As per a new research report by Maximize Market Research, the global market for automotive electronic controller is expected to exceed US $XX Million by the year 2026, from US $XX Million in 2019.
In spite of a huge decline in the sales of automotive electronic controller during the initial phase of pandemic spread and lockdown restrictions all over the region, the region is observed to pick up a quick pace for registering a CAGR of more than XX%, during the tenure of 2021 – 2026.
The ICE vehicle has major market share XX % in 2019
The internal combustion engine vehicle has dominance over the global automotive electric controller market in 2019. The increasing demand for ICE vehicle is expected to drive the market growth at a CAGR of XX% during the forecast period. The BEVs segment also showing significant growth from past two years and is expected to grow at a CAGR of XX% during 2021-2024.
The report published by Maximize, along with various market dynamics, which could affect the market growth of Automotive Electronic Controller in the region, the Value – Chain analysis, and the PORTER’s analysis for the Automotive Electronic Controller market at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, By Vehicle Type (Light-Duty Vehicles, Heavy Commercial Vehicles, Construction & Mining Equipment, and Agricultural Tractors), By Application (ADAS & Safety System, Body Control & Comfort System, Infotainment & Communication System, and Powertrain System), By ECU Capacity (16-bit ECU, 32-bit ECU, 64-bit ECU), By Propulsion Type (BEVs, Hybrid Vehicles, ICE Vehicles), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country – level analysis for the latest trends, along with the major key players (DENSO Corporation, Continental AG, Delphi Automotive PLC, Panasonic Corporation, Robert Bosch GmbH, Hyundai Mobis Co. Ltd, Magneti Marelli Spa, Hitachi Automotive Systems Ltd, Pektron Group Limited, Lear Corporation, Takata Corporation.) in the Automotive Electronic Controller market, across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Automotive Electronic Controller Market”.
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