Global Automotive Electronics Control Unit Market Growth 2023-2029

Global Automotive Electronics Control Unit Market Growth 2023-2029

The automotive electronic control unit refers to a control device that is composed of integrated circuits and is used to implement a series of functions such as analyzing and processing data. Widely used in the car, and the integration is getting higher and higher. The automotive electronic control unit is mainly composed of input circuits, A/D (analog/digital) converters, microcomputers and output circuits.

LPI (LP Information)' newest research report, the “Automotive Electronics Control Unit Industry Forecast” looks at past sales and reviews total world Automotive Electronics Control Unit sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Electronics Control Unit sales for 2023 through 2029. With Automotive Electronics Control Unit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Electronics Control Unit industry.

This Insight Report provides a comprehensive analysis of the global Automotive Electronics Control Unit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Electronics Control Unit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Electronics Control Unit market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Electronics Control Unit and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Electronics Control Unit.

The global Automotive Electronics Control Unit market size is projected to grow from US$ 32950 million in 2022 to US$ 42340 million in 2029; it is expected to grow at a CAGR of 42340 from 2023 to 2029.

The high demand for automotive electronic control units is due to the growth in awareness of fuel efficiency and emission control among the manufacturers. An automotive electronic control unit is embedded systems that controls electrical subsystems in a vehicle. The various types of electronic control unit include Engine Control Module (ECM), Powertrain Control Module (PCM), Transmission Control Module (TCM), Brake Control Module (BCM), Body Control Module (BCM) and Suspension Control Module (SCM). These components transmits the vehicle performance to the electronic control unit. The driving factor for the growth of electronic control unit market are low emission and higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicle emission, technological advancements and emerging economies. However, the high cost of electronic control unit system acts as a barrier for the growth of automotive electronic control unit market.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electronics Control Unit market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Transmission Control System
Engine Management System
Antilock Braking System
Climate Control System
Power Steering System
Airbag Restraint System
Body Controls System

Segmentation by application
Utility Vehicles
Passenger Cars
Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Autoliv
Bosch
Denso
Continental
TRW Automotive

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Electronics Control Unit market?

What factors are driving Automotive Electronics Control Unit market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Electronics Control Unit market opportunities vary by end market size?

How does Automotive Electronics Control Unit break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.