Automotive Electronic Control Units - Global Market Analysis & Outlook 2018-2024 - ResearchAndMarkets.com
Aug. 21, 2018
DUBLIN--(BUSINESS WIRE)--Aug 21, 2018--The "Automotive Electronic Control Unit Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global automotive electronic control unit market to grow with a CAGR of 6.5% over the forecast period of 2018-2024.
Increasing demand for technologically advanced vehicles such as hybrid vehicle is anticipated to be one of the major factor driving the growth of the automotive electronic control unit market. In addition, growing awareness among consumers regarding the reduction of fuel consumption is expected to fuel the growth of the automotive electronic control unit market over the forecast period.
However, increase in complexities in the system is anticipated to hinder the growth of the market. Moreover, increase in demand for hybrid and electric vehicles and the need for ADAS features are anticipated to provide several opportunities for the key players in the automotive electronic control unit market over the upcoming years.
Asia pacific is anticipated to be the largest region owing to the growing focus on the production of automated vehicles with advanced driver assistance and active safety feature.
Large companies are striving to retain their market share and maintain their market position. For instance, Visteon Corporation is integrating user-friendly human machine interface and ADAS into its Smart Core combined electronic control unit market system. Moreover, the formation of AUTOSAR regulates to develop and design layer between application software and electronic control unit market hardware.
Key Topics Covered
2. Executive Summary
3. Global Automotive Electronic Control Unit Market Electronic Control Unit Overview
4. Global Automotive Electronic Control Unit Market by Technologies
5. Global Automotive Electronic Control Unit Market by Application
6. Global Automotive Electronic Control Unit Market by Region 2018-2024
7. Companies CoveredPektron Group Limited Magneti Marelli Spa Hitachi Automotive Systems Ltd. Lear Corporation Panasonic Corporation Hyundai Mobis Co. Ltd. Delphi Automotive PLC Robert Bosch GmbH Denso Corporation Continental AG
For more information about this report visit https://www.researchandmarkets.com/research/ffzn2z/automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180821005359/en/
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Related Topics:Telematics and Vehicle Electronics
INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 08/21/2018 07:45 AM/DISC: 08/21/2018 07:45 AM