Hybrid Vehicle Electronic Control Unit Market to Prosper due to Growing Demand from Industry




Description
A modern luxury car has over 70 ECUs to manage its electrical systems. These modern automobiles have many ECUs owing to the increasing demand for safety features, such as advanced driver assistance systems (ADASs), in automobiles that can be implemented in a cost-effective manner using ECUs. Hybrid vehicles have a significant adoption rate of ECUs for various applications owing to the presence of electric drivetrain and requirement of efficient power management for greater mile range, leading to growth in the hybrid vehicle ECU market.


Technavio's analysts forecast the global hybrid vehicle electronic control unit (ECU) market to grow at a CAGR of 50.99% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global hybrid vehicle electronic control unit (ECU) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• APAC
• Europe
• North America

Technavio's report, Global Hybrid Vehicle Electronic Control Unit (ECU) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Continental
• MAHLE
• DENSO
• Delphi
• ZF

Other prominent vendors
• Autoliv
• FUJITSU TEN
• HuberGroup
• Keihin
• Minda Corporation
• Pektron
• Tata Elxsi


Market driver
• Cost reduction in hybrid vehicles, leading to their increased adoption
• For a full, detailed list, view our report

Market challenge
• High cost-to-weight ratio of HEV
• For a full, detailed list, view our report

Market trend
• Development of hybrid ECU to control the system of HEV
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space

About Us

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake

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