The automotive industry is one of the growing sectors currently and is expected to show significant growth during the forecast period. The automotive engine management system market is presently more inclined towards fuel efficiency. In order to reduce emissions and to manufacture the vehicles more environmental friendly and technologically upgraded, the OEM’s are concentrated on developing advanced engine management system.
Automotive engine management forms an integral part of any vehicle. It provides proper functioning of a vehicle and enables it to run smoothly without any trouble. Automotive engine management system consists of ECU (engine control unit), fuel pump, engine sensors and other components which transmits overall engine response to the engine management system. The fuel economy, emissions and the overall performance of the vehicle depends on the engine management system.
An automotive engine management system is composed of the electronic systems and electrical components that manage the entire engine operation from ignition to fuel delivery and emission control. The major components of an engine management system include engine control unit (ECU), engine sensors, fuel pump and other engine components. The proper functioning of an engine management system ensures maximum engine power with lowest emission and reduced fuel consumption. Based on engine type, engine management systems can be segmented into gasoline engine and diesel engine. Based on vehicle type, the engine management system market can be further segmented into passenger cars, LCV and HCV. Passenger cars held the largest share in 2014 due to the steady growth in sales and growing trend of buying cars in Asia Pacific. Gasoline engine dominates the global engine management system market compared to diesel engine. Rest of the world region is a very attractive market for automotive engine management systems with a substantial demand for automotives in countries like Saudi Arabia and UAE owing to the huge disposable income and steady growth in economy. Lower price of fuel in the region is also another reason for the growing demand for automotive engine management systems.
Based on vehicle type, the market is segmented into passenger car, LCV, and HCV. Increase in demand for passenger car in Asia Pacific is one of the major factors boosting the growth of automotive engine management system. Strict government norms for the environment are acting as an opportunity to develop more fuel efficient and environmental friendly automotive engine management system. The increase in demand for gasoline and diesel provides an opportunity to develop engine management system which runs on alternative fuel source.
New technology and upgradation of existing technology are the prime drivers of the global automotive engine management system market. New sensors are being fitted in engine management systems for better performance of engines. Upgraded engine control units (ECU) lowers emission and delivers more power to automotives. Carburetors are being replaced by fuel injection systems which are more advanced and provide more fuel efficiency. Thus newer technology in engine management systems is a key driver of the market globally. The global automotive engine management system market is growing at a steady pace due to increase in automobile demand across the globe. The demand for cleaner and more fuel efficient engines is driving the market of engine management systems. Upgradation from two strokes to four stroke engines is another factor driving the market in Asia Pacific and Rest of the World. Increase in disposable income and steady growth in the global economy is also propelling the demand. In addition, the demand for passenger cars, LCV and HCV are expected to experience substantial growth due to increase in disposable income and infrastructural development in countries such as India, China, and Japan among others.
Key players profiled in this report include Continental AG, Denso Corporation, Robert Bosch, Sensata Technologies, Delphi Automotive Plc and Hella Kgaa Hueck & Co. among others.
This is a market research report which undergoes an in-depth analysis of automotive engine management system market from a global perspective and provides estimates in terms of revenue (USD billion) from 2015 to 2021. Comprehensive analysis of the automotive engine management system market from all the different dimensions of the market is provided in the report. It includes the drivers and restrains impacting the market. The report also analyses the impact of the drivers, restrains and opportunities over the forecast period. Market opportunities of automotive engine management system are also included in the report. Automotive engine management system is forms an integral part of passenger cars, LCV and HCV. Engine management system is one of the main components as it receives valuable information from fuel pumps, ECU, engine sensors and controls the engine accordingly. The reasons for substantial growth in demand for automotives are increase in GDP and per-capita income in the countries of Asia Pacific. This is one of the main factors responsible for increase for the demand in the automotive engine management system market. Moreover, the increasing awareness about environment is also supported the growth of fuel efficient engine management system. ECU, engine sensor and fuel pump are some of the main components of the automotive engine management system.
One of the most attractive regions in automotive engine management system market is Asia-Pacific. Increase in purchasing power due to easy availability of credit facilities and technological upgradation along with the rise of upper middle class in the Asia Pacific region are the major factors increasing the demand for automotive engine management system market. Infrastructural development in the Asia-Pacific is also driving the automotive engine management system market as it increases the demand for LCV’s and HCVs’. Moreover, emerging countries such as India and China manufacture a large number of automotives in the Asia Pacific region which also drives the demand for automotive engine management system. Asia Pacific is followed by Rest of the world (ROW) from the market attractiveness point of view. Presence of countries like Saudi Arabia, UAE, Brazil and South Africa has lead to the significant growth in the automotive engine management system market due to increase in demand of automotives. However, Europe held the maximum market share for automotive engine management system. The reason for this in the presence of eminent automotive manufacturers like BMW, Mercedes Benz, Volkswagen and strict pollution control norms prevailing in Europe.
The report is sub-divided by engine type, vehicle type and geography. The report includes the market drivers, restraints, and opportunities of the automotive engine management system market. Current market trends are also highlighted in the study and provide the forecast from 2015 to 2021. Future trends that will influence demand in the coming years are also included in the report. The report has been segmented into North America, Europe, Asia-Pacific and Rest of the World based on region. The current market size, market trends and market scenario from 2015 and are also include in the report.
Strategic analysis of the global automotive engine management system market and the growth forecast for the period 2015 to 2021 is also provided in the report. The span of the report includes competitive analysis of various market segments based on the types, module and in-depth cross sectional analysis of the automotive engine management system market across different geographic segments. The types of automotive engine management system market include gasoline engine and diesel engine. Company profiles of leading market players are also included in this report to provide a backup of the market in a more detailed way. Market attractiveness analysis included in the report provides in-depth analysis into market dynamics and industry competition.
Company market share analysis of the various industry participants along with company overview, financial and business strategies and recent developments in the field of automotive engine management system market are also provided in the report. Major market participants profiled in this report include Continental AG, Denso Corporation, Robert Bosch, Sensata Technologies, Delphi Automotive Plc, Hella Kgaa Hueck & Co, Hitachi Ltd, Infineon Technologies AG, Sensata Technologies, Sanken Electric Company Ltd and BorgWarner Inc among others.
The Global Automotive Engine Management System Market has been segmented as follows:
Global Automotive Engine Management System Market: By Geography
- North America
- Asia Pacific
- Rest of the World
The report provides a cross-sectional analysis of all the below segments with respect to the above mentioned regions.
Global Automotive Engine Management System Market: By Engine Type
Global Automotive Engine Management System Market: By Vehicle Type
- Passenger car