The North America automotive ECU market has experienced a high demand due to innovations in the autonomous vehicle technology. Increasing automated and self-driving vehicle testing projects in the U.S. are driving the industry growth. Additionally, favorable government permits for carrying out the test procedures are accelerating the development of automated technologies.
Semi-autonomous vehicles are expected to witness a rapid growth over the forecast timeline owing to the driving assistance features. These vehicles that incorporate the ECUs offer advantages such as critical safety functions, little human input, and better fuel efficiency. The growing demand for the vehicles is being witnessed in several regions such as Europe and North America due to the strong presence of global automobile players. The adaptive cruise control feature in the vehicles automatically adjusts the speed of the vehicle to maintain a safe distance from the nearby objects thereby supporting the industry demand.
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Increasing awareness about environmental protection and the use of electric vehicles across the globe are driving the automotive ECU market. With the increasing need for reducing the global fuel usage and carbon emissions, the demand for electric vehicles is increasing rapidly. Evs and HEVs offer several cost benefits to users including reduced fuel investment and low maintenance of the electric engines. The vehicles are majorly developed with eco-friendly manufacturing technologies and implement sustainable components, further reducing the carbon footprint. For instance, The European Commission set up the Green Car Initiative that will focus on the electromobility development, Green eMotion. The EU initiative is aimed at exchanging and developing the electric vehicles market in several European countries.
The 32 -bit controller segment in the automotive ECU market is expected to witness growth from 2018 to 2024. The controller components are mainly deployed in vehicles parts owing to the associated benefits that include lower power requirements and design simplifications. The conventional control units integrating 8-bit and 16-bit controllers have complex designs as compared to the advanced 32-bit options.
Companies operating in the global automotive ECU market include Bosch Group, Denso Corporation, Delphi Technologies, Hyundai MOBIS, Hitachi Automotive Systems, Altera Corporation, Texas Instruments, Lear Corporation, Johnson Control, Panasonic Corporation, Voxx International Corporation, and Calsonic Kansei Corporation
Same Point Form TOC:
Chapter 4 Automotive ECU Market, By Capacity
4.1 Key trends by capacity
4.2.1 Market estimates and forecast, by region 2013 - 2024
4.3.1 Market estimates and forecast, by region 2013 - 2024
4.4.1 Market estimates and forecast, by region 2013 - 2024
Chapter 5 Automotive ECU Market, By Vehicle Type
5.1 Key trends by vehicle type
5.2 Passenger vehicles
5.2.1 Market estimates and forecast, by region 2013 - 2024
5.3 Utility vehicles
5.3.1 Market estimates and forecast, by region 2013 - 2024
5.4 Commercial vehicles
5.4.1 Market estimates and forecast, by region 2013 - 2024
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