific
has fuelled the growth of the global automotive electronics control
unit management market.
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Sample Report @
The
report states that the growing demand for automotive embedded systems
and the growing inclination toward a luxurious lifestyle have
propelled the growth of the global automotive electronics control
unit management market. However, the complexity of the system,
coupled with cost pressures might play spoilsport in the growth of
the market. The overall market has a huge opportunity to grow with
the rise in the number of autonomous cars.
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Automotive Electronics Control Unit Management (ECU/ECM) Market
Report Brochure @
In
terms of technology, the report segments the global automotive
electronics control unit management market into the following
systems: Engine management, transmission control, climate control,
anti-lock braking, airbag restraint, power steering, and body
control. Power steering dominates the market as the leading
technology.
On
the basis of application, the report categorizes the global
automotive electronics control unit management market into passenger
cars, utility vehicles, and commercial vehicles. Passenger cars
dominate the market, followed by commercial and utility vehicles.
The
report studies the global automotive electronics control unit
management market across four key regions: Europe, North America,
Asia Pacific, and Rest of the World. Presently, Europe leads the
overall market owing to the established base of the automotive
industry in the U.K. and Central Europe. The implementation of strict
compliance laws to ensure convenient and safe driving has propelled
the growth of the market in Europe. However, during the forecast
period, Asia Pacific is anticipated to register strong growth with
the automotive industry focusing on building manufacturing facilities
in the region.
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Automotive Electronics Control Unit Management (ECU/ECM) Market
Research Report @
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