COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.
The Automotive Engine Management System Market growth is expected to gain high momentum during the forecast period due to rapid technological advancements in the automotive sectors.
The automotive engine market has seen a boost in the market due to various factors such as the low emission rate and the higher fuel efficiency of the automotive. The consumer’s awareness and inclination towards environmentally-friendly vehicles are also one of the major reasons for the growth of the automotive engine management system.
Segment Analysis:
The growth of automotive engine management system is directly proportional to the growth of the automotive industry. And hence due to the growth of the automotive industry, the automotive engine management system market has also witnessed a rise in their growth. The number of vehicles sold globally in 2015 was 54.9 million whereas in the year 2017 it was 77.1 million. After the Volkswagen Emission Scandal in 2015, the regulatory actions have become very severe, which has also proved to be a major driving factor for the automotive engine management system.
Key Factors Impacting Market Growth:
Regional Analysis:
By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive engine management system market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive engine management system market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive engine management system market in the region.
The Asia Pacific is estimated to be the fastest-growing region for the automotive engine management system market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive engine management system market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.
Companies Covered: Hitachi Automotive Systems Ltd., Robert Bosch GmbH, Sensata Technologies, Denso Corporation, Continental AG, Infineon Technologies AG, Delphi Automotive PLC, and BorgWarner Inc.
Market Segmentation:
By Vehicle Type:
By Engine Type:
By Component:
By Customisation:
By Region:
Reasons To Buy This Report:
Customization:
We provide customization of the study to meet specific requirements:
For more information, contact: [email protected]
Single User (PDF)
3850Multi User (PDF)
5150Enterprise User (PDF)
7650Avail customized purchase options to meet your exact research needs.
Detailed scope covering all the major segments in the market
In line data validations to ensure data precision
Market recommendations supporting decision making processes
Round the clock analyst support to resolve your queries
Up to 15% additional free customization to meet your specific requirements