Automotive electronics control units are
widely used across various automobile segments such as commercial
vehicles, utility vehicles, and passenger cars. Automotive electronics
control unit management is implemented for the operation of various
technologies including engine management, transmission control, body
control, airbag restraint, and other systems. The ever-growing demand
for automotive electronics control unit management from the emerging
economies in Asia Pacific has fuelled the growth of the global
automotive electronics control unit management market.
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The report states that the growing
demand for automotive embedded systems and the growing inclination
toward a luxurious lifestyle have propelled the growth of the global
automotive electronics control unit management market. However, the
complexity of the system, coupled with cost pressures might play
spoilsport in the growth of the market. The overall market has a huge
opportunity to grow with the rise in the number of autonomous cars.
In terms of technology, the report
segments the global automotive electronics control unit management
market into the following systems: Engine management, transmission
control, climate control, anti-lock braking, airbag restraint, power
steering, and body control. Power steering dominates the market as the
leading technology.
On the basis of application, the report
categorizes the global automotive electronics control unit management
market into passenger cars, utility vehicles, and commercial vehicles.
Passenger cars dominate the market, followed by commercial and utility
vehicles.
The report studies the global automotive electronics control unit management market
across four key regions: Europe, North America, Asia Pacific, and Rest
of the World. Presently, Europe leads the overall market owing to the
established base of the automotive industry in the U.K. and Central
Europe. The implementation of strict compliance laws to ensure
convenient and safe driving has propelled the growth of the market in
Europe. However, during the forecast period, Asia Pacific is anticipated
to register strong growth with the automotive industry focusing on
building manufacturing facilities in the region.
Describing the competitive landscape,
the report profiles some of the key players in the global automotive
electronics control unit management market such as Denso Corporation,
Continental AG, Robert Bosch, Delphi Automotive Plc, General Motors
Company, Lear Corporation Hyundai Mobis Co. Ltd., Alps Electric Co.
Ltd., Panasonic Corporation, and Hitachi Automotive Systems Ltd. The
report also offers insightful details about the market players including
their company overview, business strategies, financial overview, and
recent developments.
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