Automotive Electronic Control Unit (ECU) Market Growth
OREGAON, PORTLAND, UNITED STATESย , May 27, 2024 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global automotive ECU market generated $87.6 billion in 2020, and is projected to reach $142.1 billion by 2030, witnessing a CAGR of 5.1% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/2265
An electronic control unit (ECU), also known as an electronic control module (ECM), is an embedded system in automotive electronics that controls one or more electrical systems or subsystems in a car or other motor vehicle. The significant applications of these control units in vehicle technology include, the advanced driver assistance system (ADAS) due to the requirement to control driving operations. It can also control passive and active safety functions, such as airbags and automatic emergency braking, thus driving product adoption. Furthermore, expansion of distribution and dealership networks by manufacturers globally gained profits and strengthened their industry presence. For instance, in March 2020, Robert Bosch GmBH & Nikola Motor Company formed a partnership to develop a fuel cell truck, which provides higher computing power for advanced functions. The reducing number of independent units supports future innovations by delivering a scalable platform for the complex e/e architecture, which is essential to support the advanced features of Nikola's trucks.
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐๐๐๐ซ๐ฌ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐ฆ๐จ๐๐, ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ, ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, the powertrain segment held the highest market share in 2020, holding more than one-fourth of the total market share, and is expected to continue its leadership status during the forecast period. However, the ADAS segment is estimated to register the highest CAGR of 6.4% from 2021 to 2030.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ฆ๐จ๐๐, the conventional segment held the largest market share in 2020, holding more than half of the total market share, and is expected to continue its leadership status during the forecast period. However, the autonomous segment is projected to register the highest CAGR of 5.9% from 2021 to 2030.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/automotive-electronic-control-unit-ecu-market/purchase-options
๐๐๐ฌ๐๐ ๐จ๐ง ๐ซ๐๐ ๐ข๐จ๐ง, North America contributed to the highest share in terms of revenue in 2020, holding nearly two-fifths of the total market share, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific is projected to manifest the fastest CAGR of 6.3% during the forecast period.
Factors such as increase in demand for automobiles, stringent safety regulations set by the government, increase in demand for advanced features in vehicles, and development related to manufacturing low-cost ECUs are expected to drive the automotive electronic control unit (ECU) market. However, increase in complexity and number of the electronic control unit (ECUs) restrain the market growth. Furthermore, demand for electric & hybrid vehicles and the need for advanced driver assistance features provide lucrative growth opportunities for the market players.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/2265
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By technology, the ADAS segment is expected to register a significant growth during the forecast period.
Depending on application, the electric vehicles segment is anticipated to exhibit significant growth in the near future.
On the basis of mode, the autonomous segment is projected to lead the global automotive electronic control unit (ECU) market owing to higher CAGR.
Based on ECU Capacity, the 64 Bit segment is projected to lead the global automotive electronic control unit (ECU) market owing to higher CAGR.
Asia-Pacific is anticipated to register the highest CAGR.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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David Correa Allied Market Research+ 18007925285email us hereVisit us on social media:FacebookTwitterLinkedInOther Originally published at https://www.einpresswire.com/article/714990002/emerging-trends-and-technologies-in-the-automotive-electronic-control-unit-ecu-market-denso-corporation-aptiv-lear
