DUBLIN, Sept 7, 2018 /PRNewswire/ --
The "Global Automotive Electronic Control Unit Market - by Technology, Vehicle Type, Application, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Automotive Electronic Control Unit Market was worth 36.42 Billion USD in 2017 and it is estimated to grow to 53.44 Billion USD by 2023 with a CAGR of 6.6% between 2017 and 2023.
Automotive Electronic Control Unit (AECU), is an embedded system that controls one or more of the electrical system or subsystems in a transport vehicle. AECU is responsible for monitoring all aspects of engine operation, making adjustments based on driver input, and also reads the amount of airflow entering the engine to adjust the throttle.
The Asia-Pacific region is expected to dominate the Global Automotive Electronic Control Unit Market in the forecast period due to the rapid economic growth in this region. It is followed by North America region and Europe regions with next highest market shares.
Drivers Vs. Constraints
- The increasing sales & production of vehicle, stringent government regulations toward passenger safety, low-cost ECUs and increase in demand for advance features in vehicles are the reasons for growth in Global Automotive Electronic Control Unit Market.
- Increasing complexities in the system is the reason which restricts the growth of this market.
Industry Structure and Updates
In March, 2018 Autoliv Inc., one of the major players in the automotive safety systems together with its software joint venture Zenuity, has been selected to develop and produce the first Level 3 advanced driver assistance systems (ADAS) for Geely.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Automotive Electronic Control Unit Market Segmentation, Forecasts and Trends - by Technology
5.1. Transmission Control System
5.2. Engine Management System
5.3. Antilock Braking System
5.4. Climate Control System
5.5. Power Steering System
5.6. Airbag Restraint System
5.7. Body Controls System
6. Global Automotive Electronic Control Unit Market Segmentation, Forecasts and Trends - by Vehicle Type
6.1. Utility Vehicles
6.2. Passenger Cars
6.3. Commercial Vehicles
7. Global Automotive Electronic Control Unit Market Segmentation, Forecasts and Trends - by Application
7.1. Powertrain
7.2. Chassis electronics
7.3. Entertainment
7.4. Communication and navigation
7.5. Safety systems
8. Global Automotive Electronic Control Unit Market Segmentation, Forecasts and Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
- Lear Corporation
- Robert Bosch
- Hitachi Automotive
- Continental
- Mitsubishi Electric Co.
- Takata Corporation
- Hyundai Mobis
- Calsonic Kansei Co.
- Denso
- Delphi Automotive
- Magneti Marelli Spa
- Autoliv Inc
- ZF TRW Automotive
- Dow Corning
- Infineon Technologies AG
For more information about this report visit
https://www.researchandmarkets.com/research/gvbd9s/global_automotive?w=5
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content with multimedia:http://www.prnewswire.com/news-releases/global-automotive-electronic-control-unit-market-2017-2023---market-is-expected-to-exceed-50-billion-300708770.html
SOURCE Research and Markets