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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Automotive Electronic Control Unit Market Outlook
The global market for automotive electronic control unit attained a value of USD 50.17 billion in 2023 and expected to grow in the forecast period of 2024-2032 at a CAGR of 7.2% to reach USD 93.63 billion in 2032.
| Global Automotive Electronic Control Unit Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 50.17 |
| Market Size 2032 | USD Billion | 93.63 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 7.2% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 8.3% |
| CAGR 2024-2032 - Market by Country | India | 9.5% |
| CAGR 2024-2032 - Market by Country | China | 7.9% |
| CAGR 2024-2032 - Market by Type | Transmission Control Module | 8.2% |
| CAGR 2024-2032 - Market by Vehicle Type | Passenger Car | 8.1% |
| Market Share by Country 2023 | Germany | 4.2% |
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Increasing acceptance of advanced safety systems and assisted driver assistance functions, features such as blind spot detection, and automatic emergency braking at lower costs are expected to drive the growth of the automotive ECU industry.
Properties and Applications
The electronic control unit is a microcomputer that controls electrical systems or subsystems in a vehicle. The automotive electronic control unit functions by collecting data from different sensors installed in a vehicle and using that data to enhance the various operations such as spark timing, and in-vehicle telematics.
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The automotive electrical control unit industry is segmented based on:
- Type
- Engine Control Unit
- Brake Control Module
- Suspension Control Module
- Powertrain Control Module
- Transmission Control Module
- Telematics Control Unit
- Vehicle
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Technology
- Transmission Control System
- Engine Management System
- Anti-Lock Braking System
- Climate Control System
- Power Steering System
- Airbag Restraint System
- Body Control System
The EMR report examines the regional markets for the product like the North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
| CAGR 2024-2032 - Market by | Country |
| India | 9.5% |
| China | 7.9% |
| UK | 6.6% |
| USA | 6.4% |
| Australia | 5.6% |
| Canada | XX% |
| Germany | XX% |
| France | 5.6% |
| Italy | XX% |
| Japan | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Market Analysis
The global automotive electrical control unit industry is being driven by the increasing safety standards in the automotive industry. The rising demand for energy-efficient automobiles is further driving the market growth. Growing awareness about environmental issues is also fostering the demand growth in the industry. However, the high maintenance cost of the product might limit the industry growth.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global automotive electronic control unit industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Robert Bosch GmbH
- DENSO Corporation
- BorgWarner Inc.
- Continental AG
- Hitachi Automotive Systems Americas, Inc.
- Magneti Marelli S.p.A.
- Mitsubishi Electric Corporation
- Delphi Technologies
- Calsonic Kansei Corporation
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Vehicle Type |
|
| Breakup by Technology |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global automotive electronic control unit market attained a value of nearly USD 50.17 billion.
The market is projected to grow at a CAGR of 7.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 93.63 billion by 2032.
The major drivers of the market include rising urbanisation, increasing acceptance of advanced safety systems, the features of assisted driver assistance, and increasing safety standards.
Rising demand for energy-efficient automobiles and growing awareness about environmental issues are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The product types include engine control unit, brake control module, suspension control module, powertrain control module, transmission control module, and telematics control unit, among others.
The segments based on vehicles are passenger car, light commercial vehicle, and heavy commercial vehicle.
The classification based on technology for the market are transmission control system, engine management system, anti-lock braking system, climate control system, power steering system, airbag restraint system, and body control system.
The major players in the industry are Robert Bosch GmbH, DENSO Corporation, BorgWarner Inc., Continental AG, Hitachi Automotive Systems Americas, Inc., Magneti Marelli S.p.A., Mitsubishi Electric Corporation, Delphi Technologies, Calsonic Kansei Corporation and Others.
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