Product Code: MRFR/AM/24670-CR
Global Vehicle Control Unit Market Research Report By Vehicle Type (Passenger Vehicle and Commercial Vehicle{ Passenger Vehicle, Commercial Vehicle},Electric Two-Wheeler Type{E-Scooter/Moped, E-Motorcycles} and Off-Highway Electric Vehicle Type{Construction, Mining, Agriculture)), By Propulsion Type (BEV, HEV and PHEV) ,By Voltage Type (12/24V and 36/48V) ,By Capacity (16 bit, 32-bit and 64 bits) ,By Offering Type (Hardware , Software),By Function(Autonomous Driving/ADAS, Predictive Technology ) ,By Communication Type (CAN ,LIN, FlexRay) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Market Forecast till 2032
Overview of the Market
The industry for vehicle control units is expected to expand at a compound annual growth rate (CAGR) of 7.7% from USD 14,413.4 million in 2024 to USD 26, 182.88 million by 2032.
The growing need for advanced driver-assistance systems (ADAS), driverless vehicles, and electric vehicles is anticipated to propel the vehicle control unit (VCU) market's growth in the upcoming years. Since they regulate a number of operations, including engine management, transmission control, and safety systems, VCUs are crucial parts of contemporary automobiles. The need for increasingly complicated VCUs with cutting-edge features and capabilities is increasing because of these systems' increasing complexity. The electrical system of a car is managed and observed by a device called a vehicle control unit (VCU). It oversees synchronizing the batteries, engine, gearbox, and inverter, among other powertrain elements.
Perspectives on Market Segments
The market for vehicle control units is separated into three segments based on vehicle type: off-highway electric vehicles, passenger and commercial vehicles, and electric two-wheelers.
The market is divided into three segments based on the kind of propulsion: BEV, HEV, and PHEV. In 2023, the BEV segment held the biggest market share, accounting for 48.7%.
The market is separated into two segments based on voltage type: 12/24V and 36/48V. The market is separated into 16-, 32-, and 64-bit segments based on capacity.
The Vehicle Control Unit Market is separated into two segments based on the type of offering: software and hardware. The market is separated into two segments based on function: predictive technology and autonomous driving/ADAS. The market is separated into three segments based on the kind of communication: CAN, LIN, and Flexray.
Regional Market Insights
In 2023, Asia-Pacific held the most market share in the vehicle control unit industry. The market for vehicle control units (VCUs) is anticipated to develop at the quickest rate in the Asia Pacific region for several reasons. Stricter government rules are one of the contributing elements. The governments of many Asia-Pacific nations, including China, Japan, South Korea, and India, have put in place robust policies to encourage the use of EVs. The demand for VCUs in this area has increased because of these regulations, which include tax breaks, rebates, subsidies, and incentives for manufacturers to invest in EV technology.
The market for vehicle control units is anticipated to increase in North America due to the growing use of safety features in entry-level cars. The region's electric vehicle ECU market is expected to grow because of more electronic systems being installed in SUVs, light commercial vehicles, and passenger automobiles.
Vehicle control units, which oversee the complex electrical systems of electric vehicles, are in great demand due to the growing demand for these vehicles in Europe. These mostly depend on complex electronic systems that need a central control unit, such as a VCU, to manage and optimize several tasks, such as powertrain management and battery health monitoring.
Key Players
Continental AG, Robert Bosch GmbH, Texas Instruments Incorporated, Mitsubishi Electric Corporation, STMicroelectronics, Autonomous Solutions, Dana Incorporated, Embitel, Rimac Automobile, and Pues Corporation are the leading companies in the vehicle control unit market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 OVERVIEW
- 3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
- 3.3 PURCHASED DATABASE:
- 3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
- 3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
- 3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
- 3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
- 3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
- 3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 INCREASING ADOPTION OF ELECTRIC VEHICLES (EVS)
- 4.2.2 ADVANCEMENTS IN FUNCTIONAL SAFETY STANDARDS
- 4.2.3 INCREASED DEMAND FOR ADAS AND AUTONOMOUS VEHICLES
- 4.2.4 RAPID GROWTH IN CONSTRUCTION SECTOR
- 4.3 RESTRAINTS
- 4.3.1 HIGH DEVELOPMENT COSTS AS A MAJOR BARRIER
- 4.3.2 VULNERABILITY TO SYSTEM-WIDE FAILURES
- 4.4 OPPORTUNITY
- 4.4.1 OTA (OVER-THE-AIR) UPDATE CAPABILITIES
- 4.4.2 GROWTH IN SHARED AND CONNECTED MOBILITY
- 4.4.3 INTEGRATION OF AI AND MACHINE LEARNING
- 4.4.4 DEMAND FOR ENHANCED INFORMATION SECURITY
- 4.5 TRENDS
- 4.5.1 STRATEGIC PARTNERSHIP TO ENHANCE ECUS FOR AUTOMATED ELECTRIC VEHICLES
- 4.5.2 STRATEGIC PARTNERSHIP TO ENHANCE ECUS FOR AUTOMATED ELECTRIC VEHICLES
- 4.5.3 FOCUS ON ENERGY OPTIMIZATION DRIVING VEHICLE CONTROL UNIT MARKET GROWTH
- 4.5.4 GROWTH OF THE VEHICLE CONTROL UNIT MARKET DUE TO CENTRALIZED SYSTEMS
- 4.5.5 INTEGRATION OF AUTOMATED DRIVING CAPABILITIES
- 4.6 COVID-19 IMPACT ANALYSIS
- 4.6.1 IMPACT ON AUTOMOTIVE INDUSTRY
- 4.6.2 IMPACT ON GLOBAL VEHICLE CONTROL UNIT MARKET
- 4.6.3 IMPACT ON SUPPLY CHAIN OF VEHICLE CONTROL UNIT MARKET
- 4.6.4 IMPACT ON MARKET DEMAND OF VEHICLE CONTROL UNIT MARKET
- 4.6.5 IMPACT ON PRICING OF VEHICLE CONTROL UNIT MARKET
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS AND COMPONENTS SUPPLY
- 5.1.2 DESIGN AND DEVELOPMENT OF VCUS
- 5.1.3 MANUFACTURING AND ASSEMBLY
- 5.1.4 TESTING AND QUALITY CONTROL
- 5.1.5 DISTRIBUTION AND LOGISTICS
- 5.1.6 INTEGRATION AND VEHICLE ASSEMBLY
- 5.1.7 END-USERS
- 5.1.8 AFTERMARKET SUPPORT AND UPGRADES
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
6 GLOBAL VEHICLE CONTROL UNIT MARKET, BY VEHICLE TYPE
- 6.1 INTRODUCTION
- 6.2 PASSENGER & COMMERCIAL TYPE
- 6.2.1 PASSENGER VEHICLE
- 6.2.2 COMMERCIAL VEHICLE
- 6.3 ELECTRIC TWO-WHEELER TYPE
- 6.3.1 E-SCOOTER/MOPED
- 6.3.2 E-MOTORCYCLES
- 6.4 OFF-HIGHWAY ELECTRIC VEHICLE TYPE
- 6.4.1 CONSTRUCTION
- 6.4.2 MINING
- 6.4.3 AGRICULTURE
7 GLOBAL VEHICLE CONTROL UNIT MARKET, BY PROPULSION TYPE
- 7.1 INTRODUCTION
- 7.2 BEV
- 7.3 HEV
- 7.4 PHEV
8 GLOBAL VEHICLE CONTROL UNIT MARKET, BY VOLTAGE TYPE
- 8.1 INTRODUCTION
- 8.2 12/24V
- 8.3 36/48V
9 GLOBAL VEHICLE CONTROL UNIT MARKET, BY CAPACITY
- 9.1 INTRODUCTION
- 9.2 16 BIT
- 9.3 32-BIT
- 9.4 64-BIT
10 GLOBAL VEHICLE CONTROL UNIT MARKET, BY OFFERING TYPE
- 10.1 INTRODUCTION
- 10.2 HARDWARE
- 10.3 SOFTWARE
11 GLOBAL VEHICLE CONTROL UNIT MARKET, BY FUNCTION
- 11.1 INTRODUCTION
- 11.2 AUTONOMOUS DRIVING/ADAS
- 11.3 PREDICTIVE TECHNOLOGY
12 GLOBAL VEHICLE CONTROL UNIT MARKET, BY COMMUNICATION TYPE
- 12.1 INTRODUCTION
- 12.2 CAN
- 12.3 LIN
- 12.4 FLEXRAY
13 GLOBAL VEHICLE CONTROL UNIT MARKET, BY REGION
- 13.1 OVERVIEW
- 13.2 NORTH AMERICA
- 13.2.1 US
- 13.2.2 CANADA
- 13.2.3 MEXICO
- 13.3 EUROPE
- 13.3.1 GERMANY
- 13.3.2 UK
- 13.3.3 FRANCE
- 13.3.4 RUSSIA
- 13.3.5 ITALY
- 13.3.6 SPAIN
- 13.3.7 REST OF EUROPE
- 13.4 ASIA-PACIFIC
- 13.4.1 CHINA
- 13.4.2 INDIA
- 13.4.3 JAPAN
- 13.4.4 SOUTH KOREA
- 13.4.5 MALAYSIA
- 13.4.6 THAILAND
- 13.4.7 INDONESIA
- 13.4.8 REST OF ASIA-PACIFIC
- 13.5 MIDDLE EAST & AFRICA
- 13.5.1 GCC COUNTRIES
- 13.5.2 SOUTH AFRICA
- 13.5.3 REST OF MIDDLE EAST & AFRICA
- 13.6 SOUTH AMERICA
- 13.6.1 BRAZIL
- 13.6.2 ARGENTINA
- 13.6.3 REST OF SOUTH AMERICA
14 COMPETITIVE LANDSCAPE
- 14.1 INTRODUCTION
- 14.2 COMPETITOR DASHBOARD
- 14.3 COMPANY MARKET SHARE ANALYSIS,
- 14.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 14.4.1 PARTNERSHIP/COLLABORATION, INVESTMENT, EXPANSION, AND OTHERS MERGER & ACQUISITION
15 COMPANY PROFILES
- 15.1 CONTINENTAL AG
- 15.1.1 COMPANY OVERVIEW
- 15.1.2 FINANCIAL OVERVIEW
- 15.1.3 PRODUCTS OFFERED
- 15.1.4 KEY DEVELOPMENTS
- 15.1.5 SWOT ANALYSIS
- 15.1.6 KEY STRATEGIES
- 15.2 ROBERT BOSCH GMBH
- 15.2.1 COMPANY OVERVIEW
- 15.2.2 FINANCIAL OVERVIEW
- 15.2.3 PRODUCTS OFFERED
- 15.2.4 KEY DEVELOPMENTS
- 15.2.5 SWOT ANALYSIS
- 15.2.6 KEY STRATEGIES
- 15.3 TEXAS INSTRUMENTS INCORPORATED
- 15.3.1 COMPANY OVERVIEW
- 15.3.2 FINANCIAL OVERVIEW
- 15.3.3 PRODUCTS OFFEREDS
- 15.3.4 KEY DEVELOPMENTS
- 15.3.5 SWOT ANALYSIS
- 15.3.6 KEY STRATEGIES
- 15.4 MITSUBISHI ELECTRIC CORPORATION
- 15.4.1 COMPANY OVERVIEW
- 15.4.2 FINANCIAL OVERVIEW
- 15.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 15.4.4 KEY DEVELOPMENTS
- 15.4.5 SWOT ANALYSIS
- 15.4.6 KEY STRATEGIES
- 15.5 STMICROELECTRONICS NV
- 15.5.1 COMPANY OVERVIEW
- 15.5.2 FINANCIAL OVERVIEW
- 15.5.3 PRODUCTS OFFERED
- 15.5.4 KEY DEVELOPMENTSS
- 15.5.5 SWOT ANALYSIS
- 15.5.6 KEY STRATEGIES
- 15.6 AUTONOMOUS SOLUTIONS, INC.
- 15.6.1 COMPANY OVERVIEW
- 15.6.2 FINANCIAL OVERVIEW
- 15.6.3 PRODUCTS OFFERED
- 15.6.4 KEY DEVELOPMENTS
- 15.6.5 SWOT ANALYSIS
- 15.6.6 KEY STRATEGIES
- 15.7 DANA INCORPORATED
- 15.7.1 COMPANY OVERVIEW
- 15.7.2 FINANCIAL OVERVIEW
- 15.7.3 PRODUCTS OFFERED
- 15.7.4 KEY DEVELOPMENTS
- 15.7.5 SWOT ANALYSIS
- 15.7.6 KEY STRATEGIES
- 15.8 EMBITEL
- 15.8.1 COMPANY OVERVIEW
- 15.8.2 FINANCIAL OVERVIEW
- 15.8.3 PRODUCTS OFFERED
- 15.8.4 KEY DEVELOPMENTS
- 15.8.5 SWOT ANALYSIS
- 15.8.6 KEY STRATEGIES
- 15.9 RIMAC AUTOMOBILI
- 15.9.1 COMPANY OVERVIEW
- 15.9.2 FINANCIAL OVERVIEW
- 15.9.3 PRODUCTS OFFERED
- 15.9.4 KEY DEVELOPMENTS
- 15.9.5 SWOT ANALYSIS
- 15.9.6 KEY STRATEGIES
- 15.10 PUES CORPORATION
- 15.10.1 COMPANY OVERVIEW
- 15.10.2 FINANCIAL OVERVIEW
- 15.10.3 PRODUCTS OFFERED
- 15.10.4 KEY DEVELOPMENTS
- 15.10.5 SWOT ANALYSIS
- 15.10.6 KEY STRATEGIES
- 15.11 DATA CITATIONS