Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The global automotive engine management system industry is likely to be driven by the rising awareness about the pollution and emission of harmful gases by commercial or passenger vehicles. The engine management system in a vehicle controls the emission efficiently. The technological advancements in the electrical and electronic devices installed in the vehicles will further provide an impetus to the market. The market will further be aided by the thriving automotive sector, which is likely to witness a surge in sales, owing to the rising demand for fuel-efficient cars with advanced features and a powerful engine management system.
In December 2020, Bosch Ltd. (NSE: BOSCHLTD) announced the completion of the second phase of construction of the Xi’an plant. The plant-covered and area of 74,000 square km and received a total investment of CNY 500 million. Furthermore, the growing popularity of a diverse range of sensors developed by Robert Bosch that are designed to optimise the engine performance is likely to bolster the market growth over the forecast period.
North America accounts for a significant share in the market owing to the high disposable incomes, increasing awareness about the steps needed to curb pollution and the rising popularity of electric vehicles. Also, the technological advancements required to enhance the electrical and electronic devices will bolster the demand for the engine management system. Meanwhile, the market in the Asia Pacific is anticipated to grow significantly, owing the rising population the flourishing transportation sector.
Market Breakup by Component Type, Engine Type, Vehicle, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the automotive engine management system industry are Robert Bosch GmbH, Continental AG, Hitachi Automotive Systems, Ltd., Infineon Technologies AG, Delphi Technologies (BorgWarner Inc.), and DENSO Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.