Global Automotive Electronic Control Unit (ECU) Market - Segmented by Propulsion Type, Application, End-user, Autonomous Level, Vehicle Type, and Geographies - Growth, Trends, and Forecast (2018 - 2023)
The paradigm shift of vehicles from a mechanical to electronic system has paved the way for technological advancements, like power steering, infotainment, cruise control, HUD, in-car connectivity, and mobility. In modern cars (connected), electronic control systems (ECUs), along with LiDAR sensor technology are eventually making a self-driving autonomous car a reality.
Automotive ECUs along with image processing algorithms, camera and sensors support a number of Advanced Driver Assistance Systems (ADAS), like driver drowsiness detection, adaptive cruise control, forward collision alert, lane departure warning, pedestrian detection, and more. This has been one of the major driving factors as any compromise with safety would have a direct impact on the very existence of vehicles as the mode of transport.
Growing Demand for Electric Vehicles is Expected to Drive the ECU Market
ECUs are the most common component of electric vehicles as electronic control units control all the electrical and electronic parts of a vehicle allowing for maximum efficiency in terms of power output.
Electric vehicles market has seen a healthy growth in the recent years with about 2,447,807 vehicles sold in 2016 when compared to 890,470 in 2012. This spike in sales is the result of an increase in regulatory norms by various organizations and governments to control emission levels and to propagate zero emission vehicles. Highly programmed ECUs allow the reduction of emission level, thus, allowing the automakers to meet the standards.
Asia Occupies Highest Market Share
Electrification in Asia Pacific region has witnessed a high penetration rate due to the presence of China and Japan, as China is the leader market for electric vehicles and most of the automakers advancing in electric vehicle technology are from Japan. This development in electric vehicles can be correlated to the increase in market for ECU in the region and currently holds the highest market share in terms of both revenue and volume.
The market study on global automotive ECU is segmented into ADAS & safety systems, Body control and comfort, infotainment & communication and Powertrain systems based on application, Internal Combustion engine, Hybrid and Battery Electric Vehicles based on propulsion type, 16 Bit, 32 Bit, 64 Bit based on type, conventional, semi-autonomous and autonomous based on the level of autonomous and Passenger cars and commercial vehicles based on vehicle type, This study covers all the major countries of North America, Europe, Asia-Pacific, and Rest of the World.
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