Pune, India, Oct 2022, MRFR Press Release/Market Research Future has published a Cooked Research Report on the Global Automotive Electronic Control Unit (ECU) Market.
Automotive Electronic Control Market
An automotive electronic control unit (ECU) is one of the most important components in an automotive vehicle. The ECU is responsible for efficient working and high performance of the vehicle as it controls important operations in a vehicle such as fuel injection and engine cooling etc.
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Automotive Electronic Control Unit (ECU) Market Synopsis
According to the MRFR analysis, the Global Automotive Electronic Control market size is projected to reach USD 84541.1million by 2030 at a CAGR of 5.7%.
The global automotive electronic control unit (ECU) market is consistently growing due to the growing popularity of automotive driver-assisted system technology across the globe and technological advancement within the automotive industry. Furthermore, growing research & development abilities among key players in the automotive electronic control unit (ECU) market are likely to drive the region’s market throughout the forecast year. The outbreak has significantly impacted the automotive supply chains, international trade, and manufacturing operations across the world. During the first half of 2020, automotive Electronic Control Unit (ECU) production declined amidst the COVID-19 pandemic as market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of COVID-19. Additionally, the lack of availability of raw materials owing to supply disruptions due to border and trade restrictions has hampered the production of the automotive Electronic Control Unit (ECU). However, some key market players have continued to run their manufacturing facilities. Furthermore, the low demand from the end-use industries has resulted in surplus stocks and, thus, reduced production.
Automotive Electronic Control Unit (ECU) Market Competitive Landscape
The Global Automotive Electronic Control Unit (ECU) market is characterized by the presence of many regional and local vendors. The global automotive electronic control unit (ECU) market is highly competitive, with all the players competing to gain a larger market share. The vendors compete based on cost, product quality, reliability, and aftermarket services. Therefore, vendors must provide cost-effective and efficient products to survive and succeed in a competitive market environment.
Denso Corporation, Delphi Automotive, Robert Bosch, Hyundai Mobis, Continental AG, Lear Corporation, Hitachi Automotive Systems, Panasonic Corporation, Magneti Marelli, Pektron Group, Takata Corporation are the major players in the automotive electronic control unit (ECU) market.
ECU Market Segmentation:
Automotive Electronic Control Unit (ECU) Market Based on Type:
- Powertrain Control Module: A powertrain control module is an automotive component, a control unit, used on motor vehicles. It is a combined controller that includes the engine control unit (ECU) and the transmission control unit (TCU). There are three separate computers on some vehicles, such as many Chryslers: the PCM, the TCU, and the Body Control Module (BCM). Increased demand for commercial and industrial vehicles benefits the automotive powertrain control module (PCM). Because of the ongoing depletion of fossil resources, strict laws governing the operation of automobiles have gained traction. PCM has multiple advantages, including light weight, compactness, ease of installation, and various other warning lights displayed for safety. As a result, PCM is gaining traction among electric and hybrid vehicle makers.
- Body Control Module: Body control module or 'body computer' is a known name in automotive electronics for an electronic control unit responsible for monitoring and controlling numerous electronic accessories in a vehicle's body. The BCM (Body control module) typically regulates the power windows, power mirrors, air conditioning, immobilizer system, central locking, and so on in an automotive. The BCM interfaces with other onboard computers through the vehicle bus. Its primary function is to operate load drivers, which act on relays to conduct actions in the vehicle, such as locking doors, flashing turn signals (in older automobiles), or dimming interior illumination.
- Chassis Control Module: The chassis control module is a microprocessor that performs diagnostics on a vehicle's operations related to the chassis, such as brake control, suspension control, and steering control. Also, it analyses data from wheel-speed sensors, the hydraulic brake system, and the suspension system to determine when to release braking pressure on a wheel that is ready to lock up and begin sliding. It consists of a processor that manages various body functions in a vehicle. The chassis control unit receives data from different input devices and controls the functions of the output devices based on the data received. Factors such as the rollout of stringent safety regulations, the adoption of high-end and luxury cars, and the growing adoption of air disc brakes in commercial vehicles are expected to drive the demand for the automotive electronic control unit (ECU)
- ADAS Control Module: The ADAS Control Module type comprises ECUs for controlling systems such as airbags, telematics, tire pressure monitoring, and collision warning. It is a passive safety system installed inside the passenger compartment. The ADAS control module oversees controlling airbag deployment, storing crash data, and communicating information with the car's engine. The ADAS control unit is flexible and scalable regarding the number of firing loops and sensor interfaces for peripheral crash sensors. The capacity of the ADAS control module to assure safety and assess the severity of an accident further drives market expansion. However, the susceptibility of current generation automobiles to cyber-attacks limits the market's fruitful expansion.
- Other: In the other types of the electronic control unit infotainment control, navigation control, vehicle audio control, etc. ECUs are comprised. An infotainment control and navigation control unit are widely growing in demand across the globe as it provides ease of driving and reduces human efforts while in travel. The electronic control units in other segments are poised to create significant opportunities shortly.
Automotive Electronic Control Unit (ECU) Market Based on Application Category:
- Powertrain: A powertrain is an assembly of every component that pushes the vehicle forward. The key components of a powertrain include an engine, transmission, driveshaft, axles, and differential. The relevance of the Powertrain Control Module (PCM) in improving fuel economy and reacting to worldwide environmental standards by reducing exhaust pollutants has been recognized. The PCM is the electronic control system that governs the operation of your engine and transmission. As a result, it acts similarly to car's primary computer, controlling fuel delivery, emissions functions, and many other things.
- Vehicle Safety: Automotive/Vehicle safety is the study and practice of design, construction, equipment, and regulation to minimize the occurrence and consequences of traffic collisions involving motor vehicles. Roadway and vehicle design advancements have steadily lowered injury and fatality rates in all first-world countries. Nonetheless, car accidents are the leading cause of injury-related mortality, accounting for an estimated 1.2 million deaths in 2004, or 25% of all deaths. Pedestrians account for two-thirds of those killed by automobiles. High-end and high-performance cars are becoming more popular due to intensive R&D in the automotive industry.
- Comfort: Comfort segments are technological advancements in the automotive electronic control unit that will support expansion over the following years. Customers anticipate better driving quality, even in smaller automobiles, sports cars, and off-road vehicles. The average client spends more time driving. Higher traffic density and speed increase the workload of the driver. The driving population's average age is rising. The demand for luxury and comfort in automobiles, particularly seat comfort, is increasing among car owners. Seat comfort systems vary depending on the season and personal preferences.
- Infotainment: Infotainment is a collection of automobile hardware and software that provides audio or video entertainment. A vehicle infotainment system combines hardware and software to deliver information and entertainment to a car's driver and passengers. The automotive industry is always developing new technology to give a high-quality driving experience. The emergence of an automotive infotainment system as a technology that integrates information and entertainment has piqued the interest of automakers. Consumers' increased disposable income and easy financing choices in emerging countries have allowed them to own passenger automobiles, creating demand for technologically equipped vehicles with smart and convenient infotainment solutions.
- Telematics: Telematics is a vehicle communication technology that relies on data moving to and from vehicles via wireless networks. The convergence of wireless communications, positioning technology, and in-vehicle electronics is propelling the automobile industry into the information era. The telematics control unit (TCU) is an embedded onboard system that manages wireless tracking, diagnostics, and communication to and from the vehicle. These systems can be utilized in eCall crash notification, electronic tolling, and vehicle tracking, among other applications.
Automotive Electronic Control Unit (ECU) Market Based on Vehicle Type:
- Passenger Vehicle: There were few sales in the aftermarket sector of the industry. However, with predicted increases in passenger vehicle sales and increasing safety awareness in both passenger and commercial vehicles, the automotive electronic control unit (ECU) market is likely to recover and expand economically to pre-COVID levels. The passenger segment can be further sub-segmented into hatchback cars, multi-purpose vehicles, sports utility vehicles, and sedans. The demand for automotive electronic control units (ECU)s also increasing due to improved driver safety and the high demand for an electronic control unit in high-end automotive. Due to the biggest number of passenger cars on the road, the passenger car category accounts for most of the global market. Over the projected period, the market for electric vehicles is expected to rise at an exponential rate.
- Commercial Vehicle: There were few sales in the aftermarket sector of the industry. However, with predicted increases in passenger vehicle sales and increasing safety awareness in both passenger and commercial vehicles, the market is likely to recover and expand economically to pre-covid levels. Commercial vehicles, including Light Commercial Vehicles (LCV) and Medium and Heavy Commercial Vehicles (M&HCV), are mostly used for trucks and buses, trains and metros, emergency vehicles, military vehicles, and other purposes. The COVID-19 pandemic impacted the automobile industry, causing a reduction in growth due to poor automotive sales or increased standards. Vehicles scrappage programs, ambitious expenditures on infrastructure and rural development, and the creation of severe regulatory criteria for vehicle length and weight limits, among other parameters, are expected to drive growth.
Automotive Electronic Control Unit (ECU) Market Based on region:
- North America: North America is a major automotive electronic control unit (ECU) market. It is estimated that North America's automotive electronic control unit (ECU) market will show steady growth due to the increasing use of safety systems in standard vehicles. The increase in the installation of electronic systems in passenger cars, light commercial vehicles, and SUVs are expected to drive the growth of the EVP electric vehicle ECU market in the region. Furthermore, severe government rules to reduce carbon emissions and demand for energy-efficient automobiles propel the industry. Increased demand for luxury automobiles also contributes to regional market expansion.
- Europe: Europe is the second-largest market, with healthy growth predicted during the forecast period. The strict government rules on automobile emissions are the primary driver of market growth in this region. Europe's share will significantly grow in the automotive electronic control unit (ECU) market. The area is home to many luxury car manufacturers who host various advanced electronic devices and sensors in their vehicles. This is expected to be the most crucial factor in the growth of the automotive electronic control unit (ECU) market in this region. Due to increased demand for autonomous vehicles, Europe is expected to account for a significant portion of the automotive industry's global electronic control module (ECU).
- Asia-Pacific: Asia-Pacific is one of the major regional markets for the automotive electronic control unit (ECU). The market size in Asia-Pacific stood at USD 25.08 billion in 2021. The region holds dominance in the global market. It continues to maintain its dominance over the forecast period owing to the growing demand for passenger cars in this region and the purpose it the rising disposable income of people. The rapid growth of the automobile sector in countries like India, China, and South Korea provides numerous opportunities to include ECU in new vehicles. Furthermore, increased demand for personal vehicles drives automobile production and opens new avenues for market expansion in this region.
- Rest of the World: Rest of the world includes regions such as Middle East & Africa, and South America. The Middle East and African nations are among the highest importers of automobiles and the high-tech associated with cars. This region is a developing economy with better infrastructure and transportation. Rising active collaborations of governments, regulatory bodies, and groups striving for economic development are important elements driving the rise of the automation and manufacturing sectors. This is likely to be a primary driving force for the region's market. During the forecast period, the automotive electronic control unit (ECU) market is likely to be driven by governments' increased focus on promoting the usage of the automotive sector.
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Companies Covered | 15 |
Pages | 110 |
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