USD 65.8 billion
Automotive Engine Management System Market Size, Share, Growth Analysis, By Engine Type(Gasoline Engine, Diesel Engine), By Component Type (Electronic Control Unit (ECU), Sensors, Actuators, Others), By Vehicle Type(Passenger Vehicles, Commercial Vehicles), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2293 |
Region:
Global |
Published Date: April, 2024
Pages:
221
|Tables:
89
|Figures:
76
Automotive Engine Management System Market Insights
Global Automotive Engine Management System Market size was valued at USD 65.8 billion in 2022 and is poised to grow from USD 67.84 billion in 2023 to USD 86.61 billion by 2031, growing at a CAGR of 3.1% in the forecast period (2024-2031).
The global automotive engine management system market is experiencing outstanding trends and shifts. The growing call for gasoline efficiency and decreased emissions is riding the adoption of advanced engine management structures. Integration of digital manipulate devices (ECUs), sensors, and actuators complements engine overall performance and performance. Growing patron possibilities for related motors make contributions to the upward thrust of engine control structures with superior connectivity functions.
Stringent emission guidelines are propelling investments in studies and development, fostering improvements in engine control technologies. Additionally, the market is witnessing a surge in electric and hybrid vehicles, influencing the improvement of engine control systems tailor-made for alternative powertrains.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Gasoline Engine
Fastest Growth
Hybrid and Electric Powered Cars
Growth Rate
3.1% CAGR
Global Automotive Engine Management Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Automotive Engine Management System Market Segmental Analysis
The global automotive engine management system market is segmented into four major segments i.e. by engine type, component type, vehicle type, and region. Based on engine type, it is divided into gasoline engine, diesel engine, and hybrid and electric powered cars. Based on component type, it is bifurcated as electronic control unit (ECU), sensors, actuators, others. Based on vehicle type, it is segregated into, passenger vehicles, commercial vehicles. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Analysis by Engine Type
Gasoline engines are likely to maintain dominating the marketplace, broadly speaking due to their extensive use in passenger cars. Gasoline engines are desired for the smoother operation, decrease initial costs, and compatibility with traditional infrastructure. The majority of worldwide passenger car income are fuel-powered, contributing to the dominance of gasoline engine management structures.
Hybrid and electric powered cars is the quickest-developing segment. The automotive enterprise is experiencing a shift in the direction of electrification pushed by environmental worries and government rules. Hybrid and electric vehicles require state-of-the-art engine control structures to optimize overall performance, battery management, and electricity performance. As purchaser interest and investments in electric and hybrid technologies rise, the call for engine control structures tailor-made for those propulsion structures is expected to develop hastily.
Analysis by Component
ECUs segment dominated the market, controlling various aspects which includes gasoline injection, ignition timing, and emission manipulate. With the growing complexity of engine systems and the want for precise control, ECUs play a critical role, contributing to their dominance inside the marketplace.
The sensors and actuators segment is expected to grow at fastest the CAGR. As engine control structures evolve to meet stringent emission requirements and decorate gas performance, there is a developing need for superior sensors to monitor numerous parameters consisting of temperature, stress, and air-gas ratios. Actuators, accountable for adjusting components like throttle and gas injectors, are important for real-time modifications to optimize engine overall performance. The demand for these additives is predicted to rise with the increasing complexity and class of engine control structures.
Global Automotive Engine Management Market By Engine Type
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Automotive Engine Management System Market Regional Insights
The Asia-Pacific region is poised to dominate the global automotive engine management system market. This dominance is driven by using the robust car industry in countries like China and India, in which growing car manufacturing and growing patron call for contribute notably to the market. Moreover, the region’s focus on technological improvements, financial growth, and growing disposable incomes align with the increasing adoption of superior engine management systems.
North America is predicted to be the fastest-developing region in the automobile engine control system marketplace. Factors contributing to this increase consist of the location's emphasis on environmental regulations, pushing the adoption of state-of-the-art engine management systems for emission control. Additionally, the growing demand for hybrid and electric vehicles, coupled with improvements in engine technology, positions North America at the vanguard of fast market enlargement.
Global Automotive Engine Management Market By Region
- Largest
- Fastest
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Automotive Engine Management System Market Dynamics
Drivers
Increasing Stringent Environmental Regulations Worldwide
- The stringent environmental rules worldwide, geared toward reducing emissions, drive the demand for engine control structures. These structures play a pivotal function in optimizing fuel performance and minimizing pollutants.
Increasing Chronic Evolution of Automobile Era
- The chronic evolution of automobile era, such as the integration of electronic control devices (ECUs) and superior sensors, fosters the improvement of more efficient and responsive engine control solutions.
Restraints
High Upfront Cost Associated with Implementing Advanced Engine Management Technologies
- One of the main marketplace restraints that is the excessive prematurely value related to imposing superior engine management technologies. The integration of state-of-the-art digital manipulate devices (ECUs) and sensors requires enormous investments, doubtlessly deterring rate-touchy clients and producers.
High Interoperability Challenges with Existing Automobile Architectures
- The interoperability challenges with existing automobile architectures pose a restraint, as seamless integration with older fashions may be complex. High-level operational challenges compatible with existing vehicle systems Compatibility issues with existing features refer to challenges encountered in driving new technologies or new features. Many cars still use legacy design and construction from years ago. These systems may not have the interfaces or protocols needed to seamlessly integrate new advanced technologies. Compatibility issues can arise when trying to integrate modern features into older systems. The automotive industry has a variety of stakeholders, including automakers, suppliers and other contractors. Each may use proprietary standards, protocols, or technologies, creating collaboration challenges when trying to integrate resources from different sources.
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Automotive Engine Management System Market Competitive Landscape
The aggressive surrounding of the Automotive Engine Management System market is dynamic and is characterised via the presence of each hooked up players and emerging entrants striving to carve out a giant marketplace proportion. The agencies leverage their large revel in and technological prowess to offer comprehensive engine control solutions. Additionally, partnerships and collaborations between unique gadget producers (OEMs) and engine management gadget companies contribute to the aggressive dynamics.
Top Player’s Company Profiles
- Bosch
- Continental AG
- Delphi Technologies
- Denso Corporation
- Hitachi Automotive Systems
- Infineon Technologies
- Aptiv PLC
- Hella GmbH & Co. KGaA
- Magneti Marelli (now Calsonic Kansei)
- Valeo S.A.
- Mitsubishi Electric Corporation
- Robert Bosch GmbH
- Keihin Corporation
- NGK Spark Plug Co., Ltd.
- Woodward, Inc.
- Siemens AG
- BorgWarner Inc.
- Ricardo PLC
- EControls LLC
- Sensata Technologies
Recent Developments
- In July 2023, DENSO Corporation officially declared the initiation of negotiations for the transfer of specific internal combustion engine components operations to Niterra Co., Ltd. This memorandum of understanding ("MOU") was agreed upon with the aid of both events
- In October 2023, Unveiling a chief innovation at the vanguard of sustainable transportation, Marelli offered its first hydrogen fuel machine on the CTI Symposium 2023 in Berlin, Germany. This prestigious occasion, held from December five-6, brings together key gamers within the European automobile enterprise to explore the destiny of eco-friendly powertrains for passenger motors and commercial motors.
- In November 2023, Bosch debuted its Vehicle Dynamics Control 2.0 at IAA Mobility 2023. This progressive software promises better managing and safety for vehicles. By intelligently coordinating the braking device, electric powertrain, and electric guidance, the system can reduce the need for corrective steering (counter-steering) and shorten braking distances.
Automotive Engine Management System Key Market Trends
- Rising Integration of Advanced Electronic Control Units (ECUS): The increasing integration of advanced electronic manage devices (ECUs) to enhance engine performance and performance. The market is also experiencing a shift in the direction of electrification, with a growing cognizance on engine management structures tailored for hybrid and electric powered motors. Connectivity features are at the upward push, reflecting customer preferences for smart and connected cars. Furthermore, advancements in sensor technology are riding innovations in actual time tracking and adaptive manage, contributing to advanced gasoline efficiency and decreased emissions.
Automotive Engine Management System Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global automotive engine management system market is pushed through stringent emission requirements, gas efficiency needs, and technological advancements like advanced digital manipulate devices (ECUs). However, high implementation prices and interoperability challenges act as restraints. Key product kinds, such as ECUs, sensors, and actuators, witness developing call for optimized engine performance. Regionally, Asia-Pacific dominates because of robust automotive growth. Key traits include extended electrification focus, connectivity capabilities, and sensor improvements, reflecting a shift towards sustainable and technologically superior car solutions.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 65.8 billion |
| Market size value in 2031 | USD 86.61 billion |
| Growth Rate | 3.1% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Engine Management System Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Engine Management System Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Engine Management System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Engine Management System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Engine Management System Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Engine Management System Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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