DUBLIN--(BUSINESS WIRE)--The "Automotive ECU Market by Application, ECU Capacity (16-bit, 32-bit, 64 bit), Propulsion (BEVs, HEVs, ICE), Level of Autonomous Driving, Vehicle Type, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
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.
The market growth is primarily driven by the increasing demand for safety and comfort features in a vehicle. However, the increasing trend of ECU consolidation is considered a restraint for the global automotive ECU market.
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 powertrain in their electric vehicles.
Additionally, as electric vehicles have diverse electronic functions for the operation of the vehicle, they are equipped with a higher number of ECUs than conventional vehicles. The increasing demand for BEVs will positively impact the automotive ECU market.
The light-duty vehicles segment is estimated to hold the largest market size during the forecast period. These vehicles are equipped with more advanced electronic functions for comfort and convenience than commercial and off-highway vehicles.
Also, light-duty vehicles that are produced on large-scale are now equipped with advanced functions such as voice recognition, gesture control, and fatigue monitoring. The increasing number of advanced applications is fueling the growth of automotive ECU market for light-duty vehicle segment.
Some of the key market players are Continental (Germany), Bosch (Germany), Aptiv (UK), Denso (Japan), Autoliv (Sweden), Mitsubishi Electric (Japan), and Hitachi (Japan).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technological Overview
7 Automotive ECU Market, By Application
8 Automotive ECU Market, By Propulsion Type
9 Automotive ECU Market, By ECU Capacity
10 Automotive ECU Market, By Level Of Autonomous Driving
11 Automotive ECU Market, By Vehicle Type & Region
12 Competitive Landscape
13 Company Profiles
- Aptiv (UK)
- Autoliv (Sweden)
- Continental AG (Germany)
- Denso Corporation (Japan)
- Hitachi Automotive Systems (Japan)
- Lear Corporation (US)
- Magneti Marelli (Italy)
- Mitsubishi Electric (Japan)
- Robert Bosch (Germany)
- ZF (Germany)
For more information about this report visit https://www.researchandmarkets.com/research/fk3kgx/96_39_billion?w=4