Electric Vehicle ECU #Marketย is expected to reach USD 42.74 Billion by 2027, according to a new report by Emergen Research. The increasing demand for electric passenger vehicles, the increased implementation of infotainment systems, and the growing propensity for ADAS and automated protection systems are among the significant factors driving the growth of the electric vehicle ECU market. Besides, a rise in the number of electronic components to perform improved functionalities of dashboard instruments, engine, telematics, and powertrain functions, has contributed to substantial growth in the average ECU number used in electric vehicles. Key participants include: Altera Atmel Corporation Continental Delphi DENSO Autoliv Dow Performance Silicones Hitachi Automotive Systems FORVIA HELLA Hyundai MOBIS You Can Download Free Sample PDF Copy Of This Report@ https://lnkd.in/d2F5DiJ5 Framing of supportive legislation from government and regulatory authorities to enhance road safety is expected to implement a range of safety devices, including adaptive cruise control, adaptive front lighting, and anti-lock braking. The #AUTOSAR Alliance has recently been developed to ensure that layer design and layer creation between the ECU hardware and application software can be standardized. The New Car Assessment European Program has been launched to mitigate accident risk by allowing the introduction in their manufacturing process of lane-departure alerts and lock-resistant braking systems in cars. This is to increase scalability and versatility in the integration of hardware and software. The market in the Asia Pacific region accounted for a revenue of USD 1,600.4 Million in 2019. The market dominance of the #APAC region, led by China, is due to massive investments by developing countries in the development and production of electric vehicles, thus driving the market for ECUs. The region is also expected to create substantial opportunities with continuous technological advancements to reduce the ECU count per vehicle. #PassengerVehicle #CommercialVehicle #BatteryPowered #Hybrid #Infotainment #Powertrain #BodyElectronics #emergenresearch
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade. Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors. Emergen Research, the world's fastest growing market research, company.
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