Global Automotive Engine Electronic Control Unit Modules Market Growth 2024-2030

Global Automotive Engine Electronic Control Unit Modules Market Growth 2024-2030

An automotive engine electronic control unit module is a type of electronic control unit that controls a series of actuators on an internal combustion engine to ensure optimal engine performance.

The global Automotive Engine Electronic Control Unit Modules market size is projected to grow from US$ 51190 million in 2023 to US$ 84190 million in 2030; it is expected to grow at a CAGR of 7.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Engine Electronic Control Unit Modules Industry Forecast” looks at past sales and reviews total world Automotive Engine Electronic Control Unit Modules sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotive Engine Electronic Control Unit Modules sales for 2024 through 2030. With Automotive Engine Electronic Control Unit Modules sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Engine Electronic Control Unit Modules industry.

This Insight Report provides a comprehensive analysis of the global Automotive Engine Electronic Control Unit Modules 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 Engine Electronic Control Unit Modules portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Engine Electronic Control Unit Modules market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Engine Electronic Control Unit Modules 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 Engine Electronic Control Unit Modules.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022. In recent years, vehicles have been equipped with highly distributed control units. Each ECU has its functional requirements, and due to the electronics of the car, its respective hardware components (such as wiring, computing platforms, and sensors) have become more complex. Modern vehicles are composed of various control units to improve vehicle performance. Automotive electronic control units manage multiple actuators on internal combustion engines to keep the engine running properly. This is also known as an auto parts management system. It controls the oxygen content in the exhaust, engine speed and coolant temperature. Many automakers don't maximize the performance of their cars. The vehicle manufacturer limits the engine performance of the vehicle. The settings of the control unit can be easily adjusted according to the driving conditions or the owner's requirements to achieve smooth vehicle performance, improve fuel efficiency, and obtain more horsepower. Turbocharged engines allow for better engine performance. The remapping of these turbocharged vehicles can increase the power of the turbochargers, resulting in good performance. In addition to excellent performance, it can also improve the fuel economy of the vehicle. Remapping of the control unit helps to increase the mileage of the vehicle as it helps to achieve proper control of the fuel flow. This trend will help to grow the market over the forecast period.

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

Segmentation by type


12/24V

36/48V
Segmentation by application


Passenger Vehicle

Commercial Vehicle

Others
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.


Continental

Bosch

United Automotive Electronic Systems

Xtalin

PUES Corporation

Rimac Automobili

AIM Technologies

AEM Electronics

Ecotron

Beijing Jingwei Hirain Technologies

Selectron Systems

Hiconics Drive Technology

Enika

Ningbo Greenreev

Hyundai KEFICO
Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Engine Electronic Control Unit Modules market?

What factors are driving Automotive Engine Electronic Control Unit Modules market growth, globally and by region?

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

How do Automotive Engine Electronic Control Unit Modules market opportunities vary by end market size?

How does Automotive Engine Electronic Control Unit Modules break out type, application?


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