The component that control an automobile’s electrical system is called the automotive electronic control unit (ECU). It assists in gathering data from sensors put on vehicle components. And makes decisions based on sensor data to regulate the vehicle’s functionality. The data generate by electronic cars are use to regulate a variety of technologies. Including keyless entry, engine and steering control, transmission control modules, automated headlamps, suspension control modules, ventilation, and air conditioning (HVAC). The electronic control unit regulates airbags and other active and passive safety features like automated emergency braking systems.
In 2021, the automotive electronic control unit was worth USD 92.91 billion, and by 2030 it will reach USD 151 billion, growing at a 5.6% CAGR during the forecast period.
Several technological developments and rising public awareness drive the demand for energy-efficient automobiles. The regulatory bodies of various countries emphasize. The incorporation of automated safety systems and anti-lock braking, which is increasing demand for automotive ECU.
The automobile industry is moving quickly toward a new era of improved lives. Higher sustainability, altered consumer behavior, electric and linked vehicles, and mobility fleet sharing. The automobile industry is most promising in developing nations like Brazil, China, and India. The demand for electric vehicles globally also increases the demand for electronic control units (ECU) in these cars. The development of electric vehicles, for instance, can be connect to a growth in demand for ECU in the region. Which presently holds the greatest market share in revenue and volume. China is the world’s largest market for electric vehicles.
Failure of the electronic control unit in an automobile might have an adverse effect on the engine’s internal. And exterior settings, which would reduce the vehicle’s performance. Automotive vehicle issues like fuel inefficiency, volatility in slip ratio, and power loss are cause by this ECU failure issue.
The installation of ADAS systems in passenger and heavy-duty cars, as well as adaptive front lighting and anti-lock braking systems, are some of the schemes governments implement to improve road safety. For instance, since Europe’s new automotive evaluation program, which took effect in April 2020, was designe to decrease traffic accidents, it had to be integrate during manufacturing. As safety systems are deploy more frequently, there is a growing need for system-controlling devices. As a result, more automotive electronic Control units are employ to control these systems, fueling the market’s growth.
The automobile electronic control unit market is divided into ADAS & safety systems, body electronics, powertrain, infotainment, and others on the basis of application. In 2021, the infotainment sector held the largest market share. An infotainment system is a group of in-car technologies that offer entertainment and information to the driver and passengers using voice controls, touchscreen displays, button panels, audio/video interfaces, and other input modalities.
By Propulsion Type
On the basis of propulsion, the automobile electronic control unit market is segment into the internal combustion engine, hybrid, and battery-powered (ICE). The internal combustion engine category held the largest sales share in 2021. This is a byproduct of developing countries’ growing automobile industries. The Indian government, for instance, has made it mandatory for all domestic automakers to produce flex-fuel engines. Gasoline is burn and consume within an internal combustion engine (ICE) by the engine itself.
By Vehicle Type
In terms of vehicle type, the market for automotive electronic control units is segment into passenger cars and commercial vehicles. In terms of revenue, the passenger car category led the automotive electronic control unit market in 2021. Passenger automobiles, which include luxury cars, have more electronic control units (ECUs) than other car types due to superior features supplied in vehicle management systems. such as enhanced remote driver functions and updated vehicle software.
The Asia Pacific region ruled the automotive ECU market in 2022 with 49% of the revenue share. It is due to the rising demand for passenger-car entertainment and communication apps. There are many prospects to integrate ECU into the new car. Since the automotive sector is quickly growing in nations like South Korea, India, and China. Also, the growing demand for personal automobiles is stimulating the manufacture of cars. And opening up new prospects for the expansion of the automotive electronic control unit market in this region.
- Magneti Marelli S.p.A.
- Mitsubishi Electric
- Hyundai Mobis Co. Ltd.
- Robert Bosch GmbH
- Hella KGaA Hueck & Co.
- Hella KGaA Hueck & Co.
- ZF Friedrichshafen AG
- Panasonic Corporation
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In 2021, the automotive electronic control unit was worth USD 92.91 billion. And by 2030 it will reach USD 151 billion, growing at a 5.6% CAGR during the forecast period. The market for automotive electronic control units is expanding. Due to developments in the electronics sector and rising demand for high-end automobiles.
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