Global Automotive Engine Management System Market

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 News

  • 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.
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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 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.  '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'

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.

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.

The Asia-Pacific region is poised to dominate the 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.

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Global Automotive Engine Management System Market

Report ID: SQMIG25A2293

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