Vehicle Control Unit Market 2019 Global Analysis, Trends, Forecast up to 2026

Vehicle Control Unit Market Insights:

The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including propulsion type, capacity, vehicle type, application, and regions.

Leading Players in the Vehicle Control Unit Market:

The Vehicle Control Unit Market is fairly fragmented, and a number of global and regional players operating in the market are:

  • Continental AG
  • Robert Bosch GmbH
  • Texas Instruments
  • Mitsubishi Electric Corporation
  • Autoliv Inc.
  • DELPHI Technologies
  • Altera (Intel Corporation)
  • Denso Corporation
  • Atmel Corporation.
  • Stmicroelectronics

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Vehicle Control Unit Market drivers:

The major factors propelling the growth of the vehicle control unit market include strong demand for electric and hybrid vehicles, along with technological advancement in electronics powertrain solutions, ADAS, etc. Moreover, rising additional functionalities in electronic vehicles to control electronic components such as the dashboard instrument, engine, etc., are supporting the market growth in the upcoming years. Furthermore, rigorous government and regulatory policies to install safety systems in electric vehicles to boost road safety will further create various growth opportunities for the market. For example, in Feb 2018, STMicroelectronics introduced a chip that can tackle properties like 360-degree detection, night vision, etc., for driverless auto.

Based on the region, the Asia Pacific is projected to grow at a higher CAGR during the forecast period due to the large electric vehicle sales volume in the region. Moreover, it is considered as the large EV sales volume, and rapid technological advancements in the battery management systems, body control, automotive features, infotainment functions, and innovative charging solutions are certain factors propelling the market growth. Furthermore, China is anticipated to dominate the market during the forecast period in this region.

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Vehicle Control Unit Market Segmentation:

According to the report published by GMI Research, titled “Vehicle Control Unit Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Propulsion Type:

  • BEV
  • PHEV

By Capacity:

  • 16-bit
  • 32-bit
  • 64-bit

By Vehicle Type:

  • Passenger Vehicle
  • Commercial Vehicle

By Application:

  • ADAS & Safety
  • Body Electronics
  • Infotainment
  • Powertrain
  • Others

By Region:

  • North America
    • United States of America
    • Canada

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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