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Automotive Electronics Control Unit Management Market to be Propelled by Growing Demand for Automotive Embedded Systems
Automotive Electronics Control Unit Management (ECU/ECM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020. Automotive Electronics Control Unit Management Market Led by Asia Pacific; Global Market to Rise at 6.3% CAGR
Published 06 November 2015
The global automotive electronics control unit management market (ECU/ECM) refers to the management system that monitors and controls all the major operations of the engine of an automobile. The automotive electronics control unit, also known as ECU, employs a closed-loop control that monitors the output of the vehicle’s crucial systems to manage the inputs, thereby managing the emissions and fuel economy of the engine.
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It collects data from various sensors to assemble all information linked with the automobile, ranging from the coolant temperature to the quantity of oxygen in the exhaust mechanism. With this data, the automotive electronics control unit management system carries out calculations to decide the best possible outcomes for the respective systems, in addition to maintaining coordination between the systems. Some systems thus controlled by the ECU include the perfect timing for the spark plug to generate the spark and determining the duration for which the fuel injector has to remain open. The automotive electronics control unit management system does this to ensure the best mileage with minimal emissions.
The demand for automotive embedded system has grown in leaps and bounds in recent times. The embedded systems in high-end vehicles include around eighty electronics control units. This increment in the demand for automotive embedded systems is eventually boosting the automotive electronics control unit management industry across the globe. Additionally, people are increasingly getting attracted towards a luxurious lifestyle with increased spending power, which is also adding to the growth of this market. In 2013, the global automotive electronics control unit management industry had attained a valued of US$28.60 billion. It is expected that this market will reach US$43.72 billion by the end of 2020, increasing at a 6.3% CAGR during the period of 2014 to 2020.
On the other hand, the intricacy of the automotive electronics control unit management system and the high cost inherent in it is hampering the market’s potential to flourish. However, the rising number of automatic cars means that the automatic cars industry can be seen as the best potential market for automotive electronics control unit management systems.
The automotive electronics control unit management industry is studies on the basis of the technologies employed, applications utilized, and the regional distribution of this market across the globe.
Transmission control systems, anti-lock braking system, engine management systems, climate control systems, airbag restraint systems, power steering systems, and body control systems are the segments of the automotive electronics control unit management industry on the basis of the technology. The ECU market for power steering systems accounted for the biggest market share in the automotive electronics control unit management industry. The increased demand for driving comfort has mandated the presence of power steering in all kinds of motor vehicles.
Utility vehicles, commercial vehicles, and passenger cars are the three segments of the global market for automotive electronics control unit management systems based on application. The passenger cars segment accounted for the biggest share in this market. China and India are the main markets for passenger cars in this region.
The global market for automotive electronics control unit management systems is regionally distributed into North America, Europe, Asia Pacific, and the Rest of the World. In 2013, Europe held the biggest share in the automotive electronics control unit management market. Exceptional growth in the automotive industry, coupled with rising concerns about the safety while driving is also driving the demand in this region.
The major participants in the global market for automotive electronics control unit management are General Motors Company (GM), Hitachi Automotive Systems Ltd., Panasonic Corporation, Alps Electric Co., Ltd., Hyundai Mobis Co Ltd., Delphi Automotive PLC, Denso Corporation, Robert Bosch GmbH, Lear Corporation, and Continental AG.
Asia Pacific is emerging as the fastest growing market for the automotive electronics control unit management because growth in the disposable income in emerging economies of Asia Pacific has propelled the demand for automotive electronics control unit management systems in the region.
Browse Full Global Automotive Electronics Control Unit Management Market Report With Complete TOC @ http://www.transparencymarketresearch.com/automotive-electronics-control-unit-management.html
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