The growing demand for digitization in electric vehicles is driving the demand for the market.

Market Size – USD 2,961.3 Million in 2019, Market Growth - CAGR of 38.5%, Market Trends –Growing demand for electric vehicles to curb CO₂ emission

Framing of supportive legislation from government and regulatory authorities to enhance road safety is expected to implement a range of safety devices, including adaptive cruise control, adaptive front lighting, and anti-lock braking. The AUTOSAR Alliance has recently been developed to ensure that layer design and layer creation between the ECU hardware and application software can be standardized.

The New Car Assessment European Program has been launched to mitigate accident risk by allowing the introduction in their manufacturing process of lane-departure alerts and lock-resistant braking systems in cars. This is to increase scalability and versatility in the integration of hardware and software.

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Key Highlights From The Report

• By capacity, the 32-bit electric vehicle ECU sub-segment contributed to the largest market share in 2019. The 32-bit ECU components are primarily deployed in automotive parts attributed to the accompanying advantages such as the necessity of low power for operation and design simplifications.
• By vehicle type, the commercial vehicle segment is likely to grow at a rate of 36.6% in the forecast period, owing to the rising incorporation of electric vehicles in commercial fleets, as well as increasing concern among fleet owners for the safety and security of the vehicle during transit.
• By propulsion type, hybrid vehicles held a larger market share in 2019, as they are powered by both fuel and battery. Conversely, the BEVs are projected to witness a faster growth rate in the period 2020-2027.
• Key participants include Altera, Atmel Corporation, Continental AG, DELPHI Technologies, Denso Corporation, Autoliv Inc., Dow Corning Corporation, Hitachi Automotive Systems, Ltd., Hella KGaA Hueck & Co., and Hyundai Mobis, among others.

Electric Vehicle ECU Market Segmentation:

Emergen Research has segmented the Global Electric Vehicle ECU Market on the basis of capacity, vehicle type, propulsion type, application, and region:

• Capacity Outlook (Revenue, USD Billion; 2017-2027)
  • 16-Bit
  • 32-Bit
  • 64-Bit
• Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
  • Passenger Vehicle
  • Commercial Vehicle
• Propulsion Type Outlook (Revenue, USD Billion; 2017-2027)
  • Battery Powered
  • Hybrid
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • ADAS & Safety Systems
  • Body Electronics
  • Powertrain
  • Infotainment
  • Others

Regional Analysis of the Electric Vehicle ECU Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Full Coverage of the Report:

• The authors of this report have performed qualitative and quantitative assessments of the global Electric Vehicle ECU industry and further conducted market estimation for the forecast years of 2020-2027.
• The report assesses the global Electric Vehicle ECU market in detail, focusing on the technological advancements, various industry verticals, distribution channels, diverse product types, and the broad application outlook.
• A wide-ranging analysis of the global Electric Vehicle ECU market’s geographical scenario is an integral part of the report.
• In the conclusive section, the report discusses the company profiles of the key market players at length. This section takes a closer look at the financial positions, recent trends and developments, product offerings, and business expansion tactics of the market contenders.

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Electric Vehicle ECU Market Segmentation & Impact Analysis
    4.1. Electric Vehicle ECU Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Paradigm Shift from Mechanical to Electronic systems
                    4.2.2.2. High Demand for Infotainment Systems in Electric Vehicles
                    4.2.2.3. Growing Adoption of ADAS Technology
          4.2.3. Market restraints analysis
                    4.2.3.1. Software issues force OEMs to bear hefty recall costs
                    4.2.3.2. Centralization of Vehicle ECUs Impacting the Volume Demand for Electric Vehicle ECU
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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