Automobiles are equipped with an automotive electronic control unit (ECU) to control electronic systems and subsystems. It regulates coolant temperature, engine speed, and exhaust oxygen content. Automotive ECUs have become incredibly popular worldwide since they assist in managing the functionality of automobiles by employing actuators and gathering data from their sensors or those of other ECUs.
The market for automotive electronic control unit in 2021 was worth USD 92.91 billion, and by 2030 it will be worth USD 151 billion, growing at a 5.6% CAGR during the forecast period.
The automotive ECU market is primarily driven by the expanding global automotive industry and increased demand for passenger and commercial vehicles. The adoption of automotive ECU has been hastened by the rising electrification and modernization of cars and the growing demand for electric vehicles. The use of automotive ECU is boosted by the establishment of strict government safety standards and the integration of cutting-edge safety systems for better comfort and convenience.
- The market for the electronic control unit management system is driven by consumer demand for safety and security in automotive applications. ECUs are also utilized in airbag systems.
- Due to the rising disposable income levels in developing nations, the demand for electronic control units and passenger vehicles will rise.
- The rising need for embedded automotive systems. Informational systems, engine management, and safety are just a few embedded systems applications. This is driving global demand for automotive electronic control unit management.
Failure of the electronic control unit in an automobile might have an adverse effect on the engine’s internal and exterior settings, which would reduce the vehicle’s performance. Automotive vehicle issues like fuel inefficiency, volatility in slip ratio, and power loss are caused by this ECU failure issue. Numerous connected gadgets also malfunction due to the intricate programming of car components.
The automotive ECU market has growth prospects due to the increased worldwide auto manufacturing required to meet the demands of the growing population. The acknowledgment of smart connections and measures to produce automobiles more sustainably in the worldwide automobile production market are driving up demand for electric control units. New-generation automobiles have also been influenced by various governments’ positive measures to manage traffic and guarantee driver safety. Due to benefits like greater safety, efficiency, and reduced energy consumption, driverless & semi-autonomous vehicles are becoming more popular. This is motivating companies to develop ever-more complex electronic Control units.
In 2022, the powertrain segment was the market leader, with a revenue share of 21%. The powertrain electronic control unit controls the vehicle’s warning lights, fuel injection, valve timing, and spark timing in order to enhance engine performance. The lightweight, compact design and ease of installation of the powertrain electric control components, in addition to their other advantages, encourage their use in automobiles and contribute to their high segment share.
The ADAS & safety system segment will grow at the fastest rate of 6.5%. The segment’s growth is driven by rising consumer awareness of the importance of driver and passenger safety and falling pricing for in-car electronic safety systems.
By Propulsion Type
The internal combustion engine segment ruled the entire market in 2022 with the largest revenue share of 72%. This is due to a rise in car production in emerging markets like China and India. To convert light commercial vehicles with internal combustion engines to electric drivetrains while improving OEM quality and requirements, such as safety, longevity, and type approval, Stellantis NV collaborated with Qinomic, a manufacturing company, in December 2022.
By level of Autonomous Driving
Autonomous vehicles significantly ruled the entire market in 2021 with USD 20 billion in revenue and will reach USD 85 billion by 2030. Singapore received a score of 25.45 on a metric assessing its level of readiness for autonomous vehicles by 2020.
By Vehicle Type
The passenger automobile category ruled the entire market due to the high number of passenger cars on the road. The market for electric vehicles will expand exponentially throughout the projection period. Additionally, the growing desire for sophisticated, safe, and comfortable driving experiences in upcoming cars and the expanding use of electric vehicles globally all contribute to the market expansion.
In 2022, Asia Pacific held the largest market position, with 49% of the revenue share due to the rising demand for passenger-car entertainment and communication apps. There are many prospects to integrate ECU into the new car since the automotive sector is quickly growing in nations like South Korea, India, and China. Additionally, the growing demand for personal automobiles is stimulating the manufacture of cars and opening up new prospects for expanding the automotive electronic control unit market in this region.
- Hella KGaA Hueck & Co.
- Robert Bosch GmbH
- Panasonic Corporation
- Hyundai Mobis Co. Ltd.
- Magneti Marelli S.p.A
- Mitsubishi Electric
The market for automotive electronic control unit in 2021 was worth USD 92.91 billion. And by 2030 it will be worth USD 151 billion, growing at a 5.6% CAGR during the forecast period. The automotive ECU market is growing due to consumer adoption of cutting-edge safety systems. And aided driving capabilities, including features like blind spot detection and automatic emergency braking at lower costs.
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