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Worldwide Automotive Braking System ECU Markets to 2023: Expected to Grow at a CAGR of 7.25% - ResearchAndMarkets.com

November 13, 2018

DUBLIN--(BUSINESS WIRE)--Nov 13, 2018--The “Global Automotive Braking System ECU Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The global automotive braking system ECU market is forecast to grow at a CAGR of 7.25% during the period 2019-2023.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.One trend in the market is growing market share of premium and luxury vehicles driving advanced braking system. The global automotive market is witnessing growing demand for premium and luxury passenger vehicles. Sales of such vehicles are going up, driven by factors such as improving socio-economic conditions in emerging economies and steady demand from developed economies among others. According to the report, one driver in the market is improved braking performance and brake effectiveness with integration of ECUs. An automotive braking system forms an integral part of a vehicle and also serves as the key safety parameter. The global automotive industry has witnessed a shift from mechanical braking systems to hydraulic, electro-hydraulic, and all-electric braking systems. Further, the report states that one challenge in the market is ECUs are expensive and add to overall cost of vehicle. ECUs now form an integral part of most automotive systems and involve electronics. Most vehicles produced today have an onboard computer-based electronic architecture in braking systems. This electrical architecture is complex and uses multiple algorithms, which increases a vehicle’s cost.

Key Vendors

AutolivBoschContinentalDensoHitachiMitsubishi ElectricZF Friedrichshafen

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystemMarket characteristicsMarket segmentation analysis

PART 04: MARKET SIZING

Market definitionMarket sizing 2018Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket condition

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by applicationComparison by applicationPassenger vehicles - Market size and forecast 2018-2023Commercial vehicles - Market size and forecast 2018-2023Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentationGeographic comparisonAPAC - Market size and forecast 2018-2023EMEA - Market size and forecast 2018-2023Americas - Market size and forecast 2018-2023Key leading countriesMarket opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market driversMarket challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

OverviewLandscape disruptionCompetitive scenario

PART 13: VENDOR ANALYSIS

Vendors coveredVendor classificationMarket positioning of vendorsAutolivBoschContinentalDensoHitachiMitsubishi ElectricZF Friedrichshafen

For more information about this report visit https://www.researchandmarkets.com/research/v27mkt/worldwide?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181113005552/en/

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Related Topics:Brake Systems and Components

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/13/2018 04:58 AM/DISC: 11/13/2018 04:58 AM

http://www.businesswire.com/news/home/20181113005552/en

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