How big is the Automotive Electronic Control Unit Market?

The Automotive Electronic Control Unit Market size is expected to reach USD 156.90 billion in 2024 and grow at a CAGR of 5.73% to reach USD 207.30 billion by 2029. Read More

What is the current Automotive Electronic Control Unit Market size?

In 2024, the Automotive Electronic Control Unit Market size is expected to reach USD 156.90 billion. Read More

Who are the key players in Automotive Electronic Control Unit Market?

Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, DENSO Corporation, Mitsubishi Motors Corporation and Magneti Marelli S.p.A. are the major companies operating in the Automotive Electronic Control Unit Market. Read More

Which is the fastest growing region in Automotive Electronic Control Unit Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Electronic Control Unit Market?

In 2024, the Asia-Pacific accounts for the largest market share in Automotive Electronic Control Unit Market. Read More

What years does this Automotive Electronic Control Unit Market cover, and what was the market size in 2023?

In 2023, the Automotive Electronic Control Unit Market size was estimated at USD 148.40 billion. The report covers the Automotive Electronic Control Unit Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Electronic Control Unit Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Electronic Control Unit Market Share

Statistics for the 2023 & 2024 Automotive Electronic Control Unit market share, created by Mordor Intelligence™ Industry Reports. Automotive Electronic Control Unit share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Automotive Electronic Control Unit Industry

The automotive electronic control unit market is dominated by players such as Lear Corporation, Robert Bosch GmbH, Nidec Corporation, Continental AG, and Delphi Technologies, among others. Companies worldwide are adopting various innovative technologies and investing in R&D projects. Moreover, manufacturers are expanding their networks by developing dealership and distribution networks globally to gain profits and strengthen their industry presence. For instance,

In October 2021, Motherson extended its cooperation with Marelli Automotive Lighting (Marelli) for a new tool room in India. This will be the first of its kind tool room in India dedicated to specific lighting applications. The toolroom will be an extension of the existing joint venture company Marelli Motherson Automotive Lighting India Private Limited. The 50/50 JV was established in 2008 to address the Indian exterior lighting market, and now it has four plants in India.

In March 2020, Robert Bosch GmBH and Nikola Motor Company formed a partnership to develop a fuel cell truck with a capacity of 40 ton. The key element of the advanced truck system is the Bosch vehicle control unit, which provides higher computing power for advanced functions while reducing the number of independent units. The VCU supports future innovations by providing a scalable platform for the complex e/e architecture, which is essential to support the advanced features of Nikola's trucks.

In October 2021, ZF announced that one million units of its active rear-axle steering system AKC (Active Kinematics Control) had been produced since its launch in 2013. AKC enables agility, safety, and comfort in numerous driving situations.

Owing to the abovementioned instances and developments, players in the automotive electronic control unit market are anticipated to focus on capturing the majority of the market share and are likely to expand their geographical presence during the forecast period.