Global Hybrid Vehicle Electronic Control Unit (ECU) Market 2017-2021
About Hybrid Vehicle Electronic Control Unit (ECU)
A modern luxury car has over 70 ECUs to manage its electrical systems. These modern automobiles have many ECUs owing to the increasing demand for safety features, such as advanced driver assistance systems (ADASs), in automobiles that can be implemented in a cost-effective manner using ECUs. Hybrid vehicles have a significant adoption rate of ECUs for various applications owing to the presence of electric drivetrain and requirement of efficient power management for greater mile range, leading to growth in the hybrid vehicle ECU market.
Technavio’s analysts forecast the global hybrid vehicle electronic control unit (ECU) market to grow at a CAGR of 50.99% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global hybrid vehicle electronic control unit (ECU) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Hybrid Vehicle Electronic Control Unit (ECU) Market 2017-2021
Technavio recognizes the following companies as the key players in the global hybrid vehicle electronic control unit (ECU) market: Continental, MAHLE, DENSO, Delphi, and ZF.
Other Prominent Vendors in the market are: Autoliv, FUJITSU TEN, HuberGroup, Keihin, Minda Corporation, Pektron, and Tata Elxsi.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of hybrid ECU to control the system of HEV. The modern control system in HEVs uses few feedback loop and has desired velocity as the variable being controlled. In the modern control system, the driver acts as one of the control element that operates accelerator or brake as per the situation.”
According to the report, one driver in the market is cost reduction in hybrid vehicles, leading to their increased adoption. The hybrid segment is a prominent segment of the EVs owing to the scalability of the segment compared to other segments in EVs. Hence, the growth of this segment is vital for the ECU market, and the cost of hybrid passenger cars plays an important role for the same. Currently, a premium of $2,500 to $3,500 is needed for manufacturing the vehicles by the hybrid manufacturers over conventional vehicles for giving a fuel efficiency of 25% to 30%.
Further, the report states that one challenge in the market is high cost-to-weight ratio of HEV. Basic models of HEVs are costlier than ICE vehicles falling under the same category; HEV's basic model price difference range is $2,500-$4,000. For mid-luxury and other hybrid vehicles categories, the price difference ranges from $5,000 to $10,000, which is also more than that of ICE vehicles in the same categories. Owing to the heavyweight of battery packs and supporting motors that are installed in HEVs, hybrid vehicles are 10%-20% heavier than their normal ICE models. Normally, they are 350-500 lbs. extra than normal engine vehicles.
Continental, MAHLE, DENSO, Delphi, ZF, Autoliv, FUJITSU TEN, HuberGroup, Keihin, Minda Corporation, Pektron, and Tata Elxsi.
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