Automotive Engine Management System Market Industry analysis done By Engine Type (Gasoline and Diesel), Component (Engine Control Unit (ECU), Engine Sensors, Fuel Pump and Others), Vehicle Type (Passenger Vehicles and Commercial Vehicles) and Region.
Global Automotive Engine Management System Market Highlights:
The global automotive engine management system market is very dynamic and is expected to witness significant growth over the forecast period. Automotive engine management system is one of the most crucial vehicle parts that has been gaining a lot of attention, among major vehicle manufacturers. Automotive industry has become one of the major revenue generators and has come up with several technological advancements in the last few years. Automotive engine management system is one of them. The global automotive engine management system market has seen remarkable growth in the global market and it has been observed that, its demand in the future is expected to grow with the CAGR of 7.84%.
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Automotive Engine Management System Market Key Companies Studied in this report are: Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive (UK), Hella KgaA Hueck (Germany), Robert Bosch (Germany), Hitachi Automotive Systems (Japan), Sensata Technologies (Netherlands), NGK Spark Plug (Japan), Infineon Technology (Germany) and MBE Systems (UK).
The global automotive engine management systems market is expected to witness remarkable growth in the coming years. The factors that influence the demand for automotive engine management systems are booming automotive industry coupled with increasing registration of new cars, expansion of global players into emerging nations and stringent government regulation on reducing vehicle emission. The automotive engine management system market is completely dependent on the automobile industry. Thus, the increase or decrease in demand of the automotive industry directly has an impact on the market. Over the last couple of years, the sales of new vehicles have continuously been increasing. As a result, the demand for automotive engine management system has also increased.
The increase in the sales of new vehicles has mainly been because of competitive and diverse options available for finance. The availability of finance has eased the purchase of vehicles, due to which there has been a rise in the use of engine management systems. Another factor responsible for the increase in vehicle sales, is the macroeconomic development and the rise in the global middle class consumers. According to OICA, the sales of new vehicles have been increased from 2013 to 2016. In 2013, the number of vehicles sold were 85.6 million while in 2016 it was 9.38 million.
Market Segments Analysis:
The global automotive engine management system market segments has been divided into engine type, component, vehicles type and region.
On the basis of engine type, the market is segmented into gasoline engine and diesel engine. Gasoline engine is expected to dominate the global market by type in 2016 in terms of market revenue.
On the basis of components, the market has been segmented as engine control unit (ECU), engine sensors, fuel pump and others.
On the basis of vehicle type, the market has been segmented into passenger vehicles and commercial vehicles. Among these, passenger vehicles has accounted the highest market share in 2016 in terms of revenue.
By Region the global automotive engine management system market, by region, has been segmented as North America, Europe, Asia-Pacific and Rest of the World. Over the last couple of years, the automotive industry has experienced a booming phase in the global market as several new technologies are coming into the market. Geographically, Asia-Pacific region has registered as the fastest growing region, but European region has dominated the global market in terms of revenue followed by Asia-Pacific.
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The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
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