Global Automotive ECU Market to Reach $96.39 Billion by 2025; Driven by the Increased Incorporation of Advanced Safety, Convenience, and Comfort Systems in Vehicles - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 6, 2018--The “Automotive ECU Market by Application, ECU Capacity (16-bit, 32-bit, 64 bit), Propulsion (BEVs, HEVs, ICE), Level of Autonomous Driving, Vehicle Type, and Region - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The Electronic Control Unit (ECU) market for automotive is projected to grow at a CAGR of 6% from 2017 to 2025. The market for automotive ECUs is estimated to be USD 60.45 Billion in 2017 and is projected to reach USD 96.39 Billion by 2025.
The key growth drivers of this market are the increased incorporation of advanced safety, convenience, and comfort systems in vehicles and the increase in demand for hybrid electric vehicles (HEV) and battery electric vehicles (BEV).
The ADAS & safety system segment is estimated to hold the largest market share in the global automotive ECU market. The market growth in this segment can be attributed to the increasing number of government mandates for ADAS features and the inclusion of basic safety systems such as ABS, airbags, and TPMS.
The 64-bit ECU is estimated to be the fastest growing segment of automotive ECU market. Rising demand for advanced electronics such as windshield HUDs, camera modules, drive mode selector, RADAR, LiDAR, and advanced telematics that require fast and real-time processing is expected to drive the 64-bit ECU market.
By vehicle type, the light-duty vehicles segment is estimated to hold the largest market share of the automotive ECU market. Luxury light-duty vehicles use a large number of ECUs as these vehicles are equipped with advanced vehicle electronics functions for better comfort, convenience, and safety.
Companies MentionedAptiv (UK) Autoliv (Sweden) Continental AG (Germany) Denso Corporation (Japan) Hitachi Automotive Systems (Japan) Lear Corporation (US) Magneti Marelli (Italy) Mitsubishi Electric (Japan) Robert Bosch (Germany) ZF (Germany)
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technological Overview
7 Automotive ECU Market, By Application
8 Automotive ECU Market, By Propulsion Type
9 Automotive ECU Market, By ECU Capacity
10 Automotive ECU Market, By Level of Autonomous Driving
11 Automotive ECU Market, By Vehicle Type & Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/5p5nd8/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180606006208/en/
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Related Topics:Engines and Engine Parts
INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 06/06/2018 02:21 PM/DISC: 06/06/2018 05:46 PM