Automotive Electric Control Unit Market: Current Analysis and Forecast (2023-2030)

The Automotive Electric Control Unit Market is valued at USD 50 Billion in 2022 & is expected to grow at a CAGR of 7% from 2023-2030. An automotive electronic control unit (ECU) refers to a microcontroller-based system that manages various electrical and electronic functions in modern vehicles. It serves as the brain of the vehicle’s electronic systems, coordinating and controlling the operation of numerous components and subsystems. Furthermore, ECUs are responsible for monitoring and controlling various aspects of a vehicle’s performance, including engine management, transmission control, braking systems, suspension systems, climate control, safety systems, and more. They receive input from numerous sensors placed throughout the vehicle, process the data, and issue commands to the corresponding actuators or components to achieve the desired functionality. The primary factors that are responsible for the growth of the automotive electronic control unit are, increasing vehicle electrification which is being propelled by rising electric vehicle demand, which has led to a substantial increase in the number of ECUs required per vehicle, where Electric powertrain control, battery management, regenerative braking, and other advanced features necessitate the use of multiple ECUs, driving the market growth. Furthermore, there is a growing focus on improving vehicle safety, which has resulted in the integration of advanced driver assistance systems (ADAS) and active safety features. These systems rely on ECUs to process sensor data and make real-time decisions, promoting the adoption of ECUs in vehicles. Moreover, the development and deployment of autonomous driving technologies have significantly boosted the demand for ECUs. Autonomous vehicles require numerous ECUs to control various functions such as perception, decision-making, and actuation, driving the growth of the ECU market. Additionally, consumers now expect advanced connectivity features, infotainment systems, and in-car entertainment options. These systems heavily rely on ECUs to manage functions such as navigation, multimedia, smartphone integration, and wireless connectivity, contributing to the growth of the ECU market. This can also be seen from the recent developments and innovations that are happening in this space. For instance, in October 2022, ACTIA launched an intelligent infotainment system and onboard management system called ACTiVi. This ECU is connected to the display and manages all vehicle functions. The company has announced this launch in response to the massive influx of multimedia systems in passenger transport vehicles.

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Some of the major players operating in the market include DENSO CORPORATION; STMicroelectronics; Lear; NIDEC CORPORATION; Robert Bosch GmbH; Aptiv; Infineon Technologies AG; KOSTAL; Continental AG; and ZF Friedrichshafen AG

Insights Presented in the Report

“Amongst ECU type, the 64-bit ECU segment is anticipated to witness a significant CAGR growth during the forecast period.”

Based on ECU type, the market is segmented into below 16-bit ECU, 32-bit ECU, and 64-bit ECU. The 64-bit ECU is anticipated to show significant growth in CAGR terms. The primary factors that will be driving this growth, are the shift of vehicles from almost no autonomy to some level of autonomy and then further to fully autonomous vehicle. And the computing power that is required to achieve any level of autonomy can only be performed efficiently by the 64-bit ECUs.

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 “Amongst propulsion type, the BEV segment is anticipated to grow at a strong CAGR during the forecasted period.”

Based on propulsion type, the market is segmented into ICE, Hybrid, and BEV. The BEV segment is anticipated to witness significant growth in CAGR terms during the forecasted period. The driving factor for BEV is urbanization where more than 50% of the global population is projected to be living in the cities by the year 2030, where driving distances are much shorter hence making BEV an ideal choice. Moreover, businesses and governments worldwide are aiming at reducing GHG (greenhouse gas) emissions, reducing noise pollution, and increasing efficiency by focusing more on making EVs mainstream where governments are offering tax credits and incentives for those who purchase EVs, making electric vehicles more accessible for the mass adoption, further boosting the demand of the electric vehicles which is also getting reflected in the sales data. For instance, according to the international energy agency(IEA), Consumers spent USD 120 billion on electric car purchases in 2020, a 50% increase from 2019, which breaks down to a 41% increase in sales and a 6% rise in average prices.

Automotive Electronic Control Unit Market Report Coverage

“Asia Pacific dominated the automotive electronic control unit market in 2022.”

The Asia Pacific region holds the majority of the market share and is also poised to witness significant growth in the CAGR terms during the forecasted period. The automotive electric control unit market in the Asia Pacific region is anticipated to witness significant growth throughout the forecast period. Owing to the rising per capita GDP of the countries in the Asia Pacific hence improving the standard of living and increasing money in the hands of people driving the consumption of the countries. Furthermore, the robust demand for electric vehicles in these regions is also one of the major drivers for the heightened demand for ECUs. Though as a percentage of total vehicles sold, electric vehicle percentage is highest in Europe. Still, the number of units sold in China is leading the pack, and has emerged as a top producer and seller of electric vehicles in the world. The Asian countries are projected to produce almost 13 million electric vehicles in the year 2023, whereas, in 2022, china sold roughly 52% of the total EVs produced in the world, which amounts to almost 3.5 million units. In India, the number is currently at one-third of a million units and has shown a robust growth of almost 168% on a y-o-y basis. Furthermore, emerging economies are also one of the largest markets due to their huge population with gradually increasing per capita GDP, and with the rising awareness, governments support, and great offerings from OEMs in terms of price and product is further developing a high growth environment for the electric vehicle segment in the APAC region. For instance, on January 2023, the Indonesian coordinating minister of economic affairs announced an allocation of USD 320 million from this year’s budget for providing subsidies on electric vehicles.

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