North America Automotive Electronic Control Unit Market Size, Share & Industry Trends Analysis Report By Vehicle, By Capacity, By Propulsion (Internal Combustion Engine (ICE), Hybrid, and Battery Powered), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Automotive Electronic Control Unit Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
Even though they are all different computers and not just a single unit, these ECUs are sometimes referred to as the car's computer together. There are instances when an assembly contains multiple distinct control modules. Nowadays, some contemporary automobiles contain up to 150 ECUs. Also, ECU embedded software keeps becoming more sophisticated, complex, and line-intensive.
The expansion of high-end features like Automotive Driver-Assisted System (ADAS), ambient lighting, and body electronics offer drivers and passengers a high level of safety and comfort. For instance, the Lexus LS and Mirai both include cutting-edge driving technologies and are produced by DENSO Corporation. The LiDAR, extended electronic control unit, and advanced drive system ECU are examples of modern systems that precisely identify, track, and regulate the position of the vehicle.
In America, there is a critical mass of businesses, engineers, innovators, and entrepreneurs who are all competing and simultaneously advancing innovation that frequently advances automotive industry improvements. Michigan is not only the nation's preeminent location for automotive R&D; it is also the traditional hub for the automotive industry's manufacturing. Nine of the ten top automakers in the world have R&D facilities in the state, which is home to more than 330 automotive R&D businesses.
The US market dominated the North America Automotive Electronic Control Unit Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $26,643.4 million by 2028. The Canada market is poised to grow at a CAGR of 7.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.9% during (2022 - 2028).
Based on Vehicle, the market is segmented into Passenger Cars and Commercial Vehicle. Based on Capacity, the market is segmented into 32-Bit, 16-Bit, and 64-Bit. Based on Propulsion, the market is segmented into Internal Combustion Engine (ICE), Hybrid, and Battery Powered. Based on Application, the market is segmented into Powertrain, Infotainment, ADAS & Safety System, Body Electronics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Panasonic Corporation, Continental AG, Hitachi, Ltd. (Hitachi Astemo, Ltd.), Denso Corporation, HELLA GmbH & Co. KGaA, BorgWarner, Inc., ZF Friedrichshafen AG, and Autoliv Inc.
Scope of the Study
Market Segments Covered in the Report:
- Passenger Cars
- Commercial Vehicle
- Internal Combustion Engine (ICE)
- Battery Powered
- ADAS & Safety System
- Body Electronics
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Panasonic Corporation
- Continental AG
- Hitachi, Ltd. (Hitachi Astemo, Ltd.)
- Denso Corporation
- HELLA GmbH & Co. KGaA
- BorgWarner, Inc.
- ZF Friedrichshafen AG
- Autoliv Inc.
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