Press Release
Press Release
The global automotive electronic control unit market is being driven by the increasing acceptance of advanced safety systems. The global market for automotive electronic control units has expanded, with an emphasis on emission control and fuel efficiency. Automotive manufacturers are now concentrating more on software upgrades that would boost fuel efficiency and the regulation of emissions. The electronic automotive control unit performs an integral role within the engine as well as improving its efficiency to allow the vehicle to run smoothly. Components such as powertrain system, engine control unit, engine management system, brake control module, and climate control systems are the main components of the automotive electronic control unit. These modules operate very effectively and relay the output of the engine to the electronic control unit.
The automotive electronic control unit market is growing in the Asia Pacific region due to the growing markets in China and Japan. The automotive electronic control unit market in China and Japan is being aided by the growing consumption and production of electric vehicles in the two countries. North America is also expected to be one of the leading regional markets for automotive electronic control unit. Due to several government regulations in the region positively influencing the demand for electric vehicles, the North America market for automotive electronic control unit is expected to grow substantially in the coming years.
The rapid growth of the automobile industry and the expansion of the commercial vehicles segment has led to major players in the automotive electronic control unit market enhancing their portfolio to meet the rising demand from the commercial segment. In September 2018, Delphi Technologies (NYSE: DLPH) announced its expansion of electrified solutions including power electronics for commercial vehicles, with new manufacturing facilities planned in China and Poland. The company also launched its Generation 7 electronic controllers in September 2018 for commercial vehicles.
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The key players in the global automotive electronic control unit market include Robert Bosch GmbH, DENSO Corporation, Delphi Technologies, Continental AG, Hitachi Automotive Systems, Ltd., Magneti Marelli S.p.A., Calsonic Kansei Corporation, and Mitsubishi Electric Co., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers, acquisitions and investments, capacity expansions, and plant turnarounds.
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