Vehicle Control Unit Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Vehicle control unit basically reads sensor signals of HVIL, brakes or charger connection and balance the system energy and also controls the motor. For electric and hybrid vehicles, vehicle control unit acts as a controller. Advancing technology and growing demand for electric and hybrid vehicles are some of the factors driving the growth of the vehicle control unit market all over the world.

MARKET SCOPE

The "Global Vehicle Control Unit Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the vehicle control unit market with detailed market segmentation by technology, voltage type, propulsion type, vehicle type, component and geography. The report provides key statistics on the market status of the leading vehicle control unit market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

•   Based on technology, the global vehicle control unit market is segmented into Transmission Control System, Engine Management System, Antilock Braking System, Climate Control System, Power Steering System and others.
  
•   On the basis of Voltage Type, the market is segmented into 12/24V and 36/48V.
  
•   Based on Propulsion Type, the market is bifurcated into BEV, HEV, PHEV and Internal Combustion Engine (ICE).
  
•   On the basis of Vehicle Type, the market is segmented into Commercial Vehicle and Passenger Car.
  
•   Based on Component, the market is bifurcated into PMIC, Memory, Application Processor and Micro-controller.
  

MARKET DYNAMICS
Drivers:

•   Developing technology in automotive sector.
  
•   Rising urbanization and increasing per capita disposable income to boost market growth of vehicle control unit.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The vehicle control unit market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the vehicle control unit market in these regions.

IMPACT OF COVID-19 ON VEHICLE CONTROL UNIT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Production of vehicles has impacted severely during the last year. Travel bans did not allow people to move from one place to other so freely. This has serious affected the vehicle control unit market.

Vehicle Control Unit Market Report Analysis

Vehicle Control Unit Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Autonomous Solutions, Inc.
• Continental AG
• Embitel
• IET SpA
• Mitsubishi Electric Corporation
• PI INNOVO
• PUES Corporation
• Robert Bosch GmbH
• STMicroelectronics

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Technology

• Transmission Control System
• Engine Management System
• Antilock Braking System
• Climate Control System
• Power Steering System

By Voltage Type

• 12/24V
• 36/48V

By Propulsion Type

• BEV
• HEV
• PHEV
• Internal Combustion Engine

By Vehicle Type

• Commercial Vehicle
• Passenger Car

MARKET PLAYERS

The report covers key developments in the vehicle control unit market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from vehicle control unit market are anticipated to lucrative growth opportunities in the future with the rising demand for vehicle control unit in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the vehicle control unit market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Autonomous Solutions, Inc.
  
•   Continental AG
  
•   Embitel
  
•   IET SpA
  
•   Mitsubishi Electric Corporation
  
•   PI INNOVO
  
•   PUES Corporation
  
•   Robert Bosch GmbH
  
•   STMicroelectronics
  
•   Texas Instruments Inc.
  
  

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Vehicle Control Unit Market Report Scope