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The Global Electric Vehicle ECU Market is expected to reach USD 42.74 Billion by 2027, according to a new report by Emergen Research. The increasing demand for electric passenger vehicles, the increased implementation of infotainment systems, and the growing propensity for ADAS and automated protection systems are among the significant factors driving the growth of the electric vehicle ECU market. Besides, a rise in the number of electronic components to perform improved functionalities of dashboard instruments, engine, telematics, and powertrain functions, has contributed to substantial growt
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Electric Vehicle ECU Market Report 2019-2027 www.emergenresearch.com . 2 The growing demand for digitization in electric vehicles is driving the demand for the market.
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Market Summary The Global Electric Vehicle ECU Market is expected to reach USD 42.74 Billion by 2027, according to a new report by Emergen Research. The increasing demand for electric passenger vehicles, the increased implementation of infotainment systems, and the growing propensity for ADAS and automated protection systems are among the significant factors driving the growth of the electric vehicle ECU market. Besides, a rise in the number of electronic components to perform improved functionalities of dashboard instruments, engine, telematics, and powertrain functions, has contributed to substantial growth in the average ECU number used in electric vehicles. Framing of supportive legislation from government and regulatory authorities to enhance road safety is expected to implement a range of safety devices, including adaptive cruise control, adaptive front lighting, and anti-lock braking. The AUTOSAR Alliance has recently been developed to ensure that layer design and layer creation between the ECU hardware and application software can be standardized. The New Car Assessment European Program has been launched to mitigate accident risk by allowing the introduction in their manufacturing process of lane-departure alerts and lock-resistant braking systems in cars. This is to increase scalability and versatility in the integration of hardware and software. www.emergenresearch.com
MarketSummary • Key Highlights From The Report • By capacity, the 32-bit electric vehicle ECU sub-segment contributed to the largest market share in 2019. The 32-bit ECU components are primarily deployed in automotive parts attributed to the accompanying advantages such as the necessity of low power for operation and design simplifications. • By vehicle type, the commercial vehicle segment is likely to grow at a rate of 36.6% in the forecast period, owing to the rising incorporation of electric vehicles in commercial fleets, as well as increasing concern among fleet owners for the safety and security of the vehicle during transit. • By propulsion type, hybrid vehicles held a larger market share in 2019, as they are powered by both fuel and battery. Conversely, the BEVs are projected to witness a faster growth rate in the period 2020-2027. • By application, ADAS & safety systems, in terms of market size, dominated the electric vehicle ECU market in 2019. ADAS is the most demanding application, in terms of processing power, owing to its beneficial features comprising obstacle detection, lane departure warning & change assistance, juncture collision warning, and rollover & rear impact warning, among others for offering protection to the in-car passengers and common public. • Request Free Sample : https://www.emergenresearch.com/request-sample/26 www.emergenresearch.com
Market Summary • Some Key Highlights From the Report • The market in the Asia Pacific region accounted for a revenue of USD 1,600.4 Million in 2019. The market dominance of the APAC region, led by China, is due to massive investments by developing countries in the development and production of electric vehicles, thus driving the market for ECUs. The region is also expected to create substantial opportunities with continuous technological advancements to reduce the ECU count per vehicle. • Key participants include Altera, Atmel Corporation, Continental AG, DELPHI Technologies, Denso Corporation, Autoliv Inc., Dow Corning Corporation, Hitachi Automotive Systems, Ltd., HellaKGaAHueck & Co., and Hyundai Mobis, among others. • Saudi Basic Industries Corporation. • Request Free Sample Copy@https://www.emergenresearch.com/request-sample/26 www.emergenresearch.com
Market Summary • Capacity Outlook (Revenue, USD Billion; 2017-2027) • 16-Bit • 32-Bit • 64-Bit • Vehicle Type Outlook (Revenue, USD Billion; 2017-2027) • Passenger Vehicle • Commercial Vehicle • Propulsion Type Outlook (Revenue, USD Billion; 2017-2027) • Battery Powered • Hybrid • Read More@https://www.emergenresearch.com/industry-report/electric-vehicle-ecu-market
Market Summary • Application Outlook (Revenue, USD Billion; 2017-2027) • ADAS & Safety Systems • Body Electronics • Powertrain • Infotainment • Others • Read more https://www.emergenresearch.com/industry-report/electric-vehicle-ecu-market
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