Global Automotive Engine Management System Market, By Communication Technology (Controller Area Network, Local Interconnect Network, Flexray), Engine Type (Gasoline Engine Management System, Diesel Engine Management System), Component (Engine Control Unit (ECU), Engine Sensors, Fuel Pump, Others), Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Automotive Engine Management System Market Analysis and Insights
Automotive engine management system market size is valued at USD 57,610.26 million by 2028 and is expected to grow at a compound annual growth rate of 1.70% over the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive engine management system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Engine management system is one of the vital parts of a vehicle that is accountable for controlling the amount of fuel being injected and for adjusting the ignition timing. Furthermore, the engine management system is an electronic control unit which receives signals from various sensors, and makes calculations and sends output signals to perform various functions and operations within and around the engine.
The automotive engine management system market has a huge potential to grow over the forecast period of 2021 to 2028, owing to the strict emission and fuel economy standards. In addition, the improved vehicle performance and rapid increase in the sales of new vehicles are also largely influencing the growth of the automotive engine management system market. Also the high per capita income as well as the booming automotive industry associated with increasing registration of new car is another driver flourishing the automotive engine management system market growth. Additionally, the increasing involvement of new market players has augmented the willingness of established players to offer relatively affordable prices for quality products and are projected to witness significant growth in the above mentioned forecast period.
However, the market of automotive engine management system though has certain limitations which can obstruct the potential growth of the market such as the decreasing diesel passenger car sales as well as high cost, whereas the design and expansion of a system that complies with increasingly tougher emission standards as well as fault in components have the potential to challenge the growth of the automotive engine management system market in the above mentioned forecast period.
In addition, the high growth of the automobile industry and the replacement of ECUs due to increasing average life of vehicles along with various benefits to related markets will further offer various growth opportunities for the automotive engine management system market in the forecast period of 2021 to 2028.
This automotive engine management system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive engine management system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Engine Management System Market Scope and Market Size
Automotive engine management system market is segmented on the basis of communication technology, engine type, component and vehicle type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on communication technology, the automotive engine management system market is segmented into controller area network, local interconnect network and flexray. Controller area network has further been segmented into CAN physical layers, CAN terminology and CAN database files. CAN physical layers have further been sub-segmented into high-speed/FD, low-speed/fault-tolerant CAN hardware, single-wire CAN hardware and software-selectable CAN hardware.
- On the basis of engine type, the automotive engine management system market is segmented into gasoline engine management system and diesel engine management system.
- Automotive engine management system market is segmented on the basis of component into engine control unit (ECU), engine sensors, fuel pump and others. Engine sensors has further been segmented into oxygen sensor, temperature sensor, position sensor, knock sensor and others.
- Based on vehicle type, the automotive engine management system market is segmented into passenger cars, light commercial vehicle and heavy commercial vehicle.
Automotive Engine Management System Market Country Level Analysis
Automotive engine management system market is analyzed and market size, volume information is provided by country, communication technology, engine type, component and vehicle type as referenced above.
The countries covered in the automotive engine management system market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the automotive engine management system market because of the increasing trend of automotive customization in this particular region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the increasing vehicle production, rising sales of passenger cars and strict emissions norms in the region.
The country section of the automotive engine management system market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive engine management system Market Share Analysis
Automotive engine management system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive engine management system market.
The major players covered in the automotive engine management system market report are Robert Bosch GmbH, Continental AG, DENSO CORPORATION, BorgWarner Inc., HELLA GmbH & Co. KGaA, Hitachi Automotive Systems Americas, Inc., Valeo, Infineon Technologies AG, NGK SPARK PLUG CO., LTD., SANKEN ELECTRIC CO., LTD., DURA AUTOMOTIVE SYSTEMS, MBE Systems, Sensata Technologies, Inc., Mercedes-Benz India Pvt. Ltd., CTS Corporation, JTEKT Corporation, Mobiletron Electronics Co., Ltd., TE Connectivity, NXP Semiconductors, and ZF Friedrichshafen AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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