Automotive Electronics Control Unit Market in North America Analysis and Forecasts to 2024 Show Consistent Growth
Category: #reports  By Madhuri Pawar  Date: 2019-02-22
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Automotive Electronics Control Unit Market in North America Analysis and Forecasts to 2024 Show Consistent Growth

As per the latest report by Graphical Research titled “North America Automotive Electronic Control Unit (ECU) Market estimated to reach USD 10 billion by 2024. Growing government concerns and regulations for developing vehicles with integrated safety & security features are driving the North America automotive ECU market growth. These rules are adapted to control the increasing road fatalities and accidents across the region. Automotive manufacturers and suppliers need to develop electronic systems and control units that comply with the safety standards, further ensuring vehicle and passenger safety. For instance, the U.S. Federal Motor Carrier Safety Administration issued the ELT mandate that specifies the installation of electronic logging devices in trucks by all manufacturers for checking the road accident frequency.

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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.

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.

Key players operating in the North America automotive ECU market comprise 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. These companies focus on developing application-specific control units that can be implemented in various systems such as powertrain, infotainment, driving assistance solutions, etc. The key companies have developed manufacturing & distribution units across the globe to strengthen their position and cater to local OEMs.

Browse key industry insights from this report @
https://www.graphicalresearch.com/industry-insights/1128/north-america-automotive-electronic-control-unit-market

Segments We Cover:

North America Automotive Electronic Control Unit (ECU) Market, By Capacity
16-bit
32-bit
64-bit

North America Automotive Electronic Control Unit (ECU) Market, By Vehicle-Type
Passenger cars
Utility vehicles
Commercial vehicles

North America Automotive Electronic Control Unit (ECU) Market, By Mode
Autonomous vehicles
Conventional vehicles
Semi-autonomous vehicles

North America Automotive Electronic Control Unit (ECU) Market, By Propulsion Type
BEVs
Hybrid vehicles
ICE vehicles

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North America Automotive Electronic Control Unit (ECU) Market, By Application
ADAS & safety
Body control & comfort
Infotainment & communication
Powertrain

The above information is provided for the following countries:
U.S.
Canada

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About Graphical Research:

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

Madhuri Pawar

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Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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