Global Automotive Engine Management Systems Market 2017-2021
About Automotive Engine Management Systems
An automotive engine is a device or a machine that consumes fuel as an input and produces mechanical energy as output. It is used in passenger vehicles, airplanes, tractors, buses, two-wheelers, etc. The engine is the integral component of any vehicle that helps to convert chemical energy provided by fuel, in the form of heat, into mechanical energy in the form of power. The Engine Management System (EMS) is responsible for controlling the amount of fuel that is being injected and for adjusting the timing of the ignition. Proper and accurate functioning of EMS ensures that the engine power is maximum with the lowest amount of exhaust emissions and lowest possible fuel consumption.
Technavio’s analysts forecast the global automotive engine management systems market to grow at a CAGR of 4.68% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive engine management systems market for 2017-2021. To calculate the market size, the report considers the sales of automotive EMS.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Engine Management Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive engine management systems market: DENSO, Continental, Delphi Automotive, and Bosch
Other Prominent Vendors in the market are: Hitachi Automotive Systems, Westport, Valeo, Hella, Sensata Technologies, and Elta Automotive (Lucas Electrical).
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is EMS for natural gas engine applications. A highly configurable system, specifically developed for natural gas engine applications, has been developed that can be integrated with a wide range of engine components for flexible vehicle design and production. The system has unique engine control strategy with compatible and cost-effective design and natural gas components. Natural gas components, such as electronic control unit (ECU) and spark plugs, have been fully validated for the application and manufactured as per the automotive safety standards, which results in high levels of reliability and low cost.”
According to the report, one of the major drivers for this market is EMS enables better fuel efficiency and more power. Research and development in the field of automotive subsystem has led to more efficient designs of automotive engine components. An engine forms the heart of a vehicle, and therefore, it has gone through some major developments and improvements over the years, with the engine management system being one of the major developments.
Further, the report states that one of the major factors hindering the growth of this market is High development cost pressure on automotive OEMs. Auto OEMs are subject to heavy cost pressures due to the dynamism in the regulatory environment and demanding consumer base. Environment and safety standards are pushing OEMs to find means to comply with upcoming regulations, while not adding extra costs to the consumer. Controlling emissions are bound to increase the cost of the vehicle.
DENSO, Continental, Delphi Automotive, Bosch, Hitachi Automotive Systems, Westport, Valeo, Hella, Sensata Technologies, and Elta Automotive (Lucas Electrical).
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