ECU Market for Autonomous Vehicles: Introduction
- Electronic control unit (ECU) is designed to regulate and carry out the operations of the vehicle’s electronic systems including anti-lock brake system, lane deviation warning system, and fuel injection setup system. The ECU takes inputs from different parts of the vehicle, depending on their function. For instance, the airbags receive inputs from the crash sensor.
- Introduction of connected vehicles, where the ECU is an integral part, boosts the ECU market for autonomous vehicles. In 1970, the ECU was introduced in the automotive industry, which marked a revolution in the automobile industry.
Key Drivers of ECU Market for Autonomous Vehicles
- Rise in vehicle production integrated with growing safety standards across the globe is likely to propel the automotive ECU market for autonomous vehicles. Increase in integration of artificial intelligence in vehicles is prompting vehicle manufacturers to develop autonomous vehicles. However, the ECU plays a vital role in the functioning of advanced safety features such as anti-lock braking system, airbags, and the vehicle control system. This is anticipated to boost the ECU market for autonomous vehicles across the globe.
- Rise in integration of infotainment systems in vehicles is likely to propel the ECU market for autonomous vehicles across the globe. Rise in vehicle electrification across the globe is likely to boost the ECU market for autonomous vehicles across the globe. Increase in adoption of advanced features in vehicles, including traffic control system, lane departure warning system, and blind spot monitoring system, is anticipated to propel the ECU market for autonomous vehicles across the globe.
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Europe & Asia Pacific to hold significant share of global ECU market for autonomous vehicles
- Europe is projected to account for a major share of the global ECU market for autonomous vehicles due to a rise in the demand for autonomous vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH, Denso Corporation, and Continental AG who have major facilities that undertake research & development on the ECU, which is likely to propel the ECU market for autonomous vehicles across the globe.
- Followed by Europe, Asia Pacific is projected to hold a significant share of the global ECU market for autonomous vehicles due to an increase in sale of vehicles across the region. Presence of major automotive parts manufacturing industries across China, India, and Japan is anticipated to propel the ECU market for autonomous vehicles across Asia Pacific.
Key Players Operating in ECU Market for Autonomous Vehicles
The ECU market for autonomous vehicles is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the ECU market for autonomous vehicles are:
- Advics Co.Ltd.
- Altera Corporation
- ZF Friedrichshafen
- Robert Bosch GmbH
- Denso Corporation
- Continental AG
- Valeo
- Panasonic Corporation
- Texas Instrument
- Pioneer Corporation
- Lear Corporation
- Infineon Technologies
- Hyundai Mobis
- Calsonic Kansei Corporation
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Global ECU Market for Autonomous Vehicles: Research Scope
Global ECU Market for Autonomous Vehicles, by Propulsion
- Internal Combustion Engine (ICE)
- Battery Electric Vehicle(BEV)
- Hybrid Electric Vehicle (HEV)
Global ECU Market for Autonomous Vehicles, by Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
Global ECU Market for Autonomous Vehicles, by Capacity
- 16-bit
- 32-bit
- 64-bit
Global ECU Market for Autonomous Vehicles, by Application
- Infotainment & Communication
- Air Bag
- Anti-Lock Brake System
- Others
Global ECU Market for Autonomous Vehicles, by Sales Channel
- OEM
- Aftermarket
Global ECU Market for Autonomous Vehicles, by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Nordic Region
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
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