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[Market Research Report] Global Market for Automotive Electronic Control Units (ECUs)

Global Automotive Electronic Control Unit Market

The global market size for automotive electronic control units (ECUs) is expected to reach 135.2 billion USD by 2028, with a market growth rate of 5.9% CAGR during the forecast period. Furthermore, forward radar that detects when a vehicle is approaching an obstacle provides input to the automatic emergency braking ECU. Based on that input, the ECU communicates with the actuator to perform an action. More advanced ECUs can also connect with the cloud, other vehicles, and infrastructure using technologies such as V2V and V2X.

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[English Market Research Report] Automotive Electronic Control Unit (ECU) Market

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The global automotive electronic control unit (ECU) market size reached 79.5 billion USD in 2022. Going forward, the IMARC Group forecasts a growth rate of 5.4% (CAGR) from 2023 to 2028, predicting it will reach 110.2 billion USD by 2028. Automotive electronic control units (ECUs) are integrated into vehicles to control electronic systems and subsystems. They also collect inputs from sensors and other ECUs, assisting in the management of vehicle functions relying on actuators. Commonly integrated automotive ECUs include the powertrain control module (PCM), engine control module (ECM), parking aid module, transmission control module (TCM), skid control module, and seatbelt control ECU, among others.

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[Report] World Market for TCU (Telematics Control Unit)

Global Telematics Control Unit (TCU) Market

Due to the COVID-19 pandemic, the global market size for TCU (Telematics Control Unit) is estimated to be 2.93 billion USD in 2021 and is projected to reach a revised size of 6.94 billion USD by 2028, growing at a CAGR of 14.32% during the review period. The North American TCU market is estimated to be 578.4 million USD in 2021, while China is expected to reach 1.8 billion USD by 2028. China's share is projected to reach 18.22% in 2021 and 25.99% by 2028, with a CAGR of 19.38% throughout the analysis period. In Europe, Germany is forecasted to reach 487.32 million USD by 2028. This report analyzes the global TCU (Telematics Control Unit) market, examining market trends by type, application, and region (by country) from 2017 to 2028, as well as profiles of key companies.

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[Report] The Global Market for TCU (Telematics Control Unit)

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The global market size for TCU (Telematics Control Unit) is estimated to be 3.16 billion USD in 2022, impacted by the COVID-19 pandemic and the Russia-Ukraine war, and is projected to reach a revised size of 6.69 billion USD by 2029, growing at a CAGR of 11.57% during the forecast period (2023-2029). This report analyzes the global TCU market, examining market trends by type, application, and region (by country) from 2018 to 2029, as well as profiles of key companies.

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[English Market Research Report] Automotive ECU Market

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According to the latest report from Grand View Research, Inc., the global automotive ECU market size is expected to grow at a CAGR of 5.9% from 2023 to 2030, reaching approximately 156 billion USD by 2030. Sales of hybrid and battery-powered vehicles are increasing due to rising consumer demand for commuting with lower carbon dioxide emissions and reduced air pollution. The demand for electronic control devices such as automotive ECUs in the market is driven by the expanding adoption of autonomous driving, advanced driver assistance systems (ADAS), infotainment, and other chassis electronics in internal combustion engine vehicles (ICE), hybrid vehicles, and battery vehicles. Furthermore, the growing consumer preference for technologically advanced luxury cars is also expected to promote market growth for automotive ECUs during the forecast period.

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