[197+ Pages Report] As per the latest research and survey report issued by Facts and Factors, the global ECU Market was valued at around USD 70.09 Billion in 2020 and is expected to register revenues worth USD 95.53 Billion by the end of 2026, growing at an exceptional CAGR of approximately 5.48% percent between 2021 and 2026.
The electronic control unit (ECU) is a combination of various regulating units that adjust actuators on the ICE in order to provide minute control over the functionalities such as oxygen content in the ICE, engine speed, and coolant temperature, among others. The ECU system is connected in tandem with the electronic system for computerized and precise examination of the engine components. The ECU in turn monitors and controls signals from a range of signals it receives from various mechanical components such as manifold air pressure sensor, throttle sensor, brake sensor and adjust the functionality to keep systems running at an optimum length.
Collaboration between the automotive industry and OEMs for increased reliability of automobiles in a bid to keep them safe has driven the market growth for the ECU market. During the recent year due to limitations of technological advancements made in the field, every component would have to be wired to a different ECU unit. However, today’s integrated ECU units can perform several functions of multiple ECUs from one unit. Furthermore, reasons pertaining to increased demands from customers for increased safety factors beyond the traditional means, government regulations for reduction of fuel usages, raised adaptabilities of electric vehicles, ease of driving, and lower maintenance cost is pivotal in driving the growth of the ECU market in the sector.
Additional technological advancements in similar fields such as the ability of cell phone devices to connect with your vehicle to provide real-time data push the market in a positive manner. An increased concern for advanced driving assisting features also increased the footprint of the ECU market. Autonomous driving kits often contain a whole batch of interconnect ECUs to make sure hand’s free driving is possible and secure. The rise in the trend of autonomous vehicles along with a widened governmental and local body understanding of the technology will further increase the revenue generated by ECU substantially.
However, frequent counts of control safety features and the high costs associated with the ECU products might dampen the growth of the market to a fair share.
The global ECU market can be segmented on the basis of capacity, vehicle types, applications, propulsion, and regions.
On the basis of capacity, the ECU market can be segmented into 16-bit, 32-bit, and 64-bit. The 32-bit unit has immense application scenarios in engine control systems, automotive power tools, infotainment systems, ADAS, display HUD’s and transmission-based systems to name a few. However, the 64-bit controller is expected to witness the highest growth CAGR during the forecast period owing to expanding performance demands from the consumer and the higher capabilities of the unit. On the basis of vehicle types, the market can be segmented into passenger vehicles, commercial vehicles, and others. The passenger vehicles dominated the market share in terms of revenue and is further expected to grow with the highest rate CAGR across the forecast period. Increasing customer demands for safer and viable options with advanced electronic support and the overall trend of deploying ECU in passenger cars is expected to push the category. On the basis of application, the market can be segmented into ADAS & safety, infotainment and communication, powertrain, body control and systems and others. On the basis of application, the category can be further broken down into ICE, battery-powered and hybrid. The ICE category is expected to retain the highest growth market share due to increased production across emerging economies. However, the electric and hybrid subcategories are expected to witness the highest growth CAGR due to various adoptability options from the world government over electric power.
Report Attribute |
Details |
Market Size in 2020 |
USD 70.09 Billion |
Projected Market Size in 2026 |
USD 95.53 Billion |
CAGR Growth Rate |
5.48% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Continental AG, ZF Friedrichshafen AG, Denso Corporation, Hyundai MOBIS, Johnson Control, Lear Corporation, Robert Bosch GmbH, Magneti Marelli S.p.A., Leopold Kostal GmbH, and OMRON Automotive Electronics Co, among others. |
Key Segment |
By Capacity, Vehicle Type, Application, Propulsion Type, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Asia-Pacific regions are expected to occupy the largest market share in the regional outlook during the forecast period. The explosion in revenue can be accredited to increased uptake of vehicles, a growing population in the region, increased automotive production, widened disposable cash, and so on. Furthermore, the region has witnessed a boom in the ECU industry which further propels the growth of the market in the region with India and China being touted at the forefront of production and supply.
North America is expected to retain a huge market share due to increasing number of consumer options for luxury vehicles in the region. Moreover, the government’s push for decreased carbon emissions and strict policies regarding emission from the automotive sector drives the growth of the market. The growing acceptance for a connected car system can also mark as a factor in the regional market growth.
Some main participants in the global ECU market are :
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