The global automotive electronic control unit (ECU) market size is projected to reach USD 84.0 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Growing adoption of integrated ECUs by car-buyers will lead to sustained progress of this market, highlights Fortune Business Insights™ in its report, titled “Global Automotive Electronic Control Unit (ECU) Market Size, Share & Industry Analysis, By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle and Electric Vehicle), By Application (Powertrain, Braking System, Body Electronics, ADAS, Infotainment) and Regional Forecast, 2020-2027”.
Electronic control units are designed to automate the core functions of vehicles, which not only elevate their efficiency but also make them safer and smarter. Integrated or single-system ECUs have emerged as an alternative to the multiple ECU systems, offering considerable advantages over the latter. For example, a multiple ECU system is expensive as it consists of different parts, while an integrated ECU is naturally less costly as it’s a unified system, which is also easier to design. Similarly, carmakers need to invest fewer hours and monies in testing single ECU systems as there is only one unit that needs to be tested; for multiple ECU systems, more time and money are required for testing, thereby inflating development costs. Thus, the cost-effectiveness and operational efficiency of integrated ECUs are fueling their adoption and boosting the growth of this market.
