Automotive Engine Management System Market Research Report - Global Forecast to 2030

Automotive Engine Management System Market Information Report, By Engine Type (Gasoline and Diesel), By Component (Engine Control Unit (ECU), Engine Sensors, Fuel Pump and Others) By Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region - Forecast To 2030

ID: MRFR/AM/3329-CR | October 2020 | Region: Global | 100 pages

Automotive Engine Management System Market Overview:


Automotive engine management system market value is expected to witness remarkable growth of USD 235.6 billion during the forecast period at a CAGR of 7%.


The automotive engine management system market is dependent on the automobile industry. Therefore, the increase or decrease in the demand for automobiles directly affects the automotive engine management system market. After the lockdown, there has been a huge increase in the sales of vehicles. For this reason, the manufacturers are developing more advanced technologies to meet the demand of the customers and satisfy their needs.


The automotive engine management system controls and adjusts the ignition timing of the amount of fuel that is being injected into the car. It consists of sensors that control the engine speed, intake air and coolant temperature, and oxygen sensors to control the emissions.


COVID-19 Analysis


Due to the sudden outbreak of the COVID-19 pandemic, most governments of several countries imposed strict lockdown norms for more than 3 months. This affected the production of vehicles immensely. Due to the closure of the manufacturing units, the sales of the vehicles came to a halt. Though there are some OEMs that have started their production again, still according to the automotive engine management system market analysis, the automotive engine management system may observe a decline in 2020.


The COVID-19 pandemic has interrupted the production of vehicles. Different automakers are still trying to focus on innovative strategies to develop various engine management systems. After the lockdown, considering the normalcy of the automotive industry, the automotive engine management system market outlook may change in a positive way in the coming years.


Market Dynamics




  • Drivers 




The increased awareness of customers towards the emission of CO2 and pollution level has made the manufacturers of the automotive engine management system market develop more advanced vehicles with no emission of gases. The demand for environment-friendly vehicles which consume less fuel has now increased which in turn has increased the demand for engine management systems globally. This is the major driving force of the market.

 




  • Opportunities 




The lifespan of various vehicles is increasing with the advancement of technologies. There is a significant replacement cycle for every automobile. The replacement cycle of an engine management ECU repeats itself. Hence, becomes very important for the customer to make the replacement. The cost of the engine control module in the aftermarket is quite high which may increase the market revenue. Therefore, the replacement market also has many key players who expand the business and creates a great opportunity.


  •  Restraints


The rise in the rate of pollution is a major factor in the decrease in the sales of diesel vehicles. Thus, the rise in the demand for alternate vehicles has increased. Countries like South Korea, India, and China have started developing electric buses to reduce the emission and control pollution. Due to the emission concerns and enhancement of environmental awareness, there is an increase in the sales of FCEVs and BEVs. An increase in the sales of electric vehicles will affect the engine management system immensely as this EMS is not required in these vehicles.



  • Challenges




To improve the engine performance measures like fuel consumption, emissions, and power output, the automotive manufacturers are constantly focused on the R&D of EMS. Manufacturing such systems are quite challenging for the automotive engine management system industry as it is difficult to control both the parameters (development and design) to keep under control.



  • Cumulative Growth Analysis




The rapid rise in the sales of new vehicles along with the performance of improved vehicles has highly influenced the growth of the automotive engine management system market. Also, the increase in the involvement of new players in the market forced the established players to offer their quality products at affordable prices to stay in the competition. These factors will also be responsible for the increase in the automotive engine management system market revenue.

Value Chain Analysis


The increase in customer awareness towards the pollution level and the emission of CO2 forces the manufacturers of the automotive engine management system industry to keep the emissions under control and improve the fuel economy. The constant demand for automobiles and their advancements has led to an increase in the sales of commercial vehicles and passenger cars. Nowadays, automobile engines are developed with lower emissions and improved technologies that can control the ignition to fuel delivery. Due to this reason, there is a high chance of the automotive engine management system market to experience a significant growth in the coming years.


Competitive Landscape


The companies that are responsible for the automotive engine management system market growth are Rober Bosch, Hitachi Automotive Systems, Denso Corporation, and Continental AG. These are some of the main companies that hold the largest market share. These companies are constantly implementing brand-new innovative strategies to stand out and maintain the competition in the global market. Here is a list of some of the key players that are responsible for inducing the growth of the automotive engine management system market.


List of companies 



  • Robert Bosch (Germany)

  • NGK Spark Plug (Japan)

  • Delphi Automotive (UK)

  • Hitachi Automotive Systems (Japan)

  • Denso Corporation (Japan)

  • Continental AG (Germany)

  • MBE Systems (UK)

  • Hella KgaA Hueck (Germany)

  • Infineon Technology (Germany)

  • Sensata Technologies (Netherlands)


Global Automotive Engine Management System Market Share, By Region, 2016 (%) Global Automotive Engine Management System Market Share, By Region, 2016 (%)


Segment Overview


The automotive engine management system market size is segmented into three categories- by vehicle type, by fuel type, and by component. Here is a list of the segments and their sub-segments into which the market size is being divided.


By Vehicle, 



  • Commercial Vehicles

  • Passenger Cars 


By Component, 



  • Fuel Pump

  • Engine Control Unit (ECU)

  • Engine Sensors

  • Others 


By Fuel Type, 



  • Diesel

  • Gasoline


Regional Analysis


On the basis of region, the automotive engine management system Market Share is segmented into various regions like North America, Asia Pacific, Europe, and the Middle East and Africa. Among these regions, the Asia Pacific region is expected to record the highest market share. In 2020, India executed BS-VI norms whereas China executed the China 6a and 6b. These are some of the upcoming missions that are going to take place in the Asia Pacific region and are going to drive the market.


Along with this, the demand for luxury cars has increased immensely. The rise in the demand for passenger cars has highlighted the need for advanced technologies and better performance of the engine. Therefore, the market for automotive engine management systems in the Asia Pacific region is estimated to witness significant market growth in recent years.


Recent Developments



  • Bosch introduced that Bosch Rexroth (Xi’an) Electric Drives and Controls Co. Ltd which is its subordinate, completed the construction of its second phase Xi’an Plant. This project was announced in 2020 and covered an area of 74,000 square metres square. After completing this project, the Xi’an plant is going to be an integrated intelligent industrial and manufacturing automatic solution provider.

  • In the same year, Hitachi Automotive Systems Ltd. Completed purchasing all the shares of seneos GmnH. Seneos is a German automotive device software developer. Through this transaction, it became an owned subordinate of Hitachi Automotive Systems.

  • Hella launched a second electronics plant in India in 2019. With the help of this production facility, Mehsana, which is in the north of Ahmedabad (a city in Gujarat), will be able to meet the rising demand for electronics components among the locals.


Report Overview


 The report for the global automotive engine management system market provides a clear picture of the current market scenario along with its historical and forecasted market size in terms of volume, value, advanced technological equipment, and the factors governing the market. This research report also outlines the automotive engine management system market trends along with the factors affecting the growth of the market like drivers, challenges, restraints, and opportunities. A detailed analysis is also done based on regions, competition among the key players, and the outbreak of the COVID-19 pandemic. The report also portrays the segmentation of the market and the recent developments that occurred in the market to enhance the growth.


Report Detail


 



  • Historic Period: 2019-2021

  • Base Year: 2021

  • Forecast Period: 2021-2023


 By Geographically,


 



  • North America

  • Europe

  • Asia Pacific

  • The Middle East and Africa



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2027: USD 235.6 Billion
  • 2030 : Significant value
  •   CAGR   7% CAGR (2022 to 2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Engine Type, Component, Vehicle Type
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Robert Bosch (Germany), NGK Spark Plug (Japan), Delphi Automotive (UK), Hitachi Automotive Systems (Japan), Denso Corporation (Japan), Continental AG (Germany), MBE Systems (UK), Hella KgaA Hueck (Germany), Infineon Technology (Germany), Sensata Technologies (Netherlands)
      Key Market Opportunities

  • Lifespan of various vehicles is increasing with the advancement of technologies
  • Replacement cycle of an engine management ECU repeats itself
  • Cost of the engine control module in the aftermarket is quite high which may increase the market revenue
  • Replacement market also has many key players who expand the business and creates a great opportunity
  •   Key Market Drivers

  • Developments in the automotive industry and rising sales of automobiles
  • Increased awareness of customers towards the emission of CO2 and pollution level
  • Demand for environment-friendly vehicles which consume less fuel has now increased


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    Frequently Asked Questions (FAQ) :


    The automotive engine management system market is presumed to mark 7% CAGR.

    The valuation of the automotive engine management system market is prognosticated to be USD 235.6 Mn.

    Increasing demand is expected for passenger vehicles which is projected to augment the segment in the near future.

    The automotive engine management system market is likely to benefit from the developments in the automotive industry and rising sales of automobiles.

    The segments of the automotive engine management system market, by component, are Engine Control Unit (ECU), fuel pump, engine sensors, and others.

    In 2016, the passenger car segment had dominated the automotive engine management system market.

    The major players of the automotive engine management system market are Continental AG (Germany), Delphi Automotive (UK), NGK Spark Plug (Japan), Hella KgaA Hueck (Germany), Robert Bosch (Germany), Denso Corporation (Japan), Hitachi Automotive Systems (Japan),Sensata Technologies (Netherlands), Infineon Technology (Germany), and MBE Systems (UK).