Automotive Electronic Control Unit Market 2018 Global Industry Outlook To 2023 Research Report

Automotive Electronic Control Unit Market is segmented By Type (Engine Control Unit, Brake Control Module, Engine Management System, Powertrain System, Climate Control System and Others), By Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region - Forecast To 2023.
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The global automotive electronic control unit market has been increasing and the main focus is on emission control and fuel efficiency. Automotive manufacturers have now been focusing more on updating the technology, which would improve fuel efficiency and emission control. The automotive electronic control unit performs an integral function within the engine as well as it enhances its efficiency to enable a smooth run of vehicle. The automotive electronic control unit majorly consists of components such as engine control unit, brake control module, engine management system, powertrain system, and climate control system. These components work very efficiently, transmitting the engine performance to the electronic control unit. The growth of the global automotive electronic control unit market is influenced by factors such as low emission & higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicles emission, technological advancements and emerging economies. A major hindering factor that could prevent the market growth is higher system cost. Furthermore, the growing demand for gasoline engine vehicles and increasing disposable income creates major market opportunities.
Geographically, the global automotive electronic control unit market has been divided as four major regions as North America, Europe, Asia Pacific and Rest of the World. Among these regions, Asia Pacific has dominated the global market due the factors such as strict regulation on vehicle emission, rising disposable income, and growing new vehicle registration. North America is the second leading region in terms of revenue, followed by Europe. Additionally, Asia Pacific has emerged as the fastest growing economy. During the last few years, APAC has sold the highest number of vehicles, where contributions by China, Japan and Indonesia’s, are significant. Moreover, the growing demand for passenger vehicles, has majorly driven the APAC region.
Major Table of Content:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Proces
2.2.1 Primary Research
Continued...
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