The automotive Electronic Control Unit (ECU) market is projected to grow at a CAGR of 5.77 %, from USD 25.08 billion in 2018 to USD 39.28 billion by 2025 The adoption of fundamental safety features like ABS, anti-lock brakes, tire pressure monitoring systems, and electronic stability programs, as well as the increased need for sophisticated cockpit electronics and sophisticated telematics, are anticipated to propel the automotive ECU market. The rise in popularity of BEVs and PHEVs, which have more electrical components than traditional ICE vehicles, can also be related to the growth.
The 32-bit ECU segment is estimated to be the largest segment in the Automotive ECU Market
According to estimates, the automotive ECU market’s 32-bit ECU segment will account for the majority of sales during the projected period. The market for 32-bit ECUs is anticipated to be driven by the increased need for advanced electronics, such as windshield HUDs, infotainment & navigation units, ADAS systems, drive mode selector, electric powertrain, and enhanced telematics. These functionalities require high calibration and real-time processing.
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ADAS & safety system segment is estimated to be the fastest growing segment in the Automotive ECU
Since most luxury and mid-segment cars come with standard safety features like ABS, anti-lock brakes, e-call, AEB, and TPMS, the ADAS & safety system segment is anticipated to experience the highest growth throughout the projection period. The rise of the ADAS & safety system category in the automotive ECU market is also fueled by strict safety regulations and rising public awareness of the need of driving safely.
Asia Pacific: Largest regional market for Automotive ECU
The automobile ECU market is thought to be the largest in Asia Pacific. About 50% of the world’s autos are produced in the Asia-Pacific area. The region includes both industrialized countries like Japan and South Korea and growing economies like China and India. The main reasons propelling the growth of the automotive ECU market in the Asia Pacific Region are the expanding use of high-tech electronics in automobiles, rising consumer spending power, and rising awareness of safety features.
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Key Market Players
The report covers all the major players in the automotive ECU market, including Robert Bosch (Germany), Continental (Germany), Aptiv (UK), Denso (Japan), Autoliv (Sweden), Mitsubishi Electric (Japan), ZF (Germany), Hitachi (Japan), and Magneti Marelli (Italy).
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