Global Autonomous Vehicle ECU Market
Autonomous Vehicle ECU Market is predicted to grow at progressive CAGR by 2023. The electronic control unit (ECU) is the embedded system that controls various automated functions such as engine management, transmission control, body control and infotainment system of a semi-autonomous vehicle and fully operated automated vehicles. Autonomous vehicle ECUs are widely used across various automobile segments such as light commercial vehicles, heavy commercial vehicle, and passenger cars. The demand for automotive safety systems and the growing inclination toward convenient and comfortable systems in vehicles have propelled the growth of the global autonomous vehicle ECU market. Vehicle OEMs are developing different innovative technologies to improve safety in vehicles and automate their functions. The factors that drive the autonomous vehicle ECU market are rising road accidents due to human errors, innovation in the automated vehicle technology, and an increase in sales of vehicles in emerging economies. Furthermore, the market is growing due to an increased number of government mandates for advanced driver-assistance systems (ADAS) features and the inclusion of basic safety systems such as anti-lock braking systems (ABS), airbags. However, the growth of the market is challenged by the cybersecurity issues such as cybersecurity risk and legal challenges in autonomous vehicles. Autonomous Vehicle ECU Market is predicted to grow at progressive CAGR by 2023.
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Scope of the Report
This study provides an overview of the global autonomous vehicle ECU market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global autonomous vehicle ECUs market by its application, vehicle type, and region.
By Application
- Autonomous Vehicles
- Semi-Autonomous Vehicles
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Key Players
The key players in autonomous vehicle ECU market are Continental AG (Germany), Hitachi, Ltd. (Japan), Intel Corporation (U.S.), Nvidia Corporation (U.S.), Renesas Electronics Corporation (Japan), and ZF Friedrichshafen AG (Germany). NXP Semiconductors N.V. (Netherlands), Infineon Technologies AG (Germany), Bosch (Germany), and Autoliv Inc. (Sweden) are among others.
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