The global automotive electronic control unit market size was USD 94.8 Bn in 2021 and is likely to reach USD 156.2 Bn by 2030, at a CAGR of 5.9% during 2022-2030. The market growth is attributed to the rapid expansion of the automotive sector due to the growing demand for luxurious vehicles.
An Electronic Control Unit (ECU) is a device that is embedded in automotive electronics. It is responsible for controlling the specific functions present in cars or other vehicles. It controls important operations, such as fuel injection and engine cooling. The electronic control units function by collecting data through various sensors installed in vehicles.
Electronic control units installed in the vehicles play a crucial role in the operation of the vehicles, due to the automatic gear system and anti-lock braking system. It offers advanced connectivity, navigation, entertainment, roadside assistance, and hands-free phone calls. It improves the performance and efficiency of the vehicle by providing safety and comfort to the driver and passenger.
COVID-19 Impact on Automotive Electronic Control Unit Market
The market report finds that the COVID-19 Pandemic affected the market. The pandemic hampered the revenue generation of the market due to the sudden disruption in the supply chain of raw materials of electronic components. Preventive measures imposed by the government, such as emergency lockdowns and travel restrictions disrupted import and export activities.
A sharp decline from the end-users as many companies have already announced a possible delay in the delivery of electronic components. Furthermore, a prolonged shutdown of manufacturing units across industries owing to the labor shortage hampered the growth of the market during the COVID-19 pandemic.
Automotive Electronic Control Unit Market Dynamics
The research report presents a complete market overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The automotive electronic controls unit market report has up-to-date insights about market scenarios that can shape the overall market performance and output during the forecast period, 2022 to 2030.
Key Trends
Increasing the use of the Uconnect platform in vehicles is a major trend. Uconnect allows mobile devices to be integrated into daily drive routines. It provides numerous functions, such as advanced connectivity, navigation, entertainment, roadside assistance, and hands-free phone calls. The Uconnect platform allows the lock and unlocks of vehicles through smartphones. Furthermore, theft alarms and stolen vehicle assistance enhanced safety, which accelerate the growth of the market.
Drivers
Rising Automobile Industries at a rapid pace
Rising automobile industries at a rapid pace is a major factor driving the growth of the market. Automotive ECU systems improve the overall efficiency and performance of vehicles by providing comfort to the driver and passenger. Thus, increasing automobile production across the globe demands for vehicle management systems, which drive the growth of the market during the assessment period.
Growing Adoption of Fully Automated Vehicles
Growing adoption of fully automated vehicles is another factor that fuels the growth of the market in the coming years. ECUs installed in the vehicles leave a positive impact on the operation of the vehicles, due to the automatic gear system and anti-lock braking system. It enhanced the safety and comfort system of the vehicles. Rising awareness regarding the benefits of autonomous driving and its advanced safety encouraged consumers to adopt fully automated vehicles. Therefore, increasing demands for the autonomous vehicle due to the ease of operation fuel the market growth.
Restraints
Increasing Complexity of ECUs
Increasing complexity is the major factor restraining the growth of the market during the forecast period. The automotive ECUs are equipped with multiple control units, which increases the complexity of the operation. However, malfunctioning control may cause intermittent faults in the vehicles, which may affect the engine that restrains the growth of the market at a certain limit.
Lack of awareness and High Maintenance Cost
The lack of awareness regarding the proper use of automotive ECUs among the masses, especially in rural areas of developing regions is projected to hinder the market. ECU requires proper knowledge to operate owing to its multiple control units. Furthermore, technical failures may cause fuel efficiency and vehicle performance due to malfunction, which requires a high cost to repair those components. Thus, high maintenance costs hamper the market growth.
Opportunities
Increasing Demand for Electric Vehicles
Increasing demand for electric vehicles creates an immense growth opportunity for the key market players. Government initiatives toward reducing pollution encouraged consumers to adopt electric vehicles. Moreover, rising environmental concerns among the masses and increasing fuel prices encouraged many automotive manufacturers to introduce advanced electric variants of their vehicles, which boosts the market growth during the forecast period.
Technological advancements in the production of ECUs
Rapid expansion of technological development in automobile industries coupled with the growing adoption of luxurious vehicles equipped with ECU creates a lucrative growth opportunity for the market players competing in the market. Market players are focusing on adopting new advanced technologies to eliminate technical errors, maximize performance, and reduce the production costs of automotive ECUs. Furthermore, stringent safety regulations set by the government, such as the compulsion of airbags and seat belts are likely to boost the growth of the market.
Scope of Automotive Electronic Control Unit Market Report
The automotive electronic controls unit market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Automotive Electronic Control Unit Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2021
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Historic Data
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2019-2020
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Forecast Period
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2022–2030
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Segmentation
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Capacity (16-bit, 32-bit, and 64-bit), Propulsion (Battery Powered, Hybrid, and Internal Combustion Engine), Vehicle Type (Passenger Cars, Commercial Vehicles [Light Commercial Vehicles and Heavy Commercial Vehicles], and Electric Vehicle), Application (ADAS & Safety Systems, Body Control & Comfort System, Infotainment & Communication System, and Powertrain System)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Automotive Electronic Control Unit Market Size and Analysis, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Aptiv; Autoliv; Continental AG; DENSO CORPORATION; HYUNDAI MOBIS; Mitsubishi Electric Corporation; NXP Semiconductors; Panasonic Holdings Corporation; HELLA GmbH & Co. KGaA; Robert Bosch GmbH; Lear; Hitachi Astemo, Ltd.; Marelli Holdings Co., Ltd.; Pektron Group Ltd; and ZF Friedrichshafen AG
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Automotive Electronic Control Unit Market Segment Insights
Which Major Factors influence the Substantial Growth of the Capacity Segment?
Based on capacity, the market is divided into 16-bit, 32-bit, and 64-bit. The 32-bit segment held a major share of the market in 2021 and is anticipated to expand at a significant growth rate during the projected period due to low energy consumption. It boosts performance in transmission control and engine control systems. It reduces the complexity due to the less number of control units. Rising demand for energy-efficient electronic devices in vehicles fuels the growth of the market growth.
The 64-bit segment is anticipated to hold a key share of the market in the coming years due to the upgraded operating system. It is widely used in high-technology autonomous vehicle functions. Increasing demand for windshield head-up displays, power seats, and drive mode selector boosts the market growth.
What are Main Aspects for Boosting the Propulsion Segment?
On the basis of propulsion, the global market is segregated into battery powered, hybrid, and internal combustion engine. The battery powered segment is projected to register a considerable CAGR during the forecast period owing to the growing awareness of energy-efficient automobiles. Rising government initiatives towards reducing pollution encouraged consumers to adopt electric vehicles. However, the internal combustion engine segment is expected to expand at a rapid pace due to less fuel consumption and high thermal efficiency.
Why is Commercial Vehicles More Prevalent than the Passenger Cars?
Based on vehicle type, the market is fragmented into passenger cars, commercial vehicles, and electric vehicles. The commercial vehicles segment is further categorized into light commercial vehicles and heavy commercial vehicles. The commercial vehicles segment accounted for the major revenue share in 2021 and is projected to generate more revenue share during the assessment period due to advanced features installed in vehicles.
Light commercial vehicles widely use ECUs for comfort and safety. Growing adoption of luxury vehicles accelerates the growth of the commercial vehicles segment. Moreover, passenger cars to contribute to the segment growth in the coming years owing to rising adoption in rural areas. Growing requirement for up-gradation in passenger vehicles demands for ECUs, which drives the market growth.
What Key Factors Contribute to the Rapid Expansion of the Application Segment?
On the basis of application, the market is segmented into ADAS & safety systems, body control & comfort system, infotainment & communication system, and powertrain system. The powertrain segment holds a large share of the market in 2021 and is expected to grow at a rapid pace. Powertrain electronic control modules are easy to install, which enhances the engine performance by controlling the spark timing. Thus, the rising need for enhanced performance of engines drives the market growth.
The ADAS & safety systems segment is estimated to generate a revenue share of the market in the coming years owing to the rising awareness of safety. However, strict government regulations regarding safety demand for advanced driver-assistance systems and safety systems, such as airbags and seat belts.
Why is Asia Pacific dominating the Automotive Electronic Control Unit Market?
In terms of region, the automotive electronic controls unit market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific accounted for a large revenue share of the market in 2021 and is expected to dominate the market during the projected period. This growth is attributed to the rapid expansion of the automotive industry and rising demand for in-vehicle infotainment & communication applications.
Increasing urbanization at a rapid pace within the region highly demands for passenger cars and electric vehicles. However, growing awareness regarding safety features among consumers demands for various advanced electronic devices in commercial and passenger vehicles, which fuels the regional market growth in the coming years.
North America is expected to expand at a rapid pace in the coming years due to rising demand for luxurious vehicles. Stringent government regulations in the region to reduce the carbon emissions demands for energy-efficient and electric vehicles. Furthermore, the presence of major luxury car manufacturers in the region and increasing research and development activities in the automotive industry boost the market growth during the forecast period.
Segments
The automotive electronic control unit market has been segmented on the basis of
Capacity
Propulsion
- Battery Powered
- Hybrid
- Internal Combustion Engine
Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Electric Vehicle
Application
- ADAS & Safety System
- Body Control & Comfort System
- Infotainment & Communication System
- Powertrain System
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Aptiv
- Autoliv
- Continental AG
- DENSO CORPORATION
- HYUNDAI MOBIS
- Mitsubishi Electric Corporation
- NXP Semiconductors
- Panasonic Holdings Corporation
- HELLA GmbH & Co. KGaA
- Robert Bosch GmbH
- Lear
- Hitachi Astemo, Ltd.
- Marelli Holdings Co., Ltd.
- Pektron Group Ltd
- ZF Friedrichshafen AG
Competitive Landscape
The competitive landscape of the automotive electronic control unit market report provides key insights into the growth strategies and development initiatives implemented by the key players in the market.
Key players competing in the market are Aptiv; Autoliv; Continental AG; DENSO CORPORATION; HYUNDAI MOBIS; Mitsubishi Electric Corporation; NXP Semiconductors; Panasonic Holdings Corporation; HELLA GmbH & Co. KGaA; Robert Bosch GmbH; Lear; Hitachi Astemo, Ltd.; Marelli Holdings Co., Ltd.; Pektron Group Ltd; and ZF Friedrichshafen AG.
Some of these major companies adopted various business development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share. For instance,
- On November 17, 2022, Hyundai Mobis developed the world’s first proximity detection pop-up display that opens a quick menu. It allows users to open a frequently-used menu with just single touch or a gesture when the user’s finger goes near the display. It enhances the safety and convenience of driving.
- On November 15, 2021, Lear Corporation to supply its 4G and 5G telecommunications unit to a global electric vehicle automaker by the end of 2022. It assists in driving and parking functions by providing vehicle positioning solutions and advanced connectivity, which boosts accuracy.
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