Automotive Engine Management Systems Market

Growth opportunities in the automotive engine management systems market look promising over the next six years. This is mainly due to the rising acceptance of automated vehicles, the launch of new technology to enhance fuel-efficiency, and the growing population.

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Automotive Engine Management Systems Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The rising sale of passenger and commercial vehicles along with the accelerating population and the augmenting acquisition of connected automotive vehicles throughout the world are the crucial drivers stimulating the growth of the global automotive engine management system market. In accordance with the International Organization of Motor Vehicle Manufacturers, worldwide sales of passenger and commercial vehicles reached 67.14 Million and 20.23 Million, respectively.

Moreover, various major players are involved in introducing the latest technology-based intelligent systems automotive engine management to improve fuel efficiency and has resulted in enormous market growth. Bosch, in December 2020, decided to extend the subsidiary Bosch Rexroth (Xi'an) Electric Drives and Controls Co., Ltd at Xi'an plant in a second-phase project with an area of 74,000 square m2 with a total investment of approximately USD 76.57Million. The Xi'an plant will be an industrial automation solution and integrated intelligent manufacturing supplier of Bosch Rexroth Group across the world. However, stringent norms and regulations concerned with developing a system to fulfil tougher emission guidelines to sustain the engine systems with the help of advanced technology will obstruct the automotive engine management systems market size.

Vehicles Type Segment Drivers

Based on the vehicles type, passenger car is projected to witness a higher CAGR over the forecast period. This is mainly attributed to the increasing adoption and development of a wide variety of electronic and electrical components, including relays, sensors, actuators, and an electronic control unit for the vehicles.

Components Segment Drivers

Based on the components, sensors are predicted to dominate the market during the forecast period. This is primarily because of the rise in the initiation of advanced technology sensors for decreasing emissions to comply with rigorous governmental norms. For example, Hero, in 2019, established the first BS6 Motorcycle Hero Splendor iSmart with innovative sensors to lessen fuel consumption.

Automotive Engine Management Systems Market’s leading Manufacturers:

· Sensata Technologies

· Ngk Spark Plug

· Infineon technologies

· Continental AG

· Hella Kgaa Hueck & CO.

· BorgWarner

· Sanken

· Denso Corporation

· Robert Bosch GmbH

· Delphi Technologies

Automotive Engine Management Systems Market Segmentation:

Segmentation by Vehicles Type

· Passenger Car

· Light Commercial Vehicles

· Heavy Commercial Vehicle

Segmentation by Engine Type

· Diesel

· Gasoline

Segmentation by Components

· Electronic control units (ECU)

· Sensors

· Fuel Pump

· Communication Bus

· Others

Segmentation by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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