Continuous growth in the number of embedded components
used by automotive manufacturers has spotlighted new opportunities for
suppliers. Emergence of V2V and V2I connected systems is expected to spur
market growth through the forecast period.
High level of complexity due to integration of
automotive domains in order to combine individual ECUs into ECU domains would
pose a challenge to market growth. Growing consumer preference towards
sophisticated equipment in mid-sized vehicles such as high-end communication
& navigation systems is expected to yield opportunities for the automotive
electronics market.
Access
Full Research Report by Grand View Research: http://www.grandviewresearch.com/industry-analysis/automotive-ecu-market
Further
key findings from the study suggest:
- Safety & security systems segment accounted
for the majority of market share in 2013 and is further expected to
generate high revenue through the forecast period. Rising safety awareness
among consumers is fueling the demand for airbags and anti-lock breaking
systems across various vehicle segments.
- Communication & navigation systems
application segment is expected to witness high demand for automotive ECUs
over the forecast period. This can be attributed to advanced features such
as in-car data storage, eco-efficiency and sophisticated in-car features.
Increasing emphasis on road safety with connected systems is expected to
be the key growth driver for the segment.
- Asia Pacific is expected to witness high growth
due to rising safety installations and increased manufacturing activities.
Countries such as China and Japan are expected to favorably impact
regional market growth. Newly mandated warning systems for onboard diagnostics
systems that help owners to monitor emissions is expected to drive the
North America market.
- Prominent companies operating in the automotive
ECU market include Delphi, Bosch, Continental AG, Denso, TRW Automotive,
Autoliv, etc. Key market participants invest heavily in R&D to offer
product differentiation as well as cost-effective ECUs by building
technology partnerships with other participants in the ecosystem.
Browse more reports of this category
by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the global automotive ECU
market on the basis of application and region:
Automotive ECU Application Outlook (Revenue, USD Billion, 2012 - 2020)
- Powertrain
- Chassis Electronics
- Safety & Security
- Entertainment
- Communication & Navigation
Automotive ECU Regional Outlook (Revenue, USD Billion, 2012 - 2020)
- North America
- U.S.
- Mexico
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Japan
- RoW
- Brazil
Access press release by Grand View
Research: http://www.grandviewresearch.com/press-release/global-automotive-ecu-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
No comments:
Post a Comment