Automotive ECU Market Worth US$ 96.39 Billion by 2025, Driven by RADAR, LiDAR and Advanced Telematics
The global automotive Electronic Control Unit (ECU) market is estimated to be USD 60.45 billion in 2017 and is projected to reach USD 96.39 billion by 2025, growing at a CAGR of 6.01% from 2017 to 2025.
(EMAILWIRE.COM, September 11, 2018 ) The automotive ECU market growth is primarily driven by the increasing demand for safety and comfort features in a vehicle. Increasing trend of ECU consolidation is considered a restraint for the global automotive ECU market.
Download Free Brochure of Automotive ECU Market Research Now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1433853 .
The automotive ECU market for battery electric vehicles (BEVs) is estimated to grow at the highest rate during the forecast period. Most of the automotive OEMs are incorporating advanced electronic systems such as HUDs, reconfigurable instrument cluster, rear seat entertainment, drive mode selector, advanced telematics, and electric power train in their electric vehicles.
Automotive ECU Market, By Level of Autonomous Driving
• Autonomous Vehicles
• Conventional Vehicles
• Semi-Autonomous Vehicles
Automotive ECU Market, By Vehicle Type
• Light-Duty Vehicles
• Heavy Commercial Vehicles
• Construction & Mining Equipment
• Agricultural Tractors
Automotive ECU Market, By Region
• Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific)
• Europe (Germany, France, Italy, UK, and Rest of Europe)
• North America (US, Mexico, and Canada)
• Rest of the World (Brazil, Russia, and South Africa)
Click Here for More Information on Automotive ECU Market with Forecast and Company Profiles at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1433853 .
Automotive ECU market growth in this segment can be attributed to increasing number of government mandates for ADAS features & inclusion of basic safety systems such as ABS, airbags, and TPMS. 64-bit ECU is estimated to be fastest growing segment of automotive ECU market. Rising demand for advanced electronics like windshield HUDs, camera modules, drive mode selector, RADAR, LiDAR, and advanced telematics.
Key Target Audience
• Automotive ECU manufacturers
• Automotive cockpit electronics manufacturers
• Automotive powertrain manufacturers
• Automotive safety and comfort system manufacturers
• Industry associations
• Raw material suppliers for automotive ECU manufacturers
• The Automobile Industry as an end-user,
• Traders, distributors, and suppliers of automotive ECUs
Connect for More Details for Discount and More Information “Automotive ECU Market by Application, ECU Capacity (16-bit, 32-bit, 64 bit), Propulsion (BEVs, HEVs, ICE), Level of Autonomous Driving, Vehicle Type (LDV, HCV, Construction & Mining Equipment, Agricultural Tractors), and Region - Global Forecast to 2025” report @ http://www.rnrmarketresearch.com/contacts/discount?rname=1433853 .
The automotive ECU market for Battery Electric Vehicles (BEVs) segment is estimated to grow at the highest rate during the forecast period. BEVs have many electric components and ECUs in the drivetrain, interior, and body. BEV manufacturers are also adopting advanced technologies to attract more customers.
The break-up of the primaries is as follows:
• By Company Type: Tier I–57%, Tier II–29% and OEMs–14%
• By Designation: C Level–36%, D Level–43% and Other –21%
• By Region: Asia Pacific–29%, Europe–36%, North America–19%, RoW–16%
A key factor restraining the growth of the automotive ECU market is the increasing consumer preference for BYOD (Bring Your Own Device) and the approach of ECU consolidation. Unlike conventional cockpit electronics system, the BYOD technology eliminates the need for embedded display and infotainment systems in the vehicle.
Download Free Brochure of Automotive ECU Market Research Now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1433853 .
The automotive ECU market for battery electric vehicles (BEVs) is estimated to grow at the highest rate during the forecast period. Most of the automotive OEMs are incorporating advanced electronic systems such as HUDs, reconfigurable instrument cluster, rear seat entertainment, drive mode selector, advanced telematics, and electric power train in their electric vehicles.
Automotive ECU Market, By Level of Autonomous Driving
• Autonomous Vehicles
• Conventional Vehicles
• Semi-Autonomous Vehicles
Automotive ECU Market, By Vehicle Type
• Light-Duty Vehicles
• Heavy Commercial Vehicles
• Construction & Mining Equipment
• Agricultural Tractors
Automotive ECU Market, By Region
• Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific)
• Europe (Germany, France, Italy, UK, and Rest of Europe)
• North America (US, Mexico, and Canada)
• Rest of the World (Brazil, Russia, and South Africa)
Click Here for More Information on Automotive ECU Market with Forecast and Company Profiles at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1433853 .
Automotive ECU market growth in this segment can be attributed to increasing number of government mandates for ADAS features & inclusion of basic safety systems such as ABS, airbags, and TPMS. 64-bit ECU is estimated to be fastest growing segment of automotive ECU market. Rising demand for advanced electronics like windshield HUDs, camera modules, drive mode selector, RADAR, LiDAR, and advanced telematics.
Key Target Audience
• Automotive ECU manufacturers
• Automotive cockpit electronics manufacturers
• Automotive powertrain manufacturers
• Automotive safety and comfort system manufacturers
• Industry associations
• Raw material suppliers for automotive ECU manufacturers
• The Automobile Industry as an end-user,
• Traders, distributors, and suppliers of automotive ECUs
Connect for More Details for Discount and More Information “Automotive ECU Market by Application, ECU Capacity (16-bit, 32-bit, 64 bit), Propulsion (BEVs, HEVs, ICE), Level of Autonomous Driving, Vehicle Type (LDV, HCV, Construction & Mining Equipment, Agricultural Tractors), and Region - Global Forecast to 2025” report @ http://www.rnrmarketresearch.com/contacts/discount?rname=1433853 .
The automotive ECU market for Battery Electric Vehicles (BEVs) segment is estimated to grow at the highest rate during the forecast period. BEVs have many electric components and ECUs in the drivetrain, interior, and body. BEV manufacturers are also adopting advanced technologies to attract more customers.
The break-up of the primaries is as follows:
• By Company Type: Tier I–57%, Tier II–29% and OEMs–14%
• By Designation: C Level–36%, D Level–43% and Other –21%
• By Region: Asia Pacific–29%, Europe–36%, North America–19%, RoW–16%
A key factor restraining the growth of the automotive ECU market is the increasing consumer preference for BYOD (Bring Your Own Device) and the approach of ECU consolidation. Unlike conventional cockpit electronics system, the BYOD technology eliminates the need for embedded display and infotainment systems in the vehicle.
Contact Information:
ReportsnReports
Ganesh Pardeshi
Tel: +91 9890103464
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
ReportsnReports
Ganesh Pardeshi
Tel: +91 9890103464
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results