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Vehicle Control Unit Market by Propulsion Type (BEV, PHEV and FCEV), by Capacity (16-bit, 32-bit and 64-bit), by Vehicle Type (Passenger Vehicle and commercial Vehicle), by Application (ADAS & Safety, Body Electronics, Infotainment, Powertrain and Others), Geography – Opportunities and Forecast, 2023-2030
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Analysis from GMI Research finds that the Vehicle Control Unit Market earned revenues of USD 4.4 billion in 2022 and forecast to touch USD 15.1 billion in 2030 will grow at a CAGR of 16.7% from 2023-2030.
Vehicle Control Unit reads sensor signals of brakes, HVIL, or charger connection and then balance system energy, hybrid vehicle battery pack, controls the motor, etc. The vehicle control unit act as a controller for an electric and hybrid vehicle.
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Major Vehicle Control Unit Market Drivers
Increasing demand for electric and hybrid vehicles and technological advancement in electronics powertrain solutions, ADAS, etc. are driving the market growth. In addition, growing additional functionalities in electronic vehicles in order to control electronic components such as the engine, dashboard instrument, etc. are also fuelling the market growth during the forecast period. Moreover, strict government and regulatory policies to install safety systems in electric vehicles to increase road safety are also anticipating the growth of the market. For instance, in Feb 2018, STMicroelectronics launched a chip that can tackle features like night vision, 360-degree detection, etc. for driverless auto.
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Top Market Players
Various notable players in the market includes Continental AG, Robert Bosch GmbH, Texas Instruments, Mitsubishi Electric Corporation, Autoliv Inc., DELPHI Technologies, Altera (Intel Corporation), Denso Corporation, Atmel Corporation, STMicroelectronics and among others. Major players are focussing on product launch, acquisition, collaboration to expand their global reach and become a market competitive.
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Segments covered in the Report:
The Global Vehicle Control Unit market has been segmented by propulsion, capacity, vehicle type, application and key geographies. Based on propulsion type, market has been segmented into BEV, PHEV and FCEV. Based on capacity, market has been segmented into 16-bit, 32-bit and 64-bit. On the basis of vehicle type, market has been segmented into Passenger Vehicle and commercial Vehicle. Based on application, market has been segmented into ADAS & Safety, Body Electronics, Infotainment, Powertrain and Others.
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Key questions answered in this research report:
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- At what pace is global Vehicle Control Unit market growing? What will be growth trend in future?
- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Vehicle Control Unit market?
- What are the various application areas and how they are poised to grow?
Market Segmentation
Global Vehicle Control Unit Market by Propulsion Type
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- BEV
- PHEV
- FCEV
Global Vehicle Control Unit Market by Capacity
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- 16-bit
- 32-bit
- 64-bit
Global Vehicle Control Unit Market by Vehicle Type
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- Passenger Vehicle
- Commercial Vehicle
Global Vehicle Control Unit Market by Application
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- ADAS & Safety
- Body Electronics
- Infotainment
- Powertrain
- Others
Global Vehicle Control Unit Market by Region
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- North America Global Vehicle Control Unit Market (Option 1: As a part of the free 25% customization)
- By Propulsion Type
- By Capacity
- By Vehicle Type
- By Application
- US Market All-Up
- Canada Market All-Up
- Europe Global Vehicle Control Unit Market (Option 2: As a part of the free 25% customization)
- By Propulsion Type
- By Capacity
- By Vehicle Type
- By Application
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
- Asia-Pacific Global Vehicle Control Unit Market (Option 3: As a part of the free 25% customization)
- By Propulsion Type
- By Capacity
- By Vehicle Type
- By Application
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
- RoW Global Vehicle Control Unit Market (Option 4: As a part of the free 25% customization)
- By Propulsion Type
- By Capacity
- By Vehicle Type
- By Application
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
- North America Global Vehicle Control Unit Market (Option 1: As a part of the free 25% customization)
Global Vehicle Control Unit Leading Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Continental AG
- Robert Bosch GmbH
- Texas Instruments
- Mitsubishi Electric Corporation
- Autoliv Inc.
- DELPHI Technologies
- Altera (Intel Corporation)
- Denso Corporation
- Atmel Corporation.
- Stmicroelectronics