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North America Automotive Electronics Control Unit (ECU) Market Size to Cross USD 10 Billion by 2024

Author : Ronak Bora | Published Date : 2020-10-16 

The market study on North America Automotive Electronics Control Unit (ECU) Market offers foolproof analysis on the industry with critical data regarding its foothold in the global industry along with laying emphasis on its applications across myriad end-user sectors.

According to the study, North America Automotive electronics control unit industry registered a revenue share of USD 8 billion in 2017 and is projected to record USD 10 billion by the end of 2024, in terms of revenue, while increasing at an anticipated growth rate of 4% during 2019-2024. Additionally, the study also boasts of vital information on the current market scenario, advancing technologies, expansive competitive landscape, growth prospects, industry tactics, and vivid market segmentations.

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The research report describes the factors that carry the ability potentially drive the growth curve of the overall industry over the foreseeable time period, along with focusing on intricate details of the ongoing trends that the North America Automotive electronics control unit industry is characterized by. The North American Automotive electronics control unit market, as per given report, is bifurcated on basis of capacity, vehicle type, propulsion type, application, regions, and competitive landscape.

North America automotive ECU market is witnessing high growth prospects owing to the increasing disposable income of customer and the high purchasing power for luxury and passenger vehicles. The presence of several leading automakers is also creating industry development opportunities owing to their manufacturing & sales parameters. Additionally, innovations in car designs and architectures account for the integration of efficient infotainment & body electronics systems that comprise several control units, which is further contributing to the North America automotive ECU market. The key developments in vehicular systems include the ADAS, an efficient powertrain, infotainment systems, etc.

The overall North America Automotive electronics control unit market is diversified into various geographies. A complete analysis if the has been enclosed in the report as well. It includes the factors that are currently supporting the growth of regional markets. Additionally, it also consists of details of trending growth opportunities existing in every region, their individual growth rates, technologies being used, stringent regulatory reforms, and much more.

In the North America automotive ECU market, autonomous cars are gaining high popularity owing to increasing investments by automotive manufacturers coupled with the supportive government initiatives. Several companies such as Waymo, Uber, etc. are involved in developing the self-driving vehicle technology by investing heavily in R&D activities. Autonomous vehicle systems include ADAS-specific control units that support the high-capacity and connected technology features in such cars. Additionally, the increasing government support in the U.S. for conducting automated driving vehicle testing activities is a major factor generating high demands for such products in the industry.

Based on the competitive landscape, Automotive electronics control unit market in North America is highly consolidated and includes mention of top-notch companies operating in the market like Bosch Group, Delphi Technologies, Broadcom, Inc., Continental AG, Hyundai Mobis, Infineon Technologies, Hitachi Automotive Systems, Johnson Controls, Inc., Magneti Marelli S.p.A., ZF Friedrichshafen AG, Lear Corporation, etc. The document envelops information on sales spectrum of each of these firms, their strategies to sustain their position in the market, individual company profiles and market share, along with their position in the overall ecosystem.

[TOC Chapters]

Chapter 4.North America Automotive Electronic Control Unit (ECU) Market Size, by Capacity, 2013 – 2024

 

  • 16-bit
  • 32-bit
  • 64-bit

 

Chapter 5.North America Automotive Electronic Control Unit (ECU) Market Size, by Vehicle-Type, 2013 – 2024

 

  • Passenger cars
  • Utility vehicles
  • Commercial vehicles

 

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1128/north-america-automotive-electronic-control-unit-market

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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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