The automotive ECU market for Battery Electric Vehicles (BEVs) segment is estimated to grow at the highest rate during the forecast period. BEVs have many electric components and ECUs in the drivetrain, interior, and body. BEV manufacturers are also adopting advanced technologies to attract more customers.
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The global automotive Electronic Control Unit (ECU) market is estimated to be USD 60.45 billion in 2017 and is projected to reach USD 96.39 billion by 2025, growing at a CAGR of 6.01% from 2017 to 2025.The market growth is primarily driven by the increasing demand for safety and comfort features in a vehicle. Increasing trend of ECU consolidation is considered a restraint for the global automotive ECU market.
Key Target Audience
- Automotive ECU manufacturers
- Automotive cockpit electronics manufacturers
- Automotive powertrain manufacturers
- Automotive safety and comfort system manufacturers
- Industry associations
- Raw material suppliers for automotive ECU manufacturers
- The Automobile Industry as an end-user,
- Traders, distributors, and suppliers of automotive ECUs
The automotive ECU market for battery electric vehicles (BEVs) is estimated to grow at the highest rate during the forecast period.
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Most of the automotive OEMs are incorporating advanced electronic systems such as HUDs, reconfigurable instrument cluster, rear seat entertainment, drive mode selector, advanced telematics, and electric power train in their electric vehicles.
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The automotive ECU market growth in this segment can be attributed to increasing number of government mandates for ADAS features & inclusion of basic safety systems such as ABS, airbags, and TPMS. 64-bit ECU is estimated to be fastest growing segment of automotive ECU market.
Rising demand for advanced electronics like windshield HUDs, camera modules, drive mode selector, RADAR, LiDAR, and advanced telematics that require fast & real-time processing expected to drive 64-bit ECU market.
Automotive ECU Market, By Level of Autonomous Driving
- Autonomous Vehicles
- Conventional Vehicles
- Semi-Autonomous Vehicles
Automotive ECU Market, By Vehicle Type
- Light-Duty Vehicles
- Heavy Commercial Vehicles
- Construction & Mining Equipment
- Agricultural Tractors
Automotive ECU Market, By Region
- Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific)
- Europe (Germany, France, Italy, UK, and Rest of Europe)
- North America (US, Mexico, and Canada)
- Rest of the World (Brazil, Russia, and South Africa)
Asia Pacific is estimated to dominate the ECU market for automotive, by volume as well as value. The growth of this market can be attributed to the increase in production and demand for passenger cars and electric vehicles.
The increasing demand for advanced electronics in vehicles, growing purchasing power of the consumers, and rising consumer awareness for safety features in the developing countries are the key factors driving the automotive ECU market in the Asia Pacific region.
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A key factor restraining the growth of the automotive ECU market is the increasing consumer preference for BYOD (Bring Your Own Device) and the approach of ECU consolidation. Unlike conventional cockpit electronics system, the BYOD technology eliminates the need for embedded display and infotainment systems in the vehicle.
The break-up of the primaries is as follows:
- By Company Type: Tier I–57%, Tier II–29% and OEMs–14%
- By Designation: C Level–36%, D Level–43% and Other –21%
- By Region: Asia Pacific–29%, Europe–36%, North America–19%, RoW–16%
It also indirectly reduces the use of ECUs, which are required to run these technologies. In addition, OEMs are adopting BYOD technology as it is easy to use and helps to cut down the overall cost of the vehicle.
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