The automotive sector is one of the booming sectors currently and is expected to witness significant growth during the forecast period. The automotive sector at present is more inclined towards customer safety and comfort, as well as improved performance. In addition, emission norms passed in various regions is fueling the usage of microprocessors in the automotive sector.
Automotive electronics control unit (ECU) is one of the most important microprocessor units used in the car manufacturing process. The ECU manages and controls multiple electrical systems in the vehicle. It utilizes a closed loop control, which controls the input parameters by monitoring the output. This control unit manages fuel economy, temperature of coolant and oxygen content in the exhaust stream among others. The primary focus of the electronic control unit is to manage emission as well as fuel consumption without hampering vehicle performance.
Powertrain control module, transmission control module, central timing module and body control module among others, are major types of electronic control units used in automobiles. In addition, based on product type, the market can be sub-divided into entertainment systems, communication systems, security and safety systems, and power-train electronics among others. Increasing demand for luxury cars in developing countries is one of the major factors fueling demand for automotive electronics control units.
Need for compliance with various emission norms, changing customer demands along with safety and security are boosting the demand for electronic control units. Apart from this, the demand for utility vehicles and passenger vehicles is expected to experience exponential growth owing to higher amount of disposable income in developing regions fueling the demand for electronics control units. Moreover, growing demand for automotive embedded systems is also expected to drive the automotive electronic control unit management market globally.
Major market participants profiled in this report include Continental AG, Denso Corporation, Robert Bosch, General Motors company, Delphi Automotive Plc, Hyundai Mobis Co. Ltd., Lear Corporation and among others.