Automotive vehicle ECU Market
With the addition of various new advanced functions to vehicles, the parts responsible for controlling them have multiplied. It creates a complex architecture which requires added efforts to maintain operations. The electronic control unit (ECU) is an embedded system is capable of controlling the automated vehicular functions and enhances vehicle safety. Automotive vehicle ECU Market have gained widespread adoption in recent years, and Market Research Future (MRFR) perceives the global autonomous vehicle ECU market to exhibit steady growth over the forecast period of 2018-2023.
To meet the demands of technologically advanced cars and centralized control structure, automakers have begun to integrate ECUs in vehicles which are aiding the consolidation of the global autonomous vehicle ECU market. Stringent government regulations pertaining to vehicle safety have favored the growth o the global autonomous vehicle ECU market. They assist in lane departure monitoring, collision avoidance with the help of sensors and components. Regulatory bodies in various parts of the world such as Europe have mandated the incorporation of advanced safety features in vehicles to curb road accidents. Increased regulatory mandates have raised the adoption level of ECUs among automobile manufacturers. Furthermore rising adoption of advanced safety systems and driver assistance features such as blind spot detection, and automatic emergency braking is expected to fuel the growth of the market over the forecast period. Vehicle OEMs are showcasing increased affinity towards the development of innovative technologies for the improvement of vehicle performance which is a contributing factor to the growth of the market. Other boosting factors include the rising number of road accidents due to human errors which support the shift towards autonomous vehicles and increased sales of vehicles across the globe. On the contrary, the growth of the market might be restricted by cybersecurity issues such as cyber security risk and legal challenges in autonomous vehicles.
Segmentation
The global autonomous vehicle ECU market has been segmented based on application and vehicle type.
By application, the global autonomous vehicle ECU market has been segmented into autonomous vehicles and semi-autonomous vehicles
By vehicle type, the global autonomous vehicle ECU market has been segmented into passenger car, light commercial vehicle, and heavy commercial vehicle.
Regional Analysis
Geographically, the global autonomous ECU market has been segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (Row).
North America is the largest market for autonomous vehicle ECU. High sales of luxury vehicles and increased demand for advanced automotive safety features drive the market in North America. The availability of advanced technologies related to autonomous vehicle ECU has also supported the growth of the market. In addition, it is estimated the present government regulations pertaining to vehicle safety will become stricter which will further spur the adoption of autonomous vehicle ECU in the region.
Asia Pacific is the second largest market for autonomous vehicle ECU driven by rising sales of premium vehicles purveyed by increased disposable income. China and India are established automotive markets and are the frontrunners in the adoption of advanced automotive technologies which stimulate the growth of the APAC market.
Competitive Landscape
The eminent players in the global autonomous vehicle ECU market include ZF Friedrichshafen AG (Germany), Bosch (Germany), and Autoliv Inc. (Sweden), Hitachi, Ltd. (Japan), NXP Semiconductors N.V. (Netherlands), Nvidia Corporation (U.S.), Continental AG (Germany), Renesas Electronics Corporation (Japan), Intel Corporation (U.S.), and Infineon Technologies AG (Germany).