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Automotive Electronic Control Unit Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032

Published On : 2021-02-15

The Automotive Electronic Control Unit Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.

An automotive electronic control unit, also known as brain of an automobile, is an embedded system responsible for monitoring and control of electrical and electronic subsystem in an automobile. The automotive industry has expanded significantly during past decade and has witnessed continuous advancement in vehicle control technology. With emergence of automotive electronic control units, the automotive industry has witnessed increased competition across the globe.

Electronic control unit is used to control the sub-systems in an automobile for improved performance, enhanced safety and reduced carbon emissions. An automobile consists of different electronic control units such as engine control module (ECM), transmission control module (TCM), powertrain control module (PCM), central control module (CCM), brake control module (BCM or EBCM), central timing module (CTM), body control module (BCM), general electronic module (gem), suspension control module (SCM) and so on. Depending on the electronic system architecture of an automobile, an automobile may consist of single electronic control unit to monitor and control all the sub-systems or dedicated electronic control units for all the essential sub-systems.

To achieve high operational efficiency, automotive manufacturers are focusing on deployment of dedicated electronic control unit to control and monitor individual sub-system. This is anticipated to bolster the growth of the global automotive electronic control unit market. However, due to disruption in automotive supply chain and production activities across the globe amidst the COVID-19 pandemic, the global automotive electronic control unit market is anticipated to witness reduced demand during coming years.

Increased demand for luxury vehicles to drive the growth of the automotive electronic control unit market across passenger vehicle segment

The global automotive electronic control unit market is segmented on the basis of vehicle type, propulsion type, architecture, level of autonomy, applications, and geography. Based on vehicle type, the global automotive electronic control unit market is segmented into passenger vehicle and commercial vehicle. The commercial vehicle segment is further sub-segmented into light commercial vehicles, and heavy commercial vehicles.

The passenger vehicle segment contributed a dominating share to the global market in 2019 and is anticipated to witness steady growth during forecast period. The demand for automobiles with advanced electronic control systems and safety systems has increased significantly across the globe with rising consumer awareness along with stringent regulations to ensure occupant vehicle safety. This has contributed towards the growth of passenger vehicle segment during past five years.

ADAS & Safety system to drive the growth of automotive electronic control unit market

Based on applications, the global automotive electronic control unit market is segmented into advanced driver assistance system (ADAS) & safety system, body control & comfort system, infotainment & communication system, powertrain control system, and others. The advanced driver assistance system (ADAS) & safety system segment contributed the largest share to eh global market in 2019 owing to strong penetration of ADAS across passenger vehicles. The body control & comfort system segment is anticipated to exhibit prominent growth during forecast period.

Based on geography, the global automotive electronic control unit market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific contributed a dominating share to the global automotive electronic control unit market in 2019 and is expected to be the fastest growing segment during the forecast period. Europe is anticipated to grow at a steady rate during the forecast period owing to increased investment in development of electric vehicles and associated control electronics.

Major players active in the global automotive electronic control unit market include Aptiv PLC, Autoliv Inc., Continental AG, Delphi Technologies, Denso Corporation, Hitachi, Mitsubishi Electric Corporation, Robert Bosch GmbH, and ZF Friedrichshafen AG.

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