According to a new market report published by
Lucintel, the future of the global automotive ECU market looks promising with
opportunities in the passenger car, light commercial vehicle, and heavy
commercial vehicle segments. The global automotive ECU market is expected to
reach an estimated $58.4 billion by 2023 and it is forecast to grow at a CAGR
of 6.0% from 2018 to 2023. The major drivers of growth for this market are increasing
electronic content per vehicle, increasing vehicle production, and increased stringent
government regulations for passenger safety.
Powertrain, entertainment, safety and
security, chassis electronics, and communication and navigation are the major
segments of the automotive ECU market by application. On the basis of its
comprehensive research, Lucintel forecasts that the safety and security, powertrain,
and entertainment segments will show above average growth during the forecast
period.
Passenger car, light commercial vehicle, and
heavy commercial vehicle are the major segments of the automotive ECU market by
vehicle type. Passenger car is expected to show above average growth during the
forecast period.
By end user, OEM and aftermarket are the major segments
of the global automotive ECU market. OEM is expected to remain the largest
segment due to increasing vehicle production.
Asia Pacific is expected to remain the largest
region and register the highest growth due to increasing vehicle production, more
government regulations for vehicle safety features, and additional investment
by the industry players within the APAC region.
Emerging
trends, which have a direct impact on the dynamics of the industry, include the
integration of multiple ECUs to reduce cost, and the development of ECUs for
autonomous driving. Continental AG, Robert Bosch GmbH, and Denso Corporation, ZF
TRW Automotive Holdings Corporation, Delphi Automotive PLC are the major ECU
suppliers in the global automotive ECU market.
Lucintel, a leading global strategic consulting and market research
firm, has analyzed growth opportunities in the global automotive ECU market by application,
vehicle type, end user, and region. Lucintel has compiled a comprehensive
research report entitled “Growth
Opportunities in the Global Automotive ECU Market 2018-2023: Trends, Forecast,
and Opportunity Analysis.” The Lucintel report serves as a catalyst for
growth strategy, as it provides comprehensive data and analysis on trends, key
drivers, and directions. The study includes a forecast for the global
automotive ECU market by application, vehicle type, end user, and region, as
follows:
By Application ($ Billion from 2012 to 2023):
- Powertrain
- Entertainment
- Safety and security
- Chassis electronics
- Communication and Navigation
By Vehicle Type ($ Billion and Million Units from
2012 to 2023):
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By End User ($ Billion from 2012 to 2023):
- OEM
- Aftermarket
By Region ($ Billion and Million Units from 2011 to
2022):
- North America
o
US
o
Canada
o
Mexico
- Europe
o
Germany
o
France
o
Russia
o
United Kingdom
- Asia Pacific
o
China
o
Japan
o
South Korea
o
India
o
Indonesia
- The Rest of the World
o
Brazil
o
Argentina
This
194-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com. Lucintel
offerings include Mass
Transportation, Transportation
Market Report, Strategic
Growth Consulting, Capital
Investment Analysis and Due Diligence.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. Lucintel offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers the following 11 key questions:
Q.1. What are
some of the most promising, high-growth opportunities for the automotive ECU
market by application (powertrain, entertainment, safety and security, chassis
electronics, and communication and navigation), by vehicle type (passenger car, light commercial vehicle, and
heavy commercial vehicle), end user (OEM and
aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q.2. Which segments will grow at a faster pace
and why?
Q.3.
Which region will grow at a
faster pace and why?
Q.4.
What are the key factors affecting
market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive
threats in this market?
Q.6. What are
the emerging trends in this market and the reasons behind them?
Q.7. What are
some of the changing demands of customers in the market?
Q.8.
What are the new developments in the
market? Which companies are leading these developments?
Q.9.
Who are the major players in this
market? What strategic initiatives are key players pursuing for business
growth?
Q.10.
What are some of the competing products
in this market and how big of a threat do they pose for loss of market share by
material or product substitution?
Q.11.
What M&A activity has occurred in
the last 5 years and what has its impact been on the industry?
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