1. Market Research
  2. > Automotive Market Trends
Automotive Electronic Control Unit (ECU) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Automotive Electronic Control Unit (ECU) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • November 2021
  • 139 pages
  • ID: 6184951
  • Format: PDF
  • Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

The Automotive Electronic Control Unit (ECU) Market was valued at USD 44 billion in 2020 and is expected to reach USD 67 billion in 2026 by registering a CAGR of around 6% during the forecast period (2021 - 2026).

The Impact of the COVID-19 pandemic on the automotive electronic control unit market is inevitable due to shut down of automotive manufacturing units and lock downs. However, market is expected to regain its momentum owing to the swiftly escalating year-on-year adoption rate of electric vehicles across the world.

Government regulations to reduce fuel usage and increasing demand for better mileage of the vehicles by the general public is another major factor leading to high growth of ECU market in the automotive industry.

The steady growth of alternative vehicle choices such has the hybrid and pure electric cars in the developed nations has contributed significantly to the ECU market due to high complexities of these vehicles over conventional vehicles. Driver safety, security concerns, ease of driving, low maintenance demanded by the customers are also some of the factors driving the growth of ECU market.

The involvement of smartphones connected to the vehicle providing the driver with real time information about the state of vehicle is a major trend in recent times. These advanced ECU systems with the provision to connect with the smartphones easily can lead to an improvement in the growth of ECU systems.

Asia-Pacific region followed by North America and Europe anticipated to witness significant growth during the forecast period owing to growing demand for electric vehicles in the region. Moreover, Increased demand for technologically advanced vehicles like hybrid vehicles in the developed and developing countries to drive the growth of ECU market.

Key Market Trends

Rising Electric Vehicle Sales to Boost Demand for ECUs

The demand for Electric Vehicles is growing rapidly across the world, and this in turn to augment demand for ECU in these vehicles. In addition, favorable government subsidies and initiatives to act as catalyst boosting the growth of ECU market. By 2040, nearly 54% of the new car sales and 33% of the global car fleet will be electric.

To meet the electric vehicle sales target, the European government has already started various projects for building charging infrastructure across the regions. This transformation in the automotive industry is expected to have an impact on the automakers, electronic component manufacturers, aftermarkets, and supply chain of the industry itself.

As a result, manufacturers of parts and components only pertaining to IC engine vehicles are now expanding their business into the electric vehicle domain. As the demand for and sale of electric vehicles are increasing. In the automotive diagnostics market, components, such as ECU for engine control and transmission, would be replaced by ECUs for the electrical architecture and the battery management systems.

Moreover, the conventional diagnostic systems are anticipated to be completely replaced by the onboard diagnostic systems that would continually monitor the health of all the electric and mechanical components of the vehicle.

Asia-Pacific Anticipated To Dominate the ECU Market

Asia-Pacific dominates the automotive electronic control unit market due to rise in the demand for in-vehicle infotainment and communication applications in passenger vehicles, an increase in disposable income, and rise in automobile production in this region.

Electrification in the Asia-Pacific region has witnessed a high penetration rate due to the presence of China and Japan, as China is the leading market for electric vehicles, and most of the automakers advancing in electric vehicle technology are from Japan. This development in electric vehicles can be correlated to the increase in the market for ECU in the region and currently holds the highest market share in terms of both revenue and volume.

North America is the expected region in terms of growth in the automotive electronic control unit market due to an increase in the demand for luxury cars, growing demand for energy-efficient vehicles, and strict government regulations to reduce carbon emissions in this region.

The European automotive ECU market is growing as the infotainment & communication applications are experiencing high demand due to their implementation in luxury & passenger vehicles. The growing focus on providing luxury and comfort features by leading automotive manufacturers present in European countries, including Germany, Italy, etc., is further generating prospects for the industry development.

Competitive Landscape

The Automotive Electronic Control Unit Market is dominated by players such as Lear Corporation, Robert Bosch GmbH, Nidec Corporation, Continental AG, Delphi Technologies, among others. Companies around the world are adopting various and innovative technologies and investing in R&D projects. Moreover, manufacturers are expanding their networks by developing dealership and distribution networks globally to gain profits & strengthen the industry presence. For instance,

In December 2019, Denso Corporation Bought a Stake in PiNTeam Holding GmbH PiNTeam Holding GmbH develops embedded software systems for vehicles. The equity investment has accelerated Denso’s development of basic software that controls the onboard electronic control unit (ECU).
In January 2019, ZF Friedrichshafen AG & Xilinx Will Jointly Develop AI Automation and Autonomous Driving. This joint venture will help ZF Friedrichshafen AG to overcome the problem of autonomous driving systems and AI-based automation. Xilinx is a leader in adaptive and intelligent computing, powering its advanced AI-based automotive control units. This will also help ZF Friedrichshafen AG to overcome automation problems.

Owing to the above-mentioned instances and developments, players in the Automotive Electronic Control Unit anticipated to focus on capturing the majority of market shares and are likely to expand their geographical presence during the forecast period.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Automotive Embedded System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Component, and Application

  • £ 3549
  • November 2021
  • 228 pages

The global automotive embedded system market is projected to reach US$ 7,051.11 million by 2028 from US$ 4,483.81 million in 2021; it is expected to grow at a CAGR of 6.7% from 2021 to 2028. By assisting ...

  • World
  • Europe
  • Automotive
  • Industry analysis
  • Vehicle Production
  • Car Sales

ref:plp2021

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on